Head, Finance & Corporate Planning at Triumph Power and Gas Systems Limited

Job Description

• Triumph Power and Gas Systems Limited is an energy service company whose range of services cut across
• diverse areas of power, oil & gas and the industrial sector. Our head office is in Lagos, Nigeria and we have alliances with
• Original Equipment Manufacturers globally. We employ an innovative approach to our operations, to deliver
• value creating solutions to our customer’s business.

Job Summary

• Accountable for setting the strategy and driving the delivery of the daily operation of the finance function, including treasury, budgeting, auditing, tax, accounting, capital purchasing, risk management, long-term forecasting and insurance activities. Guiding senior executives in making sound business decisions in the long and short term.

Duties & Responsibilities

• Business partnering with relevant managers within the company in order to provide financial support and information
• Overseeing preparation of the management accounts pack, inclusive of the monthly P&L and balance sheet Proficiency in SAP Business one
• Preparation of statutory accounts
• Accountable for setting the strategy and driving the delivery of the daily operation of the finance activities, including treasury, budgeting, auditing, tax, accounting, capital purchasing, risk management, long-term forecasting and insurance activities
• Deliver recommendations relating to financial and tax considerations of investments, as well as other business transactions
• Ensure financial reports on SAPB1 up to date
• Assume super user status for SAPB1
• Oversee the company’s accounting systems and procedures, and ensure they are up-to-date and in compliance with all applicable statutory and regulatory requirements
• Provide advice and review across the function related to compliance with appropriate statutory and regulatory requirements
• Produce annual budgets by November 30th every year
• Monthly Management and performance monitoring reports
• Liase with Auditors to ensure annual audits are done in time to avoid any penalties
• Financial management, including the preparation, issue and filing of quarterly and annual audited financial statements and reports
• Manage and track the company’s funds, assets and investments, and periodically issue reports on current and projected financial conditions
• Analyse general business and financial conditions to assess their impact on the company’s policies, operations and profitability
• Identify and secure project financing, including negotiation, structuring and documenting packages and agreements
• Identify and implement interventions to minimise the company’s tax liabilities
• Leadership and mentoring of a high-performance team
• Manage cash balances and ensure cash flows are adequate to allow business unit to operate effectively
• Forecast cash payments and anticipate challenges arising from limited cash flow
• Maintain relationships with banks and negotiate interest rates on deposits, APGs and bonds for various projects within business units
• Work closely with the Managing Director to prepare budgets and track profit / loss performance of business unit on consolidated basis
• Liase with Tax authorities /consultants to achieve efficient tax structure and prompt returns to avoid penalties
• Organise annual audits
• Ensure compliance with all regulatory bodies both financial and operational
• Identify new business opportunities and report on this
• Ensure adequate funding for company operations and growth plans
• Produce monthly financial statements, cashflow statement, bank reconciliation, Performance ratios and Age analysis reports
• Ensure optimal Corporate financial structure
• Review all transactions for adequate financial return and risk mitigation.
• Ensure adequate funding for company operations and growth plans
• Complete tax filings and deal with matters relating to the FIRS and IRS of various states.
• Maintain a system of policies and procedures that impose an adequate level of control over the activities of the finance department.

Education & Experience

• First degree in Accounting or Finance or any related discipline
• Masters degree in Finance or related discipline is desirable
• Professional certification from a recognized Accounting Body (ICAN, ACCA, CIMA, CPA)
• Minimum of 5 years Accounting or Finance experience managing the financial accounts of a company
• Knowledge of projects management /costing - capital budgeting/cash flow/funds flow analysis
• Understanding of bid management, tendering and project costing principles, with analytical and interpretive abilities
• Proficient with statutory provision with respect to the tax management, pension & other relevant statutory requirement.

Knowledge:

• Accounting & Finance
• Asset Management
• Business Process Improvement
• Cashflow Management
• Financial Reporting
• Payroll Management
• Tax Management
• Budgeting
• Commercial and business awareness
• Procurement and Supply Chain Management

Skills / Physical Competencies:

• Analytical skills
• Negotiation skills
• People Management
• Good communication skills
• Management skill
• Change management
• Report writing skills
• Interpersonal skills
• Relationship Management
• Good time-management skills
• Eye for details

Behavioural Competencies:

• Integrity
• Fairness
• Consistent
• Accuracy
• Independent
• Financial Intelligence

Quality / Technical Competencies:

• Proficient with MS Office applications.
• High proficiency in MS Excel
• Computer and Information technology appreciation
• Proficiency in SAP Business one