Finance and Administrative Manager at Teco Group

TECO which stands for Total Engineering Concept provides Engineering solutions to companies in different industries across the nation. TECO is a leading supplier of engineering systems to many industries in Nigeria, providing solutions for its customer’s business success. The business started in March 1980 and has remained focused on its core activities of offering technical and engineering solutions for the development of industries in Nigeria.

We are recruiting to fill the position below:

Job Title: Finance and Administrative Manager

Location: Lagos
Employment Type: Full-time
Report directly to: The Executive Director

Job Description

• We are looking for a Corporate Finance and Administrative Manager to lead strategic financial planning, act as a business partner, and ensure sound financial decision-making in a project based environment.
• The ideal candidate possesses expertise in corporate financial accounting, demonstrates a self-starting mindset, and excels in mentoring teams while staying updated on industry standards and regulations.

Responsibilities

• Develop and implement financial strategies to support the company's growth and profitability goals
• Lead the treasury function, managing cash flow and liquidity across multiple jurisdictions, and developing and implementing risk management strategies
• Develop and maintain relationships with investors and other external stakeholders, including banks and financial institutions across multiple jurisdictions
• Manage corporate financing, refinancing, and manage the relations with banks and other lending institutions
• Oversee the audit preparation
• Design and implement risk management policies, including financial, credit, and exchange risks
• Ensure compliance with tax laws and regulations across multiple jurisdictions, and manage the tax function
• Develop and implement internal controls and processes to ensure the integrity of financial information across multiple locations and entities
• Manage the financial due diligence process for potential acquisitions and other strategic initiatives across multiple jurisdictions
• Lead the finance team, providing guidance and support to ensure accurate financial reporting and analysis for multiple locations and entities
• Overseeing the reconciliation of income and expense reports
• Preparing and analyzing financial statements and profit and loss reports
• Designing financial models that will benefit different operating initiatives
• Manage and oversee operations of the finance department to meet set goals and objectives.
• Preparation of various accounting reports, financial statements, budgets, cost analyses, rate studies projections and interpreting financial information to managerial staff while recommending further courses of action.
• Prepare and review detailed financial analysis to illustrate key business drivers, and performance indicators, identify engagement risk and determine the appropriate financial strategies to get desired results.
• Analyse data and advise senior managers on profit-maximising strategies; help optimize company profits over time by making intelligent decisions for investments or spending funds to have the greatest return on investment.
• Build and maintain positive working relationships with other departmental Heads/Leads, other departments, outside agencies, vendors and state and federal auditors.
• Manage and oversee operations of the finance department to meet set goals and objectives.
• Developing and effectively implementing internal systems, business processes, SOPs, and organizational policies and procedures that ensure efficient and effective operations in finance.
• Conduct reviews and evaluations for cost-reduction opportunities
• Develop trends and projections for the company's finances
• Advise on investment activities and provide strategies that the company should take
• Manage and coach an accounting team that can exhibit a great depth of the organisation's values, and culture and show continuous growth in personal, departmental and organisational development.
• Up-to-date knowledge of industry standards for corporate finance administration, budget preparation and management, financial reporting, forecasting and financial analysis.
• Display in-depth understanding and application of leading practices in governance concerning finance in the workplace.
• Manage general office administration

Requirements

• B.Sc / MBA / MSc in Finance or Accounting
• At least 2 years senior management level experience in a reputable organization with 4+ years experience as a Financial Manager preferably in a project-based environment
• Must have ICAN/ACCA/ACA/CFA
• Deep knowledge and use of relevant finance and data reporting tools/software
• A solid understanding of financial statistics and accounting principles
• Working knowledge of all statutory legislation and regulations
• Advanced proficiency in the use of MS Excel and other MS-word and G-suite tools.

Remuneration
N350,000.00 net Monthly.

Application Closing Date
15th December, 2023.