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Location : Lagos (2341) - Portugal
Salary : 8,000,001 - 9,000,000 P/A
Type : Permanent
Main Industry : Search Finance, Banking & Insurance Jobs
Job ID : 105278220
Employer : eRecruiter
Posted On : 10 November 2020
Our client is a propriety investment group of company. They currently have an opening for a Finance Manger (Financial Services and Tech) in Lagos. The Finance Manager
will be responsible for accurate financial reporting, management accounting, and finance activities of the company's Tech subsidiary that supports the achievement of the Company?s objectives.
RESPONSIBILITIES:
Implementation of subsidiary?s goals, objectives, policies and operating procedure.Actively contribute to the implementation of subsidiary?s corporate strategyIdentify, communicate and monitor critical interdependencies across the 3 business sectors and forge effective organizational linkage to ensure a concerted/seamless implementation of the Group?s overall business strategyDaily evaluation of business performance via data analyticsFinancial/Management reporting
Ensure integrity and accuracy of accounting records by performing daily reconciliationsEnsure timely reporting of Financial/management accounts of all the entities latest by the 3rd of every month.Execution of month-end procedures and processImplementation of the accounting softwareResearch technical accounting issues for complianceMonitoring and enforcing internal controls over financial transactions and financial reporting.Budget and Budgetary control
Engages all stakeholders in the preparation of the business? budgeting and budgetary control document to achieve the agreed corporate objectivesMonitors the implementation of budgetary mechanisms to proactively identify and manage budget/ performance variances by the business sectorsTracks and reports on the implement robust cost optimisation strategies to monitor and control cost for the asset management businessPeriodically review key the Business activity and performance reports and makes recommendations to the CFO and the Board.Performance Management
Ensure key business performance analyses and reports are generated and circulated to the product managers and business development teamMonitoring of performance for the business and staffSuggest strategic guidance where necessaryTax Management
Ensures compliance with local, state and federal government reporting requirements and tax filings.Supervise the asset management finance team to ensure complete documentation of relevant supports and proof of tax remittanceDevelop and maintain relationships with appropriate personnel in relevant tax authoritiesResearches on future legislation that impacts taxation and operations, including future risksEnsure 100% remittance of all tax and statutory obligationsOthers
Create, coordinate and evaluate financial programs and supporting information system for the company to include budgeting, tax planning, and conservation of assetsInitiate and facilitate finance meetings to define and agree on targets and work plans, consistent with the business? strategy and plansParticipate in the recruitment, selection, training, professional development, and performance evaluation of staff in line with the Company?s Human Capital policiesServe on committees or cross-functional teams and perform other duties as assigned by the CFO or the Board.KPI: 90 DAY DELIVERABLES
Developing robust template for monitoring operational metrics for various products especially the banking app. This is to be presented at weekly MANCO meetingsDeploy effective structure for preparation of daily reconciliations for bank statements and intercompany balances.Automation of data gathering process for budget preparation and monitoring.Implementation of automated budget and cot control system for the company.FINANCIAL TARGET (NON-CORE)
Achievement of at least 75%-80% of business targets in FX, FDs, Loans, Mutual Funds, Cross-Selling and Special Products
REQUIREMENTS:
Core Skills
In-depth understanding of the organization?s business.Good communication skills.Attention to details.Good Management abilities.Knowledge of GAAP/ IFRSKnowledge of finance, accounting, budgeting, and cost control principlesAbility to analyze financial data and prepare financial reports, statements, and projectionsExcellent communication & presentation skillsNegotiationWorking knowledge of Microsoft Office Suite and other relevant accounting tools