Finance Lead at Proten

Summary of roles:

• Financial Records and Reporting
• Business/ Investment Planning
• Preparation of Budget and Budget Control
• Financial Analysis
• Risk Management

Supervises:

• Financial and Cost Accountants, Material & Asset Officer, Finance Officer

Job Description

Accounting Functions:

• Establishing GAAP in accounting work processes, pproceduresand policies.
• Ensuring security of funds by implementing proper accounting controls.
• Preparing and ensuring accuracy of the annual statement of accounts.
• Computing of revenue, capital estimates and forecasts.
• Reviewing Group’s accounting system for efficiency and effectiveness.
• Ensuring all IT issues in the Accounts department is resolved.
• Ensuring regular reconciliation of all sister company accounts.
• Maintaining and keeping adequate records of company’s assets.
• Managing all subordinate staff to ensure maximum productivity and efficiency
• Restructuring the company’s Accounts departments and ensure ISO compliance.
• Establishing key performance Indicators for the corporate Accounting function.
• Developing internal control procedures for all parts of the business
• Preparing  statutory accounts, financial statements in accordance with accounting standards, guidelines and statues including the production of financial returns as required
• Assisting in the preparation of the annual budget along with other staff across the organization, providing reporting mechanisms to facilitate overall budget control
• Developing and maintaining all financial systems, internal controls and providing advice/training to budget holders and staff within the organization on finance related procedures, issues, budgetary control, etc.
• Assisting in preparation the annual departmental plan and review, ensuring the effective allocation of work and efficient use of resources.
• Ensuring and monitoring adequate financial statements and cash flow projections for use by Executive management.
• Overseeing the production of monthly reports including reconciliations with Funders and Pension plan requirements

Fund /Facility Management

• Package, prepare and present proposals to potential lenders, ventures capitalist, bankers and equity financiers and follow up for consummation
• Secure short-time funding that meets business requirements for operation (if need be)
• Mobilize and ensure effective management of funds to ensure returns at all times
• Overall reduction in cost of funds and costs associated with doing business
• Consistently seeking to reduce operating cost
• Managing lenders, bankers, shareholders and external auditor’s relationship.

Relationship Management

• Liaises with company (internal and external) auditors as regards annual year- end audit, stock and cash count
• Liaises with government agencies on issues relating to tax on behalf of the company
• Manage cordial relationship with Chams plc
• Be involved in Managing Local and Foreign supplier relationship to ensure optimum value

People /Team Management

• Coach and develop others in the team
• Provide platform for accountability within the team

Costing

• Effectively analyze product costing using applicable costing techniques
• Advice Management on Cost-benefit analysis of all projects
• Cost reviews-Putting in place procedures to reduce costs

Other Assignment

• Any other duties as may be assigned by Reporting Manager 

Key Performance Indicators (KPIs)

• Timely and accurate presentations financial records
• Zero error level
• Effective communication with users of services being rendered
• Accuracy and conformity with regulatory standards.
• Adequate documentation

Additional Notes

Internal:

• Managing Director/CEO
• All Heads of Department
• All Staff

External:

• Bankers
• Local and Foreign Suppliers
• Regulatory Authorities

Behavioral Qualities

• Zero Tolerance for failure
• Honesty
• An Entrepreneurial Spirit
• Excitement
• Integrity
• Innovation

Qualifications and Education Requirements

• Minimum -Degree (B.Sc) or Higher Diploma (HND) Accounting  
• Minimum of Three (3) years of cognate experience.
• Must possess relevant Professional Qualifications
• Must be able to operate relevant accounting packages: SAGE, ODOO, QBK etc 
• Audit Experience is an added advantage
• Project Management skills