Finance Manager at Horatio Limited

Job Summary

• We are seeking a highly skilled and experienced Finance Manager to oversee the financial operations of Horatio Limited.
• The ideal candidate will be responsible for managing financial planning, analysis, budgeting, and reporting, ensuring accurate financial records, and facilitating effective financial reconciliation between the subsidiary and other entities within the group.
• This role requires strong leadership, communication, and analytical skills, as well as the ability to work collaboratively with multiple stakeholders.

Key Responsibilities

• Ensure accurate and timely financial records are maintained in accordance with accounting standards and company policies.
• Oversee the preparation and submission of statutory financial statements and tax filings.
• Checking, Coordinating, Recording, Computing, and reporting all procedures relating to cheque payments to all suppliers after approval by signatories.
• Reconciling all bank accounts with system generated statement using available accounting software.
• Verification and journalizing of all bank charges e.g. COT, INT, VAT, WHT.
• Payment of staff salaries, wages and claims as submitted from HR Department and approved by the managing director.
• Preparation of management financial reports and account reports required for Board of Directors meeting.
• Posting of all sales invoice individually into the system for all cost centers (i.e both Naira and Dollar Transaction)
• Monthly schedule and payment of statutory dues: PAYE, Pension, etc.
• Ensure the quantity level of purchased materials and components conform to specifications of the LPO issued and approved by Managing Director
• Manage cash flow, including forecasting and working capital management.
• Perform regular financial reconciliations between the subsidiary and other entities within the group.
• Collaborate with finance teams across other subsidiaries to resolve discrepancies and ensure financial alignment.
• Coordinate intercompany transactions, including invoicing and cost allocations
• Journalizing all expenses: ticket after reconciling with advances; Horatio debit notes, Hotel and Accommodation expenses, etc for all cost centres.
• Liaise with external auditors and ensure timely completion of audits.
• Maintain compliance with local laws, regulations, and internal financial policies.
• Ensure internal controls are in place and operating effectively.
• Lead, mentor, and develop the finance team.
• Ensure staff are equipped with the necessary skills and training to meet financial objectives.
• Computation and filling of monthly VAT returns for the company
• Foster a culture of continuous improvement and professional growth.
• Provide financial insights to the subsidiary's leadership team to support decision-making.
• Assist in the evaluation of new projects, investments, and business opportunities.
• Any assigned duty by management towards effective and lawful discharge of duties and responsibilities.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, or a related field (Master’s degree or professional certification such as ICAN/ACCA is a plus).
• Minimum of 7 years of experience in financial management, preferably in a group or multi-subsidiary structure.

Required Skills:

• Strong knowledge of accounting principles, financial analysis, and budgeting.
• Experience with financial reconciliation between subsidiaries or intercompany transactions.
• Excellent leadership and communication skills.
• Proficiency in financial management software and Microsoft Office Suite.
• Strong attention to detail and problem-solving abilities.
• Strong organizational and multitasking abilities.