Head of Finance at KPMG Nigeria

Posted on Sun 29th Apr, 2018 - hotnigerianjobs.com --- (0 comments)

KPMG Nigeria - Our client is a formal retail outlet who offers its customers a world class shopping experience. In line with its desire to ensure that strategic roles are filled by best-in-class talent with the requisite experience and desired attributes, our Client seeks to recruit an experienced and motivated individual to fill the role of:

Job Title: Head of Finance

Location: Lagos

Detailed Job Description

The Head of Finance will provide relevant strategic performance, accounting, cost control, tax and other financial management information and leadership to meet the needs of the board, management, regulatory authorities and other recognized stakeholders.
The ideal candidate will be expected to have perform the following responsibilities:

Responsibilities

Support the CEO in reporting to the board of directors and its three board level committees.
Drive the Strategic Planning and Budgetary Process including translating strategic objectives into Key Performance Indicators (KPI’s) and Key Risk Indicators (KRI’s) for all staff.
Set operational objectives and goals for the units in the group and ensure achievement of set objectives by implementing balanced scorecard reporting.
Assist management in formulating business support policies that maximise the market value of the company and minimise its risk profile.
Oversee all financial and accounting functions/ services in support of the operations including but not limited to:
- Prepare monthly financial statements in line with IFRS
- Review Trial Balance, Journals and Payment Vouchers
- Prepare and review Stock/Inventory reconciliations
- Prepare and review bank reconciliations
- Undertake Tax Management and Planning
- Checking and signing of advices and funds transfer documents
- Preparation of budget and monthly budgetary controls reports
- Prepare monthly profitability reports and chair the meeting for monthly review of profitability and corrective action planning.
- Prepare required returns for FIRS, LIRS, and NSITF etc.
- Relate with Account and Tax Auditors for annual audits
Manage vendor payments as well as act as a signatory for business transactions and approve operating expenses within authorized limit
Manage the working capital of the company with special reference to creditors, inventory and debtors
Liaise with bankers, financiers and consultants as the need arises
Undertake treasury management by the development of investment proposals and advise the CEO on the best ways of investing surplus funds to grow the business in addition to capital resource planning
Ensure maximum efficiency and cost control in business administrative operations in order to minimise cost and maximise returns on investment
Ensure effective financial planning, accounting and cost control for the company
Prepare other ad-hoc reports as may be required
Contribute to customer needs identification and the development of new products to meet such needs
Establish performance objectives and targets for team members
Monitor and evaluate the performance of the department and of team members
Communicate with departmental staff on relevant business and corporate matters through regular meetings
Participate actively in Management Committee meetings and other management bodies
Provide on-the-job coaching for staff and ensure that other training needs of staff are identified and addressed
Prepare staff performance appraisals objectively and promptly
Perform other duties as assigned by the CEO

Qualifications

First degree in Engineering, Finance or Business and Numerate related discipline
Professional accounting qualification (e.g. ICAN, ACCA, ACA, ACMA, CFA or CPA)
Minimum of 10 years post qualification experience in a retail distribution or FMCG firm
Minimum of 5 years in senior management capacity
Effective managerial and leadership skills.
Excellent interpersonal skills with ability to communicate effectively.
Knowledge of the Balanced Scorecard as a Performance Management Tool
Strong strategic thinking and planning skills.
Experience with MS Dynamics AX is an added advantage
Strong accounting, audit, business analysis and financial management skills
Good negotiation skills.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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