Director, Finance at DP World

DP World - We exist to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally. With a dedicated, diverse and professional team of more than 108,100 employees spanning 74 countries on six continents. We are pushing trade further and faster towards a seamless supply chain that’s fit for the future. We’re rapidly transforming and integrating our businesses - Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.

We are recruiting to fill the position below:

Job Title: Director, Finance

Location: Lagos

Job Function

• To provide finance support and lead the operating company in the formulation, execution and continuous evaluation of its short-term and long-term financial strategy.
• Key focus is on taking accountability for the overall financial health through planning, analysing, advising and reporting on financial strengths and weaknesses in pursuit of improved financial performance.
• Manage the finance operations in alignment of the objectives for MDS Logistics, whilst leading others and overseeing the financial operations.

Key Performance Areas

• Monthly analysis of the financial performance of the operating company compared to budget expectation and prior financial periods
• Manage the financial position of the operating company with the objective of maximizing profitability and return on invested capital
• Ensure compliance to the Limits of Authority.
• Ensure accurate and timeous financial reporting to the operating company executive committee and other stakeholders
• Provide guidance to executives in the operating company to ensure strategic and financial reporting objectives are met
• Quarterly reporting of internal controls.
• Internal management packs and dashboards.
• Tax administration and compliance including submission of relevant returns to revenue authorities.
• Maintaining fixed asset register.
• Co-ordinate and assist with the internal and external audit process.
• Identifying and managing risk (financial and non-financial) throughout the operating company along with Imperial’s risk department
• Annual review of insurance polies
• Responsible for ensuring that efficient internal controls are implemented and maintained throughout the operating company
• Provide ad-hoc projects and reports as required.
• Manage overall financial functions.
• Manage cash flow proactively to ensure operating company and group objectives are achieved
• Manage working capital, treasury and foreign currency
• Assist fully with the implementation of the One Finance Solution
• Consolidate, analyse and report on financial performance as well as corrective, preventative and improvement initiatives required to achieve financial strategies.
• Review, analyse and then draw insights to assist operational performance
• Drive the timeous and accurate completion of the budgeting and forecasting processes.
• Drive and manage the cost savings initiatives within the operating company
• Develop, implement and ensure compliance with the group’s financial processes, policies and disciplines.
• Continuous improvement of internal financial and operational processes
• Prepare and / or coordinate monthly flash reports.
• Manage and implement new accounting standards within the operating company.
• Update customer profitability data monthly and report on underperforming contracts.
• Periodic balance sheet reviews to ensure accuracy of operating company’s financial position.
• Ensuring that funding structures in the operating company are optimal and aid businesses in motivating funding requirements to the Asset and Liability Committee.
• Oversee foreign exchange management by ensuring foreign currency related exposures are addressed in accordance with Imperial guidelines.
• Capital allocation decisions to be thoroughly assessed including capex and investment decisions; buy vs lease decisions to be properly assessed.
• Analyse and advise on possible growth opportunities – including acquisitions and opportunities that require large capital investment
• Periodical analysis of client profitability (operating profit in relation to invested capital)
• Preparation and consolidation of operating company budgets
• Co-ordinate whistle blower and tips offs investigations within the operating company.
• Will be involved in mergers and acquisitions, from due diligence to contractual stage, and disposals from time to time.
• Work alongside members of integration team on IT implementations and system developments.
• Integrate and align multiple value chain functions based on internal and external client requirements as well as market trends and other business intelligence.
• Review and advice on management decisions to ensure optimal impact on the financial success of the operating company.
• Align people's performance goals to support the achievement of the strategy.
• Support and empower people that design and implement change within multiple value chain functions.
• Manage talent and succession.
• Development and personal growth of financial managers and executives in the division
• Implement and manage workforce planning, recruitment, learning and development, performance management, reward and recognition and employee relations to ensure an optimal working environment.

Qualifications

• Candidates should possess an HND / BSc in Accounting
• Preferably an ICAN (Chartered Accountant of Nigeria), alternatively a CA(SA) qualification

Experience and Skills Required:

• Minimum of 8-10 year in various aspect of accounting with 5 years in Leadership role in a similar environment.
• Inherent understanding of the Nigerian Finance and Tax Legislation
• Strong Commercial Analysis skills – cost modelling exercises and analysis
• Strong process driven skill set to ensure governance compliance
• Goal orientated, focused on meeting key deliverables within stipulated timeframes
• Prior experience in leading, building and inspiring teams
• Advanced legal compliance knowledge / skill
• Advanced financial management knowledge / skill
• Advanced financial planning knowledge / skill
• Advanced budgeting and cost management knowledge / skill

Application Closing Date
Not Specified.