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  • Finance Manager at Amazon Energy Limited

  • Posted on: 15 November, 2019 Deadline: Not Specified
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  • Amazon Energy Limited is a leader in the provision of innovative Integrated Energy Services, primarily to the Power and Oil & Gas sectors. We also have strategic interests in downstream trading and shipping.

    Finance Manager

     

    Job Objective(s)

    • Manage and oversee the finance functions of the organization.
    • Maximize bottom line opportunities for organizational businesses
    • Ensure development, implementation and continuous review of financial policies and procedures to ensure existence of internal controls.
    • Provide maximum leadership support in treasury management, planning and reporting
    • Managing and investing large monetary funds on behalf of the organization.
    • Enable the company’s leaders to make sound business decisions and meet the company’s objectives.
    • Steer the financial direction of the business, and undertakes all strategic financial planning and reporting to stakeholders.
    • Analyze every day liquidity activities and subsequently provide advice and guidance to upper management on future financial plans
    • Develops/coordinates the liquidity cycle of all entities of the company
    • Understand and manage all aspects of cash flow, prepare forecasted weekly/monthly cash requirements and execute management financing decisions
    • Coordinate the preparation of bank reconciliation statements to ensure all items are captured correctly and display understanding of the Company’s bank reconciliation process based on the accounting package
    • Remain current regarding all accounting developments relevant to the Company's financial reporting and managing the implementation of any new pronouncements.
    • Provide any other support and analysis as may be required by the CFO.
    • Forecast upcoming working capital needs of the company.
    • Build process domain expertise across global function(s) work with key stakeholders to deliver business goals and objectives in Amazon Energy Group.

    Responsibilities

    • Ensure that the subsidiary companies’ Finance/Accounts and treasury functions are consistent with Internationally Accepted Accounting Practices and with the Group Accounting Policy
    • Provide everyday cash position, estimate and analysis.
    • Elicit and analyze proposals for banking and financing services
    • Provide everyday cash position, estimate and analysis.
    • Ensure timely completion and submission of periodic and annual financials
    • Ensure that the unit’s Treasury functions are carried out in line with the company’s Policy - proper investment of surplus funds
    • Manage an appropriate finance control framework and ensure consistent application across the organization
    • Manage collection, handling & payout of cash.
    • Monitor bank transactions & bank relationship management.
    • Develop strategies to optimize the company’s cash position
    • Provide financial advice on the company’s short, medium and long term cash/ funding/ risk situation to the Chief Operating Officer and Management
    • Implement Management financial policies in line with approved financial procedures and generally accepted Financial/Accounting practices and statutory requirements
    • Facilitate annual budgeting and forecasting for the company, across all subsidiaries
    • Review all cash flow statement to ensure accuracy and consistency
    • Liaise with financial planning & reporting manager
    • Supervise record keeping, daily reconciliation & booking all cash and bank transactions into accounting software.
    • Manage bank and creditor relationship
    • Manage fund raising, liquidity assurance, investments appraisal and capital allocation
    • Assist in the preparation of monthly management accounts
    • Prepares the monthly, quarterly and yearly financial reports and ensure the accuracy and efficiency of IFRS reporting
    • Support in the preparation of balance sheet reconciliation and provide monthly reconciliation on selected accounts.
    • Manage all company loans and borrowings.
    • Develop, monitor and upgrade Treasury department budget.
    • Prepare analysis of Company’s liquidity position and advise the Financial Accountant on the usage of Free Cash at her disposal.

    Qualifications
    Education:

    • Must possess at least a Bachelor's Degree in Accounting, Finance, Economics or any related discipline.
    • Master's Degree and Professional Certification (ICAN, ACCA, etc.) would be an added advantage.

    Experience:

    • Must have a minimum of 10 years post-graduation experience with at least 3 years in a senior finance/treasury position in a reputable company preferably in an Oil/Gas company
    • Banking experience is an added advantage.

    Method of Application

    Use the link(s) below to apply on company website.

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