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Financial Controller in a power company



Financial Controller in a power company

Job Position: Financial Controller
Job Location: Victoria Island, Lagos
Employment Type: Full-time
Industry: Independent Power company

Job Description (Financial Controller)

The financial controller has the primary responsibility for planning, implementing, and controlling all financial-related activities of the company.
This will include direct responsibility for accounting, taxation, finance, budgeting, product costing, project cost analysis, and evaluation.
Investor relationships, government agent relationships as well as banking and treasury management, the desired candidate must have headed accounts and finance departments in a best practice environment and must have produced necessary daily, weekly, monthly and quarterly, and annual plans and reports for management decision making.

Key Responsibilities (Financial Controller)

Prepare month-end and year-end closing activities to ensure timely close and reporting.
Conduct an in-depth analysis of the company’s financial performance using relevant KPIs.
Oversee preparation of the group consolidated management accounts every month.
Review and validate general ledger entries on the ERP for accuracy and completeness.
Review and validate all invoices (both customer and supplier) and accounting schedules (e.g., fixed asset register, payment schedules, receivables aging analysis).
Oversee the reconciliation of intercompany accounts across the group.
Monitor cash flow balances and debt obligations across the group.
Supervise credit risk management process including supporting the collection of receivables.
Monitor FX risks and hedging instruments across the group.
Coordinate all audit activities including statutory and tax audits to ensure timely completion.
Supervise financial operations of subsidiary companies.
Monitor tax compliance and ensure all tax obligations are paid and filed on time.
Carry out Implementation of accounting policies and recommend improvements where necessary.
Conduct a frequent review of accounting processes and internal controls and advise management on risk areas and mitigating strategies.
Monitor updates in financial laws and regulations and advises management on compliance.
Present and defend company financial information to investors/potential investors.

Job Requirements (Financial Controller)

Education- Bachelor’s Degree in Accounting, Finance, Economics, or other related disciplines
Master Degree in Accounting, Finance, and Economics, will be an added advantage
Chartered accounting qualification (ICAN or ACCA) is required.

Minimum of 10 years of working experience in accounting, finance, or audit, with a minimum of 5 years in a management position.
Competency and Skills Requirements:
Age: 40 – 55 years
Strong analytical skills with the ability to pay attention to details.
Strong knowledge and application of IFRS standards and accounting principles.
Advanced communication, leadership, and negotiation skills.
Hands-on experience with preparing consolidated financial statements.
Understanding financial modeling and valuation.
Advanced soft skills including communication, interpersonal and presentation skills.
Understanding of company valuations and ability to present to investors/potential investors
Must demonstrate proficiency with ERP accounting software packages and Microsoft Office suites
Must possess a good knowledge of Enterprise Risk Management (ERP)

Remuneration: Very Attractive.

Method of Application

Interested and qualified candidates should forward their comprehensive Resume to: using the job position as the subject of the mail.
Note: Only qualified candidates will be invited for an interview.

Closing date: End of October 2022.

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