Finance Manager at ALML Group

Job Overview

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

Additional Details

Job ID
72246
Job Views
120

Job Description



Role Purpose



  • To manage the day-to-day Finance activities of the ALML Group, taking responsibility for financial reporting, working capital management, banking, revenue accounting, budgeting and other general finance matters.

  • Expected to deliver strong financial control within Finance team and the business. Deliver technical competence and authority in accounting, regulatory and local taxation requirements.


Responsibilities not limited to



  • Review of the core monthly financial statements, including; Profits and Loss, balance sheet and cash-flow statement and provide commentary thereon.

  • Presentation to the directors on new performance issues, variance analysis to budget and forecasts.

  • Preparing all regulatory filling returns as required according to requirements and within timetable.

  • Liaising with external bodies as appropriate.

  • Reviewing and controlling working capital.

  • Maximise creditor terms and ensure strong credit control on debtors.

  • Ensure strong and effective stock control in place with perpetual inventory administered on a timely basis.

  • Ensure that Bank Accounts are effectively reconciled and reviewed.

  • Ensure that Fixed assets are properly tracked and reported correctly.

  • Ensure that the Finance department adopts and enforces strong internal controls according to best accounting practice.

  • Ensure that the Trial Balance is effectively managed and reconciled on a timely basis.

  • Ensure that contracts with suppliers are fully documented and effectively managed.

  • Manage the banking relationship.

  • Ensure excess funds are invested appropriately.

  • Ensure that foreign exchange commitments can be met on the due dates.

  • Review and ensure that the hedging policy is being appropriately used on foreign exchange exposure.

  • Ensure that all revenue and cash are fully captured, reported and collected.

  • Ensure that ticket stock is effectively controlled.

  • Manage the relationship with IATA, BSP, ARC on financial issues.

  • Develop detailed budgets for all departments.

  • Manage the budgeting process ensuring key measures are incorporated.

  • Measure actual performance against budget on a monthly basis.

  • Update the year end forecast.

  • Manage the procurement team

  • Ensure that all contracts are documented , Service Level Agreements are in place.

  • Ensure that contracts are being effectively managed.

  • Ensure that insurable risks are identified and appropriate policy is made on coverage of the risk.

  • Ensure that insurance have been taken out and are effectively managed.

  • Policy is in full compliance and at least covers minimal requirements as governed by Nigerian Law.

  • Major stakeholder with the financial year-end audit process.

  • Ensure that all major reviews, schedules and prepared by clients listings are compeleted for audit review.

  • Responsible for calculating tax returns and statutory filings.

  • Compile statutory accounts with notes.


Requirements



  • Minimum qualification of 1st degree or its equivalent.

  • Mandatory Youth Service Certificate or Exemption Letter.

  • ICAN qualification with 5 years post qualification experience is a must

  • Good interpersonal skills.

  • Ability to make presentations to directors.

  • Development of budgets, monthly accounts, variance analysis and commentary

  • Working effectively with non finance managers

  • Effective Team Manager,including managing regional and remote teams.

  • Detailed knowledge of revenue accounting and the controls required to ensure that all sales and cash due are being collected.

  • Passion for strong financial control

  • Team player


Cookies

This website uses cookies to ensure you get the best experience on our website. Cookie Policy

Accept