Head, Finance & Corporate Planning at Triumph Power & Gas Systems Limited

Triumph Power and Gas Systems Limited is an energy service company whose range of services cut across diverse areas of power, oil & gas and the industrial sector. Our head office is in Lagos, Nigeria and we have alliances with Original Equipment Manufacturers globally. We employ an innovative approach to our operations, to deliver value creating solutions to our customer’s business.

We are recruiting to fill the position below:

Job Title: Head, Finance & Corporate Planning

Location: Lekki, Lagos

Job Summary

• Accountable for setting the strategy and driving the delivery of the daily operation of the finance function, including treasury, budgeting, auditing, tax, accounting, capital purchasing, risk management, long-term forecasting and insurance activities.
• Guiding senior executives in making sound business decisions in the long and short term.

Duties & Responsibilities

• Business partnering with relevant managers within the company in order to provide financial support and information
• Overseeing preparation of the management accounts pack, inclusive of the monthly P&L and balance sheet Proficiency in SAP Business one
• Preparation of statutory accounts
• Accountable for setting the strategy and driving the delivery of the daily operation of the finance activities, including treasury, budgeting, auditing, tax, accounting, capital purchasing, risk management, long-term forecasting and insurance activities
• Deliver recommendations relating to financial and tax considerations of investments, as well as other business transactions
• Ensure financial reports on SAPB1 up to date
• Assume super user status for SAPB1
• Oversee the company’s accounting systems and procedures, and ensure they are up-to-date and in compliance with all applicable statutory and regulatory requirements
• Provide advice and review across the function related to compliance with appropriate statutory and regulatory requirements
• Produce annual budgets by November 30th every year
• Monthly Management and performance monitoring reports
• Liase with Auditors to ensure annual audits are done in time to avoid any penalties
• Financial management, including the preparation, issue and filing of quarterly and annual audited financial statements and reports
• Manage and track the company’s funds, assets and investments, and periodically issue reports on current and projected financial conditions
• Analyse general business and financial conditions to assess their impact on the company’s policies, operations and profitability
• Identify and secure project financing, including negotiation, structuring and documenting packages and agreements
• Identify and implement interventions to minimise the company’s tax liabilities
• Leadership and mentoring of a high-performance team
• Manage cash balances and ensure cash flows are adequate to allow business unit to operate effectively
• Forecast cash payments and anticipate challenges arising from limited cash flow
• Maintain relationships with banks and negotiate interest rates on deposits, APGs and bonds for various projects within business units
• Work closely with the Managing Director to prepare budgets and track profit / loss performance of business unit on consolidated basis
• Liase with Tax authorities /consultants to achieve efficient tax structure and prompt returns to avoid penalties
• Organise annual audits
• Ensure compliance with all regulatory bodies both financial and operational
• Identify new business opportunities and report on this
• Ensure adequate funding for company operations and growth plans
• Produce monthly financial statements, cashflow statement, bank reconciliation, Performance ratios and Age analysis reports
• Ensure optimal Corporate financial structure
• Review all transactions for adequate financial return and risk mitigation.
• Ensure adequate funding for company operations and growth plans
• Complete tax filings and deal with matters relating to the FIRS and IRS of various states.
• Maintain a system of policies and procedures that impose an adequate level of control over the activities of the finance department.

Education & Experience

• First Degree in Accounting or Finance or any related discipline
• Masters degree in Finance or related discipline is desirable
• Professional certification from a recognized Accounting Body (ICAN, ACCA, CIMA, CPA)
• Minimum of 5 years Accounting or Finance experience managing the financial accounts of a company
• Knowledge of projects management /costing - capital budgeting/cash flow/funds flow analysis
• Understanding of bid management, tendering and project costing principles, with analytical and interpretive abilities
• Proficient with statutory provision with respect to the tax management, pension & other relevant statutory requirement.

Knowledge:

• Accounting & Finance
• Asset Management
• Business Process Improvement
• Cashflow Management
• Financial Reporting
• Payroll Management
• Tax Management
• Budgeting
• Commercial and business awareness
• Procurement and Supply Chain Management

Skills / Physical Competencies:

• Analytical skills
• Negotiation skills
• People Management
• Good communication skills
• Management skill
• Change management
• Report writing skills
• Interpersonal skills
• Relationship Management
• Good time-management skills
• Eye for details

Behavioural Competencies:

• Integrity
• Fairness
• Consistent
• Accuracy
• Independent
• Financial Intelligence

Quality / Technical Competencies:

• Proficient with MS Office applications.
• High proficiency in MS Excel
• Computer and Information technology appreciation
• Proficiency in SAP Business one.

Application Closing Date
31st November, 2021.