DP World - We exist to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally. With a dedicated, diverse and professional team of more than 108,100 employees spanning 74 countries on six continents. We are pushing trade further and faster towards a seamless supply chain that’s fit for the future. We’re rapidly transforming and integrating our businesses - Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.
We are recruiting to fill the position below:
Job Title: Director, Finance
Location: Lagos
Job Function
To provide finance support and lead the operating company in the formulation, execution and continuous evaluation of its short-term and long-term financial strategy.
Key focus is on taking accountability for the overall financial health through planning, analysing, advising and reporting on financial strengths and weaknesses in pursuit of improved financial performance.
Manage the finance operations in alignment of the objectives for MDS Logistics, whilst leading others and overseeing the financial operations.
Key Performance Areas
Monthly analysis of the financial performance of the operating company compared to budget expectation and prior financial periods
Manage the financial position of the operating company with the objective of maximizing profitability and return on invested capital
Ensure compliance to the Limits of Authority.
Ensure accurate and timeous financial reporting to the operating company executive committee and other stakeholders
Provide guidance to executives in the operating company to ensure strategic and financial reporting objectives are met
Quarterly reporting of internal controls.
Internal management packs and dashboards.
Tax administration and compliance including submission of relevant returns to revenue authorities.
Maintaining fixed asset register.
Co-ordinate and assist with the internal and external audit process.
Identifying and managing risk (financial and non-financial) throughout the operating company along with Imperial’s risk department
Annual review of insurance polies
Responsible for ensuring that efficient internal controls are implemented and maintained throughout the operating company
Provide ad-hoc projects and reports as required.
Manage overall financial functions.
Manage cash flow proactively to ensure operating company and group objectives are achieved
Manage working capital, treasury and foreign currency
Assist fully with the implementation of the One Finance Solution
Consolidate, analyse and report on financial performance as well as corrective, preventative and improvement initiatives required to achieve financial strategies.
Review, analyse and then draw insights to assist operational performance
Drive the timeous and accurate completion of the budgeting and forecasting processes.
Drive and manage the cost savings initiatives within the operating company
Develop, implement and ensure compliance with the group’s financial processes, policies and disciplines.
Continuous improvement of internal financial and operational processes
Prepare and / or coordinate monthly flash reports.
Manage and implement new accounting standards within the operating company.
Update customer profitability data monthly and report on underperforming contracts.
Periodic balance sheet reviews to ensure accuracy of operating company’s financial position.
Ensuring that funding structures in the operating company are optimal and aid businesses in motivating funding requirements to the Asset and Liability Committee.
Oversee foreign exchange management by ensuring foreign currency related exposures are addressed in accordance with Imperial guidelines.
Capital allocation decisions to be thoroughly assessed including capex and investment decisions; buy vs lease decisions to be properly assessed.
Analyse and advise on possible growth opportunities – including acquisitions and opportunities that require large capital investment
Periodical analysis of client profitability (operating profit in relation to invested capital)
Preparation and consolidation of operating company budgets
Co-ordinate whistle blower and tips offs investigations within the operating company.
Will be involved in mergers and acquisitions, from due diligence to contractual stage, and disposals from time to time.
Work alongside members of integration team on IT implementations and system developments.
Integrate and align multiple value chain functions based on internal and external client requirements as well as market trends and other business intelligence.
Review and advice on management decisions to ensure optimal impact on the financial success of the operating company.
Align people's performance goals to support the achievement of the strategy.
Support and empower people that design and implement change within multiple value chain functions.
Manage talent and succession.
Development and personal growth of financial managers and executives in the division
Implement and manage workforce planning, recruitment, learning and development, performance management, reward and recognition and employee relations to ensure an optimal working environment.
Qualifications
Candidates should possess an HND / BSc in Accounting
Preferably an ICAN (Chartered Accountant of Nigeria), alternatively a CA(SA) qualification
Experience and Skills Required:
Minimum of 8-10 year in various aspect of accounting with 5 years in Leadership role in a similar environment.
Inherent understanding of the Nigerian Finance and Tax Legislation
Strong Commercial Analysis skills – cost modelling exercises and analysis
Strong process driven skill set to ensure governance compliance
Goal orientated, focused on meeting key deliverables within stipulated timeframes
Prior experience in leading, building and inspiring teams
Advanced legal compliance knowledge / skill
Advanced financial management knowledge / skill
Advanced financial planning knowledge / skill
Advanced budgeting and cost management knowledge / skill