Finance Manager at The Oleaster

Job Summary

• We are seeking a dedicated and experienced Finance Manager to join our team.
• The ideal candidate will support the CFO in managing the finance and accounting functions of a growing group of companies operating primarily in the healthcare and wellbeing sector.
• The role involves overseeing day-to-day financial management, supervising the Assistant Finance Manager (AFM) and accounting officers, coordinating group reporting, and ensuring timely preparation of management accounts.
• The ideal candidate will have strong experience in service-line accounting, transfer pricing, intercompany transactions, and multi-entity consolidation, with a hands-on approach to financial analysis, compliance, and reporting.

Job Description
Financial Management & Reporting:

• Oversee daily financial operations across multiple business entities within the group.
• Supervise the AFM and accounting team in maintaining accurate financial records and ledgers.
• Prepare and review monthly and quarterly management accounts, ensuring accuracy and timeliness.
• Support the CFO in preparing consolidated group financial statements and board-level reports.
• Implement and maintain accounting policies, procedures, and internal controls.
• Coordinate monthly and annual financial closings, reconciliations, and variance analysis.

Service Line & Cost Accounting:

• Develop and manage service-line accounting frameworks to accurately track revenue and costs across various wellness and healthcare programs.
• Partner with clinical and operational teams to analyse margins, profitability, and cost efficiency per service line.
• Provide insights and recommendations to management for financial performance improvement.

Transfer Pricing & Intercompany Transactions:

• Manage intercompany accounts, ensuring accurate posting, reconciliation, and settlement.
• Oversee transfer pricing documentation and compliance with local and international regulations.
• Coordinate with external auditors and tax advisors to ensure appropriate transfer pricing policies are implemented.

Budgeting, Forecasting & Analysis:

• Lead the preparation of annual budgets, forecasts, and cash flow projections for the group.
• Monitor performance against budgets and provide variance explanations and corrective recommendations.
• Conduct periodic financial analysis to support strategic decision-making by the CFO and executive management.

Compliance & Audit:

• Ensure compliance with all tax, statutory, and regulatory requirements in Nigeria.
• Support internal and external audits, ensuring timely provision of schedules and documentation.
• Maintain relationships with auditors, tax authorities, and financial institutions.

Leadership & Team Development:

• Supervise and mentor the AFM, Senior and junior accountants, promoting continuous learning and accountability.
• Champion a culture of accuracy, transparency, and integrity across the finance department.
• Support digital transformation and automation of financial reporting systems within the group.

Essential Job Requirements

• Bachelor’s degree in Accounting, Finance, or related discipline (Master’s degree is an advantage).
• Professional certification: ICAN, ACCA, or equivalent (required).
• Minimum of 7 - 10 years of experience in financial management, preferably within healthcare, service, or group structures.
• Proven experience with intercompany accounting, consolidation, and transfer pricing.
• Strong understanding of IFRS, Nigerian tax regulations, and corporate financial reporting.
• Advanced proficiency in Excel, accounting software: QuickBooks (required)
• Excellent analytical, communication, and leadership skills.

Personal Attributes:

• High ethical standards and professional integrity.
• Detail-oriented with strong organisational skills.
• Ability to work effectively across multiple entities and dynamic environments.
• Proactive problem-solver and strong communicator.
• Committed to excellence, confidentiality, and continuous improvement.

Salary
N800,000 monthly (gross).