Finance Manager at Lotus Capital Limited

Key Functions and Responsibilities
Team Lead:

• Provide leadership and ensure efficient and effective management of staff and resources in the Financial Control Unit;
• Act as the main point of contact with the company’s auditors and tax consultants;

Financial Strategy, Reporting, and Control:

• Adequate and timely financial, Treasury, MPR, Investment Committee, and Management and Board reports;
• Using Power Business Intelligence technology, prepare and present financial and statistical reports for Management use;
• Ensure adequate financial control and compliance with all applicable laws, rules, regulations, and standards;
• Establish a financial strategy to support the implementation of the company’s objectives;

Filing of returns:

• Prompt and accurate filing of weekly, monthly, and quarterly returns to SEC, NSE, trustees, and NFIU;

Treasury Management:

• Ensure that all company funds are efficiently invested;

Fund Accounting Operations:

• Ensure all fund accounting operations are properly managed and the reports are accurate and timely submitted to all the stakeholders

Budget:

• Prepare annual and other supplementary budgets;
• Generate input for the annual financial plan and budget of the company;

Cost Control:

• Supervise expenditure and cost control;

Others:

• Analyze and interpret financial data and recommend changes to improve systems and financial performance;
• Work with CFO to generate income to accomplish the company’s short-term long-term vision
• Optimisation of Power Business Intelligence tools.

Key Performance Goals

• Error-free reports;
• Management accounts due two days after month end;
• Treasury reports every Monday;
• Investment Committee Report ready by close of business on Friday;
• Bi-annual client reports ready within two weeks of the period end;
• Zero penalties from regulators;
• Enforce Service Level Agreements;
• Audited accounts for the company and funds ready within 30 days of year-end;
• All reports are to be filed as and when due;
• Automation of processes.

Qualifications

• Candidates should possess an HND / B.Sc. Degree with relevant work experience.

Competencies and Skills:

• Good written and oral communication skills
• Good leadership and problem-solving skills
• Analytical, reasoning, and negotiation skills
• Proactive
• Enthusiasm, energy, and commitment
• High standards of ethics and integrity;
• Tenacity and empathy;
• Excellent customer relationship etiquette;
• Excellent time management skills.
• Result-driven with the ability to make things happen.

Job Dimensions:

• Financial Reporting
• Statutory returns
• Budget control
• Regulatory compliance
• Corporate governance
• Strategy development and execution.

Key Interfaces:

• CFO
• Management Team
• Auditors
• Tax Consultants
• Regulatory Authorities - FIRS, LIRS, SEC, PENCOM, NSE, FRCN
• Financial institutions.