Company Info
The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services - Nigeria’s Leading Financial Intermediary
The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services – Nigeria’s Leading Financial Intermediary and Equipment Leasing Company, Concept Nova – Bespoke Enterprise IT Solutions Company,Percy Aitkins – Bureau De Change.
Job Title: Management Accountant
Location: Nigeria
Employment Type: Full-time
Job Summary
- The Management Accountant is responsible for providing accurate and timely financial information to support strategic decision-making. This role focuses on budgeting, forecasting, cost analysis, performance evaluation, and driving financial efficiency to enhance profitability and operational effectiveness.
- The Management Accountant drives strategic financial initiatives within a Rosabon financial services Limited, contributing directly to the organization’s growth and profitability.
Duties and Responsibilities
Budgeting and Forecasting:
- Lead the development and management of Rosabon’s annual budget, collaborating with department Heads to ensure alignment with strategic goals.
- Prepare precise financial forecasts using historical data and market trends to inform decision-making.
- Monitor and analyze budget performance periodically, highlighting variances and providing actionable recommendations.
- Assist in setting financial goals and resource allocation for key projects.
- Coordinate with departments to ensure adherence to budgets and maintain alignment with financial framework.
- Regularly review and adjust forecasts to reflect changes in business conditions or external factors.
- Present budget and forecast reports to Head, Accounts and Finance providing insights for informed decision-making.
Cost Analysis and Control:
- Conduct detailed cost analysis to identify inefficiencies and areas for potential savings.
- Develop and enforce cost control procedures to minimize unnecessary expenditures and optimize operational costs.
- Analyze profitability of Rosabon’s financial products to support pricing strategies and improve financial outcomes.
- Prepare cost-benefit analyses to evaluate the financial viability of new investment opportunities or initiatives.
- Work with the internal operations team to assess vendors’ contracts and improve cost-effectiveness.
- Establish and monitor key performance indicators (KPIs) related to cost management and financial performance.
- Provide regular updates on cost trends and their financial impact, offering recommendations for optimization.
Performance Reporting:
- Prepare monthly management accounts, highlighting financial performance and key variances to inform decision-making.
- Create financial dashboards and visualizations to present complex data clearly to Rosabon’ senior management team and relevant stakeholders.
- Assess the financial impact of business decisions, providing actionable insights for strategic planning.
- Monitor and report on revenue-generating activities to track performance and suggest improvements.
- Collaborate with the internal operations teams to identify areas for operational efficiency and optimization.
- Support strategic planning efforts by providing relevant financial data and performance insights.
Financial Systems and Process Improvement:
- Ensure efficient operation of financial systems, identifying opportunities to optimize.
- Assist in the implementation of new software, ensuring accuracy and improving reporting capabilities.
- Regularly review and update accounting processes to ensure compliance with reporting standards and regulatory requirements.
- Provide training and guidance to team members.
- Collaborate with the IT team to resolve financial system issues and ensure smooth operations.
- Assist to develop a a comprehensive documentation for financial processes to ensure consistency and clarity.
- Assess financial control systems’ performance regularly and recommend improvements or upgrades as needed.
Risk Management and Compliance:
- Identify potential financial risks, recommending strategies to mitigate them and safeguard Rosabon’s financial assets.
- Ensure compliance with internal financial policies, regulatory requirements, and industry standards.
- Participate in internal audits and collaborate with auditors to implement recommendations for process improvements.
- Maintain detailed documentation for audit and compliance purposes, ensuring transparency.
- Stay informed about changes in regulations and update financial processes to maintain compliance.
- Work closely with external auditors during periodic reviews and audits to ensure accurate reporting and transparency.
- Build and implement knowledge sharing sessions / succession plans to ensure leadership continuity within the team.
Qualification and Requirements
- Bachelor’s Degree in Accounting, Finance, or related field; Master’s degree is a plus.
- Professional certifications such as ACA, ACCA, or CIMA are required.
- Minimum of 5 years of experience in management accounting or financial planning, preferably in the financial services industry.
- Strong analytical, problem-solving, and decision-making skills with keen attention to detail.
- Proficiency in ERP systems and financial reporting software.
- Excellent communication, collaboration, and interpersonal skills.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Salary
- N550,000 – N600,000 / Month (Gross)
Application Closing Date
Not Specified.
How to Apply: Interested and qualified candidates should send their Applications to: [email protected] using the Job Title as the subject of the email.
