Head of Financial Reporting at Vine Concepts

Vine Concepts is recruiting suitably qualified candidates to fill the position below:

Job Title: Head of Financial Reporting

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Description

• Provide strategic supports to the CFO in achievement of the Corporation’s objectives
• Ownership of the preparation of the consolidated monthly management accounts
• Directs & oversees the preparation & distribution of all periodic statutory financial statements for external use
• Manages theCorporation’s external auditors in carrying out statutory audit of the Group. Responding to Auditors queries promptly and accurately to ensure successful completion of audit within the agreed timelines
• Prepare quarterly GMD Board report.
• Analyse and deliver quarterly Finance board update report/papers
• Ensure prompt rendition of financial performance returns to Nigerian Stock Exchange (NSE), Securities and Exchange Commission (SEC), Financial Reporting Council of Nigeria (FRC), ensuring documentation complies with regulations, professional standards
• Analyse, research, and conclude on new & proposed accounting standards, reporting & disclosure standards, prepares memorandum regarding theCorporation Plc’s position and impact on the Company
• Plays a critical role in supporting the implementation of various financial information systems
• Reviews & Manages SLAs
• Responsible for strategic focus on Group tax governance, oversight, compliance monitoring, tax planning & reporting
• Responsible for designing the Group Tax Operating Model which should effectively result in cost savings for the Group in the short, medium, and long-term
• Simplified and efficient compliance monitoring, reporting and transparency across the Group.
• Co-ordinate the expense budgeting process across the Holding Company. Co-ordinate the Control Tower activities for expenses outside a set limit across the Corporation, managing senior stakeholders effectively
• Perform other duties as assigned by CFO

Key Performance Indices:

• Timeliness of Report
• Quality of reports and recommendations
• Penalties from regulators & tax authorities for non-compliance with deadlines and reporting requirements
• Internal customer satisfaction levels
• Internal audit rating
• Service rating by Service & Innovation Group

Requirements

• A good First Degree in any discipline plus Professional Accounting Certification; ICAN, ACCA or CITN. Relevant Masters’ degree will be an advantage
• 10-12 years in Financial Reporting & Business Performance
• Ability to combine strategic and analytical perspectives with a pragmatic approach. Able to focus on day-to-day performance whilst simultaneously working towards longer term goals
• Deep knowledge and understanding of the key metrics for companies across the various verticals we operate in
• Strong commercial acumen, willing and able to challenge accepted practices and processes
• Strong interpersonal & influencing skills for managing senior level relationships and difficult performance management conversations
• Must be able to perform in a high-pressure environment, and be able to meet tight deadlines
• Has superb written and verbal communication skills, as well as the ability to draft engaging and impactful messages for internal and external audiences

Required Knowledge, Skills and Abilities:

• International Financial Reporting Standards (IFRS) and other local regulations and laws
• Understanding of treasury products
• Knowledge of tax laws
• Knowledge of Central Bank of Nigeria (CBN) circulars and Financial Reporting Council of Nigeria’s guidelines
• Financial Modeling skills

Generic Skills:

• Initiative
• Entrepreneurship
• Analytical Skills / Problem solving
• Self-Management
• Interpersonal Skills

Supervisory Skills:

• General managerial/ administration
• Team building / conflict management
• Coaching
• Leadership / Influencing
• Organization and coordination skills

Application Closing Date
20th October, 2022.