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Company Info

Large organization

200 + Employees

Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.

Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients’ circumstances.

Title: Finance Manager

Location: Lagos

Employment Type: Full Time

Job Description

  • This role implements accounting processes, systems and controls for a product and is responsible for product profitability analysis.
  • The incumbent is individually accountable for achieving results through own efforts

Descriptor:

  • Accountable for the execution of business plan, and for governance and compliance at an operational level.
  • Generates financial information.
  • Analyses and reports on variances.
  • Maintains suitable financial control environment.

Key Result Areas
Financial Reporting:

  • Manages reporting requirements for the business unit.
  • Drives & collates monthly submission consisting of report and commentary by agreed deadline.
  • Prepares monthly financial reports for management, including a high-level variance report by agreed deadline.
  • Produces ongoing and ad-hoc reporting based on requirements.
  • Manages the budget centre reporting and produces a detailed variance report

Accounting Records:

  • Ensures that all financial accounting transactions the team is responsible for, are accurately reflected in the business unit ledger.
  • Manages the review and reconciliation of the Fixed Asset Register to the general ledger.

Personal Effectiveness:

  • Accountable for service delivery through own efforts.
  • Individually accountable for managing own time, tasks and output quality over periods of 1 day to a maximum of three months.
  • Makes increased contributions by broadening individual skills.
  • Collaborates effectively with others to achieve personal results.
  • Accepts and lives the company values.

Governance & Compliance:

  • Accountable for governance and compliance at an operational level.
  • Provides advice on accounting policy and practice to senior and middle management.
  • Ensures the effectiveness and appropriateness of the accounting processes utilised to fulfil the needs of the business.

Financial Control:

  • Creates a healthy internal control environment to ensure safeguarding of assets & integrity of financial information.
  • Monitors & reports on status of all control accounts in the business unit.
  • Effects ongoing changes to internal controls as necessitated by changes in business and corporate governance.

Qualifications and Experience

  • A First Degree or its equivalent
  • ICAN or ACCA qualification
  • Excellent communication skills (verbal and written)
  • Interpersonal and time management skills
  • Good knowledge of MS packages (Especially MS Word, MS Excel and Outlook)
  • Experience of 5+ years’ in financial reporting within the insurance sector required.

Deadline: 7th June, 2024.

How to Apply: Interested and qualified candidates should Click Here to apply online

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