Finance Manager at TECO Limited

Job Overview

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

Additional Details

Job ID
145735
Job Views
25

Job Description






Job Summary




  • The Finance Manager will be responsible for financial planning, budgeting, financial reporting, cost control, tax compliance, and internal financial controls across the organisation.

  • The role will also support project financial monitoring, ensuring that fabrication and installation projects remain financially viable and properly accounted for.

  • The successful candidate will work closely with management, project teams, procurement, and operations to ensure strong financial governance and profitability.



Key Responsibilities

Financial Management & Reporting:




  • Prepare monthly, quarterly, and annual financial statements.

  • Maintain accurate general ledger, financial records, and accounting systems.

  • Provide financial analysis and reports to management for strategic decisions.

  • Ensure compliance with accounting standards and financial regulations.



Budgeting & Cost Control:




  • Develop and monitor annual budgets and departmental budgets.

  • Track project costs and profitability for palm oil mill fabrication and installation projects.

  • Implement systems to control operational and project costs.

  • Monitor cash flow and financial performance.



Tax & Regulatory Compliance:




  • Ensure compliance with tax regulations (PAYE, VAT, Withholding Tax, Company Income Tax).

  • Coordinate statutory filings and regulatory reporting.

  • Liaise with external auditors, tax consultants, and regulatory authorities.



Financial Controls & Risk Management:




  • Establish and enforce internal financial control systems.

  • Monitor procurement and payment processes to ensure financial discipline.

  • Identify and mitigate financial risks affecting operations.



Project Financial Oversight:




  • Work closely with project managers and operations teams to monitor project budgets.

  • Review project cost estimates and financial feasibility.

  • Ensure proper financial documentation for project expenditures.



Team Leadership:




  • Supervise and guide accounting and finance staff.

  • Support training and development within the finance function.

  • Promote a culture of financial accountability across the organisation.



Requirements

Education:





  • Bachelor’s Degree in Accounting, Finance, or related discipline.





Professional Qualification:





  • ICAN, ACCA, or equivalent professional certification (required).





Experience:




  • 5–8 years accounting / finance experience.

  • Experience in engineering, manufacturing, construction, or project-based organisations will be an advantage.



Skills & Competencies:




  • Strong financial analysis and reporting skills

  • Knowledge of tax laws and statutory compliance

  • Budgeting and cost control expertise

  • Strong Excel and accounting software proficiency

  • Excellent leadership and communication skills.



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