Finance Manager
Legrande Engineering Services
lagos, NG
1d ago
source : Mrjobsnaija

Legrande Engineering Services's job vacancy, Career and Recruitment

Job title : Finance Manager jobs in Lagos Job Location : Lagos Deadline : May 31, 2022

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  • Job Description

  • Assist in formulating the company's future direction and supporting tactical initiatives
  • Monitor and direct the implementation of strategic business plans
  • Develop financial and tax strategies
  • Manage the capital request and budgeting processes
  • Develop performance measures that support the group's strategic direction
  • Oversee the financial operations of subsidiary companies.
  • Oversee the company's transaction processing systems
  • Implement operational best practices
  • Prepare and package request for debt funding and restructuring
  • Ensures the group is in compliance with all statutory and reporting requirements (payment and filing of VAT returns, PAYE remittance and pension remittance)
  • Ensures the group internal accounting policies and procedures are adhered to and remain relevant to the needs of the SBUs
  • Manages the fund disbursement process, cash balances and cash flow position
  • Follow up with the clients on weekly basis to ensure timely payments of expected payment
  • Oversee process of payments of supplier invoices upon approval of payment by the approving authority after daily presentation of cash position or on designated payment days
  • Reconciliation of account payables and payments on weekly basis at any point in time to prevent overpayment
  • Monitor accounts to ensure payments are up to date
  • Oversee payment processing of payroll and bank instructions
  • Maintain fixed assets register
  • Monthly reconciliation of bank statements with cash books
  • Prepare monthly cash budget / position to show bank balances, expected inflows, expected outflows and projected closing cash balance
  • Produce previous month cash budget variance report upon presentation of the new month cash budget / position
  • Participates in business strategic planning process and defines strategies / plans for finance and accounting.
  • Manages finance processes, develops and implements a modern cost effective accounting system that will meet the challenges and objectives of the company while integrating the business value chain.
  • Produces daily, weekly, monthly and quarterly management reports to the Executive Management (as may be required).
  • Preparation of cash flow statements, income and expenditure accounts, tax returns and balance sheet.
  • Liaise effectively with the internal and external auditors to ensure that an efficient and effective audit process is carried out.
  • Ensures the financial policies, procedures and controls of Companies are implemented efficiently and in line with generally accepted accounting practices (locally and globally).
  • Improve the systems surrounding all aspects of the company's budgets, forecasts and business planning.
  • Analyses budget variances and consolidate the financial statement for further analysis by executive management.
  • Develops and manages long and short-term cash forecasts, utilizing historical trends, seasonal influences and future projections.
  • Determines cash requirements and maintains appropriate cash flows with banking and investment institutions to ensure adequate liquidity to meet all obligations, covenant compliance and optimization of cash.

  • Analyses moderate to complex financial information, including trends and forecasts.
  • Other duties as assigned by the MD / CEO and COO.
  • Requirements

  • Interested candidates should possess a Bachelor's Degree with 5 - 10 years work experience.
  • Accounting / Financial Services jobs in Nigeria *Accounting / Financial Services jobs in Lagos *Finance Manager in Lagos
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