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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Industry : Health Care
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.
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