Finance Manager - Nigeria

Job Description

The main purpose is to ensure the effectivemanagement of all the financial aspects of the Company

Duties & Responsibilities

Strategic:

• Good relationship building Banks, legal consultants, tax consultants, auditors and head office (HQ)
• Working towards and fulfilling of executive level goals and objectives as set out in the Mission and Vision, in linewith the identity, principles and culture
• Financial planning and control in place to reach set targets
• Budget and forecast planning
• Implement and maintain efficiency monitoring systems for Company

Business critical:

• Proactively manage staff, review performance and contribute to continuous learning and development
• Mobilize all financial systems and resources to work in harmony, efficiently and effectively
• Review, amend and improve all standard operating procedures for relevance and compliance
• Draw up the budget plan, review all items for accuracy and relevance
• Also reporting on the budget and keep up to date, monitoring that the budget is adhered to at all times

Financial reporting:

• Arrange all audits for Company and associated companies, done efficiently and diligently
• Review monthly management account packs for the Company that are reviewed in the management meeting by executive level. Make recommendations and implement systems to maximize alignment with goals and objectives
• Report on the budget of the Company both in sales and expenses

Financial controls:

• Review, amend and implement adequate policies and procedures to mitigate risks, prevent fraud and ensure compliance with legislative requirements
• Minimize crisis management scenarios
• All amounts to balance and be accounted for
• Source and application of funds

Cash Flow Management:

• Monitor, plan and control daily cash flow resources to meet obligations
• Invest cash resources for tax planning and year end salaries and bonuses
• Perform statistical and/or actuarial analysis by applying appropriate protocols in analyzing data
• Cash flow forecasting

Financial Accounting:

• Oversee all areas of processing up to trial balance
• Review and reconcile general ledger accounts, including main control accounts; Creditors, Debtors, Stock and Cash
• Review of monthly management accounts
• Debtors (including collections)
• Supplier payments take full responsibility and accountability of payment process, accuracy a must (Creation of POs on accounting system, liaising with SA for payments and addressing queries)
• Accounting monthly suppliers on accrual basis (ensure all monthly invoices are received and recorded in the applicable month)
• Knowledge of Statutory requirements, including due dated, submissions and payments
• Experience in dealing with external auditors
• Experience in debtor hand overs (legal)
• Review of monthly cash book transactions
• Review monthly bank account reconciliations
• Allocations and payments to debtors/creditors ledgers
• Phoning debtors for late payments, sending out letters or letters of demand
• Adhoc duties assigned by management and HQ

Desired Experience & Qualification

• BCompt (Accounting Sciences)
• Registered Business Accountant in Practice (SAIBA BAP)
• Registered Tax Practitioner (SARS & SAIT)
• Finance and accounting, economics, business laws or human resources
• Min of 10 years of experience in accounting, management and auditing.
• A solid understanding of the law, modern business technologies and HR management is crucial
• Well written and spoken acumen in English