JOB DESCRIPTIONS OF FINANCE MANAGER
JOB DESCRIPTION: FINANCE MANAGER
DIVISION: FINANCE
REPORTS TO: MD/CEO
Job Purpose: Responsible for the completeness and accuracy of all financial information generated by the Company’s ERP system. Creation and design of the Company’s finance control procedures and budgeting process. Treasury and cash management to ensure the day-to-day management of operations.
Principal Accountabilities:
1. Preparing, monitoring and interpreting financial statements including balance sheets, profit and loss and cash flow statements in addition to other ad-hoc financial reports.
2. Preparing annual budgets, financial strategies based on business forecasts that consider the impact of future events and trends on future cash flows. Analysing these changes and trends and advising the Managing Director accordingly.
3. Researching and reporting on factors influencing business performance.
4. Analysing competitors and market trends.
5. Treasury management and developing of financial management mechanisms that minimise financial risk.
6. Managing the Company's financial accounting, monitoring and reporting systems and designing a control environment to regulate financial risk.
7. Liaising with auditors (and internal auditors) to ensure effective completion of annual audit report and completeness and accuracy of all material transactions reflect in the Company’s financial statements.
8. Developing external relationships with appropriate contacts, e.g. auditors, bankers, Lagos State Lottery Board and statutory organisations such as the Inland Revenue.
9. Producing accurate financial reports and daily bank/cash reconciliations to specific deadlines.
10. Prepare regular reports to Managing Director that enable management to monitor the actual costs versus budgets on a regular basis.
11. Input into the design of the ERP system to ensure the effective operation of the finance function to facilitate the achievement of critical financial objectives.
12. Liaising with the Managing Director with respect to the sourcing and management of funds for financing the Company’s daily operations.
13. Supervising, mentoring and developing finance staff.
Keeping abreast of changes in financial regulations and legislation.
14. Perform additional duties and responsibilities as requested.
Industry: Lottery and gaming industry
Annual Salary: up to 6Million