Vacancy for Head of Financial Performance, Reporting and Funding

Vacancy exist for the role of Head of Financial Performance, Reporting and Funding

JOB PURPOSE:

To coordinate the financial activities of the Group of Companies (including planning, budgeting, forecasting and fund sourcing) ensuring the cost-effective utilization of organization’s resources so as to yield optimal returns on investments.

ORGANISATIONAL RELATIONSHIPS:

REPORTS TO: Chief Finance Officer/ Deputy Managing Director

DIRECT REPORTS: Entire Finance Department

KEY RESPONSIBILITIES:

Ø  Develops annual plans and budgets for the Finance department to support the achievement of the corporate strategy

Ø  Develops, updates, and implements financial and accounting policies, procedures, and strategies across the organization.

Ø  Advises Executive management to changes in financial regulations, legislation as well as changes in competition and market trends.

Ø  Establishes and maintains accounting practices to ensure accurate and reliable data is available for business operations and planning.

Ø  Provides financial advice on the organization’s short, medium and long term cash, funding, and risk situation to Executive management.

Ø  Coordinates the preparation of the corporate budget and supports Heads of departments in the formulation of cost management measures.

Ø  Develops and implements a robust and reliable financial reporting system for the organization.

Ø  Ensures effective management of the organization’s financial resources, and compliance with annual Budgets.

Ø  To provide effective analytical and cost accounting support for the organization’s operations.

Ø  To effectively manage all payable and receivable accounts to ensure the availability of funds to finance business operations.

Ø  To ensure the accurate recording of financial transactions, and the prompt reconciliation of all accounts.

Ø  Develops and manages relationships with relevant external bodies/ contacts e.g. regulatory organizations, Auditors, Solicitors, Banks, Investors etc.

Ø  Liaises with External and Internal Auditors for the smooth performance audit operations, and deals with any queries from the Auditors.

Ø  Advises the Board and management on liquidity, investment and financial asset management.

Ø  Manages key banking relationships to facilitate proper, timely and cost- effective funding of business operations.

Ø  Implements and ensures compliance with the accounting policies and procedures of the group in line with financial regulatory standards.

Ø  Oversees the preparation and communication of timely, accurate, and useful financial and management reports for investors, lending institutions and the Board of Directors on a periodic and /or ad-hoc basis.

Ø  Coordinates the preparation and consolidation of statutory annual accounts and ensures compliance with all accounting and reporting requirements set out in the Companies & Allied Matters Act.

Ø  Ensure that all statutory requirements for the Organization are met including charitable status, withholding payments, Income Tax etc.

Ø  Provide accurate and timely reporting on the financial activity of individual projects.

Ø  Managing the department efficiently.

Ø  Any other duties assigned by the CFO.

KEY SKILLS AND COMPETENCIES: SKILLS AND

COMPETENCIES

Ø  Good knowledge of finance and accounting systems and practices.

Ø  Proficiency in the use of relevant computer applications for financial reporting.

Ø  Budgeting, financial forecasting and cost control.

Ø   Investment planning and portfolio management.

Ø  Financial reporting and Tax planning/management

Ø  Strong project management skills.

Ø  Excellent interpersonal and negotiation skills.

Ø  Presentation and communication skills.

PERSON SPECIFICATIONS:

Ø  A Bachelor’s Degree in Finance-related discipline.

Ø  MBA with specialty in Finance would be an added advantage.

Ø  Relevant professional certifications e.g. Chartered Financial Analyst, Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA).

Ø  12-15 years post graduation experience, 5 of which must have been in a Management position interfacing with Executive Team and Financial Partners.

How to Apply:

Qualified and interested candidates should Kindly forward their CVs to strategicroles@gmail.com                        

Deadline is Wednesday, June 21st, 2017.