Finance Manager at Ascentech Services Limited

Ascentech Services Limited - Our client in the cement and construction-product manufacturing industry is recruiting to fill the position below:

Job Title: Finance Manager

Location: Victoria Island, Lagos
Employment Type: Full-time
Department: Finance
Industry / Sector: Manufacturing (Construction products & Chemicals)

Description

• This role is responsible for providing financial, accounting, and Business Control Services to SGN business unit and its functions, pro-actively driving and delivering effective Finance solutions in order to enhance both the short and long-term business results contributing to our leadership position in the market-place.
• The role shall implement and execute the aforementioned solutions in line with the Global and Regional Saint-Gobain Finance strategies as well as legal and statutory compliance of country Laws. The role works closely with the ICT systems to design custom solutions for the business unit.

Responsibilities

• Ensure accurate and timely production of financial reports, including monthly reports, business and strategic plans, budgets, rolling forecasts and accurate decision making information in line with our quality principles.
• Monitoring and analytical review of key finance business drivers and performance indicators.
• Provide financial support, analysis and interpretation to operational management.
• Provide financial information and interpreting the implications for business performance and funding needs.
• Develop, implement and maintain business and financial control systems across the division, and complies with company’s standards.
• Manage the credit control function ensuring bad debts are minimised and sales opportunities are maximised.
• Manage cash flow, treasury and tax requirements, with regards to Group standards.
• Ensure compliance with financial legislation, standards and statutory obligations across the operation.
• Accountable for ensuring Corporate Governance aligned to the Group Standard.
• Determine, implement, monitor, review and evaluate budgetary and accounting strategies, policies and plans in consultation with other line managers.
• Manage all aspects of the Finance function including and not limited to General Ledger, Fixed Assets, Accounts Payable, Accounts Receivable, Petty Cash, Bank Reconciliations etc
• Ensure monthly financial statements, management accounts and cash flows are prepared
• Prepare annual budgets and quarterly forecasts are prepared.
• Review and track performance by monitoring variance from plan, highlighting potential issues
• Maintain appropriate controls to ensure costs are within budgeted levels
• Implement internal controls to protect and safeguard company’s assets
• Liaise with external auditors, tax agents, bankers, insurers and statutory bodies
• Review monthly recon files, managing general ledger close of adjustments to zero and manage people and processes to adhere to reporting deadlines
• Prepare variance to budget as compared to prior year analysis, report on Company performance, identify problem areas and take remedial action with staff and Enabling functions as required
• Effective internal controls management.
• Evaluate financial reporting systems, accounting and collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
• All such duties and/or activities assigned by management/board as and when required.
• Continuous change in legislation and macro-environment
• Managing relationships across the entire business
• Maintaining a high level of professionalism and integrity in executing the role
• Relationship with shareholders
• Alignment with the overall Equity policy of the country
• Adapting to organisational changes
• Macro-Economics including the exchange rate, inflation, fiscal policy of the government
• Varying levels of business maturity
• Increasing competitiveness
• Infrastructure challenges
• Collaboration with various Regulatory and legislative bodies within the African Continent
• Close relationship with Stakeholders
• Close collaboration and decision making with executives and Regional Board members
• A fluid and evolving Macro-Economic environment both locally and internationally

Requirements

• MBA / BSc / HND in Accounting or Finance
• ICAN qualification will be an added advantage
• Membership of one or more Professional Bodies
• Minimum 5 years’ experience preferably a manufacturing environment and working with SAGE system
• Knowledge of finance, accounting, budgeting and cost control principles including Financial Reporting Standards.
• Knowledge of automated financial and accounting reporting systems.
• Ability to analyse financial data and prepare financial reports, statements and projections.
• Experience in strategic planning, executing and developing budgets.
• Knowledge of computerized cost control and accounting systems.
• Demonstrated written and oral communication skills.
• Experience formulating objectives, standards, and procedures.
• Risk management and general business/commercial acumen
• Team player
• Finance Manager, who is experienced in the cement and construction-product manufacturing company

Application Closing Date
30th November, 2022.