Workforce Group – Our client, a battery recycling company, is recruiting to fill the position below:
Job Title: Financial Controller
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Location: Victoria Island, Lagos
Employment Type: Full-time
Reports to: CFO/CEO
Job Summary
- The Finance Controller will be responsible for maintaining proper Financial Management and Controls in safeguarding Financial and Material Resources of the organization in furtherance of its mission.
- The position will also be responsible for Fundraising.
Primary Responsibilities
Financial Planning and Modelling:
- Oversee the preparation of annual and quarterly financial plan.
- Develop a financial modelling template for the purpose of forecasting financial needs.
- Utilize the template to support financial analysis and planning
Financial Reporting and Audit:
- Prepare financial statements in compliance with the Financial Regulations and Financial Reporting Standards.
- Coordinate annual external audit of the financial statements.
- Ensure monthly reports for all programs are properly done and submitted on a timely basis.
Budgeting and Budgetary Controls:
- Oversee preparation of budgets
- Monitor implementation of program budgets
- Prepare and manage cash flows and develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs
- Report monthly to the CEO on variances from the established budget, and the reasons for those variances.
Investments:
- Establish / implement an investment policy
- Management of risks exposure to the organization’s investments
- Monitoring of bank accounts to ensure safety of organizational funds
- Maximizes return on invested funds by identifying investment opportunities; and maintaining relationships with the investment market.
- Ensure ownership of all assets by the organization.
Resource Mobilization / Fundraising:
- Forecast cash flow positions, any related borrowing needs, and available funds for investment.
- Develop financial sustainability strategies.
- Develop a resource mobilization strategy.
- Identify possible fundraising strategies.
- Gather information on donor policies and priorities in line with the mission of the organization.
- Build a donor data base and devise ways to expand the data base
- Develop annual work plans based on the approved resource fundraising strategy
- Actively participate in the preparation of concept papers and project proposals to funding partners / agencies
- Establish and manage partnerships with banking and other donor agencies
- Facilitate effective communication with all donors including reporting and update
- Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
Other Finance Functions:
- Perform all other functions as may be directed by the CFO/MD.
Requirements
Educational Qualification:
- B.Sc and MBA/MSc
Person Specification:
- Proven experience in a Manufacturing Companies
- Experience as a Finance Manager (5 years min)
- Experience in Financial Planning and Analysis, Budgeting, and Forecasting
- Experience in managing team of accountants
- Hands-On ERP Systems Experience (Odoo ERP experience is ideal)
- Experience in Cash Management, Risk Management, Auditing and Taxation
- Prior work experience in financial strategy and executing financial strategic initiatives
Knowledge/Understanding:
- Good understanding of GAAP and IFRS
- Good Knowledge in managing accounting records
- Knowledge of Accounts/Finance processes and procedures
- Good knowledge of corporate finance and budgeting
ProfessionalQualification:
- ICAN/ACCA
Skills and Abilities:
- Financial planning and strategy
- Managing profitability
- Strategic planning
- Excellent analytical, reasoning, and problem-solving skills
- Leadership ability and confidence
- Excellent written and oral communication skills.
- Strong influencing skills
Budget
N600,000 – N800,000 / monthly gross.
Application Closing Date
20th June, 2024.
How to Apply
Interested and qualified candidates should send their CVs & Cover Letter to: [email protected] using the job title as the subject of the mail.
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