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Finance Manager - Career - Nairaland

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Finance Manager / What Are The Different Roles Of A Finance Manager In A Company? / Finance Manager (fmcg/manufacturing) - Abuja/yola + Relocation (2) (3) (4)

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Finance Manager by Nunulyon(f): 12:09pm On May 16, 2023
JOB DESCRIPTION
Job Title: Finance Manager Location: Head Office



Salary: Open to Negotiation

Job Objectives
 To facilitate the execution of best practice financial management processes and maintain good relationships with local and international financial institutions, government agencies.
 Supports financial decision-making information by collecting, analyzing, investigating, and reporting financial data.
 Work with local clinic accountants to streamline financial reporting and abide by expected standards

Duties and Responsibilities
Financial Accounting & Treasury Management and Reporting
 Compliance with agreed timeliness for monthly, quarterly and yearly financial statements i.e. Profit & Loss account, Balance Sheet, Year-end statements, Cash flow Analysis, Contribution margin by Model.
 Provides financial advice by studying operational issues; applying financial principles and practices; developing recommendations.
 Developing and managing financial systems/policies
 Offering professional judgment on financial matters and advising on ways of improving business performance
 Interpreting and communicating financial data to non-financial managers
 Liaising with other function managers to put finances and account in context
 Monitoring and evaluating financial information systems and suggesting improvements where needed.
 Implementing corporate governance procedures, risk management and internal controls.
 Providing a support service by working with all departments and the management team to help make financial decisions
 Compliance with agreed timeliness for annual budget preparation and approval.
 Numbers of exceptions and regulatory infringement, including audit expectations and adjustment
 Responsible for Treasure activities and Bank Reconciliation
 Completeness and accuracy of the fixed assets register in a period with no significant errors including timeliness reconciliations.
 Ensure all ledgers are reconciled and updated monthly (i.e. Creditors Ledger, Debtors Ledgers, Prepayment Accounts amongst others.)
 Develop and maintain credit control Policies and Processes
 Manage Organization’s Tax matters and ensure compliance
 Monitoring payment processes (Vendors, Salaries amongst others)
 Liaise with regulatory authorities and ensure statutory compliance
 Liaise with external auditors to ensure satisfactory year-end audit
 Work with local center and clinic accountants to ensure financial reporting is done in a timely manner
 Supervision of staff in the unit


Planning & Control
 Prepare corporate Annual Budget and variance report
 Ensure budgetary Analysis and control
 Payroll

External Relationship Management
 Manage relationship with banks
 Maintain cordial relationship with vendors and Debtors, Regulatory authorities
Key Performance Indicators
1. %Strategic Risk mitigated
2. %Operating Profit Margin/Value
3. %Variance to budgeted overhead and expense budget
4. %Return on Equity and Investment
5. %Gross Profit Growth
6. Timeliness on Financial Reporting
7. Performance of external Audit
Minimum Education Qualification

• B.Sc. or HND in Accounting or related discipline;
Professional qualification (ACA, ACCA) would be an added advantage

Required Experience

Minimum of 7 years cognate experience
Min 3-4 years accounting/auditing at big 4 OR the same at a multi-national or large corporation

Required Competence

• Accounting and Finance
• Cost management
• Taxation
• Relationship with Financial Institutions
• Budgeting/Forecasting
• Company Operations
• Proficiency of ERP - Navision

To apply, please send your resume to anu.olutomi@globalprofilers.com

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