Financial Controller – Group Finance & Reporting

at Alpha Mead Group
Location Lagos, Nigeria
Date Posted August 17, 2021
Category Management
Job Type Full-time
Currency NGN

Description

Role Profile

  • The Financial Controller – Group Finance & Reporting will apply principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and loss statements, and utilizing appropriate accounting control procedures.

Job Description

  • Apply principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and loss statements, and utilizing appropriate accounting control procedures.
  • Preparation of monthly, quarterly and annual financial reports and analysis of result with observations and recommendations to management on cash flow, profitability, financial position etc
  • Preparation and review of the company’s Financial Plan (Budget) and also serve as the Secretary to the Budget Committee
  • Prepare and interpret all operating results, annual budgets and administer forecasts for monthly BPR reports and FDC.
  • Analysis of revenue and expenditure trends and recommendation of appropriate budget levels, in order to ensure expenditure control
  • Recommend, implement and maintain a computerized data base for the company system of accounting.
  • Coordinate with senior management and prepare forecasts and budgets to meet business goals with help of accounting staff and documents all research accounting issues.
  • Maintenance of Fixed Assets Register and ensure insurance premium are promptly paid.
  • Ensure that Reconciliation of all bank accounts indicating the elements of Interest on Loan/Overdraft and other bank charges are up to date.
  • Develop and maintain supporting documents for all financial reports and evaluate it for various departments and committees.
  • Administration of the company’s tax payment system, including the compilation and remittance of Staff PAYE tax deducted, Staff pension contribution, VAT collected and withholding tax deducted and interact with tax and other regulatory/statutory authority.
  • Responsible for the preparation and compilation of update for the company’s Financial and Management Accounting Guidelines and Procedure Manual and other Internal control and guidelines
  • Interact with the internal and external auditors and also maintain relationship with the company’s bankers
  • Preparation of Monthly and Half-yearly Cash Flow projection
  • Payroll administration and accounting
  • Maintenance of Accounts Payables and payments of vendors and other supplier of goods and services
  • Develop and implement internal financial controls for integration of closing process and financial activities of company.
  • Maintenance of Account Receivables, Billing of respective clients, and recommendation of appropriate Credit Control Policy
  • Financial Audit of sites
  • Responsible for the financial transactions and reporting on company’s projects.
  • Joint Venture Accounts; stating the status of each venture partner’s account with respect to payments & earning to date.

Qualifications

  • First Degree in Accounting, Economics, Finance or any related field.
  • Minimum of 8 years of experience as a Financial Controller of which 4 years must be as a Senior Accountant level.
  • Master’s Degree in accounting or any related fields will be a huge plus.
  • Knowledge of Finance, Accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles is required.
  • Professional certification in accounting is a must-have.
  • Knowledge of financial and accounting software applications.
  • Ability to analyse financial data and prepare financial reports, statements and projections.
  • Work with minimal supervision.

Additional Information:

  • Good oral and written communication skills.
  • Good man-management skills.
  • Proficient in MS Office.
  • Outstanding organizational skills.
  • Attention to details.
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