• Application Deadline: Mon, 26 Dec 2022 00:00:00 GMT
• Position: Head of Finance


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 years


• Location Lagos


• City Ikeja


• Job Field Finance / Accounting / Audit 
  

Key Responsibilities

• Accountable for the financial operations of the company, including the development of a financial strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results


• Prepare, develop and analyse key financial information to ensure that the organisation's management makes well-informed decisions to ensure future stability, growth and profitability


• Strategic assistance in formulating the company's future direction and supporting tactical initiatives


• Aiding managerial planning & commercial decision making by providing appropriate financial information promptly

Others:

• Execute, manage and track all accounting functions for the company.


• Ensure that the financial statements are prepared in line with the relevant generally accepted accounting principles.


• Maintain a documented system of accounting policies and procedures.


• Maintain the general ledger accounts.


• Track the company's financial status and performance to identify areas for potential improvement.


• Manage budgets and report on variances.


• Undertake financial strategic analysis and assist management with strategic planning.


• Review the monthly bank reconciliation statements and bank transactions.


• Build strong banking relationships and ensure that appropriate compliance controls are in place


• Manage account receivables and follow-up to ensure that payments are made within contractual timelines.


• Manage account payables and ensure compliance with payment terms without compromising cash flow.


• Manage the non-current assets and ensure that the fixed asset register is up to date.


• Ensure monthly reconciliation of all balance sheet accounts, preparation and maintenance of amortization and depreciation schedules.


• Prepare audit lead schedules for external audit exercise.


• Provide support to the statutory auditors and ensure that the audit is completed within stipulated timeframe.


• Administer month and year-end close processes.


• Ensure compliance with regulatory bodies, accounting and finance standards, and best practices.


• Ensure compliance with relevant tax legislatures including prompt monthly returns and tax filing.


• Provide reports to the executive management team, when required.


• Advise management on areas for cost reduction and engage in ongoing cost reduction analysis.


• Support other functions within the company including operations, IT, HR and general administration.


• Oversee the activities of direct reports and take responsibility for their performance.


• Keep up to date regarding sector’s rules, regulations, best practices, tools, techniques, and performance standards.

Requirements

• Candidates should possess a Bachelor's Degree qualification with at least 5 years work experience.