Head of Finance
Enzo, Krypton and Company
Lagos
7d ago
source : myJobmag

Duties and Responsibilities :

Head of Finance responsibilities include creating forecasting models, assessing risk in investments and ensuring all accounting activities comply with regulations.

To be successful in this role, you should have experience crafting financial strategies and managing accounting teams.

Ultimately, you will maintain our company’s financial health and increase profitability in the long run.

Responsibilities will include the following :

Forecast monthly, quarterly and annual resultsApprove or reject budgetsConduct risk managementEvaluate and advise on investmentsSupervise Accounting TeamsAllocate resources and manage cash flowsConduct profit and cost analysesDevelop secure procedures to maintain confidential informationEnsure all accounting activities comply with financial regulationsConsult senior management and board members about funding optionsRecommend cost-reduction strategies

Requirements

Age preference : 30 35 yearsMinimum of 5 years’ experienceProven work experience as a Financial Controller or similar roleIn-

depth understanding of cash flow management, bank reconciliation and bookkeepingHands-on experience with budgeting and risk managementExcellent knowledge of data analysis and forecasting modelsProficiency in accounting softwareBSc / BA in Accounting, Finance or relevant fieldMSc / MBA or relevant certification () is a plus

Skills and Attributes

Strong analytical and decision-making skills Creative thinking and ability to proffer solutions to address financing challenges Strong systems, process and best practice experience Leadership skills with High level of integrity Excellent presentation and delivery skills Excellent written and verbal communication skills

SPECIFIC RESPONSIBILITIES

Strategic Functions

Provide strategic financial analysis and leadership on decision-making issues affecting the Company (, new markets, and evaluation of potential alliances, employee benefits, retirement plans, and investments).

Undertake financial analysis periodically, to assist the Senior Management Team in evaluating profitability of income streams and potential for cost efficienciesWould be required to enhance and / or develop, implement and enforce Finance policies and procedures of Company by way of systems that will improve the overall operation and effectiveness of the company.

Accounting / Finance Management :

Prepare and send accurate, complete and timely financial and management reports, which will include weekly / monthly / quarterly management accounts and balance sheet controlOversee, monthly reconciliation of all Company Bank accountsTreasury & Working Capital Management manage authorization of weekly electronic and manual payments and management of foreign exchange requirements.

Liaison with bankers on loan facilities and other correspondence.Develop a reliable cash flow projection and facilitate cash management policies that balance receivables collection with payables and include a minimum cash threshold to meet operating needs.

You will prepare the cash flow statements, income and expenditure accounts, tax returns and balance

Tax Matters

To ensure that the company is in compliance with all statutory requirements including :

Payment and filing of VAT returns,PAYE and Pension remittanceWithholding deduction and remittanceCorporate Income Tax- Liaising with auditors on the payments

Budget

Drafting and management of annual budgetMonitor expenditure to ensure adherence to the company’s fiscal year budget.Continuously improve on the budgeting process through engagement of other departmental heads on financial issues impacting department budgets.

Analyze budget variances and consolidate the financial statement for further analysis

Interface with Sales Unit

Ensure that sales invoices are raised on all sales orders generated by the sales executives after confirmation of lodgement into bank or authorisation of credit sales by the approving authority.

Ensure that receipts are raised on confirmation of lodgement into bank accountsAudit : Ensure timely submission of all external reports such as Audit / Tax Reports etc.

Payroll : Supervise monthly payroll operation, PAYE and management of employer stakeholder pension plan.

Method of Application

Applicants should send CVs to

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