Financial Manager at Human Capital Partners (HCP)

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
10 months ago

Additional Details

Job ID
125362
Job Views
115

Job Description






JOB SUMMARY




  • This role reports to the Partners & is responsible for overseeing the financial management & strategic planning of the firm. This position will lead the finance team in providing accurate financial insights, managing financial risks, & ensuring compliance with industry regulations.



RESPONSIBILITIES




  • Develop & implement financial strategies aligned with the firm's business goals & objectives.

  • Provide financial recommendations to the firm's leadership team to support decision making & growth.

  • Oversee the preparation of financial reports, including project profitability analysis, revenue recognition, & cost tracking. 

  • Ensure timely & accurate financial reporting to facilitate management decisions.

  • Lead the annual budgeting process, working closely with department heads to develop budgets and financial forecasts.

  • Oversee the billing process, ensuring timely & accurate client invoicing.

  • Collaborate with project managers to monitor client accounts receivable & implement effective collection strategies.

  • Work closely with project teams to manage budgets, track costs, & ensure profitability.

  • Provide financial insights on project performance & potential financial risks.

  • Ensure compliance with financial regulations, accounting principles, & industry standards.

  • Monitor cash flow & working capital to ensure adequate liquidity for ongoing operations.

  • Implement cash management strategies to optimize working capital.

  • Establish & maintain robust financial controls to safeguard the organization's assets & prevent fraud or misappropriation.

  • Evaluate & enhance financial systems & processes to streamline financial operations & improve efficiency.

  • Manage banking relationships & optimize treasury functions, including investment decisions & foreign currency management.

  • Identify & assess financial risks, develop risk mitigation strategies, & proactively address potential issues to ensure financial stability.

  • Lead & develop the finance team, providing mentorship, performance feedback, & professional development opportunities.

  • Foster a culture of continuous improvement & collaboration within the department.

  • Collaborate with the firm's partners and management team to communicate financial results, forecasts, and insights. 

  • Provide financial expertise to support business initiatives & proposals.

  • Manage payroll



REQUIREMENTS




  • A first degree in Accounting Engineering, Finance, or a numerate discipline

  • A minimum of 8 (eight) years’ work experience

  • Possession of relevant professional certification (ICAN/ ACA / ACCA / ACMA /CFA)

  • Proficient in using QuickBooks Accounting Software



To help you succeed in the role, you will need to have.




  • Strong financial acumen, analytical skills, & strategic thinking abilities.

  • Strong understanding of financial management in a project-based environment.

  • Excellent knowledge of accounting principles, financial regulations, & tax compliance for professional services firms.

  • Experience in financial planning, budgeting & forecasting.

  • Advanced financial analysis & reporting skills.

  • Leadership acumen with excellent communication & interpersonal abilities.

  • Ability to work under pressure and meet tight deadlines.

  • Proficiency in financial software & Microsoft Office applications.

  • Working knowledge of the Balanced Scorecard as a Performance Management Tool

  • Ability to interpret and relay financial information in a practical manner that is easily understandable to non-financial persons. 

  • Excellent communication and presentation skills



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