Financial Controller at Domeo Resources International (DRI)

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 month ago

Additional Details

Job ID
143951
Job Views
39

Job Description






Main Function




  • The Financial Controller is responsible for overseeing all financial operations of the organization, including budgeting, accounting, financial reporting, internal controls, treasury management, and regulatory compliance.

  • The role ensures the accuracy and integrity of financial information while supporting strategic decision-making and maintaining strong financial governance.

  • The ideal candidate must be analytical, detail-oriented, and highly organized, with strong leadership skills and extensive experience in financial management and reporting.



Role Responsibilities

Financial Planning and Budget Management:




  • Lead the preparation of annual budgets, forecasts, and financial projections.

  • Monitor budget performance and provide variance analysis with recommendations.

  • Support management in strategic planning and financial decision-making.

  • Develop financial models to evaluate business performance and new opportunities.



Accounting and Financial Reporting:




  • Oversee bookkeeping, general ledger operations, and month-end/year-end closing processes.

  • Prepare accurate and timely financial statements in line with accounting standards.

  • Ensure compliance with IFRS, GAAP, and local financial regulations.

  • Review and approve accounting entries, reconciliations, and financial reports.

  • Maintain proper documentation of all financial transactions.



Internal Controls and Compliance:




  • Develop and enforce strong internal control systems to safeguard company assets.

  • Conduct periodic audits to ensure compliance with financial policies and procedures.

  • Identify risk areas and implement corrective and preventive measures.

  • Ensure adherence to corporate governance, tax laws, and statutory requirements.

  • Liaise with external auditors during annual audits and ensure timely resolution of audit queries.



Cash Flow and Treasury Management:




  • Manage daily cash flow, banking operations, and liquidity planning.

  • Oversee payments, collections, and bank reconciliations.

  • Develop strategies to optimize working capital and reduce financial risk.

  • Maintain strong relationships with banks and financial institutions.



Cost Management and Financial Efficiency:




  • Monitor and analyze operational costs to identify savings and efficiency opportunities.

  • Implement cost-control measures and financial discipline across departments.

  • Review procurement processes and ensure value-for-money expenditures.



Taxation and Regulatory Compliance:




  • Ensure accurate and timely filing of tax returns (VAT, PAYE, WHT, CIT, etc.).

  • Maintain updated knowledge of tax laws and regulatory changes.

  • Coordinate tax audits and ensure full compliance with tax authorities.

  • Provide guidance on tax planning and regulatory requirements.



Financial Strategy and Business Support:




  • Provide financial insights and recommendations to support business growth.

  • Evaluate investment proposals, capital projects, and expansion opportunities.

  • Track financial KPIs and develop improvement strategies for profitability.

  • Support management in pricing decisions, revenue analysis, and market trends.



Leadership and Team Management:




  • Lead, mentor, and supervise finance and accounting staff.

  • Assign responsibilities, monitor performance, and ensure high-quality output.

  • Identify training needs and coordinate capacity-building programs for the finance team.

  • Promote a culture of accountability, accuracy, confidentiality, and professionalism.



Experience / Qualification




  • Bachelor’s Degree or HND in Accounting, Finance, Economics, or related fields.

  • Professional certification such as ICAN, ACCA, or CPA is required.

  • 7–10 years of progressive experience in accounting or financial management.

  • Experience in corporate finance, budgeting, and internal control systems.

  • Prior experience in hospitality, manufacturing, retail, oil & gas, or FMCG sectors is an advantage.

  • Strong familiarity with IFRS, audit processes, and financial reporting standards.



Competencies / Skills:




  • Strong knowledge of accounting principles and financial management.

  • Expertise in budgeting, forecasting, and financial analysis.

  • Excellent leadership and team management abilities.

  • High proficiency in financial software, ERP systems, and Microsoft Excel.

  • Strong analytical, critical thinking, and problem-solving skills.

  • Excellent communication and presentation abilities.

  • Deep understanding of regulatory compliance, taxation, and audit processes.

  • Strong attention to detail and accuracy.

  • Ability to work under pressure and meet deadlines.



Behavioural Qualities / Other Competencies:




  • High level of integrity, professionalism, and confidentiality.

  • Strong ethical judgment and accountability.

  • Self-motivated, disciplined, and reliable.

  • Strategic thinker with a proactive mindset.

  • Excellent interpersonal and leadership qualities.

  • Strong work ethic and commitment to excellence.

  • Ability to adapt to dynamic business environments.



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