Finance Manager

Job Title: Finance Manager

Location: Lagos, Nigeria

Reporting to: Group CFO

Company Overview:

Our client is a leading construction company in Lagos, Nigeria, specializing in the execution of private construction groups. With a strong commitment to quality and customer satisfaction, we have successfully completed numerous projects and continue to grow in the industry. They are currently seeking a highly skilled and experienced Finance Manager to join our dynamic team.

Job Description:

As the Finance Manager, you will play a crucial role in overseeing the financial operations of our company. You will be responsible for managing financial planning, budgeting, forecasting, and analysis to ensure the company's financial health and support strategic decision-making. Your expertise in finance and accounting, particularly in the construction or heavy machinery industries, will be instrumental in driving the company's growth and profitability.

Responsibilities:

1. Financial Planning and Analysis:

- Develop and implement financial strategies, policies, and procedures to align with the company's goals and objectives.

- Prepare and monitor annual budgets, ensuring effective allocation of resources and adherence to financial targets.

- Conduct financial analysis, variance analysis, and performance evaluation to provide actionable insights to senior management.

- Identify potential risks and opportunities, and recommend appropriate measures to mitigate risks and optimize financial performance.

2. Financial Reporting and Compliance:

- Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

- Ensure compliance with applicable accounting standards, tax regulations, and statutory requirements.

- Coordinate with external auditors and regulatory bodies for the completion of audits and financial reporting obligations.

- Implement and maintain robust internal controls to safeguard company assets and ensure accurate financial reporting.

3. Treasury and Cash Management:

- Manage cash flow planning, forecasting, and optimization to maintain liquidity and support operational requirements.

- Monitor and analyze financial market trends, interest rates, and exchange rates to minimize foreign exchange risks.

- Establish and maintain relationships with banks and financial institutions to secure financing and negotiate favorable terms.

4. Cost Control and Analysis:

- Implement cost control measures to optimize expenses and enhance profitability.

- Perform cost-benefit analysis and evaluate investment opportunities, providing financial insights for decision-making.

- Collaborate with project teams to monitor project costs, revenue recognition, and contract compliance.

5. Team Leadership and Development:

- Lead and manage the finance team, providing guidance, mentorship, and performance feedback.

- Foster a collaborative and high-performance work environment, promoting professional growth and development.

- Conduct regular performance evaluations and identify training needs to enhance team capabilities.

Requirements:

- Bachelor's degree in Finance, Accounting, or a related field from a reputable university. A Master's degree or professional certification (e.g., ACCA, CIMA, CPA) is preferred.

- Minimum of 5 years of progressive experience in finance and accounting roles, preferably in the construction or heavy machinery industries.

- Strong knowledge of SAP ERP system is preferred

- Proven experience in financial planning, budgeting, forecasting, and analysis.

- In-depth understanding of accounting principles, tax regulations, and financial reporting standards.

- Excellent analytical, problem-solving, and decision-making skills.

- Proficient in financial modeling, data analysis, and financial software applications.

- Strong leadership abilities, with a track record of managing and developing teams.

- Exceptional communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.

- High ethical standards and integrity.

Note: Only shortlisted candidates will be contacted for further evaluation.