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Finance and Accounting Manager at HReade Limited

Posted on Fri 01st Mar, 2024 - hotnigerianjobs.com --- (0 comments)


HReade limited is a human resource consulting company that began operations in 2008. Our solutions include recruitments, learning and development, outsourcing, HR strategy and organizational development.

We are recruiting to fill the position below:

Job Title: Finance and Accounting Manager

Location: Ikeja, Lagos
Employment Type: Full-time

Job Summary

  • Provides strategic direction with regard to the financials of the company, managing financial activities to ensure compliance and fiscal health.
  • Responsible for financial planning, budgeting, forecasting, financial analysis, and optimization of the company’s financial performance.
  • Ensures accurate and timely financial reports are provided, adherence to accounting standards, and providing financial results to the executive leadership team and relevant stakeholders.
  • Manages financial risks, implements effective cash management strategies, ensures remittance of relevant taxes as at when due, and coordinates internal and external audits.

Essential Job Functions
Accounting:

  • Generates organization-wide financial statements.
  • Ensures the general ledger, subsidiary ledgers, and other financial records and schedules are accurately maintained.
  • Maintains procedures to establish control and reporting of cash transactions, working floats, petty cash, etc.
  • Supervises and ensures successful tax filing and annual returns to regulatory bodies.
  • Provides analysis of budgets and cash flow schedules and computes related reports including projected profit & loss, balance sheet, cash flow statements, and budget performance across individual projects.
  • Monitors and manages all expenses within the allocated budget.
  • Manages accounts receivables across each business segment.
  • Tracks invoices from clients in conjunction with the commercial department.
  • Provides accounting support to the other business units.

Finance:

  • Analyses business operations and market trends to project future revenues and expenses.
  • Makes recommendations on investment opportunities and strategies for business growth.
  • Drafts and designs financial strategies to minimize financial risk.
  • Conducts, reviews, and evaluates cost reduction opportunities and drafts long-term business plans based on these reports.
  • Evaluates and implements internal control structure and identifies ways to improve financial efficiency.
  • Ensures that the organization is compliant with statutory bodies.
  • Provides recommendations to management on weaknesses and strengths of the organization by carrying out business analysis.
  • Prepares monthly, quarterly, and yearly management and financial reports for the organization.
  • Prepares external reports to be shared with commissions and regulatory bodies on the financial status of the organization and shares with management for approval.
  • Leads the budget development for the company yearly.
  • Advises managers on current budgetary information and assists in developing fiscal strategies aligned with organizational goals.
  • Develops appropriate KPIs to monitor and drive financial performance for the organization and shares with management for approval.

Leadership:

  • Coordinates, directs, and supervises the day-to-day activities of the department and ensures alignment with the overall goals and objectives of the department and the company.
  • Oversees the review and articulates the company’s finance and accounting strategy to ensure alignment with the corporate strategies, business goals, and objectives.
  • Demonstrates ownership of and communicates the department’s strategic direction and objectives to all staff in the department.
  • Provides leadership and strategic direction to the members of the finance and accounting department to facilitate the achievement of the department’s targets.
  • Institutes policies and procedures capable of protecting business resources against waste, fraud, and inefficiency.
  • Maintains an effective involvement and understanding of the business to contribute to key business decisions within the company through financial advice and expertise.
  • Provides support, service, and advice in all finance matters to the company’s leadership team.
  • Performs other tasks as assigned by the CEO.

Education Qualifications

  • Bachelor’s Degree in Finance, Accounting, or related discipline from a reputable and accredited university.
  • Masters/MBA is an added advantage.
  • Professional certification in at least one of the following – ICAN, CFA, CITN, ACCA, ACA is required.

Work Experience:

  • 5 - 7 years’ of experience in finance and accounting.
  • Experience in the energy industry is an added advantage.

Knowledge Requirements:

  • Proficient in the use of Microsoft Office tools.
  • Proven competency in managing teams to achieve business objectives.
  • Extensive financial and accounting knowledge, including in-depth understanding of finance best practices, and international and Nigerian financial and accounting reporting standards.
  • Knowledge of International Financial Reporting Standards (IFRS).
  • Good understanding of financial trends and marketing patterns.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.


  

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