• Application Deadline: Mon, 31 Jul 2023 00:00:00 GMT
• Position: Head of Finance


• Job Type Full Time


• Qualification MBA/MSc/MA


• Experience 6 - 13 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

The Head of Finance will be responsible for the planning, implementation, managing and running of all Nigeria’s financial activities.

Other responsibilities include:

• Develop and control Nigeria’s annual budget to ensure all financial targets are met and financial and statutory regulations are complied with;


• Manage the processes for financial forecasting and budgets, and oversee the preparation of all financial reporting for Nigeria;


• Coordinate and supervise annual third-party valuation of Rendeavour assets in Nigeria;


• Prepare and maintain comprehensive financial and Discounted Cash Flow (DCF) models of all Rendeavour Nigeria projects;


• Safeguard shareholder assets through appropriate internal controls and manage any financial risks;


• Maintain relations with external auditors and investigate all findings and recommendations


• Flag all potential risks raised by auditors to the Group CFO, Managing Director, Alaro and Chief Operating Officer, Nigeria and explore all mitigation;


• Prepare financial statements and oversee all audit processes through to completion;


• Oversee the preparation of the company's accounts to ensure these are presented accurately and as required;


• Prepare reports to the Group CFO and Managing Director, Nigeria to be fed into country and Group reports; 


• Develop and implement an efficient tax strategy to maximize profits within the agreed tax laws of Nigeria; ensure tax efficiency and compliance with all laws and tax aspects including but not limited to transfer pricing, withholding taxes, tax planning;


• Overall control of corporate banking relationships and maintain an integrated platform of all bank accounts to ensure seamless operations at all times;


• Responsibility for managing all investor relations through seeking investors and managing key relationships.


• Control of all payment processes in line with the Corporate Governance Handbook and budgets;


• Ensure statutory accounting is done properly and audited financial statement are submitted to the relevant authorities on time;


• Monitor all procurement and land sale activities to ensure 100% compliance with CGHB; 


• Maintain and develop all necessary policies and procedures to ensure sound financial management and control of the business;


• Provide results-focused leadership, direction and management for the Nigeria finance team;


• Provide strategic recommendations on all financial matters and correspondence and advise on long-term business and financial planning; 


• Establish and develop relations with other members of the senior management team; and


• All other related duties and responsibilities as reasonably required and as assigned.

REQUIREMENTS

• Chartered Accountant minimum with 10 - 15 years hands-on experience


• CFA qualification will be an added advantage


• Big 4 accounting training/experience preferential


• Real Estate Investment experience preferential


• Internationally educated


• Ability to perform a complex Group consolidation


• Good understanding of IFRS


• Advanced knowledge of Microsoft Excel (complex formulae, sensitivity analysis etc.)


• Overall responsibility for management of a finance department


• Excellent communication skills required for international Group and remote correspondence with finance team of 5+


• Cash flow forecast and analysis, budgeting


• KPI analysis and commentary of performance against budget, for quarterly board packs


• Financial modelling, scenario analysis and due diligence


• Lead correspondence with Auditors


• Ability to implement new

Skills and experience:·      

• Very strong analytical skills;


• Strong written and verbal communication skills, proven ability to present information clearly in a report or presentation to senior management;


• Good understanding of and ability to apply basic concepts in finance and economics;


• Excellent attention to detail;


• Mature, pragmatic and flexible approach, good commercial judgment;

Personal characteristics:

• Exceptional work ethic;


• Self-driven;


• Intelligent;


• Resilient; and


• Result-oriented.


• Rigorous and organized.


• Team player with good interpersonal skills; and