Head of Finance at a Shipping and Marine Company - Petit Debut

HR Recruiting and Consulting Company - Our client, a key player and rapidly growing Company in the Shipping and Marine sector, is recruiting to fill the position below:

Job Title: Head of Finance

Location: Lagos

Job Summary

• The role holder is accountable for the financial and risk management operations of the Organisation.
• The HoF will analyse the financial stability of the Company and provide financial information to the board and Executive Management.
• They will have primary day to day responsibility for planning, implementing, managing and controlling all financial related activities of the BPDW.
• This will include direct responsibility for accounting, financing, forecasting, and strategic planning.

Working Relationships:

• Reporting To: Managing Director/CEO
• Direct Reports: Finance & Accounting Team
• Internal: All Departments & Business Units
• External: Customers and Vendors, Banks, Government and Statutory Organisations, External Advisors.

Areas of Responsibilities
Planning:

• Assist in formulating the company's future direction and supporting tactical initiatives
• Monitor and direct the implementation of strategic business plans
• Provides leadership in the development and continuous evaluation of short and long-term strategic financial objectives.
• Provide management with advice on the financial implications of business activities.
• Manage the capital request and budgeting processes
• Develop performance measures that support the company's strategic direction

Operations:

• Participate in key decisions as a member of the management team
• Maintain in-depth relations with all members of the management team
• Oversee the accounting function, ensuring compliance with local and international accounting standards and regulations departments
• Oversee the company's transaction processing systems
• Implement operational best practices
• Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package

Financial Information:

• Oversee the issuance of financial information
• Report financial results to Executive Management
• Prepare reports on costs, productivity, margins and company expenditures
• Preparing the monthly profit and loss, and balance sheet reports
• Tax reporting and inventory processing
• Collecting and analysing data, used in the preparation of weekly and monthly estimates
• Advising on estimates for project funding
• Creating KPI reports
• Preparing weekly cash flow statements and controlling expenditure
• Oversee the preparation of year-end accounts and statutory accounts
• Oversee the provision of periodic performance reports

Funding:

• Monitor cash balances and cash forecasts
• Arrange for debt and equity financing to secure adequate liquidity for the business
• Optimize returns on Company’s assets and invest free funds

Third Parties:

• Maintain banking relationships
• Successfully Represent the company with external agencies and clients

Person Specification
Behavioral:

• An organised and assertive individual who is proactive, creative, and resourceful.
• An outstanding leader, team player and self-starter, able to work on own initiative without supervision.
• The ability to be flexible and responsive to changing priorities.
• Effective negotiating and contract management skills
• Ability to be self-directed, take ownership, and see projects to completion in a timely manner.
• Great at staying calm and diplomatic under intense pressure.
• Able to work within a secure and confidential environment, maintain confidentiality and demonstrate tact and diplomacy at all times.
• Clear verbal communicator
• Able to work accurately with excellent attention to detail at all times.
• Able to develop excellent working relationships both internally and externally.
• Excellent organisational skills.
• Demonstrates strong interpersonal skills and a professional manner.

Technical:

• Bachelor’s degree or equivalent qualification, with ACA or ACCA
• Minimum 10 years’ post qualification experience, plus minimum 5 years in Management position
• Experienced Microsoft Office Suite User with expertise in Excel and Power Point
• Ability to use various accounting software effectively

Application Closing Date
14th August, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the job title as the subject of the mail.