KPMG Nigeria - Our client, a top-tier full-service Law firm that provides world-class legal services to local and international clients, is recruiting suitably qualified candidates to fill the position below:
Job Title: Head of Finance
Location: Lagos, Nigeria
Overview
- This role is responsible for helping secure the company's long term financial sustainability through sound and risk-conscious financial, investment and treasury management and control practices.
- The role provides strategic leadership and coordination to the Finance Department to achieve optimisation of financial resources and reduction of financial exposures, thereby maximizing returns on investment.
Detailed Job Description
- Formulates, updates and drives the delivery of the firm’s finance and investment strategy, policies and processes
- Engages the Managing Partner, Heads of Practice areas and other Partners to develop short, medium and long term financial plans and projections
- Takes responsibility for monitoring the external environment for developments, their financial implications for the business, potential financial risk factors and exposures and advising leadership as appropriate
- Coordinates the budget preparation process by taking into consideration annual financial goals, trends, projections and expected revenues
- Ensures the preparation and submission of financial statements, financial reports and management reports at the appropriate time
- Establishes measures and controls to ensure that all financial transactions are accurately captured and reported
- Recommends financial policy, procedure and system improvements to the Partners, and drives effective implementation
- Develops and maintains appropriate tax structures in compliance with statutory regulations and ensures prompt payment of tax, insurance premiums and other statutory fees and/or remittances
- Identifies, appraises and advises leadership on viable and efficient options for maximising the firm’s funds
- Manages investment assets to achieve optimal application and growth of funds
- Manages the firm’s liquidity and cash flow to ensure availability of funds for the practice
- Develops and manages key relationships with relevant bodies/contacts e.g. regulatory authorities, auditors, financial institutions and tax authorities
- Establishes sound standards and procedures for internal and third party payments
- Oversees the establishment of an effective debtor management system and policies
- Reviews and approves the monthly payroll
- Reports periodically to Practice Area Leaders and the Managing Partner on the financial performance of practice areas and the firm
- Advises Partners on proposed projects financials, changes in financial regulations and /or market trends and their implications for the business
- Engages with external auditors to ensure the annual audits are effectively conducted in line with agreed timelines
- Provides assistance, support and training to staff and practice areas in areas of budgeting, billing, collections, forecasting, variance analysis and financial management
- Sets and drives the execution of performance standards, goals and targets for Finance staff
- Coaches Finance staff to deliver on their own performance goals and engages with HR to facilitate implementation of their approved development plan
Required Qualifications and Experience
- Good first degree in Accounting, Finance, Economics or any business discipline
- Relevant professional certifications e.g. Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA), Chartered Financial Analyst (CFA) or equivalent
- Minimum of 12 years relevant post-qualification experience, with at least 4 in a management role in a reputable organisation
Key Performance Indicators:
- Budget and Planning
- Strategic Business Support
- Financial Reporting
- Financial Controls
- Relationship Management
- Tax Compliance
- Treasury Management
Application Closing Date
Not Specified.
Method of Application
Interested and qualified candidates should:
Click here to apply online