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Finance Manager
Duff and Meadows Limited
Accounting, Auditing & Finance
Lagos Full Time
Construction NGN 600,000 - 900,000
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Job Summary
The finance manager will take on a critical role in ensuring the company’s financial health and strategic growth. This individual will be tasked with not only managing the company's finances but also strategically mitigating risks associated with foreign exchange volatility and managing the treasury function to optimize returns on idle cash.
- Minimum Qualification : Degree
- Experience Level : Executive level
- Experience Length : 5 years
- Working Hours : Full Time
Job Description/Requirements
Responsibilities:
- Prepare financial statements such as balance sheets, income statements, and cash flow statements.
- Develop robust financial strategies in line with the company’s business objectives.
- Prepare comprehensive budgets, financial reports, and projections to guide business decision-making.
- Ensure strict compliance with financial regulations and standards.
- Manage cash flow and oversee transactions while regularly evaluating internal reports.
- Lead the finance department staff, fostering a culture of continuous improvement and professional development.
- Conduct thorough market trend analysis to forecast financial risks and opportunities.
- Provide strategic recommendations on portfolio diversification and foreign exchange risk hedging.
- Oversee the management of corporate funds, ensuring liquidity for operations while optimizing returns on idle cash through effective treasury management.
- Collaborate with external auditors during annual audits to ensure full transparency and compliance.
- Implement policies and procedures that minimize financial risks, particularly in relation to forex exposure due to Dollar-Naira fluctuations. Overall company debt management and retrieval.
Requirements:
- A minimum of a bachelor’s degree in accounting, finance, economics, or a related field.
- A minimum of 5 years of progressive experience in financial management.
- Proven experience in preparing and analyzing financial statements, including balance sheets, income statements, and cash flow statements.
- In-depth knowledge of financial regulations, accounting principles (IFRS, GAAP), and compliance standards.
- Strong budgeting, forecasting, and financial planning skills with the ability to provide data-driven insights.
- Expertise in treasury and cash flow management, ensuring liquidity and optimal returns on corporate funds.
- Solid understanding of debt management, loan servicing, and receivables recovery processes.
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