Head of Finance and Account needed at Talenture

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Job title : Head of Finance and Account

Job Location : Lagos

Deadline : July 07, 2024

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Key Responsibilities:

  • Oversee all aspects of the company’s financial accounting, reporting, and compliance functions.
  • Manage the preparation of financial statements, budgets, forecasts, and variance analysis.
  • Ensure compliance with regulatory requirements and accounting standards.
  • Implement and maintain effective internal controls to safeguard company assets.
  • Lead and mentor the finance team to achieve departmental goals and objectives.
  • Coordinate with external auditors and oversee the annual audit process.
  • Drive process improvements and efficiency initiatives within the finance department.

Improvement of the SAGE ERP system integration

  • Implementation of the ERP reporting capabilities on Revenue and Business Performance
  • Full migration from excel based financial processes into generating reports from SAGE X3

Accounting and Financial Reports

  • Monthly financial statements including income statement, balance sheet, and cash flow statement.
  • Adequate and timely reporting of Receivables, Payables, Bank Reconciliation and Inventory
  • Maintaining a complete Fixed Asset Register and monthly depreciation calculations within SAGE
  • Working capital management to optimize cash flow
  • Variance analysis to track budget vs. actual performance.
  • Key financial ratios analysis to assess the financial health of the company.
  • Quarterly and annual financial reports for stakeholders (Executive Management & Board Committees) to enhance decision-making and strategic planning

Planning, Budgeting and Forecasting

  • Annual budget preparation in collaboration with business units and department heads.
  • Scenario analysis to assess the impact of different business decisions on financial performance.
  • Budgetary Controls and Monthly Variance Analysis of the Annual Work Plan
  • Cash Flow Forecast to aid the Board and Management decision-making
  • Uploading of approved budget into SAGE X3 ERP System
  • Budget tracking and reporting of each business unit’s activities
  • Monitoring and analyzing budget variances to identify areas for improvement.

Other Account/Finance-related services

  • Long-term financial planning to support strategic decision-making.
  • Investment analysis for capital budgeting decisions.
  • External Audit coordination
  • Coordinate with tax advisors for tax planning, audit, and reporting, e.t.c
  • Accounting and Financial Report

Requirements

WHAT YOU WILL HAVE: 

  • Chartered Accountant qualification is mandatory.
  • Previous experience with any of the Big 4 accounting firms or in an organization audited by the Big 4 is highly preferred.with industry experience
  • Bachelor’s degree in Accounting, Finance, or related field.
  • Proven track record of at least 5 years in a senior finance role, preferably within the downstream sector.
  • Strong knowledge of financial reporting standards, taxation, and regulatory requirements.
  • Excellent leadership, communication, and interpersonal skills.
  • Proficiency in accounting software and Microsoft Office Suite.

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

  • Accounting / Financial Services  jobs
  • Head of Finance and Account jobs

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