Financial Controller at a Battery Recycling Company - Workforce Group

Workforce Group - Our client, a battery recycling company, is recruiting to fill the position below:

Job Title: Financial Controller

Location: Victoria Island, Lagos
Employment Type: Full-time
Reports to: CFO/CEO

Job Summary

• The Finance Controller will be responsible for maintaining proper Financial Management and Controls in safeguarding Financial and Material Resources of the organization in furtherance of its mission.
• The position will also be responsible for Fundraising.

Primary Responsibilities
Financial Planning and Modelling:

• Oversee the preparation of annual and quarterly financial plan.
• Develop a financial modelling template for the purpose of forecasting financial needs.
• Utilize the template to support financial analysis and planning

Financial Reporting and Audit:

• Prepare financial statements in compliance with the Financial Regulations and Financial Reporting Standards.
• Coordinate annual external audit of the financial statements.
• Ensure monthly reports for all programs are properly done and submitted on a timely basis.

Budgeting and Budgetary Controls:

• Oversee preparation of budgets
• Monitor implementation of program budgets
• Prepare and manage cash flows and develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs
• Report monthly to the CEO on variances from the established budget, and the reasons for those variances.

Investments:

• Establish / implement an investment policy
• Management of risks exposure to the organization’s investments
• Monitoring of bank accounts to ensure safety of organizational funds
• Maximizes return on invested funds by identifying investment opportunities; and maintaining relationships with the investment market.
• Ensure ownership of all assets by the organization.

Resource Mobilization / Fundraising:

• Forecast cash flow positions, any related borrowing needs, and available funds for investment.
• Develop financial sustainability strategies.
• Develop a resource mobilization strategy.
• Identify possible fundraising strategies.
• Gather information on donor policies and priorities in line with the mission of the organization.
• Build a donor data base and devise ways to expand the data base
• Develop annual work plans based on the approved resource fundraising strategy
• Actively participate in the preparation of concept papers and project proposals to funding partners / agencies
• Establish and manage partnerships with banking and other donor agencies
• Facilitate effective communication with all donors including reporting and update
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.

Other Finance Functions:

• Perform all other functions as may be directed by the CFO/MD.

Requirements
Educational Qualification:

• B.Sc and MBA/MSc

Person Specification:

• Proven experience in a Manufacturing Companies
• Experience as a Finance Manager (5 years min)
• Experience in Financial Planning and Analysis, Budgeting, and Forecasting
• Experience in managing team of accountants
• Hands-On ERP Systems Experience (Odoo ERP experience is ideal)
• Experience in Cash Management, Risk Management, Auditing and Taxation
• Prior work experience in financial strategy and executing financial strategic initiatives

Knowledge/Understanding:

• Good understanding of GAAP and IFRS
• Good Knowledge in managing accounting records
• Knowledge of Accounts/Finance processes and procedures
• Good knowledge of corporate finance and budgeting 

ProfessionalQualification:

• ICAN/ACCA

Skills and Abilities:

• Financial planning and strategy
• Managing profitability
• Strategic planning
• Excellent analytical, reasoning, and problem-solving skills
• Leadership ability and confidence
• Excellent written and oral communication skills.
• Strong influencing skills

Budget
N600,000 – N800,000 / monthly gross.

Application Closing Date
20th June, 2024.