Finance Manager
- Recruiter
- JobMag Limited
- Location
- Lagos, Nigeria
- Salary
- N800,000
- Posted
- 16 Sep 2023
- Closes
- 16 Oct 2023
- Ref
- 357126000065312007
- Job role
- Finance manager
- Sector
- Digital
- Experience level
- Manager
Job Description
Duties and Responsibilities:
Management:
Funds Management:
Budgeting:
Financial Analysis
Requirements
Educational Qualifications and Experience:
Duties and Responsibilities:
Management:
- 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.
Budgeting:
- 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.
Requirements
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.