Finance Manager

JobMag Limited
Lagos, Nigeria
16 Sep 2023
16 Oct 2023
Job role
Finance manager
Experience level
Job Description
Duties and Responsibilities:


  • Overseeing financial activities relating to the Head Quarters, Regional Offices and Factory.
  • Managing Finance personnel and outsourced functions related to financial activities.
  • Develop, implement, and maintain a documented system of accounting, internal control activities and general operational set of policies and procedures.
  • Preparing and presenting financial data and reporting to internal and external stakeholders.
  • Oversee operations of the finance department, set goals and objectives and manage finance team across different business units.
  • Ensure compliance with statutory laws and regulatory bodies.

Funds Management:

  • Forecast cash flow positions and/or finance needs and propose cash management options to CEO and Board of Directors.
  • Ensure sufficient availability of funds to meet ongoing operational and capital investment requirements.
  • Maintain and expand banking relationships to offer the best services to suit the company's financial needs.
  • Manage trade finance requirements/instruments to fulfil business needs.
  • Monitor and manage receivables and credit limits.
  • Support the CEO on fundraising activities.


  • Work with the CEO and management team during the quarterly budget cycle to develop the company's financial targets for the year and prepare a budget presentation for management approval.
  • Assist management in the formulation of its overall strategic direction.
  • Prepare quarterly management reports showing variances across the different financial and KPIs of the budget and demonstrate understanding of the reasons for such variances.

Financial Analysis

  • Engage in continuous pricing analysis to support different departments in strategic and purchasing decisions.
  • Develop and review key financial and operational ratios to ensure profitable running of the business.
  • Engage in ongoing cost reduction analysis in all areas of the company.
  • Interpret the company's financial results to management and recommend improvement activities.
  • Any other ad hoc financial activities.


Educational Qualifications and Experience:

  • B.Sc. in Accounting or any relevant field with a minimum of 10 years' work experience in Finance, with demonstrated experience in financial analysis, treasury, team management and budgeting.
  • Relevant professional qualifications (ACA, ACCA, CFA, etc)
  • Must have worked in a similar capacity in Manufacturing, FMCG, Commercial/Retail, Agriculture, Logistics, or Hospitality.
  • In depth knowledge of corporate financial law and risk management practices.
  • Practical knowledge of financial analysis.
  • Proficient in the use of Microsoft Office and Financial Management Software.
  • Exceptional communication, Interpersonal and Leadership skills.
  • Excellent Business analysis, Project Management and Financial Management skills.
  • Great Problem solver and critical thinker.