Ref: MIM Reporting To: CEO in country Number of people reporting to this position: 13 Liaison with: Management team, International Team, vendors, regulatory authorities and Clients Promotional opportunities: Regional Chief Finance Officer Start Date: ASAP Role Overview
Responsible for the effective and efficient operation of the financial function of the organisation in compliance with legislation, company and Group policies & procedures
A key contact for the company by internal stakeholders, bankers, customers and external suppliers.
Duties & Responsibilities
Responsible for overseeing and managing all fiscal responsibilities and reporting.
Participate in company strategy formulation and the setting of the strategic direction of the organisational unit
Take ownership of strategic execution within the area of responsibility.
Contribute to the building of a financially sound business through financial advisory
Analyse and evaluate monthly accounts to review actual performance against budget to identify trends and highlight variances providing accurate and meaningful commentary and management information to the International Head of Finance and the CEO.
Ensure the integrity and accuracy of the financial records of the company through the implementation and regular monitoring of internal controls which conforms to Group standards
Preparation and submission of accurate monthly and required ad-hoc financial reports in conformity with set timelines.
Preparation of monthly statement of financial position analysis, asset valuation review processes and reconciliation of inter-company balances with the Group.
Preparation and timeous submission of the company’s annual budget for approval, conforming to defined budget guideline, principles and timetables.
Control of expenditure within approved levels by ensuring compliance with budgetary control procedures.
Effective supervision of the credit control and revenue collection teams to meet agreed standards.
Preparation of a 12 month-forward cash flow projections each month and effective management of the company’s cash flow.
Preparation and timeous submission of accurate up to date forecasts on a monthly basis, facilitating implementation by management of proactive measures to forestall negative outcomes.
Effective management of litigation and other claims
Review, analysis and payment of salaries, bonuses and various incentive payment to employees
Ensure legal compliance with regards to legal fiscal and tax requirements
Ensure annual budget processes are co-ordinated effectively and followed
Effective management of the finance team on a day to day basis and in terms of: Performance assessment; skills development; career path planning
Responsible for the effective preparation and coordination of external and internal audits exercises and ensuring timely completion of these processes in line with Group requirements.
Responsible for ensuring the prompt and accurate submission of the company’s tax returns and other statutory submissions.
Timely conclusion of the company’s statutory annual financial statements.
Maintain an accurate up-to-date list of clients indebted to the organisation
Co-ordination of the collection of outstanding receivables, customer credit control and implementation of group rules on the billing system.
Automation of key finance processes that reduce turnaround time and ensures accuracy
Ensuring adherence to external auditors’ requirements.
Effective management of procurement function in order to ensure company receives value for money
Coordinate the preparation and updating of the enterprise risk matrix and implementation of appropriate risk mitigations
Education & Experience Required
A University Degree in Accounting
Must be a Chartered Accountant either locally or internationally (ACA/ACCA)
Must have a minimum of 15 years relevant work experience of which Min 5 years must have been on Managerial level
Work experience in one of the big 4 either locally or internationally is a plus
Working knowledge of a CRM and ERP systems is a plus especially Oracle.
Strong knowledge of IFRS and relevant accounting principles is a must
Previous experience with the implementation of financial systems and controls is required.
Must be proficient in the use of excel and power-point
Strong financial modelling, budgeting and forecasting
Notable P & L and balance sheet analysis skill
Excellent People Management skills
Excellent communication and presentation skill
Strong negotiation and analytical skill
An ethical, amiable, outspokenly positive minded individual with a strong command of English.
Strong attention to details and ability to think strategically is required in the desired individual
Salary
20 Million to 25 Million Naira (Neg.)
Apply via :
e.com
