SpidNews, Jobs Africa: March 2023

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Job Title: Snr. Finance officer

Report: Direct Report CEO

Direct Subordinates: Account Officer and Human Capital Officer

Job Overview:

To effectively manage all finance related and human resources activities in the

organization.

General Objective: The incumbent is responsible for budget planning and providing support to the executive management team by offering insights and financial advice that will allow them to make the best business decisions for the company.

Ensures planning, monitoring, and evaluation of employee work results by training managers; to coach and discipline employees; scheduling management conferences with employees; receiving and resolving employee grievances; counselling employees and supervisors.

Principal Duties and Responsibilities

Finance Management

Provide measurable inputs to facilitate the definition and execution of the company’s business strategy, periodically.
Responsible for achieving the company’s financial objectives, within the strategy and business plans of the company.
Responsible for financial reporting and business planning to enable strict control on capital expenditure and costs.
Develop and execute the financial strategy of the company, ensuring that the company at all times maximizes value, pro-actively mitigates risk and is financially strong.
Responsible for treasury management of the company, including working closely with the MD in securing funding for the entity, financial exposure, cash and working capital management.
Ensure that the company conducts its business in compliance with local law, local regulations and policies and culture of the group.
Ensure and establish proper internal governance and controls.
Manage Financial Controls function: Payables, Receivables, Property, Plant & Equipment, General Ledger, Statutory Reporting and Corporate Reporting. Ensure Compliance with IFRS, Group reporting requirement, and Corporate Governance, and work with External Auditors
Tax Management: Compliance with relevant tax laws and align with group global tax policy.
Ensure that all insurable risks are adequately insured.
Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
Provide leadership and oversee the operations of the finance department, set goals and objectives, and design a framework for these to be met.
Manages, motivates, coaches and instructs departmental staff and fosters interdepartmental communication and cooperation.
Oversees the preparation of the Monthly Business Review (MBR) slides for the Board and presents to the Executive Board. Work with Company secretariat to ensure financial papers are well prepared for Board consideration and filing of annual statutory returns to Nigerian Corporate Affairs Commission.
Correspond with various other departments, discussing company plans and agreeing on future paths to be taken. (Stakeholder engagement)

Human Resources Management

Establish and implement HR efforts that effectively communicate and support the firm's mission and strategic vision.
Develop HR plans and strategies to support the achievement of the overall business operations and objectives.
Function as a strategic business advisor to the executive/senior management of each business unit or specialty group regarding key organizational and management issues.
Work with the firm's executive management to establish a sound plan of management succession that corresponds to the strategy and objectives of the firm.
Develop comprehensive strategic recruiting and retention plans to meet the human capital needs of strategic goals. (Recruitment)
Develop and implement comprehensive compensation and benefits plans that are competitive and cost-effective for the firm. (Compensation and Benefit)
Provide overall leadership and guidance to the HR function by overseeing talent acquisition, career development, succession planning, retention, training, leadership development and compensation according to international standards. (Human Capital Operations Management)
Develop and implement a comprehensive and effective Performance Management system.
Maintain work morale/culture.
Application of Legal and Labor Law requirements in the human resources operations of the firm.
Championing the maintenance of a healthy and safe work environment.

Person Specification:

Minimum Bachelor of Science in Social Sciences and or any other relevant course.
Minimum 5 years' cognate experience with 2 years in Human capital/Finance function in similar industry.
Prior 2 years Audit experience is an added advantage.
Professional certification in Finance/Accounting (ICAN, ACCA, CFA etc.)
Must possess business management & leadership, analytical and critical thinking skills.
Ability to work in a fast-paced environment.

TOOLS AND TECHNOLOGY: