Impact Pointe Consultancy Limited (IPCL) holds the distinction of being a social impact consultancy focused on creating mutual benefits for public and private actors to scale social impact solutions by maximizing access to the financial and technical assistance needs of clients. IPCL is committed to delivering profit and creating wealth for disadvantaged and disconnected parts of the economic and business landscape which are an impetus for change. While driving detailed focus and actions in the three key areas of Agriculture, Education and Social Impact & Sustainability, IPCL is committed to providing support in adjacent and connected areas in order to birth partnerships towards the creation of inclusive and multidimensional wealth in Nigeria and beyond.
We are recruiting to fill the position below:
Job Title: Finance Manager
Location: Abuja (FCT)
Employment Type: Full-time
Main Function
The Finance Manager will be responsible for supervising, planning, and coordinating the activities of a variety of finance and accounting services for the organisation.
This includes general accounting/bookkeeping, accounts receivable, accounts payable, payroll, fixed assets management and budgeting.
Role Responsibilities
Provide overall strategic and tactical leadership:
Flexible and is willing to perform varying duties depending on the shifting needs of the IPCL and its staff members
Preparation of timely and accurate financial statements and annual reports
Maintenance and documentation of accounting procedures & policies
Preparation /managing annual budgets and forecasts
Ensuring compliance with statutory law and tax regulations
Review all financial plans and budgets regularly to look for cost reduction opportunities
Establish and implement financial reporting systems to comply with government and accounting regulations and legislation
Measuring company performance against external and internal benchmarks
Ensure that all financial transactions are properly recorded, filed, and reported
Create monthly and annual reports to identify results, trends, and financial forecasts
Cash flow management
Debt management and collection
Developing financial reviews and providing investment advice
Maintaining relationships with internal /external auditors and banks
Oversee Financial Systems and external providers of systems management and system upgrades
Identifying areas to improve business efficiencies and reduce costs
Team Management including mentoring and staff development
Working closely with Executive Leadership team to deliver reports, analysis findings, potential risk areas and forecast opportunities
Verifying balances in account books and rectifying discrepancies
Managing day-to-day transactions
Carry out bank reconciliations on a regular basis
Recording office expenditures and ensuring these expenses are within the set budget.
Project Accounting Function:
Create project accounts in the accounting system
Maintain project-related records, including contracts and change orders
Authorize access to project accounts
Authorize the transfer of expenses into and out of project-related accounts
Review and approve supplier invoices related to a project
Review and approve timesheets for work related to a project
Review and approve overhead charges to be applied to a project
Review account totals related to project assets and expenses
Investigate project variances and submit variance reports to management
Confer with receivables staff regarding unpaid contract billings
Report on project profitability to management
Report to management on any opportunities for additional billings
Report to management regarding the remaining funding available for projects
Create or approve all project-related billings to customers
Investigate all project expenses not billed to customers
Respond to requests for more detail from customers
Approve the write-off of any project-related billings that cannot be billed to or collected from customers
Closeout project accounts upon project completion
Create and submit government reports and tax returns related to projects
Compile information for internal and external auditors, as required.
Documenting and Reporting:
Monthly, quarterly, semi-annual, annual and other program and financial reports prepared and in placed and documented in time aligning with project design and donor requirement
Develop reports as and when required
Maintain database management in Horizon for Project as per requirement
Qualitative reporting and implementations models ensured
Capture evidence of good practices on a regular basis.
Experience / Qualifications
Degree in Accounting, Economics, Management or related discipline, plus a recognized professional accounting qualification (i.e., ACA, ACCA or Equivalent)
Minimum of 5 years post-graduation experience out of which a minimum of 3 years should have been in a Finance function
Experience managing client relationships to grow revenue and customers environment within accounts
Any experience with the project management marketplace is Essential advantageous