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
Gmail
Yahoomail