Finance Manager Logistics Company

Our client is a leading player in the automobile sales industry providing accessible and affordable vehicles and maintenance services tailored to meet specific requirements.

Job Summary: Our client is seeking to hire an experienced and ambitious Finance Manager who will be responsible for performing effective risk management and the organization s financial strategy. He/she must be wellversed in all aspects of financial management ranging from simple accounting to broad investment and banking operations. The goal is to protect the company s revenues and profits to achieve full financial control and sustainable growth.

Job Responsibilities:

Financial Reporting & Analysis:

Prepare and maintain regular financial planning reports; Monthly profit and loss forecast by division (vs. budget); and Weekly cash flow forecast.

Preparation of monthend quarterend and yearend financial statements.

Review all monthend closing activities including general ledger maintenance balance sheet reconciliation and corporate/overhead cost allocation.

Enhance and implement financial and accounting systems processes tools and control systems.

Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.

Oversee payment approvals and authorizations.

Ensure checks and balances in payroll activities before salaries are processed and disbursed.

Maintains financial security by following internal controls.

Preparation of Monthly Performance Report

Finance Accounts and Treasury Operations Operating Plan:

Resource allocation and responsibilities

Bookkeeping & Accounts

Financial control and management reporting

Revenue Assurance

Treasury Operations and Asset & Liability Management Framework

Operational software requirements

Budgeting process

Fixed assets

Audit and tax planning.

Statutory Returns and Remittances

Regulatory returns/filings:

Preparation and Statutory Filing to all Regulators CAC FIRS LIRS

Supervision of Payroll payment process PAYE Pensions

Financial Planning and Analysis:

Summarizes current financial status by collecting information and preparing balance sheets profit and loss statements and other reports.

Develop and execute analysis of various business initiatives (e.g. expansion asset acquisition).

Develop and maintain capital and expenditure budgets.

Assist in the development of financial planning and analysis exercises/reports.

Reconciles financial discrepancies by collecting and analyzing account information.

Finance:

Ensure that all Transactions are settled as at when due.

Oversee cash flow planning and ensure availability of funds as needed.

Oversee cash investment and asset management.

Oversee financing strategies and activities as well as banking relationships.

Budgeting:

Updated budget for management approval

Divisional run rates

Approve budgets and manage spending relative to those budgets.

Cash Management:

Oversee weekly cash management and approve weekly payables.

Execute cheque signing & Online payment approvals.

Check Petty Cash and Impress disbursement and ensure necessary approvals and authorizations are obtained before cash is disbursed.

Carry out other assignments as may be required from time to time.

Other responsibilities include:

Perform risk management by analyzing the organization s liabilities and investments

Decide on investment strategies by considering cash and liquidity risks

Control and evaluate the organization s liquidity plans and capital structure

Ensure cash flow is appropriate for the organization s operations

Supervise all finance personnel (account managers treasurers etc.)

Manage vendor relationships

Prepare reliable current and forecasting reports

Set up and oversee the company s finance IT system

Ensure compliance with the law and company s policies

Requirements

Educational Qualification:

First degree in Accounting Finance Economics or related fields from a reputable university/polytechnic.

Additional qualifications and professional certification will be an added advantage including ICAN Certification or any other recognized accounting certification.

Experience:

5 years overall combined accounting and finance experience.

Skills and Abilities:

Good working knowledge and understanding of accounting principles; practices accounts payable and receivable management financial management and financial reporting.

Proven working experience in a senior finance position.

Experience in preparing accurate and thorough Financial Reports and related schedules in line with established deadlines.

Experience with general ledger functions and the monthend/yearend close process.

Effective oral and written communication interpersonal and planning skills.

Proficiency in the use of computer applications and Microsoft Office Word Excel Outlook PowerPoint and Financial Applications.

Good organizational skills and ability to manage documentation and make past and future documentation accessible.

Strong management skills with a demonstrated ability to take initiative.

Benefits

Compensation Base pay ranges BTW N350k N500k 0ther interesting benefits