Vice President (VP), Finance at Arik Air Nigeria

Arik Air is a customer-focused airline that offers consistently outstanding services to both business and leisure travellers. We have earned a reputation for providing "the best care in the air". Industry experts have awarded us for delivering outstanding services. No airline does it in the unique Arik way.

Arik Air offers opportunities for employment in administrative, professional, technical and airline-specific disciplines, irrespective of the level or area of responsibility, each employee contributes to the growth and success of our airline. We believe that individuals score goals, but ultimately "the team wins the game".

If you feel you have these values, a drive to excel in the performance of your job duties and would like to be part of the Arik team, please submit an application for one of our open positions. We welcome the opportunity to bring enthusiastic new people aboard. At Arik Air, you will become part of a heritage of great achievement with a future of even greater promises.

We are recruiting to fill the position of:

Job Title: Vice President (VP), Finance

Location: Lagos
Department: Finance
Reporting to: SVP-Finance, GM-Finance (Based in London)

Primary Objective

• The Vice President (VP), Finance is a key leadership and executive position within the organization.
• We are seeking a person, who is a great problem-solver and can add value to the Finance team.
• Additionally, this role will provide regular financial reporting to the executive team, responsible for keeping Vendor and Tax accounts up to date.
• This will be a “hands-on”, high-profile role with an opportunity to make a significant impact on a rapidly growing company.
• The ideal candidate will have exceptional analytical skills, a solid understanding of accounting principles and the aviation industry.

Principal Accountabilities and Responsibilities

• Manage the general ledger and prepare monthly financial statements and forecasts.
• Oversee the preparation of monthly management reports.
• Monitor actual financial results vs. budget, highlighting key variances for management.
• Implement all necessary policies and procedures and improve our internal controls.
• Manage annual audit including writing financial statements and accompanying notes.
• Manage inter-company reporting and consolidation of accounts between them.
• Develop, recommend, implement, monitor, apply, coordinate, and manage the policies and procedures to govern the accounting and reporting for subsidiaries of the company (domestic and international).
• Prepare monthly, quarterly and annual reports for the Board.
• Enhance internal controls by ensuring that processes are in place to safeguard cash.
• Support the SVP of Finance in overseeing the accounting department and audit functions.
• Review reports to analyze projections of sales and profit against actual figures, budgeted expenses against final totals, and suggests methods of improving the planning process as appropriate.
• Analyze company operations to pinpoint opportunities and areas that need to be reorganized, down-sized, or eliminated.
• In conjunction with others, study long-range economic trends and project company prospects for future growth in overall sales and market share, opportunities for acquisitions or expansion into new disciplines.
• Estimate requirements for capital.
• Support the SVP-Finance in supervising accounts payable and receivable.
• Ensure that all personnel that need to use the Company’s MIS software are properly trained to use it and have access to their reports.
• Keep the company’s business licenses compliant in all jurisdictions in which it does business.
• Ensure that the company files timely and accurate tax returns (federal, state, county, city, sales tax, etc.)
• Prepare policies and procedures, as needed, with regard to audits by various taxing agencies, clients, internal, etc.
• Assist company legal staff in the defense of litigation through periodic meetings.
• Maintain all project, discipline, and company-wide financial planning systems, and reporting.
• Responsible for the company payrolls.
• Participate in the selection of company-provided employee benefits.
• Assist senior Management with selection of locations for office leases and participates in the financial negotiations for same. Also responsible for tracking lease notice and expiration dates.
• Train/assign training for accounting staff, who are responsible for accounts payable, accounts receivable, and payroll.
• Monitor performance of the accounting department. Provide prompt and objective coaching and counseling.
• Responsible for financial planning and the development of budgets.
• Maintain knowledge of activities and plans of operating and administration divisions.
• Other tasks as required by management.

Person Specifications

• Bachelor's Degree in Finance or Accounting required. Certified Public Accountant (CPA) or Certified Financial Analyst (CFA) desirable. Master's Degree in Finance or Accounting preferred.
• A minimum of 15 years of combined accounting and finance including at least 10 years of experience with planning, compliance and reporting activities associated with a publicly-held company. Experience working with a multinational corporation is strongly preferred.
• Knowledge of IFRS
• Must be located in Lagos with a minimum 25% to travel among different office locations as required.
• Demonstrate management and financial skills in dealing with all phases of business operations.
• Leadership and communications skills to supervise and mentor accounting, and other company staff.
• Proficiency in MS Office Applications and SAGE ERP other ERP software comparable to Oracle, etc.
• Must be able to exercise a keen awareness of the legal implications of disclosing material company information; ongoing awareness of trends in senior Management's thinking; ongoing familiarity with both industry and company activities; and an ongoing knowledge of stock market and financial trends.
• Excellent financial and business judgment skills; business acumen and ability to provide financial and business advice to all levels of Management and the Company’s Board.
• Motivated to work in a fast-paced environment, to move things forward, to meet stringent timelines, and to handle multiple demands simultaneously.
• Must possess excellent communication and interpersonal skills and the ability to work with a wide range of people with varying degrees of financial exposure. Understanding and articulation of the Company's financial position and strategic activities is essential.
• Independent and creative problem solving skills are required.
• Ideal candidate will also have broad-based financial background, including experience with financial planning and analysis, forecasting and budgeting.
• Fluency in English (written and oral).

Working Relationship

• Reporting directly to SVP-Finance; the VP will also have to work with the GM-Finance in London on a day-to-day basis. Will also have to work with the Executive Management and direct reports such as Managers, Supervisors and Account Officers in the Finance Department.
• Federal, State and Local Tax and Regulatory authorities such as FIRS, NCAA, FAAN.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should send their CV's to: [email protected]
Or
Click here to apply online