Head of Finance Operations at CIG Motor Ltd

Position Overview

• The Head of Finance Operation will oversee the financial operations of CIG Motors Company Limited, ensuring the accuracy and efficiency of financial processes.
• This role involves managing day-to-day financial activities, implementing financial policies, and ensuring compliance with regulatory standards.
• The Head of Finance Operation will work closely with other departments to support financial planning, reporting, and decision-making.

Key Responsibilities
Financial Management:

• Oversee daily financial operations, including accounts payable, accounts receivable, payroll, and general ledger functions.
• Ensure timely and accurate processing of financial transactions and reconciliations.
• Manage cash flow and ensure adequate liquidity for operational needs.

Financial Reporting:

• Prepare monthly, quarterly, and annual financial statements in compliance with IFRS.
• Conduct financial analysis and provide reports to senior management.
• Ensure the accuracy and integrity of financial data and reporting.

Budgeting and Forecasting:

• Assist in the preparation of annual budgets and periodic forecasts.
• Monitor financial performance against budgets and provide variance analysis.
• Support strategic planning and decision-making with financial insights.

Compliance and Internal Controls:

• Ensure compliance with financial regulations, company policies, and accounting standards.
• Develop and implement internal controls to safeguard company assets and ensure financial accuracy.
• Liaise with auditors and regulatory bodies during audits and inspections.

Process Improvement:

• Identify opportunities for process improvements and implement best practices in financial operations.
• Automate and streamline financial processes to enhance efficiency and accuracy.
• Collaborate with IT to maintain and upgrade financial systems and tools.

Team Leadership:

• Lead, mentor, and develop the finance operations team.
• Foster a culture of continuous improvement and high performance.
• Ensure effective communication and collaboration within the finance team and with other departments.

Qualifications and Experience

• Bachelor’s Degrees in Accounting or Finance, or a related field.
• Professional accounting qualification (e.g., ACA, ACCA, CPA).
• Minimum of 7 years of experience in finance operations or a related role.
• Strong knowledge of IFRS and Nigerian financial regulations.
• Proficiency in accounting software and ERP systems (e.g., Sage 300, SAP).
• Advanced Excel skills and ability to analyze complex financial data.
• Excellent communication and presentation skills.
• Strong leadership and team management abilities.
• High attention to detail and accuracy.
• Ability to work under pressure and meet tight deadlines.

Key Competencies:

• Financial acumen
• Leadership and team management
• Strategic thinking
• Attention to detail
• Problem-solving skills
• Strong communication skills
• Ethical and integrity-driven
• Adaptability and flexibility.

Benefits

• Competitive salary and benefits package.
• Opportunity to work in a fast-paced and dynamic environment.
• Chance to contribute to the success of a leading company in the Nigerian automotive industry.