Finance Manager at JNC International Limited

Reports to:         Chief Finance Officer

Responsibilities/ Job Description:

Management

Maintain a documented system of accounting policies and procedures

Manage outsourced functions - Build models for financial feasibilities and profitability of financial schemes involving JNC and Project Partner

Manage JNC’s Investment Portfolio including the investments in PPP, maintain all relevant schedules and prepare monthly reports on them.

Coordinate the activities of the various PPP’s from the perspective of records of all expenses and entries into their ledgers, reconciliations of the ledgers, filing hard copies of source documents in an organized and complete manner.

Funds Management

• Ensuring adequate funding for the business through adequate working capital to meet financial obligations
• Managing the lenders and identifying future funding with ability to execute fast growth (organic and inorganic)
• Forecast cash flow positions, related borrowing needs, and available funds for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Maintain banking relationships
• Assist in determining the company's proper capital structure
• Arrange for equity and debt financing
• Invest funds
• Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

Budgeting

• Manage the preparation of the company's annual budget with 2-year horizon
• Report to the Executive Committee on variances from the established budget, and the reasons for those variances
• Assist management in the formulation of its overall strategic direction
• Financial modelling in line with competitive realities of the business

Financial Analysis

• Engage in ongoing cost reduction analyses in all areas of the company
• Review the performance of competitors and report on key issues to management
• Engage in benchmarking studies to establish areas of potential operational improvement
• Provide support to the CFO on the compilation of key business metrics and report on them to the Executive Committee.
• Identifying financial risks and long-term effect through financial scenario analysis
• Quarterly forecasting with communication with CFO
• Provide valuable analysis and insightful review of financial results and value drivers

Finance Processes:

• Develop and administer policies and practices aimed at ensuring optimal utilization of the company’s resources
• Ensure service delivery as per SLA to business units
• Continued cost improvements
• Internal customer satisfaction
• Risk management and internal control

Additional Accountabilities:

• Provide support to the CFO in the aspect of extending credit to customers
• Perform any other duties or assignments as may be requested by the CFO

Qualification and Competencies:

• A Bachelors’ degree in a finance/accounting related course (minimum of 6 years post-NYSC experience in a relatively medium to large sized organisation).
• Corporate Finance and Treasury management skills
• A professional qualification, e.g. ACA/ACCA/CFA/CIMA
• Must possess Financial Modeling Skills.
• Very confident user of Sage Evolution or similar ERP
• Must possess a strong and demonstrable knowledge of Microsoft office suite, especially MS Excel   & PowerPoint.
• Ability to engage Top Management in Business Reviews, plan for the short- & long-term future of the business
• Must have good presentation and communication skills
• Strong Numerical & Analytical Skills
• Confident leader and team player
• Demonstrable ability to handle multiple tasks simultaneously
• Knowledge and experience of IFRS & the Nigerian tax regulations