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The role incumbent will be responsible for providing strategic leadership on the overall financial administration of the organisation’s resources to increase revenue whilst complying with relevant regulatory authorities.
Roles & Responsibilities
Engage executive management and the appropriate board committee to develop short, medium, and long-term financial plans and projections.
Establish individual and department goals and define performance evaluation metrics against those goals.
Develop, interpret and implement accounting policy and procedures to ensure corporate and relevant regulatory reporting requirements are met.
Establish the appropriate internal control environment across the organisation’s operations to safeguard the assets of the organisation and meet government or contractor requirements.
Develop and utilise financial models and activity-based financial analysis to provide a basis for investment decisions and business planning.
Develop and maintain a system of appropriate financial policies, procedures and controls to ensure efficient financial management.
Direct and control the efforts of the finance team to ensure timely and accurate General Ledger, department financial statements, and management reports.
Review and recommend changes to the general ledger portion of the chart of accounts to assure proper classification of accounts.
Review and recommend changes to management reports generated by the general ledger and other accounting systems.
Review periodic financial reports submitted by team and present report to management.
Lead the preparation of the organisation’s financial reports and statutory reporting process.
Oversee the preparation of regular financial accounts and management accounts.
Oversee third-party payments to ensure that such payments are in accordance with service level agreements.
Liaise with Tax Authorities, Auditors and other Regulatory bodies as regards preparation and filing of the Audited Financials and other Tax related matters.
Ensure prompt remittance and various statutory deduction i.e VAT, PAYE, CIT, Pension Fund etc.
Oversee the preparation and communication of timely, accurate, and useful financial and management reports for investors/lending institutions and management on a periodic and /or ad-hoc basis.
Liaise with statutory auditors to discuss and resolve queries as they arise to ensure seamless audit exercise.
Manage organisation’s treasury assets to achieve optimal sourcing, application and growth of funds.
Requirements
Minimum of Bachelor’s Degree in Accounting, Finance, Economics or any related discipline
Relevant professional certifications e.g. Chartered Financial Analyst (CFA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent
Minimum of 8 years’ relevant experience; with at least 2 years at a managerial level
Experience of statutory financial reporting requirements and knowledge of GAAP, IFRS.
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