Finance Manager at Crown Agents

Job Overview

Location
Lagos, Kebbi
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
6421
Job Views
232

Job Description



Sector: Finance

Job Type: Full Time / Part Time


Function of Department



  • The Finance function’s role is to provide a complete accounting and financial management service to enable Crown Agents Nigeria to meet statutory requirements and exercise effective financial control over the Crown Agents business.


Main Job Purpose



  • Reporting to the Country Director, the role is responsible for the overall finances of Crown Agents Nigeria.

  • The role will provide a complete financial and management accounting service to enable the CA Nigeria to meet the external statutory financial and tax requirements while adhering to Crown Agents internal accounting policies and procedures.

  • The role will also include line management of the Finance and Admin Officer.


Main Responsibilities

Financial Accounting:



  • Ensure comprehensive financial accounts are maintained for CA Nigeria in order to comply with local regulations & corporate governance.

  • Record all financial transactions by entering them into the accounting system (including but not limited to sales invoices, purchase invoices, supplier payments).

  • Review the monthly P&L and balance sheet of the CA Nigeria, ensuring that the balance sheet is reconciled on a monthly basis.


Management Accounting:



  • Manage and review monthly management accounts providing detailed commentary for actual versus budget analysis.

  • Assist management with the preparation and review of required budgets and forecasts, including the annual corporate CA Nigeria budget.

  • Preparation of meaningful statistics, KPIs and variance analysis.

  • Posting of required month end journals such as accruals and prepayments.


Project Accounting:



  • Manage the project accounting for any locally delivered contracts.

  • Work with project managers to ensure project expenditure incurred in line with budget whilst adhering to all client and internal CA controls

  • Support in the preparation and submission of client reports as and when required.


Treasury:



  • Forecast cash flow positions, related funding needs from UK HQ, and available funds for HQ cash-pooling. 

  • Ensure that sufficient funds are available to meet ongoing operational and project delivery requirements.


Payroll:



  • Undertake the preparation of the monthly payroll ensuring all necessary payment adjustments and deductions are efficiently and accurately reflected.

  • Ensure compliance with internal CA payroll policies as well as local statutory payroll and tax requirements.


Control Function:



  • Ensure that adequate financial and internal audit controls are in place, are aligned with group polices and are monitored on a regular basis.

  • Substantiate financial transactions by reviewing and verifying supporting documentation.


Taxation / Company Secretarial:



  • Ensure that local taxation requirements for the CA Nigeria are adhered to including meeting Revenue Authority deadlines (corporation tax, sales tax, withholding tax, payroll etc).


Fixed Assets:



  • Manage the fixed asset process, ensuring assets are correctly capitalised, depreciated and disposed in line with internal controls and processes.


Line Management:



  • Line manage and successfully develop the Finance and Admin Officer.

  • Ensure the outputs of the Finance and Admin Officer are in line with expectations and allow for achievement of CA Nigeria’s finance requirements.


Qualifications



  • Minimum of a Degree in Accounting, Finance or a related field from a recognised institution plus a professional qualification such as ACA, ACCA, CIMA or equivalent locally recognised qualification.


Experience:



  • Minimum of 5 years professional experience in finance

  • Proven track record in financial accounts and management reporting

  • Ability to handle multiple tasks simultaneously, set priorities and work independently

  • Experience of working in an international organisation.

  • Knowledge of local tax legislation is required.

  • Experience with Sun Accounting System (desirable not essential).


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