Finance Manager at Maxima Productions Company

Location: Gbagada, Lagos

Job Summary

• Originates & leads human resources practices and objectives that will provide an employee-oriented, high-performance culture that emphasizes empowerment, quality, productivity and standards, goal attainment, recruitment, and ongoing development of a superior workforce.

Functions & Responsibilities

• Initiate, facilitate budget preparation, implementation defense sessions
• To guide, collate approved unit budgets and contribute actively to the management of budget spends
• Ensure all unit heads are provided with relevant and adequate information to guide the management of their product, profitability, and costs
• Receive and process vendor invoices and ensure prompt processing for payment in line with Maxima’s financial policy.
• Substantiates financial transactions by auditing documents by the prompt presentation of source documents for auditing and management information system purposes
• Ensure accurate entries for all financial accounting operations daily, weekly, monthly or quarterly.
• Ensure effective management, maintenance, and upgrade of the general ledger as required
• Ensure accurate generation of the trial balance and other profitability reports on a regular basis for relevant personnel
• Monitor actual activity and performance levels against the approved budget and make recommendations to the unit head to ensure the budget objectives are achieved
• Track and flag all outstanding receivables/ payables in line with company policies and procedures
• Maintain relationship with the bank and carry out periodic bank reconciliations
• Review transaction entries to ensure completeness and accuracy
• Produce monthly financial reports, Trial balance for management and personnel
• Weekly preparation of cash flow document, Bank reconciliation, and statement of affairs.
• Liaise with statutory examiners during routine audits.
• Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
• Routine payment advice on Taxes, Levies, and other statutory expenses.
• Carry out a continuous financial risk assessment
• Adhere to the mission, vision, and core values of the organization
• Perform other duties as assigned by the MD.

Key Performance Indicators:

• Frequency and timeliness of management information and reports
• Degree and accuracy of financial statement prepared
• Frequency of data entered on financial system accurately
• Frequency and timeliness of bank reconciliation
• Degree of adherence to financial standards and policies
• % of unauthorized deviation from the approved budget.
• % of cost-savingfor the organization.

Requirements

• Candidates should possess a Bachelor's Degree qualification with 5 - 10 years work experience.