Head of Financial Performance, Reporting and Funding at CMB Building Maintenance and Investment Company Limited

Details:

KEY RESPONSIBILITIES:

• Develops annual plans and budgets for the Finance department to support the achievement of the corporate strategy
• Develops, updates, and implements financial and accounting policies, procedures, and strategies across the organization.
• Advises Executive management to changes in financial regulations, legislation as well as changes in competition and market trends.
• Establishes and maintains accounting practices to ensure accurate and reliable data is available for business operations and planning.
• Provides financial advice on the organization’s short, medium and long term cash, funding, and risk situation to Executive management.
• Coordinates the preparation of the corporate budget and supports Heads of departments in the formulation of cost management measures.
• Develops and implements a robust and reliable financial reporting system for the organization.
• Ensures effective management of the organization’s financial resources, and compliance with annual Budgets.
• To provide effective analytical and cost accounting support for the organization’s operations.
• To effectively manage all payable and receivable accounts to ensure the availability of funds to finance business operations.
• To ensure the accurate recording of financial transactions, and the prompt reconciliation of all accounts.
• Develops and manages relationships with relevant external bodies/ contacts e.g. regulatory organizations, Auditors, Solicitors, Banks, Investors etc.
• Liaises with External and Internal Auditors for the smooth performance audit operations, and deals with any queries from the Auditors.
• Advises the Board and management on liquidity, investment and financial asset management.
• Manages key banking relationships to facilitate proper, timely and cost- effective funding of business operations.
• Implements and ensures compliance with the accounting policies and procedures of the group in line with financial regulatory standards.
• Oversees the preparation and communication of timely, accurate, and useful financial and management reports for investors, lending institutions and the Board of Directors on a periodic and /or ad-hoc basis.
• Coordinates the preparation and consolidation of statutory annual accounts and ensures compliance with all accounting and reporting requirements set out in the Companies & Allied Matters Act.
• Ensure that all statutory requirements for the Organization are met including charitable status, withholding payments, Income Tax etc.
• Provide accurate and timely reporting on the financial activity of individual projects.
• Managing the department efficiently.
• Any other duties assigned by the CFO.

Successful candidate will also demonstrate:NDCOMPETENCIES

COMPETENCIES

• Good knowledge of finance and accounting systems and practices.
• Proficiency in the use of relevant computer applications for financial reporting.
• Budgeting, financial forecasting and cost control.
•  Investment planning and portfolio management.
• Financial reporting and Tax planning/management
• Strong project management skills
• Excellent interpersonal and negotiation skills.
• Presentation and communication skills.

PERSON SPECIFICATIONS:

• A Bachelor’s Degree in Finance-related discipline.
• MBA with specialty in Finance would be an added advantage.
• Relevant professional certifications e.g. Chartered Financial Analyst, Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA).
• 12-15 years post graduation experience, 5 of which must have been in a Management position interfacing with Executive Team and Financial Partners.