Finance Manager

Job Title: Finance Manager
Location: Alausa-Ikeja, Lagos
Industry: Investment
Employment Type: Full-Time
Salary: Very Attractive and Competitive
Reports To: MD/CEO
Direct Reports: Accountant and Accounts Officer

Job Summary

We are seeking an experienced and highly analytical Finance Manager to provide strategic and operational leadership for the Finance function of an investment company and support the financial oversight of its subsidiary businesses.

The successful candidate will be responsible for financial accounting and reporting, budgeting and forecasting, management accounting, cash flow management, payroll oversight, investment analysis, fundraising, audit, tax compliance, financial controls and risk management.

The Finance Manager will also consolidate and analyze the financial and operational performance of subsidiary businesses and provide Management with accurate financial insights to support strategic planning, investment decisions, profitability and sustainable business growth.

Key Responsibilities

Financial Accounting & Reporting

• Lead and supervise the Finance team and ensure effective delivery of the department’s responsibilities.
• Maintain accurate, complete and reliable accounting records and financial systems.
• Prepare monthly, quarterly, half-yearly and annual financial statements and management reports.
• Prepare and review profit and loss accounts, cash flow statements, variance analyses and financial commentaries.
• Manage the Company’s cash flow and monitor liquidity requirements.
• Identify, investigate and report accounting inconsistencies and financial control issues.
• Ensure compliance with applicable financial reporting, tax and statutory requirements.
• Coordinate internal and external audits and implement agreed recommendations.
• Liaise with external auditors, tax consultants, banks, financial institutions and relevant regulatory authorities.

Budgeting, Forecasting & Financial Planning

• Prepare comprehensive annual budgets and financial forecasts in line with the Company’s strategic objectives.
• Coordinate and guide the annual budgeting process across subsidiary businesses.
• Review subsidiary budgets to ensure alignment with Group objectives and financial expectations.
• Consolidate approved budgets, forecasts and financial results across the Company and its subsidiaries.
• Prepare periodic budget-performance reports and analyze actual results against budgets and forecasts.
• Identify and explain material financial variances and recommend appropriate corrective actions.
• Develop periodic forecasts to support Management’s business planning and decision-making.

Management Accounting & Business Analysis

• Provide timely and accurate management reports to support executive decision-making.
• Analyze the financial performance of the Company and its subsidiaries using ratios, trends, KPIs and other analytical tools.
• Develop management and performance-analysis packs and present relevant commercial insights to Management.
• Assess the financial implications of key management and operational decisions and recommend improvements.
• Conduct financial modelling and business-case analysis for existing and prospective investments.
• Evaluate new projects and investment opportunities using financial metrics including NPV, future value, break-even analysis and payback period.
• Conduct ad hoc financial and commercial analyses as required by Management.

Investment & Fundraising

• Support the management and monitoring of the Company’s investment portfolio.
• Conduct financial research and analysis and prepare periodic investment reports.
• Develop well-informed investment recommendations based on appropriate financial and commercial analysis.
• Assess funding and investment requirements and recommend suitable strategies.
• Lead and support fundraising initiatives for the Company and its subsidiaries.
• Maintain effective relationships with banks, financial institutions, investors and other relevant stakeholders.

Payroll Management

• Provide oversight for the payroll function to ensure employees are paid accurately, completely and in accordance with approved Company policies.
• Establish appropriate payroll controls and validation procedures.
• Ensure periodic reconciliation between payroll and Finance records.
• Investigate and resolve payroll discrepancies.

Risk Management, Controls & Compliance

• Conduct financial and operational risk assessments for the Company and its subsidiaries.
• Develop and implement appropriate financial policies, procedures and internal controls to mitigate identified risks.
• Ensure compliance with applicable financial, statutory, tax and regulatory requirements.
• Ensure accounting and financial records meet the requirements of auditors and relevant government/regulatory agencies.
• Review audit findings and ensure appropriate corrective actions are implemented.
• Provide necessary support to external auditors and tax consultants.

Leadership & People Development

• Lead, manage, coach and motivate members of the Finance team.
• Establish clear responsibilities, performance expectations and accountability within the department.
• Identify competency and development needs within the Finance team.
• Support staff development through coaching, mentoring, personal development plans and relevant internal and external training.

Key Stakeholder Relationships

Internal: Finance Team, MD/CEO, Management Team, and Finance Managers of subsidiary businesses.

External: Banks and Financial Institutions, Auditors, Tax Consultants, Statutory/Regulatory Bodies, Contractors, Suppliers and other relevant stakeholders.

Requirements

The ideal candidate should possess:

• B.Sc. in Accounting, Finance, Economics or another relevant discipline.
• A Master’s degree in Finance, Accounting, Business Administration or a related discipline will be an advantage.
• Must be a Chartered Accountant and member of ICAN.
• Minimum of 10 years’ relevant professional experience.
• Must have substantial professional experience working with one or more of the Big Four accounting firms (Deloitte, PwC, EY or KPMG).
• Strong experience in financial reporting, management accounting, budgeting, forecasting, audit, taxation, financial controls and risk management.
• Demonstrable experience in financial modelling, investment analysis and business performance evaluation.
• Experience in investment management, fundraising or financial services will be an added advantage.
• Experience overseeing the finances of multiple subsidiaries or business units will be highly desirable.

Required Skills & Competencies

• Strong financial and management accounting expertise.
• Advanced financial analysis and modelling skills.
• Excellent budgeting, forecasting and cash flow management capabilities.
• Strong knowledge of financial controls, audit, taxation and regulatory compliance.
• Commercial and investment acumen.
• Strong analytical and problem-solving ability.
• Excellent leadership and people-management skills.
• High level of integrity, confidentiality and professional judgment.
• Strong communication, presentation and stakeholder-management skills.
• Excellent attention to detail and accuracy.
• Ability to interpret complex financial information and communicate actionable insights to senior management.
• Strong proficiency in Microsoft Excel and relevant accounting/ERP applications.

What We Are Looking For

We are particularly interested in a commercially minded Finance professional who can go beyond traditional accounting and reporting to provide strategic financial leadership, investment insight, strong financial controls and actionable business intelligence.

The successful candidate must be capable of working closely with the MD/CEO and subsidiary leadership teams to improve financial performance, manage risks, strengthen controls and support sustainable growth.

How to Apply

Qualified and interested candidates should apply using the link below: https://bit.ly/3TcQChj