• Application Deadline:
• Position: ICT Finance Manager


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 18 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Summary:

• The Finance Manager is responsible for overall financial management and coordination of all aspects of the Information and Communications Technology (ICT) sector of SpringRock Group; to deliver business growth, analyze investment opportunities and provide strong financial returns.


• He or She ensures that ICT financial business operations are conducted efficiently and in strict compliance with standards and procedures and delivers the corporate objectives of SpringRock Group.


• The finance manager continually drives innovations, recommends, and implements system improvements across the finance function and the entire SpringRock ICT business.

(FEMALE PREFERRED FOR GENDER BALANCE)

Key Responsibilities and Duties:

• Business Financial Operations Management


• The responsibilities of the Finance Manager include but not limited to:


• Responsible for Profitability of SpringRock ICT business operations.


• Works with Business Managers and Business Development to drive business growth and align resources in the finance department and other departments in line with business to deliver revenue growth and strong margins


• Ensures that company has a strong cash flow and is adequately resources to manage continuing operations


• Develop sustainable strategies, business and operating models, and investments.


• Analyze financial data and reports to determine financial performance, determine financial probability and advise management on weekly business trends along with recommendations for improvement.


• Ensures that the month end close activities including the preparation and review of journal entries and review of budget-to-actual reports are conducted in a timely manager.


• Prepare and present monthly financial performance, recommendations, and advice to the management


• Responsible for the forecasting, budgeting, monitoring, and reporting of the operating and capital budgets and financials. And also establishes effective budgetary controls.


• Review and authorize expenditure/transactions in line with the organization's budget and approved authority limits.


• Present and oversee the timely preparation and approval of annual financial statements and reports for management. Ensuring that they reflect the company's true financial position and comply with statutory and regulatory requirements


• Utilizes financial ratios between current and prior year values in the Statement of Financial Position, Statement of Comprehensive Income and Statement of Cash Flow Statements to drive financial efficiency.


• Leads in annual audit preparations.


• Investigate and resolve audit findings, account discrepancies, and issues of non-compliance.


• Prepare processes, policies, and procedures for the various accounting functions.


• Responsible for recommending and implementing system improvements including accounting process design.


• Participates in inventory audit at bitMARTe Hubs


• Review debtors and creditors open ledgers to ensure proper accounts payable management, prompt accounts settlement and balance sheet reconciliation.


• Responsible for all regulatory compliance and timely remittance to statutory bodies.


• Responsible for ensuring timely payroll management


• Ensure that bitMARTe meets its obligations to merchant payments, 3PLs and other providers in a timely manner at all times.


• Support to Finance team members to achieve their objectives and operate efficiently


• Management of relationships with major merchants, Financial Solution Providers and 3rd party gateway providers


• Responsible for ensuring compliance with applicable company policies, including Personnel, Quality System and HSE standards.

Key Responsibilities and Duties:

• Strategy and New Investments Management


• Develop and build the financial strategy for new investments and new businesses


• Lead valuation of investments, projects and any acquisitions


• Advise management on a range of investment strategies, such as stocks and bonds, retail or mutual funds, property, and shares (amongst others), that will maximize financial returns.


• Prepare cashflow forecast and projected financial performance of new businesses and investments demonstrating their viability using the relevant financial ratios like IRR, NPV, etc


• Develop the budgets and financial roadmaps for new investments and new business and leads the implementation


• Performs investment portfolio management using financial ratios and other financial analysis.


• Ensure/plan availability of adequate funding as required for new business operations, in line with organization's financial policies and position


• Manage the raising of funding and credits for business expansion and new businesses


• Management of relationships with major bank merchants, Financial Solution Providers and 3rd party gateway providers at the executive levels.

Experience and Qualifications:

• Minimum of Eighteen (18) years’ working experience in an Accounting or finance function


• Work experience in an investment banking company or financial advisory service company such as finTech, Big4, Stanbic IBTC Asset Management etc.


• Held management positions for at least 5 years and led teams successfully. A First Degree in Accounting, and/or Finance or (certification in corporate Finance)


• A Postgraduate or master’s degree in a related field is an added advantage


• Membership of ICAN, ACA, ACCA, or CFA is required


• Has worked in organization with processes and procedures and is conversant with working within approved standards and policies.