Finance Manager at Crown Agents

Sector: Finance
Job Type: Full Time / Part Time

Function of Department

• The Finance function’s role is to provide a complete accounting and financial management service to enable Crown Agents Nigeria to meet statutory requirements and exercise effective financial control over the Crown Agents business.

Main Job Purpose

• Reporting to the Country Director, the role is responsible for the overall finances of Crown Agents Nigeria.
• The role will provide a complete financial and management accounting service to enable the CA Nigeria to meet the external statutory financial and tax requirements while adhering to Crown Agents internal accounting policies and procedures.
• The role will also include line management of the Finance and Admin Officer.

Main Responsibilities
Financial Accounting:

• Ensure comprehensive financial accounts are maintained for CA Nigeria in order to comply with local regulations & corporate governance.
• Record all financial transactions by entering them into the accounting system (including but not limited to sales invoices, purchase invoices, supplier payments).
• Review the monthly P&L and balance sheet of the CA Nigeria, ensuring that the balance sheet is reconciled on a monthly basis.

Management Accounting:

• Manage and review monthly management accounts providing detailed commentary for actual versus budget analysis.
• Assist management with the preparation and review of required budgets and forecasts, including the annual corporate CA Nigeria budget.
• Preparation of meaningful statistics, KPIs and variance analysis.
• Posting of required month end journals such as accruals and prepayments.

Project Accounting:

• Manage the project accounting for any locally delivered contracts.
• Work with project managers to ensure project expenditure incurred in line with budget whilst adhering to all client and internal CA controls
• Support in the preparation and submission of client reports as and when required.

Treasury:

• Forecast cash flow positions, related funding needs from UK HQ, and available funds for HQ cash-pooling. 
• Ensure that sufficient funds are available to meet ongoing operational and project delivery requirements.

Payroll:

• Undertake the preparation of the monthly payroll ensuring all necessary payment adjustments and deductions are efficiently and accurately reflected.
• Ensure compliance with internal CA payroll policies as well as local statutory payroll and tax requirements.

Control Function:

• Ensure that adequate financial and internal audit controls are in place, are aligned with group polices and are monitored on a regular basis.
• Substantiate financial transactions by reviewing and verifying supporting documentation.

Taxation / Company Secretarial:

• Ensure that local taxation requirements for the CA Nigeria are adhered to including meeting Revenue Authority deadlines (corporation tax, sales tax, withholding tax, payroll etc).

Fixed Assets:

• Manage the fixed asset process, ensuring assets are correctly capitalised, depreciated and disposed in line with internal controls and processes.

Line Management:

• Line manage and successfully develop the Finance and Admin Officer.
• Ensure the outputs of the Finance and Admin Officer are in line with expectations and allow for achievement of CA Nigeria’s finance requirements.

Qualifications

• Minimum of a Degree in Accounting, Finance or a related field from a recognised institution plus a professional qualification such as ACA, ACCA, CIMA or equivalent locally recognised qualification.

Experience:

• Minimum of 5 years professional experience in finance
• Proven track record in financial accounts and management reporting
• Ability to handle multiple tasks simultaneously, set priorities and work independently
• Experience of working in an international organisation.
• Knowledge of local tax legislation is required.
• Experience with Sun Accounting System (desirable not essential).