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  • Posted: Nov 20, 2014
    Deadline: Dec 2, 2014
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    Because Africa’s internet penetration and growth is largely driven by mobile, our vision at Terragon Group, is 'innovation to make mobile meaningful’. We are a digital media company focused on Africa and operating from key markets - Nigeria, Ghana, Kenya, South Africa and India. Made up of three independent but complimentary business units: Terra...
    Read more about this company

     

    Head of Finance and Accounts

    Job Description
     
    Business strategy, Financial Policies and Processes
    • Develop financial framework that ensures delivery of company targets and objectives
    • Establish control policies and procedures for all areas of risk and revenue loss
    • Survey operations to ascertain accounting needs and to recommend, develop, and maintain solutions to business and financial problems
    • Preparation of monthly Operating performance record in reference to annual business plan.
    • Develop, implement, modify, and document record keeping and accounting systems, making use of up-to-date technology
    • Develop and execute analysis of various business structure and initiatives
     
    Budgeting, Management and Financial Reporting
    • Communication of annual business objectives to departmental heads for their budget input;
    • Receipt & checking of budget estimates as supplied by departmental heads for correctness & accuracy;
    • Provision of historical financial information to departmental managers to help them in their operating plan forecasting;
    • Suggestion of possible revisions when the need arises;
    • Discussion of budget difficulties with line managers;
    • Coordination of all budget activities.
    • Develop, maintain, and analyze budgets and operating performance and preparing periodic variance reports
    • Report to management regarding the finances of establishment.
    • Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses and to provide advice as occasions demand;
    • Prepare monthly closing reports providing profits and loss statements
    • Create monitoring mechanism to ensure adherence of business units to budgetary allocation.
     
    Treasury Management
    • Negotiate/arranges external finance, when necessary.
    • Ensure good working relationship with financial institutions and negotiate for finance that best suits operations
    • Responsible for the management of working capital;
    • Investment of excess funds on short-term basis;
    • Oversee cash management and provide support for collection/receivables activities.
     
    Regulatory Compliance
    • Ensure compliance to all Tax laws and see that Terragon is adequately covered with government agency risks.
    • Application of effective tax planning strategy to ensure stakeholders’ balance position.
    • Adherence to applicable accounting standards
    • Ensure compliance with the established accounting systems, procedures and standards
    • Represent the company during statutory audit
     
    People Management
    • Coaching of subordinates on the new job roles
    • Providing explanation on all financial policies to all employees when necessary
    • Recommend subordinates for appropriate trainings as occasions demand
    • Provide support to subordinates on General book keeping and compliance to accounting principles.
     
    Asset Management
    • Appraise, evaluate and record inventory items, real property and equipment, recording information such as the property’s description, value, and location.
    • Ensure security of all company fixed and non fixed assets.
     
    Knowledge ,Skills and Behaviour required to succeed in Role
     
    Educational Qualifications & Functional / Technical Skills
    • A good bachelor’s degree in Accounting or Finance
    • A professional qualification of ACA, ACCA or CFA
    • Other professional certification such as ACTI will be an added advantage
     
    Relevant Experience (Type of experience and minimum number of years
    • Minimum of 6 years in Accounts & Finance functions
    • Proficiency in accounting software such as Sage Pastel Evolution
    • Good understanding of the IT and Communication industry
    • Overall understanding of the Nigerian financial industry and regulations.
     
    Attitude and Behavioural Traits
    • Strong financial analytical skills
    • Ability to make deductions from forecast, projections and business statements
    • Good working knowledge of cost accounting principles
    • Service orientation

    Method of Application

    Interested candidates can send their CVs to careers@terragonltd.com

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