Head, Financial Reporting at Lotus Capital Limited

Lotus Capital Limited is a full-service ethical investment management company specializing in Asset Management, Private Wealth Management, and Financial Advisory services. Lotus Capital is a pioneer in non-interest finance in Nigeria and duly registered with the Securities & Exchange Commission (SEC) as Fund Managers. Over the last 16 years, we have consistently contributed towards the growth of non-interest finance in the Nigerian capital market, and also manage 3 mutual funds listed on the Nigerian Stock Exchange.

We are recruiting to fill the position below:

Job Title: Head, Financial Reporting

Location: Lagos
Employment Type: Full-time

Job Responsibilities
Primary Role:

• Lead the accounting and reporting function
• Managing a strong control environment and ensure all procedures are in compliance with Lotus Capital Limited and financial control policies
• Develop strong relationships with the internal clients, and provide superior client service to both internal and external clients
• Proper implementation of IFRS, internal control system, risk management framework, tax laws and any other relevant statutes in the recording, valuation, presentation and reporting of all financial matter in the group.
• Weekly preparation and presentation of Group performance report to the finance Manager
• Monthly preparation and presentation of the MPR
• Quarterly preparation and submission of the Board report to the finance Manager within 48 hours after the end of the quarter.
• Quarterly preparation and filing of all the statutory returns to Securities and Exchange Commission.
• Liaise with the SEC, tax authorities and any other government agencies to resolve any queries they might have
• Present an error free financial data for the annual audit within two weeks after the end of the financial year and complete the annual fund audit within 7 weeks after the end of the financial year.
• Coordinate all the scheduled and un-scheduled examination of the company records by the regulators or any government agency
• Work with the portfolio managers and the treasury unit to ensure that there is no idle fund in the portfolio assets.
• Work closely with various business units - Investment & Research Department, legal team etc. and partner with Business development teams to meet client needs
• Work with IT units to improve on the processes that will achieve a seamless operation.
• Work closely with legal unit to ensure all the business and financial matters do not contravene any regulatory rules or guidelines.

Secondary Role:

• Work with the subsidiary Accountants on intercompany transactions, treasury management, cost management, budget administration, tax matters, financial matters, annual audit and ensure they maintain an up-to-date record and produce management account at the end of the month.
• Work closely with the head of Fund accounting and develop capability to stand in for the head of fund accounting.
• Other duties that may be assigned by the CFO.

Qualifications

• BSc or HND in Economics or Accounting
• The candidate must be a Chartered Accountant with minimum of 5 years post qualification experience in audit or capital market industry
• Knowledge of Islamic finance is an added advantage.

Application Closing Date
14th February, 2025.