• Application Deadline: Wed, 2 Nov 2022 00:00:00 GMT
• Position: Finance and Accounts Manager


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 6 - 8 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

JOB SUMMARY

The Finance and Accounts Manager reports to the Managing Director, with a dotted reporting line to the Chair - Board Finance Committee and will be responsible for the overall financial management and day to day bookkeeping of the company’s financial records.

RESPONSIBILITIES

• Financial Strategy: Responsible for reviewing company financial strategy (including the use of profits and reserves) and making recommendations to the Managing Director where appropriate.


• Financial Accounting: Responsible for producing and analyzing end of year financial accounts; liaising with the company's auditors, production of statutory accounts and filing of the company's tax returns.


• Management Accounting: Responsible for producing annual departmental and company-wide budgets and five-year rolling estimates, monthly and quarterly management accounts and ad-hoc reports as required.


• Accounting Systems: Responsible for reviewing, updating, and implementing existing internal accounting systems and introducing new systems and controls where appropriate.


• Accounting Software: Responsible for maintaining computerized accounting software, ensuring the provision of adequate third-party support for the software, and upgrading the software where appropriate.


• Expenditure Control: Responsible for monitoring all company expenditure and where appropriate making recommendations to individuals and teams responsible for budgets.


• Co-ordination of additional bookkeeping support as necessary from time to time. This might include managing temporary workers or mentoring accountancy students on placement.


• General Ledger: Responsible for maintaining the General Ledger; setting up new accounts and cost centers when required; ensuring reconciliation of control accounts; ensuring correct allocation of expenditure to cost centers.


• Purchase Ledger: Responsible for accurate processing of all supplier invoices and for their regular, on-time payment.


• Sales Ledger: Responsible for prompt raising of sales invoices for customers, processing of receipts and all aspects of credit control.


• Banking: Responsible for managing of all treasury functions including company bank accounts and company credit/debit cards; ensuring adequate funds are available to meet expenditure requirements; ensuring optimal management of cash flows by liaising on a regular basis with the company's bankers and other stakeholders.


• Tax: Responsible for handing all tax returns and providing advice on compliance with regulations as necessary, working with the company’s tax consultants where available.


• Budgeting: Working with the various departments to prepare budgets, forecasts, and management accounts.


• Develop financial documents, processing, and budget preparation and execution.


• Provide analytical support for specific programs with respect to budget formulation.


• Insurance: Responsible for reviewing the company's insurance arrangements (policies and brokers); ensuring adequate insurance cover is maintained; administering the company's insurance policies and making claims where necessary; liaising with the company's insurance brokers


• Contribute financial information to strategic plans and reviews; for implementing operational, productivity, quality, and customer-service standards; resolving problems; identifying system improvements.


• Prepare monthly management reports.


• Prepare income statements and balance sheets.


• Support regular and annual audits by providing timely information and answers to internal and external auditors.


• Protect organization's value by keeping information confidential.


• Maintain financial security and establish internal controls and checks.

REQUIREMENTS

A Bachelor’s Degree or Equivalent.

• Minimum of Eight (8) years’ prior work experience within a financial management role.


• Experience of preparing budgets, management accounts and end of year financial accounts.


• Extensive experience and a thorough working knowledge of computerized accounting systems and spreadsheets.


• Good verbal and written presentation skills.


• Ability to work independently and on own initiative, within a team environment.


• Ability to work well under pressure whilst maintaining attention to detail.


• Excellent organisational and interpersonal skills.


• Proficiency in the use of Microsoft office tools.


• High analytical ability; Good investigative and Reporting Skills.


• Member of ICAN.