Finance Manager

Kano - Nigeria

Monthly Salary: NGN 300000 - 500000

Experience Required: 5years

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Financial Planning and Budgeting:

Develop and oversee the annual budget for the group coordinating with department heads to set realistic projections and expense limits.
Work closely with project managers to prepare project-specific budgets ensuring cost controls and alignment with overall group financial objectives.
Monitor budget performance identifying variances and recommending corrective actions to keep the organization within financial targets.

Financial Reporting and Analysis:

Prepare accurate and timely monthly quarterly and annual financial reports providing insight into financial performance across business units.
Conduct financial analysis to support strategic decisions focusing on profitability cost efficiency and financial sustainability.
Develop key financial metrics and KPIs to measure and monitor the performance of various business units and report these to senior management.

Cash Flow and Treasury Management:

Oversee cash flow planning and ensure adequate liquidity for day-to-day operations and long-term investments.
Manage the groups cash reserves and ensure effective treasury management by optimizing banking relationships and managing financial transactions.
Identify and implement strategies to enhance cash flow including the efficient handling of receivables payables and investments.

Internal Controls and Compliance:

Develop implement and monitor internal controls to safeguard the organizations assets prevent fraud and ensure the accuracy of financial records.
Ensure compliance with financial regulations tax laws and company policies across all business units.
Coordinate with internal and external auditors providing necessary documentation and responding to audit findings and recommendations.

Cost Management and Optimization:

Implement cost control measures across departments to improve efficiency and reduce unnecessary expenses.
Work with department heads to review operational costs and identify areas for cost savings without compromising on quality or performance.
Analyze cost structures and recommend process improvements for more efficient resource allocation across the group.

Payroll and Benefits Management:

Oversee payroll administration and ensure accurate timely processing in compliance with local tax regulations and labor laws.
Manage employee benefits and liaise with HR to ensure that payroll and benefits align with budgetary constraints and organizational policies.

Financial Strategy and Risk Management:

Contribute to the development of financial strategies to support the groups growth and expansion objectives.

Vendor and Procurement Financial Oversight:

Collaborate with the procurement department to negotiate vendor contracts ensuring cost-effectiveness and compliance with financial guidelines.
Review and approve major purchases and capital expenditures ensuring alignment with budgetary allocations and financial policies.

Leadership and Team Development:

Manage mentor and develop the finance team to enhance their skills and performance promoting a culture of continuous learning and accountability.
Provide training to non-financial managers on financial principles to improve budget management and financial understanding across departments.

Reporting to Stakeholders:

Provide financial insights to the executive team board of directors and investors ensuring transparency in financial matters.
Prepare financial presentations for senior management meetings focusing on performance key challenges and growth opportunities.
Identify financial risks and develop strategies to mitigate them including currency risks investment risks and operational financial risks.
Conduct financial modeling and scenario analysis to support strategic planning and investment decisions.

Requirements

5-8 years of experience in Accounting/Finance with experience of working or related to Agricultural Sector Food Supplies
Good understanding of trends challenges opportunities regulations and legislation relating to the Agricultural/Food Industry Import/Export Regulations.
. or HND in Accounting or any finance related course Relevant professional accounting certification/membership such as ICAN ACA ACCA etc.
Taxation Compliance and Regulatory knowledge
Proficiency in Zoho Books Microsoft Excel and ERP finance module
People Skills
Develop and maintain effective networks with contractors and industry colleagues
Excellent analytical communication and organizational skills.

Required Skills:

5-8 years of experience in Accounting/Finance with experience of working or related to Agricultural Sector Food Supplies Good understanding of trends challenges opportunities regulations and legislation relating to the Agricultural/Food Industry Import/Export Regulations. . or HND in Accounting or any finance related course Relevant professional accounting certification/membership such as ICAN ACA ACCA etc. Taxation Compliance and Regulatory knowledge Proficiency in Zoho Books Microsoft Excel and ERP finance module People Skills Develop and maintain effective networks with contractors and industry colleagues Excellent analytical communication and organizational skills.

Required Education:

. or HND in Accounting or any finance related course Relevant professional accounting certification/membership such as ICAN ACA ACCA etc.

Financial Planning and Budgeting:Develop and oversee the annual budget for the group coordinating with department heads to set realistic projections and expense limits.Work closely with project managers to prepare project-specific budgets ensuring cost controls and alignment with overall group finan...