Finance Manager at Impact Pointe Consultancy Limited

Reports To: Chief Corporate Officer (CCO)

Location of Job/UNIT: Abuja

Main Function

The Finance Manager will be responsible for supervising, planning, and coordinating the activities of a variety of finance and accounting services for the organisation. This includes general accounting/bookkeeping, accounts receivable, accounts payable, payroll, fixed assets management and budgeting.

ROLE RESPONSIBILITIES

Provide overall strategic and tactical leadership

• Flexible and is willing to perform varying duties depending on the shifting needs of the IPCL and its staff members
• Preparation of timely and accurate financial statements and annual reports
• Maintenance and documentation of accounting procedures & policies
• Preparation /managing annual budgets and forecasts
• Ensuring compliance with statutory law and tax regulations
• Review all financial plans and budgets regularly to look for cost reduction opportunities
• Establish and implement financial reporting systems to comply with government and accounting regulations and legislation
• Measuring company performance against external and internal benchmarks
• Ensure that all financial transactions are properly recorded, filed, and reported
• Create monthly and annual reports to identify results, trends, and financial forecasts
• Cash flow management
• Debt management and collection
• Developing financial reviews and providing investment advice
• Maintaining relationships with internal /external auditors and banks
• Oversee Financial Systems and external providers of systems management and system upgrades
• Identifying areas to improve business efficiencies and reduce costs
• Team Management including mentoring and staff development
• Working closely with Executive Leadership team to deliver reports, analysis findings, potential risk areas and forecast opportunities
• Verifying balances in account books and rectifying discrepancies
•  Managing day-to-day transactions
• Carry out bank reconciliations on regularly basis
• Recording office expenditures and ensuring these expenses are within the set budget

Project Accounting Function

• Create project accounts in the accounting system
• Maintain project-related records, including contracts and change orders
• Authorize access to project accounts
• Authorize the transfer of expenses into and out of project- related accounts
• Review and approve supplier invoices related to a project
• Review and approve timesheets for work related to a project
• Review and approve overhead charges to be applied to a project
• Review account totals related to project assets and expenses
• Investigate project variances and submit variance reports to management
• Confer with receivables staff regarding unpaid contract billings
• Report on project profitability to management
• Report to management on any opportunities for additional billings
• Report to management regarding the remaining funding available for projects
• Create or approve all project-related billings to customers
• Investigate all project expenses not billed to customers
• Respond to requests for more detail from customers
• Approve the write-off of any project-related billings that cannot be billed to or collected from customers
• Close out project accounts upon project completion
• Create and submit government reports and tax returns related to projects

 Compile information for internal and external auditors, as required

Documenting and Reporting

• Monthly, quarterly, semi-annual, annual and other program and financial reports prepared and in placed and documented in time aligning with project design and donor requirement
• Develop reports as and when required
• Maintain database management in Horizon for Project as per requirement
• Qualitative reporting and implementations models ensured
• Capture evidence of good practices on a regular basis

Behavioural Qualities/ Other Competences

• Efficiency in communicating complex information to Management
• Experience working with diverse cultures and demographics
• Ability to work with a team and under the initiative drawn by self
• Strong management skills (Managing, motivating and developing staff)
• Must be flexible and culturally sensitive.
• Ready to be present in project location and physically monitor implementation

Experience/Qualifications

• Degree in Accounting, Economics, Management or related discipline, plus a recognized professional accounting qualification (i.e., ACA, ACCA or Equivalent)
• Minimum of 5 years post-graduation experience out of which a minimum of 3 years should have been in a Finance function
• Experience managing client relationships to grow revenue and customers environment within accounts
• Any experience with the project management marketplace is Essential advantageous
• Budgeting / Financial Analysis & Interpretation
• Financial Accounting / Management & Corporate Finance

ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED