Finance Manager at RusselSmith Group

Job Reference Code: 16062
Location: Nigeria
Job Type: Contract

Summary of Functions

• Responsible for improving and maintaining the financial standing of the company
• Assist to determine financial strategy and policy, arranging the appropriate funding and managing financial risks in the organization
• Ensure the company has the cash and liquidity to meet its obligations, be involved in securing credit from banks and other sources, tax and compliance matters
• Be an official point of contact for all financial matters and one of the authorized signatories on some financial documents.

Finance Strategy: Delivery and Implementation:

• To pro-actively manage the finance and accounting services for the company.
• To ensure that the finance standards meet all corporate standards and that the finance team is able to deliver value for money support, timely management information and support the key performance indicators for RusselSmith. Preparing for Internal audit and ensuring consistent finance standards
• Securing consistent and timely management information including bank reconciliations
• Cash flow management and the supervision/management of petty cash across offices
• Monthly, Quarterly and Annual financial forecasting
• Development of all relevant financial plans
• Effective supervision of subordinates on a day-to-day basis including guidance of and delegation of work; ensuring all daily, weekly and monthly tasks and deadlines are met.
• Supervising Bank reconciliations, revenue reconciliations, standing balances completed by agreed deadlines.
• Month end and year end management of financial analysis. Presentation of a full and correct set of reports by agreed deadlines including accruals management.
• Ownership and troubleshooting of all financial systems in RusselSmith including Accounting software/ ERP.
• Ensures essential finance accounting and reporting requirements are met.
• Troubleshooting all tax and insurance related matters
• Liaising with other departments and business units on a range of financial issues
• Providing advice on financial matters impacting on the company as a whole
• Preparing financial reports and submissions to relevant government entities
• Monitoring banking money and cheques received and issuing receipts as requested or needed
• Overseeing the payment of invoices and fees as required or otherwise instructed
• Responsible for all taxes obligations according to corporate standards- Tax filings and related matters, management of withholding tax
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities
• Assures compliance with federal, state, local and corporate policies, regulations and laws.
• Determines proper handling of financial transactions and approves transactions within designated limits.
• Responsible for distributing financial statements and cost center reports.
• Prepares financial statements and other reports to summarize and interpret current and projected company financial position.
• Analyze transactional processes and identify areas where additional accuracies and efficiencies can be achieved.
• Closely maintains and monitors the fixed assets system. Maintain system of accounts and keep records on all company transactions and assets.
• Adheres to internal and external deadlines.
• Applies cost accounting methods to achieve accurate representation of cost center performance.
• Report, analyze, and ensure integrity of all financial information.
• Responsible for all taxes obligations according to corporate standards- Tax filings and related matters, management of withholding tax
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities
• Assures compliance with federal, state, local and corporate policies, regulations and laws.
• Determines proper handling of financial transactions and approves transactions within designated limits.
• Responsible for distributing financial statements and cost center reports.
• Prepares financial statements and other reports to summarize and interpret current and projected company financial position.
• Responsible for all taxes obligations according to corporate standards- Tax filings and related matters, management of withholding tax
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities
• Assures compliance with federal, state, local and corporate policies, regulations and laws.
• Determines proper handling of financial transactions and approves transactions within designated limits.
• Responsible for distributing financial statements and cost center reports.
• Prepares financial statements and other reports to summarize and interpret current and projected company financial position.

Educational Qualifications

• Relevant University Degree (Accounting or Finance preferred). Master's Degree in Business Management is an added advantage

Experience Required:

• 5-10 years

Skills/Qualifications Required:

• Professional certification- ACCA, CFA, ACA etc is desirable
• Experience in working within fast-paced, complex, dynamic, multi-cultural business environment.
• Advanced and strategic thinking skills
• Strong initiative & leadership skills
• Strong quantitative skills such as statistics and data analysis
• Good reasoning and relational skills
• Ability to work with spreadsheets and other quantitative modeling
• Ability to adapt quickly
• Strong analytical and quantitative skills
• Ability to discuss & present complex strategic topics at a senior management level
• Good project management and organizational skills
• Ability to handle multi-tasking environment, meet deadlines, and work with a wide range of sensitive and confidential issues
• Knowledge of relevant accounting and financial tools.
• Delegation—the individual delegates work assignments, gives authority to work independently, and sets expectations and monitors delegated activities.
• Management skills—the individual includes staff in planning, decision-making, facilitating and process improvement; makes self available to staff; provides regular performance feedback; develops subordinates’ skills and encourages growth.

Physical Demands

• Regular use of the telephone and e-mail for communication is essential. Sitting for extended periods is common
• Hearing and vision within normal ranges is helpful for normal conversations, to receive ordinary information and to prepare or inspect documents.

Work Environment

• The job is performed indoors in a traditional office setting. Activities include extended periods of sitting and extensive work at a computer monitor.