Finance Manager at CIG Motor Ltd

About the Role

• The Finance Manager is responsible for overseeing the financial health and strategic financial management of LAGRIDE. The role focuses on financial planning, budgeting, reporting, cost control, regulatory compliance, cash flow management, and financial risk oversight. The Finance Manager plays a critical role in supporting executive decision-making, ensuring operational efficiency, and driving profitability across fleet and corporate operations.

Key Responsibilities

• Develop and manage annual budgets, forecasts, and financial plans aligned with business objectives.
• Prepare and present monthly, quarterly, and annual financial reports to management.
• Monitor daily rental revenue, driver payments, and fleet financial performance.
• Conduct variance analysis and provide strategic insights to improve profitability.
• Manage cash flow planning, treasury operations, and banking relationships.
• Ensure compliance with Nigerian tax laws and statutory obligations (VAT, PAYE, WHT, etc.).
• Coordinate internal and external audits and liaise with tax consultants and regulators.
• Oversee accounts payable, receivable, reconciliations, and financial controls.
• Implement and strengthen internal control systems to prevent fraud and financial leakages.
• Monitor operational costs and recommend cost optimization strategies.
• Support fleet expansion planning, capital investments, and funding strategies.
• Supervise and mentor finance team members to ensure timely and accurate reporting.
• Develop and update financial policies and procedures in line with best practices.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• Professional certification (ICAN, ACCA, or equivalent) is required.
• 5–8 years of progressive finance experience, with at least 2 years in a managerial or supervisory role.
• Strong knowledge of financial reporting standards and Nigerian tax regulations.
• Experience in mobility, logistics, leasing, or service-based industries is an advantage.
• Proficiency in Microsoft Excel, accounting software, and financial reporting tools.
• Strong leadership and stakeholder management skills.