Finance Manager at Cainergy International Limited

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
64628
Job Views
186

Job Description



Job Objective/Purpose of Job:



  •  Responsible for the financial health of Cainergy. He/she produces financial reports and develops strategies for the short and medium-term plans for the company's financial goals.


Job Duties/ Responsibilities/ Accountabilities:



  • Provides financial direction, planning and accounting to the business, covering short term financial goals. Liquidity & Treasury Management:

  • Using appropriate forecasting tools, ensures that adequate measures are factored to achieve business objectives.

  • Ensures that optimal liquidity is available to deliver business/project plan.

  • Negotiates/arranges external finance, when necessary, viz Loans and Overdraft.

  • Reviews working capital/cash flow requirement on a regular basis.

  • Monitors banking activities for the Company for proper running and ensure regular reconciliations of all banking transactions with the cash books. Budgeting and Financial Forecast.

  • Develops plans, budgets, forecasts and financial results to guide management decisions by forecasting requirements; analyzing variances and initiating corrective actions.

  • Presents operating and capital expenditure budgets for review and approval. Financial Analysis & Interpretation.

  • Monitors financial performance by measuring and analyzing results, initiating corrective actions; and minimizing the impact of variances.

  • Responsible for presenting and reporting accurate and timely historical financial information of the Company and its other business concerns (Company and project sites).

  • Oversee the coordination and activities of independent auditors (Internal and External Auditors).

  • Manages relationships with regulatory and statutory bodies, i.e. NAICOM, FIRS, Abuja/ Lagos & Benin Internal Revenue Service, etc. Internal Control & Monitoring.

  • Ensures adequate controls are installed and maintained to cover all financial transactions, including safeguarding financial assets.

  • Possesses versatile ability to handle various business applications within the Company

  • Control and monitor activities and personnel to achieve required performance.

  • Oversees activities of the finance team (i.e. hires, coaches, appraises rewards, motivates, discipline, etc).


Requirements



  • First degree in Accounting, Finance Administration, or any equivalent combination of education, training, and experience

  • Professional accounting/finance e.g. ACA, ACCA, CIMA, CFA, ICAN

  • An MBA or business-related postgraduate degree would be an added advantage.


Experience Required



  • 10+ years of experience in finance, product control, and investment role with a major company or division of a large corporation. With at least 5 years in a management-level role.


Skills Required



  • Experience managing finance in companies in the oil and gas or construction or asset management experience would be an added advantage.

  • Knowledge of audit and tax will be an added advantage.

  • Experience managing a group of companies, with consolidation accounting experience.

  • Experience in managing profitability and cost management, macroeconomic issues, and tax and regulatory policy.

  • Experience using office computer programs like spreadsheets, databases, and word processing software.

  • Knowledge of account and finance framework and principles • Knowledge of expected priority areas of focus for the government to improve the business environment.

  • Accounting Knowledge (IFRS etc.)

  • Budgeting & Forecasting • Investment & Credit Risk Knowledge

  • Internal Controls

  • Knowledge of Risk Management

  • External Financial & Regulatory Reporting Knowledge

  • Fraud Prevention, Detection & Investigation


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