Financial Manager at Human Capital Partners (HCP)

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 days ago

Additional Details

Job ID
125362
Job Views
23

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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