Company Info
Proten – Our client is a leading Smartcard personalization and solutions company that provides comprehensive end to end Identity management
Title: Finance Lead
Location: Lawrence Omole Cl, Victoria Island 106104, Lagos, Nigeria
- Full-time
Job Description
Budget: 300k – 350k
Summary of roles:
- Financial Records and Reporting
- Business/ Investment Planning
- Preparation of Budget and Budget Control
- Financial Analysis
- Risk Management
Supervises:
Financial and Cost Accountants, Material & Asset Officer, Finance Officer
Job Description
Accounting Functions:
- Establishing GAAP in accounting work processes, pproceduresand policies.
- Ensuring security of funds by implementing proper accounting controls.
- Preparing and ensuring accuracy of the annual statement of accounts.
- Computing of revenue, capital estimates and forecasts.
- Reviewing Group’s accounting system for efficiency and effectiveness.
- Ensuring all IT issues in the Accounts department is resolved.
- Ensuring regular reconciliation of all sister company accounts.
- Maintaining and keeping adequate records of company’s assets.
- Managing all subordinate staff to ensure maximum productivity and efficiency
- Restructuring the company’s Accounts departments and ensure ISO compliance.
- Establishing key performance Indicators for the corporate Accounting function.
- Developing internal control procedures for all parts of the business
- Preparing statutory accounts, financial statements in accordance with accounting standards, guidelines and statues including the production of financial returns as required
- Assisting in the preparation of the annual budget along with other staff across the organization, providing reporting mechanisms to facilitate overall budget control
- Developing and maintaining all financial systems, internal controls and providing advice/training to budget holders and staff within the organization on finance related procedures, issues, budgetary control, etc.
- Assisting in preparation the annual departmental plan and review, ensuring the effective allocation of work and efficient use of resources.
- Ensuring and monitoring adequate financial statements and cash flow projections for use by Executive management.
- Overseeing the production of monthly reports including reconciliations with Funders and Pension plan requirements
Fund /Facility Management
- Package, prepare and present proposals to potential lenders, ventures capitalist, bankers and equity financiers and follow up for consummation
- Secure short-time funding that meets business requirements for operation (if need be)
- Mobilize and ensure effective management of funds to ensure returns at all times
- Overall reduction in cost of funds and costs associated with doing business
- Consistently seeking to reduce operating cost
- Managing lenders, bankers, shareholders and external auditor’s relationship.
Relationship Management
- Liaises with company (internal and external) auditors as regards annual year- end audit, stock and cash count
- Liaises with government agencies on issues relating to tax on behalf of the company
- Manage cordial relationship with Chams plc
- Be involved in Managing Local and Foreign supplier relationship to ensure optimum value
People /Team Management
- Coach and develop others in the team
- Provide platform for accountability within the team
Costing
- Effectively analyze product costing using applicable costing techniques
- Advice Management on Cost-benefit analysis of all projects
- Cost reviews-Putting in place procedures to reduce costs
Other Assignment
- Any other duties as may be assigned by Reporting Manager
Key Performance Indicators (KPIs)
- Timely and accurate presentations financial records
- Zero error level
- Effective communication with users of services being rendered
- Accuracy and conformity with regulatory standards.
- Adequate documentation
Additional Notes
Interfaces
Internal:
- Managing Director/CEO
- All Heads of Department
- All Staff
External:
- Bankers
- Local and Foreign Suppliers
- Regulatory Authorities
Behavioral Qualities
- Zero Tolerance for failure
- Honesty
- An Entrepreneurial Spirit
- Excitement
- Integrity
- Innovation
Qualifications and Education Requirements
- Minimum -Degree (B.Sc) or Higher Diploma (HND) Accounting
- Minimum of Three (3) years of cognate experience.
- Must possess relevant Professional Qualifications
- Must be able to operate relevant accounting packages: SAGE, ODOO, QBK etc
- Audit Experience is an added advantage
- Project Management skills
Deadline: Not Stated
How to Apply: Candidates should Click Here to apply online.