Head of Financial Performance, Reporting and Funding (Deputy General Manager) at Cumbrian Consulting

Reports To: Group Chief Finance Officer/Deputy Managing Director

Direct Reports: All members of Financial Performance Reporting and Funding

Key Responsibilities:

• Develop annual plans and budgets for the Finance department to support the achievement of the corporate strategy.
• Develop, update and implement financial and accounting policies, procedures and strategies across the organization.
• Advise Executive Management on changes in financial regulations, legislation as well as changes in competition and market trends.
• Establish and maintain accounting practices to ensure accurate and reliable data is available for business operations and planning.
• Provide financial advice on the organization’s short, medium and long term cash, funding to Executive Management.
• Coordinate the preparation of the corporate budget and support Heads of departments in the formulation of cost management measures.
• Develop and implement a robust and reliable financial reporting system for the organization.
• Ensure effective management of the organization’s financial resources and compliance with annual budgets.
• Provide effective, analytical and cost accounting support for the organization’s operations.
• Effectively manage all payable and receivable accounts to ensure the availability of funds to finance business operations.
• Develop and manage relationships with relevant external bodies/contacts e.g. regulatory organizations, Auditors, Solicitors and Banks etc.
• Liaise with external and internal Auditors for the smooth performance of audit operations and deal with any queries from the Auditors.
• Advise the Board and Management on liquidity, investment and Financial Asset Management.
• Manage key banking relationships to facilitate proper, timely and cost-effective funding of business operations.
• Implement and ensure proper accounting records are kept and compliance with the accounting policies and procedures of the Group are in line with financial regulatory standards.
• Oversee the preparation and communication of timely, accurate and useful financial and management reports for investors, lending institutions and the Board of Directors on a periodic and / or ad-hoc basis.
• Coordinate the preparation and consolidation of statutory annual accounts and ensure compliance with all accounting and reporting requirements set out in the Companies & Allied Matters Act.
• Ensure that all statutory requirements for the Organization are met including withholding payments, Income Tax etc.
• Provide accurate and timely reporting on the financial status of individual projects.
• Manage the department efficiently.
• Any other duties as assigned by the CFO

Professional Specification:

• A Bachelor’s Degree in Accounting and/or Finance-related discipline.
• MBA with specialty in Finance would be an added advantage.
• Relevant professional certifications e.g. Chartered Financial Analyst, Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA).
• 12-15 years post-graduation experience, 5 years of which must have been in a Management position interfacing with Executive Team and Financial Partners.

Required Skills and Competencies:

• Good knowledge of finance and accounting systems and practices.
• Proficiency in the uses of relevant computer applications for financial reporting.
• Budgeting, financial forecasting and cost control.
• Investment planning and portfolio management.
• Financial and performance reporting and Tax planning/management.
• Strong Project Management skills.
• Excellent interpersonal and negotiation skills.
• Presentation and communication skills.