Finance Manager (Logistics/Shipping)

Job Description

On behalf of our client who is a Global Logistics Company and are recently setting up their Nigerian Branch. They currently have an opening for a Finance Manager (Logistics/Shipping) in Lagos.

Responsibilities:

Ensure safe and sound status of liquid fund, improve net working capital management, maintain proactive dialogue and follow up with accounts receivable key stakeholders.

Thorough analysis and review dig deeper in the data reported and improve the quality of the reports

Fixed Asset Register and depreciation.

Spare Parts inventory account management.

Accounts Receivable: Credit Control: Receipting.

Accounts Payable: Supplier payment in accordance with company authorization/approvals.

To oversee the operations of the Payables function to ensure vendors are paid accurately and efficiently.

To oversee the performance of receivables function to ensure customer invoices are correctly and timely issued.

Ensure that local finance and controls are complete, accurate and timely in line with global guidelines and local laws and regulations.

Drive TCO (Take Cost Out) and Revenue Improvement initiatives as per Annual Operating Plan.

Revenue and Cost accruals as per the company's GAAP and IAS.

Payroll: manage timely payment of payroll and adherence to payroll tax.

Verification of statutory deductions (PAYE/NHF/Pension).

Requirements

Education - Master's degree in Finance/ACCA/ACA preferred.

Must have at least five years (5) of progressively more responsible general accounting and finance experience preferably in the private sector, and in transportation or related industry.

Must be familiar with finance and banking concepts and the tools for analyzing financial decisions, based on modern financial theory, including such things as discounted cash flow techniques, capital budgeting and valuation; investment decisions, analysis of corporate financial policy, including capital structure, cost of capital, financial markets, and merger and acquisition activities.

Must be familiar with commercial law, credit agreements, concession and management agreements, and other related legislation, decrees, and legal opinions.

Extensive knowledge of setting of budgets, reporting, inventory control systems and accounting, knowledge of ERP systems, IFS financials software is an advantage.

Extensive knowledge of Terminals operational practices preferred.

Experience in the operation of Terminals container facilities preferred.

Analyses performance statistics and trends in order to identify areas for improvements and cost savings i.e. cost saving potentials.

Incumbent must have a very high level of analytical skills & must have complete IT skills as required in an office environment.

Must be able to evaluate solutions for both long and short-term benefit.

Exhibits sound judgment.

Measures results and takes corrective action when needed.

Exhibit effective negotiation skills.