Finance/ Account Manager at Uni-Medical Healthcare Ltd Nigeria

Job ID: RFLU18012020 

Function: Accounting

ACCOUNT/FINANCE MANAGER JOB DESCRIPTION

Department Objectives To ensure the completeness of the finance and accounting records of the company. Coordination of all accounting activities and preparation of financial statement and other reports for the company.

Job Purpose: To supervise and ensure full compliance with company policies for all financial and fiscal management aspects of company operations. Provide strategic leadership and coordination in the business planning, accounting and budgeting efforts of the company.

Responsible for: is responsible for financial planning, preparing and reviewing budget, budgetary control, revenue, expense, payroll entries, invoices, and other accounting record keeping.

Key Accountability: A continuous management of financial systems and budgets.

Key Activities:

• Undertaking financial audits (an independent check of an organisation's financial position).
• Analyse moderate to complex financial information, including trends and forecasts
• Handle strategic planning process and define strategies/plans for finance and accounting functions;
• Manage finance processes, develop and implement a modern cost effective accounting system that will meet the challenges and objectives of the company
• Produce daily, weekly, monthly and quarterly management reports to the company's Executive Management (or as may be required);
• Prepare cash flow statements, income and expenditure accounts, tax returns and balance sheet;
• Liaise effectively with the internal and external auditors to ensure that an efficient and effective audit process is carried out and on time;
• Set standards for accounting and financial reporting systems;
• Ensure the financial policies, procedures and controls of the organization are implemented efficiently and in line with generally accepted accounting practices (locally and globally);
• Oversee budget preparation, approval and execution processes;
• Improve the systems surrounding all aspects of the organization's budgets, forecasts and financial planning;
• Analyse budget variances and consolidate the financial statement
• Ensure that all receivables are collected in a timely manner i.e 30 days credit line
• Develop and manage long and short-term cash forecasts, utilizing historical trends, seasonal influences and future projections.
• Determine cash requirements and maintain appropriate cash flows with banking institutions to ensure adequate liquidity to meet all obligations and optimisation of cash.
• Develop and implement cash management systems for all operations, including policies and procedures
• Oversee daily cash management process: setting cash position, wire transfer operations, and deposit and disbursement accounts Performance Indicators:
• Timely delivery of daily weekly and monthly reports on exact dates advised by management.
• Budgetary savings of between 10 – 20% per annum.
• Meeting of departments targets as set.
• Increased sales revenue at low operating cost.
• Coordinate and monitor regular and accurate stock taking exercise.
• Ensure budgetary controls and cost savings.
• Compliance and adherence with company’s financial controls.

Person Specification:

Qualifications:

• A minimum of a first degree B. Sc.
• Associate member of Institute of chartered Accountant of Nigeria at a minimum.
• Computer expertise in MS Word, MS Excel and PowerPoint
• Famililization with accounting software..
• Technical/Professional Experience:
• 10 years Financial and administrative experience with at least 3 years at manager level
• Good knowledge of Financial Accounting.
• People management skill and experience.
• Excellent planning and organising skills
• Excellent customer relation skills
• Excellent oral and written communication skills
• Good knowledge of Accounting process Generic Competencies o Integrity o Business understanding o Interpersonal skill o Customer orientation o People development/ management o Strategic focus o Decision making.

Reports to: General manager Dotted to the Managing director

Direct Reports: a. Accountant. b. Accounts/Finance Supervisor c. Accounts Officers d. Accounts Clerks