Head of Finance at LD&D Consulting

LD&D Consulting is a project management consulting firm that specialises in turning key projects into success by working collaboratively with clients and key stakeholders. Our specialist project management team consists of seasoned consultants across various industries. We offer project management consulting, recruiting, Training and Development, HR outsourcing and payroll services across various industriesincluding Telecoms, IT, Construction,Transportation, Energy, Sports, Environmental and Healthcare, Banking & Finance, Services and Consulting in both private and public sectors. We provide the best candidates for your recruiting needs by leveraging on 25 years experience working in various industries and closely working with you to understand your requirements.

We are recruiting to fill the position below:

Job Title: Head of Finance

Location: Lagos
Employment Type: Full-time

Job Summary

• The Finance Manager will play a pivotal role in delivering company-wide financial management, including treasury management, accounting, budgeting, performance analysis, payroll, fundraising, and financial reporting functions.
• The ideal candidate will proactively identify issues, opportunities, and solutions to ensure effective budgeting, assist in strategic planning and forecasting, and ensure the financial performance and sustainability of the organization
• The role demands accurate capturing and timely reporting of all financial activities.

Key Responsibilities

• Monthly Management Accounts: Fully responsible for the production of monthly management accounts.
• Reconciliation and Schedules: Review and approve all reconciliations and schedules, including bank statements, schedules of accrued charges, prepayments, etc.
• Consolidation and Reporting: Consolidate and report financial data to senior management.
• Annual Budget Preparation: Prepare the overall annual budget of the bank, including assumptions, ratios, and monthly budgetary control and performance.
• Financial Planning and Forecasting: Prepare budget/financial plans and forecasts.
• Report Preparation: Assist in the preparation and review of all monthly and quarterly reports for the Board, shareholders, regulatory bodies, etc.
• Budget Implementation Monitoring: Follow up on budget implementations and limits as they relate to each department, investigating variances between budget and actual.
• Financial Control Functions: Perform financial control functions to ensure accuracy and compliance.
• Statutory Reporting: Handle statutory reporting and year-end duties.
• Liquidity Management: Develop and manage liquidity management tools.
• Management Accounts: Prepare monthly management accounts and other financial accounts.
• Senior Management Support: Assist Senior Managers in financial management and reporting activities.
• Periodic Finance Audits: Conduct periodic finance audits and recommend improvements.
• Policy Development: Develop financial policies and procedures for operational efficiency.
• Financial Statements Maintenance: Develop and maintain financial statements for future reference.
• Expense Monitoring: Monitor and manage expenses within the established budget.
• Finance Department Structure: Implement a structured and robust Finance department.
• External Audits: Work with external auditors for regular audits of accounts.

Qualifications

• Minimum of a Degree in Accounting, Finance, or Economics.
• ICAN/ACIBN Qualified is a plus.
• MCP certification is ideal.
• Minimum of 10 years of professional experience.
• Minimum of 3 years of relevant experience in a financial institution.

Skills / Knowledge:

• Technical Proficiency: Highly proficient in the use of MS Excel, MS PowerPoint, and MS Word.
• Regulatory Knowledge: Good knowledge of IFRS, management accounting, and reporting standards. Familiarity with CBN regulatory reporting.
• Technological Acumen: Must have a good grasp of technology and prior experience working with core banking systems.
• Analytical Skills: Attention to detail and strong analytical skills.
• Communication Skills: Excellent communication, presentation, and organizational skills.
• Stakeholder Management: Strong stakeholder management and teamwork capabilities.
• Initiative: A self-starter with the ability to work independently.
• Industry Experience: Experience in financial services or fintech is beneficial.
• Banking Experience: Prior experience working with banks on core banking systems is essential.

Application Closing Date
Not Specified.