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Financial and Cost Accounting Manager at Lagos Business School (LBS)

Posted on Wed 12th Feb, 2025 - hotnigerianjobs.com --- (0 comments)


Lagos Business School is committed to creating and transmitting management and business knowledge based on a Christian conception of the human person and of economic activity relevant to Nigeria and Africa at large. We strive to be a world class business school which will have a significant impact on the practice of management.

We are recruiting to fill the position below:

Job Title: Financial and Cost Accounting Manager

Location: Ajah, Lagos

Purpose of Position

  • The role oversees financial reporting, cost management, and compliance with financial regulations.
  • This role is critical in budgeting, financial planning, and cost control, providing insights that drive business decisions.

Essential Duties / Key Job Roles and Responsibilities
Include but are not limited to the following:

  • Oversee the preparation of financial statements and reports in compliance with accounting standards.
  • Develop and maintain cost accounting systems to track expenses and optimise financial performance.
  • Ensure accurate and timely recording of financial transactions.
  • Conduct variance analysis to identify cost-saving opportunities and efficiency improvements.
  • Prepare budgets, forecasts, and financial projections to support strategic decision-making.
  • Implement internal controls and ensure compliance with regulatory and financial policies.
  • Monitor and analyse cost structures to recommend improvements in financial efficiency.
  • Work closely with auditors to facilitate external and internal audits.
  • Provide financial insights and recommendations to senior management.
  • Supervise and mentor finance team members, ensuring accuracy and efficiency in financial operations.

Key Performance Indicators

  • Accuracy and timeliness of financial reporting.
  • Compliance with accounting standards and financial regulations.
  • Effectiveness of cost control and financial planning strategies.
  • Efficiency in budget preparation and financial forecasting.
  • Reduction in financial discrepancies and errors.
  • Implementation and adherence to internal financial controls.
  • Effective collaboration with auditors and regulatory authorities.
  • Development and training of finance team members.

Education

  • Bachelor’s degree in Accounting, Finance, or a related discipline from a reputable institution.
  • Professional certification (e.g., ICAN, ACCA, CPA) is required.

Experience:

  • Minimum of five years of experience in financial and cost accounting, with at least two years in a managerial role.

Competencies Required:

  • Financial Analysis & Reporting: Strong ability to analyse financial data and generate reports.
  • Cost Management & Optimisation: Expertise in cost accounting and financial efficiency strategies.
  • Regulatory Compliance: Knowledge of financial laws, regulations, and standards.
  • Budgeting & Forecasting: Ability to develop and manage budgets effectively.
  • Attention to Detail: High accuracy in financial reporting and analysis.
  • Problem-solving skills: Ability to identify financial challenges and implement solutions.
  • IT & Financial Software Proficiency: Proficiency in MS Office, accounting software, and ERP systems.
  • Leadership & People Management: Strong skills in team supervision and development.
  • Strategic Thinking: Ability to align financial planning with business goals.
  • Communication & Interpersonal Skills: Ability to communicate financial insights clearly to stakeholder.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV to: careers@lbs.edu.ng using the job title as the subject of the mail.


  

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