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Chief Financial Officer at Integrated Diagnostics Holdings - IDH

Posted on Mon 29th May, 2017 - hotnigerianjobs.com --- (0 comments)


Integrated Diagnostics Holdings - IDH - The largest medical diagnostics business in the Middle East and South Asia. Integrated Diagnostics Holding provides focused superior medical diagnostics services to more than 5 million patients annually through a network of 235 branches covering Egypt, Sudan, Jordan and Saudi Arabia. With over 3,000 group employees, It covers all specialties of laboratory diagnostics and offer customers a wide range of diagnostics testing services that will materially impact patient and community well being.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer

Location:
Nigeria

Job Description
Accountablities:
  • Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with (Egyptian GAAP & IFRS).
  • Develop, implement, and ensure compliance with internal financial and accounting policies and procedure.
  • Executing internal controls over the Group’s accounting and financial procedures.
  • Setting collection targets.
  • Reviewing accounts receivable aging reports and follow up on collections.
  • Review all supporting information for the annual audit with the approved external auditor.
  • Collaborating with auditing services to ensure proper compliance with all regulations.
  • Document and maintain complete and accurate supporting information for all financial transactions.
  • Making sure that policies and procedures are strictly applied.
  • Approve invoices “invoices with agreed upon floor” to be paid.
  • Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash.
  • Production of accurate and complete P&Ls, working capital and cash forecasts on a rolling basis, and analyse and communicate any material variances to Finance VP.
  • Reconcile bank and investment accounts; and manage cash flow.
  • Review the Group’s monthly results and implement monthly variance reporting as compared to budget.
  • Manage the Group’s cash flow and prepare cash flow forecasts in accordance with policy.
  • Coordinate with the tax advisor of the Group and prepare/review any schedules that are required for tax returns.
  • Maintain the renewals on the Group’s insurance policies.
  • Monitor the Group’s subsidiaries.
  • Participate as a member of the Finance Committee.
  • Support and develop staff within the Finance team.
  • Assist the Finance VP in presenting reports to senior executives, stakeholders, and board members.
  • Assist the Finance VP and the Treasury Manager with financial reporting as required at Board meetings and the Annual General Meetings and provide advice to support the decision making process.
Budget preparation:
  • Using the “Zero-Based” approach for budgeting, prepare the annual budget in consultation with the Executive Director and Treasurer and/or Finance Committee.
  • Assist staff with the preparation of budgets for funding applications.
  • Project management (activity centers) accounting
  • Provide accurate and timely reporting on the financial activity of individual projects/investments.
Desired Skills and Experience
  • Nigerian Nationals only
  • 10- 15 years of relevant experience in manfacturing listed companies is a must
  • Strong negotiation and conflict resolution skills
  • Analytical thinking, decision Making and problem Solving
  • Positive attitude and aptitude for change.
Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

  

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