Financial Manager job in Nigeria
Job Position: Finance Manager
Job Location: Lagos
Salary Range: N500,000 – N750,000 / Month
Job Description (Financial Manager)
The Head of Finance is accountable for the financial and risk management operations including the development of financial strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve the company assets and report accurate financial results
As a Strategic Business Partner to the leadership team, he/she counsels the management on fiscal control and profitability; prepares, presents, and interprets financial reports to the management; adheres to tax laws and regulatory compliance to properly reflect the financial position of the business.
Responsibilities (Financial Manager)
Oversees all company accounting practices, preparing budgets, financial reports, tax, and audit functions.
Directs financial strategy, planning, and forecasts; conferring with the management and other department heads.
Supervises investment and raising of funds for business growth opportunities and analyzing for impact and returns
Assist the CEO in effectively communicating the company’s financial performance to the Board of Directors and Shareholders.
Provide industry trends, opportunities for expansion, and projection of future company growth, not limited to local opportunities but with a strong awareness of Global perspectives.
Develop with efficiency and awareness, policies and standards that are aimed at ensuring optimal utilization of the company/departmental resources for the overall achievement of the company’s set objectives; long-term and periodic.
Oversees the preparation of all financial reports, including income statements, balance sheets, reports to shareholders, tax returns, and reports for government regulatory agencies.
Oversees Finance departments, budget preparation, and verification functions. Meets regularly with unit heads to keep informed and to offer direction.
Supervises investment of funds; works with banks and/or investment bankers to raise additional capital as required for expansion.
Ensure that all relevant insurances are in place and represent value for money with employees familiarized with policies ensuring that claims are made as necessary.
In performing this role, you shall ensure the following:
Ensure proper establishment, documentation, implementation, control, and maintenance of Quality, Cost, Labor, and Time Management Systems
Management is properly guided on all long-range economic trends and projects company prospects for future growth in overall sales and market share, opportunities for acquisitions or expansion into new business areas
Consistently monitor risks catalogs & portfolios, proactively ensuring below-minimum acceptance.
Constantly communicate very high customers service standards, setting extra-ordinary expectations
Know the current market share of owned businesses in the industry.
Reporting and Analysis (Financial Manager)
Develop and review Financial reports and present to the management, and/or when requested by the Board the following reports by Monthly, Quarterly, Bi-Annually, and Annually but not limited to:
Profit and Loss Report
Balanced Sheet Report
Cashflow Performance Report
Business Audit, Control, and Risk Management exceptions
Review and monitor business operating reports, ensuring effectiveness as to analyze the following;
Return on Capital Employed
Annual Revenue growth rate
General Admin Activity Report
Inventory return and impact report
Services delivery dashboard and achievement status
Educational Qualification (Financial Manager)
BSc Degree in Accounting, Finance, or a related field from a reputable tertiary institution
ICAN / ACCA or other recognized accounting/finance qualification is required.
Master’s Degree in any of the above fields or an MBA would be desirable.
Experience in finance in a startup or Tech is an added advantage.
Experience (Financial Manager)
At least 2 years as Finance Manager or Head of Finance experience
A minimum of 5 years of progressive experience within a fast-moving and dynamic business environment.
Financial Analysis, Budgeting, and Forecasting
Strategy, Planning, and Management
Accounting, General Ledger, Administration and Operations
Leading and Supervising
Presenting and Communicating Information
Applying Technology and Expertise
Analytics and Reporting Skill.
Method of Application (Financial Manager)
Interested and qualified candidates should forward their CVs to: email@example.com using the position as the subject of the email.
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