Triumph Power and Gas Systems Limited is an energy service company whose range of services cut across diverse areas of power, oil & gas and the industrial sector. Our head office is in Lagos, Nigeria and we have alliances with Original Equipment Manufacturers globally. We employ an innovative approach to our operations, to deliver value creating solutions to our customer’s business.
We are recruiting to fill the position below:
Job Title: Head, Finance & Corporate Planning
Location: Lagos
Job Summary
Accountable for setting the strategy and driving the delivery of the daily operation of the finance function, including treasury, budgeting, auditing, tax, accounting, capital purchasing, risk management, long-term forecasting and insurance activities. Guiding senior executives in making sound business decisions in the long and short term.
Duties & Responsibilities
Business partnering with relevant managers within the company in order to provide financial support and information
Overseeing preparation of the management accounts pack, inclusive of the monthly P&L and balance sheet Proficiency in SAP Business one
Preparation of statutory accounts
Accountable for setting the strategy and driving the delivery of the daily operation of the finance activities, including treasury, budgeting, auditing, tax, accounting, capital purchasing, risk management, long-term forecasting and insurance activities
Deliver recommendations relating to financial and tax considerations of investments, as well as other business transactions
Ensure financial reports on SAPB1 up to date
Assume super user status for SAPB1
Oversee the company’s accounting systems and procedures, and ensure they are up-to-date and in compliance with all applicable statutory and regulatory requirements
Provide advice and review across the function related to compliance with appropriate statutory and regulatory requirements
Produce annual budgets by November 30th every year
Monthly Management and performance monitoring reports
Liase with Auditors to ensure annual audits are done in time to avoid any penalties
Financial management, including the preparation, issue and filing of quarterly and annual audited financial statements and reports
Manage and track the company’s funds, assets and investments, and periodically issue reports on current and projected financial conditions
Analyse general business and financial conditions to assess their impact on the company’s policies, operations and profitability
Identify and secure project financing, including negotiation, structuring and documenting packages and agreements
Identify and implement interventions to minimise the company’s tax liabilities
Leadership and mentoring of a high-performance team
Manage cash balances and ensure cash flows are adequate to allow business unit to operate effectively
Forecast cash payments and anticipate challenges arising from limited cash flow
Maintain relationships with banks and negotiate interest rates on deposits, APGs and bonds for various projects within business units
Work closely with the Managing Director to prepare budgets and track profit / loss performance of business unit on consolidated basis
Liase with Tax authorities /consultants to achieve efficient tax structure and prompt returns to avoid penalties
Organise annual audits
Ensure compliance with all regulatory bodies both financial and operational
Identify new business opportunities and report on this
Ensure adequate funding for company operations and growth plans
Produce monthly financial statements, cashflow statement, bank reconciliation, Performance ratios and Age analysis reports
Ensure optimal Corporate financial structure
Review all transactions for adequate financial return and risk mitigation.
Ensure adequate funding for company operations and growth plans
Complete tax filings and deal with matters relating to the FIRS and IRS of various states.
Maintain a system of policies and procedures that impose an adequate level of control over the activities of the finance department.
Education & Experience
First degree in Accounting or Finance or any related discipline
Masters degree in Finance or related discipline is desirable
Professional certification from a recognized Accounting Body (ICAN, ACCA, CIMA, CPA)
Minimum of 5 years Accounting or Finance experience managing the financial accounts of a company
Knowledge of projects management /costing - capital budgeting/cash flow/funds flow analysis
Understanding of bid management, tendering and project costing principles, with analytical and interpretive abilities
Proficient with statutory provision with respect to the tax management, pension & other relevant statutory requirement.