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  • Posted: May 22, 2015
    Deadline: Not specified
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  • Jagal Group is a leading Nigerian conglomerate with operations in the Oil&Gas, Construction and Manufacturing industries. The company has been growing successfully over the past 40 years, and has become a valuable and respected contributor to the development of the country's economy. Jagal’s business units are lead by industry professionals and ...
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    Finance Manager

    Purpose
    • To support the Financial Controller (Management Accounts) in the leadership of the Finance Department
    • To lead the Payroll and Timekeeping Departments

    Key Aims
    • Ensure that payrolls are prepared and paid in a timely and accurate manner
    • Ensure that financial reporting is provided in a timely and accurate manner
    • Provide financial analysis to meet internal and external requirements
    • Lead, develop and motivate a professional team in the Finance Department in order to provide high-quality service to both internal and external users
    • Ensure compliance with financial regulatory requirements

    Key Responsibilities
    Support:
    Provide support to the Financial Controller including but not limited to the following functions:
    • Monthly Management Accounts:
    Produce monthly management accounts within 7 working days of the month end including variance analysis, KPI analysis and recommendations to improve financial performance;
    Ensure the accuracy and integrity of the monthly management accounts;
    Review key assumptions for reasonableness; analyse and quantify key risks and judgements used in the financial figures reported.
    • Vendors:
    Oversee the management of vendor invoice processing to ensure vendor liabilities are captured in a timely and accurate manner and to enable timely payment by the Treasury Department.
    • Client invoicing:
    Oversee the management of client invoicing to ensure that it is carried out in a timely and accurate manner and that all amounts chargeable are fully captured;
    Provide support to other departments to maximise amounts invoiced to clients and to efficiently collect payments.
    • Financial Information and Support:
    Provide financial information to support commercial activities within the business and other departments as required.
    • Annual external accounts audit.

    Payroll and Timekeeping:
    • Manage the preparation of payrolls to ensure that they are prepared and paid in a timely and accurate manner;
    • Manage the payment of tax, pension and other deductions and statutory payments to ensure they are paid in a timely and accurate manner within statutory deadlines;
    • Manage the deduction and calculation of taxes, pension contributions and other statutory deductions and payments to ensure that they comply with contractual and statutory regulations;
    • Manage the timekeeping function to ensure timely and accurate recording of labour hours worked;
    • Manage the processing of payroll transactions within the ERP system including labour and man-hour allocations;
    • Provide support to the HR Department for the communication of financially-related payroll issues to staff;
    • Provide payroll information to other departments as required (within confidentiality limits defined by management);
    • Manage payroll tax, pension and other payroll-related audits;
    • Maintain the confidentiality and integrity of the payroll function.

    ERP System and Financial Procedures and Controls:
    • Actively participate in the development and improvement of the ERP system;
    • Actively participate in the development of financial reporting in the ERP system to meet company requirements;
    • Support the Financial Controller to develop financial procedures and monitor compliance;
    • Support the Financial Controller to develop and monitor financial controls to prevent and detect fraud and error both within and outside of the ERP system.

    Finance staff:
    Work with the Financial Controller to:
    • Ensure that staff are properly trained and supervised to meet the requirements of their positions;
    • Assess performance on a regular basis to identify deficiencies, improve performance and develop staff;
    • Lead, motivate and provide direction to staff.

    HSE:
    • Pro-actively support a strong safety culture within the company.

    Key Interfaces
    • Treasury personnel, Finance Projects and Planning personnel, Commercial personnel, Supply Chain personnel, Vendors, Statutory bodies, External auditors

    Reports to:
    • Financial Controller
    • Qualified accountant
    • Wide experience of working with ERP/Accounting software
    • Excellent computer skills, including Microsoft Office applications
    • Strong communication, interpersonal and leadership skills
    • Experience of leading a finance team
    • Ability to process complex financial data and communicate in a clear, concise manner
    Lagos - Lagos, LA NG (Primary)

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    Method of Application

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