An exciting opportunity has arisen within Global Business Services (GBS) for a highly motivated individual to manage compliance and financial reporting activities for Nigeria.
The role is working within the Record to Reporting (RTR) team and will be cooperating closely with Controller’s and NG CFO office.
The role primary responsibilities are a full management in the area of statutory financial reporting, US group reporting, tax accounting, balance sheet and P&L maintenance, treasury operations and ensuring organizational financial stability, statutory compliance for entities located in Nigeria.
The role will also provide advice and accounting treatment on specific accounting matters under US GAAP. You will also serve as a key financial resource and central point of contact to tax department, treasury department, CFOs and other business leaders on statutory rules and regulations.
You report here directly to Record to Report Senior Manager.
The role provides the opportunity to network with other EMEA members of financial reporting organization in order to share learning and best practice and to contribute to driving a best in class team performance.
Process Leadership & Technical Skills :
Main point of contact for external auditors for providing source information and driving completion of statutory audits.
Ensure that all government returns such as corporate income tax, VAT returns etc. are duly prepared and submitted to the authorities.
Manage tax accounting activities and tax audits to fulfil overall compliance in the area of direct and indirect taxation with internal and external resource and expert support.
Drive Working capital Initiatives in the business
Capital Structure, determine the correct funding structure for the business
Cash forecast submission and Forex forecast submission to Treasury in UK
Maintain relationship with local banks and funding requirements
Oversight on the InterCo and support the payment processes through LCs
Complete responsibility for US GAAP balance sheet month end reporting process including ownership over HFM reporting to the Corporate and monthly tax computation.
Manages quarterly balance sheet review meetings with the EMEA Controller
Provide leadership to the overall corporate governance of those entities, interacting with the Local Board of Directors, Corporate Departments, and the Controller’s Office.
Oversee Accounts Payable process through monitoring with Shared Service Centre
Oversee Accounts Receivable process in conjunction with Shared Services Centre including Ageing of Receivables, Bad debt provision, Pricing and Rebates process etc.
Ensure that all capital expenditures are correctly reported and accounted under US GAAP and local GAAP, the disposal of assets are recorded according to internal procedures and all assets CFI are respected
Monthly independent review of Payroll and ensuring control and compliance in this area
People Management :
Lead finance team of 4 individuals located locally. This leadership includes assignment of tasks, hiring, performance management, training, engagement, retention and oversight, strategic leadership, and quality monitoring all to ensure both timely and accurate reporting and delivery of tasks.
Support the development and performance of team members (both direct & indirect) by identifying and communicating performance expectations, providing feedback about performance and potential, identifying developmental needs and providing developmental opportunities in order to achieve business results and promote individual growth.
A university qualification, preferably in Finance, Accounting or Economics, additional professional qualification CPA would be an asset
Minimum of 7 to 10 years of relevant business and finance experience in a multinational context
Minimum 3 years of experience in managing a team
Proven track record within financial reporting ideally with exposure toward statutory reporting, accounting, treasury and tax in a multinational context,
Knowledge of US GAAP & IFRS reporting gained in multinational contexts,
ICAN, ACCA or equivalent qualification is required,
Knowledge of ERP system, preferably SAP Financials’ and Controlling’ modules,
Strong interpersonal skills, influencing skills and organizational / coordination skills,
Experience in consumer-packaged goods or other manufacturing related industry preferred.