Head of Finance
Alan & Grant
Abuja, NG
4d ago
source : Mrjobsnaija

Alan & Grant's job vacancy, Career and Recruitment

Job title : Head of Finance jobs in Abuja Job Location : Abuja Deadline : February 13, 2022

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    Job Summary

  • The Head of Finance will work closely with the leadership of the organization and program leads to provide high-level financial management and support to ensure that all the organizationäó s financial activities adhere to regulatory and funder requirements.
  • She / He will provide guidance to guarantee that resources are allocated and used in compliance with contractual requirements, applicable regulations, and appropriate standards and procedures.
  • The Head of Finance will also be responsible for budgeting, planning and forecasting the programs, units and organizational resource needs and support the leadershipäó s efforts to generate resources to meet these needs.
  • Duties & Responsibilities

  • As a core member of the Management Team, the Head of Finance will be required to contribute substantially to organizational strategy and management in ways including, but not limited to :
  • Forecasting and implementation of institutional strategic priorities that align with the mission and values of the organization, and are responsive to the evolving trends in the human capital development sector;
  • Support for Executive Management as needed with institutional representation; operational efficiencies; organizational processes;
  • business assurance; financial advice; people development, and general leadership and oversight for the organization.

  • Identification of annual strategic priorities for the department and development of costed annual work plan;
  • Custody of financial policies, procedural manuals and tools, including periodic updates and revisions as necessary to meet institutional needs;
  • Supervision and motivation of finance department staff, including supporting learning, capacity building, assignment of job functions, setting of KPIs and strengthening talent and succession pipeline.
  • Timely forecasting and preparation of annual operational and program budgets, with monthly reviews with budget holders to ensure optimal use of resources to achieve the organizationäó s objectives;
  • Monitor expenditure trends and provide timely advice and analysis of potential over or under spends to management and other budget holders;
  • Monitor program and operational costs to ensure that the organization is maximizing on cost efficiencies
  • Provide training and continuous support to budget holders and project managers to ensure proper understanding, ownership of and engagement with financial results.
  • Continuous review, development and implementation of processes and controls that reflect best practices in the organizationäó s financial transactions
  • Ensure that all financial transactions are completed and recorded accurately, in a timely manner, and in accordance with generally accepted accounting principles;
  • Manage the payroll, accounts payable, accounts receivable and payment processes;
  • Perform month-end closing procedures, including overhead allocations, reconciliations and updating of schedules
  • Maintain methodical and easily auditable physical and electronic filing systems.
  • Oversee a cash flow management and forecasting system that ensures adequate funds are available for program and organizational needs
  • Coordinate request of funds from program funders, based on budget and cash flow projections
  • Responsible for liaison with the organizationäó s bankers, evaluating their financial health and stability to ascertain the safety of cash balances.
  • Ensure timely and accurate preparation of the organizationäó s monthly financial management reports
  • Prepare quarterly financial statements for presentation to the Board of Directors
  • Prepare program financial reports in line with donor reporting requirements and standards
  • Prepare the annual financial statements for statutory audit and liaise with the external auditors
  • Prepare ad-hoc financial analysis and reports required to guide management decisions
  • Ensure organizational internal controls and systems are maintained and adhered to, identifying key risk areas and addressing them, to prevent fraud and mitigate its impact on the organization
  • Ensure any changes in legislation or organizational structure are reflected without delays in internal controls and systems
  • Ensure that all statutory deductions are withheld and remitted to the appropriate collecting agent(s) as at when due e.
  • g. PAYE, WHT, VAT, Income Tax, Pension and NHF contributions etc.

  • Ensure that the regulatory and filing / reporting requirements of all relevant statutory bodies and funders are met.
  • Requirements

  • Minimum of Master's Degree in Business Administration, Finance, Accounting or other relevant disciplines. Professional Accounting qualification such as; ACCA or ICAN
  • Minimum of ten (10) years progressive experience in accounting and finance, including at least four (4) years audit experience.
  • Strategy and financial management in top consulting firms is a major plus.

  • Alignment with the organizationäó s vision, mission and values
  • Proactive, hands-on manager who will own responsibility for the Finance Department
  • Strategic thinker who possesses problem solving and thought leadership abilities, and solid business acumen
  • Exceptional verbal and written communications skills and the ability to interact effectively with both internal and external stakeholders
  • Excellent time management skills, with the ability to organize and manage multiple priorities while maintaining accuracy and quality
  • Proven ability to make complex and time-sensitive decisions in the best interests of the organization
  • Demonstrated knowledge and understanding of finance and tax laws, financial best practices and awareness of current trends and the implications for the organization
  • Advanced computer usage skills with proficiency in Microsoft Word, Excel, PowerPoint and accounting packages such as Odoo, QuickBooks etc.
  • Fast learner, open to learn from subordinates and other colleagues.
  • Accounting / Financial Services jobs in Nigeria *Accounting / Financial Services jobs in Abuja *Head of Finance in Abuja
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