Finance Manager at Amazon Energy Limited

Job Details

Job Title: Finance Manager

Location: Lagos

Job Objective(s)

Manage and oversee the finance functions of the organization.

Maximize bottom line opportunities for organizational businesses

Ensure development, implementation and continuous review of financial policies and procedures to ensure existence of internal controls.

Provide maximum leadership support in treasury management, planning and reporting

Managing and investing large monetary funds on behalf of the organization.

Enable the company's leaders to make sound business decisions and meet the company's objectives.

Steer the financial direction of the business, and undertakes all strategic financial planning and reporting to stakeholders.

Analyze every day liquidity activities and subsequently provide advice and guidance to upper management on future financial plans

Develops/coordinates the liquidity cycle of all entities of the company

Understand and manage all aspects of cash flow, prepare forecasted weekly/monthly cash requirements and execute management financing decisions

Coordinate the preparation of bank reconciliation statements to ensure all items are captured correctly and display understanding of the Company's bank reconciliation process based on the accounting package

Remain current regarding all accounting developments relevant to the Company's financial reporting and managing the implementation of any new pronouncements.

Provide any other support and analysis as may be required by the CFO.

Forecast upcoming working capital needs of the company.

Build process domain expertise across global function(s) work with key stakeholders to deliver business goals and objectives in Amazon Energy Group.

Responsibilities

Ensure that the subsidiary companies' Finance/Accounts and treasury functions are consistent with Internationally Accepted Accounting Practices and with the Group Accounting Policy

Provide everyday cash position, estimate and analysis.

Elicit and analyze proposals for banking and financing services

Provide everyday cash position, estimate and analysis.

Ensure timely completion and submission of periodic and annual financials

Ensure that the unit's Treasury functions are carried out in line with the company's Policy - proper investment of surplus funds

Manage an appropriate finance control framework and ensure consistent application across the organization

Manage collection, handling & payout of cash.

Monitor bank transactions & bank relationship management.

Develop strategies to optimize the company's cash position

Provide financial advice on the company's short, medium and long term cash/ funding/ risk situation to the Chief Operating Officer and Management

Implement Management financial policies in line with approved financial procedures and generally accepted Financial/Accounting practices and statutory requirements

Facilitate annual budgeting and forecasting for the company, across all subsidiaries

Review all cash flow statement to ensure accuracy and consistency

Liaise with financial planning & reporting manager

Supervise record keeping, daily reconciliation & booking all cash and bank transactions into accounting software.

Manage bank and creditor relationship

Manage fund raising, liquidity assurance, investments appraisal and capital allocation

Assist in the preparation of monthly management accounts

Prepares the monthly, quarterly and yearly financial reports and ensure the accuracy and efficiency of IFRS reporting

Support in the preparation of balance sheet reconciliation and provide monthly reconciliation on selected accounts.

Manage all company loans and borrowings.

Develop, monitor and upgrade Treasury department budget.

Prepare analysis of Company's liquidity position and advise the Financial Accountant on the usage of Free Cash at her disposal.

Qualifications

Education:

Must possess at least a Bachelor's Degree in Accounting, Finance, Economics or any related discipline.

Master's Degree and Professional Certification (ICAN, ACCA, etc.) would be an added advantage.

Experience:

Must have a minimum of 10 years post-graduation experience with at least 3 years in a senior finance/treasury position in a reputable company preferably in an Oil/Gas company

Banking experience is an added advantage.