• Application Deadline: Wed, 5 Apr 2023 00:00:00 GMT
• Position: Head of Finance


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 8 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

• Oversees the company's overall finance function.


• Develops/supervises the development of strong and effective business strategies and plans.


• Liaise with Bank on Transaction rates and foreign Translation rates.


• Prepares the company's annual budget and communicates approved performance targets to all stakeholders.


• Periodically assess the company's financial management needs and current capabilities; determines proactively gaps and develops plans to bridge/meet financial needs.


• Oversees the design and implementation of processes that provide business managers with the necessary financial data to make decisions and monitor performance.


• Ensures the effective management of the company's financial resources.


• Monitors the company's operating performance and overall financial health using established corporate business performance metrics.


• Develop and implement daily, monthly, and quarterly cash forecasting models.


• Enforcing financial discipline/guidelines and controls across the company, and especially among management.


• Develops effective financial systems to facilitate management decision-making.


• Manage and comply with local, state, and federal government reporting requirements and tax filings.


• Present, and analyze financial reports, and recommend appropriate action to achieve corporate e objectives.


• Reconciliation of all credit transactions.


• Prepareofbudget (expected income and expenditure) for the credit unit.


• Assessing returns and risks associated with credit schemes.


• Constant review of retail and corporate credit limits to ensure that risk exposure is under control.


• Daily monitoring and reporting of receivables to ensure that the company is not unduly exposed.


• Ensure that payments for all financed products are fully paid and reported.


• Monitoring and weekly reconciliation of credit transactions and ensuring that staff maintains KYC and credit rules.


• Resolve issues related to account discrepancies for the credit department.


• Develop and document business processes and accounting policies to maintain and strengthen internal control.


• Coordinate and assist with the preparation of the regulatory reporting including annual and periodic program review audits.

Requirements and Skills

• Bachelor’s Degree in Accounting.


• Minimum of 8 years of accounting experience or a minimum of 4 years as a Finance Manager.


• Excellent in Microsoft Word, Excel, and PowerPoint.


• Able to use accounting packages such as Banking software(bank One), ERP, (360 dynamics), Bespoke, Quick-books, Zoo-books, and Sage Evolution.

Professional Qualifications:

• Professional qualification in the Institute of Chartered Accountants of Nigeria,(ICAN).


• Associate Chartered Accountant (ACA).


• Chartered Institute of bankers of Nigeria, CIBN.


• Member Chartered institute of bankers MCIB.