"" MyNigerianJobs: SPREAD THE WORD! - Head of Financial Planning and Reporting

Monday, December 07, 2015

SPREAD THE WORD! - Head of Financial Planning and Reporting

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Our client is a fast growing Software group which has successfully created high growth technology companies in different sectors. The group focuses on delivering high impact technology solutions for emerging markets through a culture of entrepreneurship and innovation. Due to expansion, they now have an opening for Head of Financial Planning and Reporting

Reports to: Chief Operating Officer

Job Summary: 

The Head of Financial Planning and Reporting will be responsible for coordination of all Audits and Statutory evaluations for the organization. He/She will evaluate the company’s financial performance and funds creating a system of credible financial intelligence for the organization collaborating actively with all relevant parties, internal and external, to ensure the effective delivery of required results.

Key Responsibilities
  • Prepare and circulate financial reports (periodic and ad-hoc), in compliance with relevant standards, as may be required (Cost and Revenue treatments and recognition, Provisions, etc.)
  • Track the company’s financial performance as well as prepare and circulate weekly flash reports for management purpose
  • Create and maintain a robust Cash-Flow Management System, with an adequate alarm system
  • Flag and escalate all incidents of derailing financial performance, with clear facts and statistics, as soon as they arise.
  • Carries out all relevant reviews, analysis, interpretation and dimensioning of financial date to generate relevant insights and information for management
  • Recommend appropriate financing structure through a proper analysis of the market and all available instruments and options.
  • Develop financial management mechanisms that minimize financial risk;
  • Drive the company’s budgeting and financial modelling process, validating and full-proofing all assumptions and estimations.
  • Prepare the required variance analysis, periodic and ad-hoc
  • Responsible for the correctness and completeness of the company’s payroll computation, ensuring the most optimal payroll structure at all times 
  • Drive the monthly month-end closure process and procedure
  • Ensure the filing of all relevant reports and payments in strict compliance with relevant laws, standard and regulations (Taxes, Insurance, etc.)
  • Ensure that all required regulatory requirements are complied with, including but not limited to Insurance, Hedging instruments, among others
  • Ensure that all Bank Accounts are duly reconciled on a daily/weekly basis and that all reconciling items are cleared promptly
  • Develop external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue
  • Any other task that may be assigned from time to time

Key Requirements
  • Bachelor’s degree in Accounting, Banking and/or Finance or related discipline from any reputable institution
  • Accounting/Finance related certifications ACCA, ICAN, CFA, CPA
  • 5-7 years of general ledger accounting related experience
  • Good understanding of accounting principles and financial statements
  • ERP experience (SAP, Oracle or other) will be an added advantage
  • Strong collections and contract administration experience
  • Experience in a conglomerate or group setting; private equity or venture capital and in 1 or more of FinTech, financial services, payments or technology industries is an advantage

Please DO NOT APPLY if you DO NOT meet the requirements
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