Financial Manager at Owens and Xley

Location:  Lekki , Lagos.
Salary: N200,000 with other benefits.
We are currently looking to hire an experienced and qualified Financial Manager for our organization.
In this role, you will:

• Develop and implement an annual budget for business operations
• Oversee and supervise the financial and management accounting functions 
• Develop and implement financial forecasting plans.
• Work with the Business Director to manage effective relations with regulators and auditors.
• Ensure monthly reconciliation of accounts payables and receivables.
• Prepare frequent data driven financial reports that champions a better grasp of the company’s financial status, both current and future.
• Assist the Business Director with costing and pricing of apparels.
• Liaise with the inventory officer on stock level and ensure procurements of required stock before stock out.
• Carry out periodic inventory reconciliations.
• Ensure prompt payment of all bank transactions.
• Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Develop performance measures that support the company's strategic direction
• Ensure optimum financing structure (debt and equity)
• Compile withholding tax and value added tax, PAYEE, and other statutory payments.
• Calculate net salaries, deductions, withholdings and deliver payment.
• Provide advisory to management on how to cut costs, improve revenue and boost profits.
• Keep informed about current legislation relating to finance and accounting.
• Perform other related tasks as assigned. 

Qualifications

• Minimum of 5 years’ experience as an Accountant
• Bachelor’s degree in Accounting , Finance, Economics or any other business-related field
• Professional accounting qualification e.g. ICAN, ACCA (Student Membership minimum)

Requirements:

• Knowledge of accounting principles, practice and procedures
• Possess strong budget and management skills, including proven ability to manage project/ process 
• Strong Analytical and problem-solving skills 
• Good knowledge of statutory and regulatory issues as well as global best practices 
• Advanced Microsoft Excel (data manipulation, advanced formulas, pivot tables, vlookups, sumif etc.).
• Proficient with other Microsoft Office applications (Outlook, PowerPoint, Word)