Finance Manager at Abans & Companies Limited

Abans & Company Limited was founded in 1990 by Alhaji Bashir Nasidi as a family enterprise trading watches at Kofar Wambai Market in Kano State, Nigeria. Over the decades, the company has grown into a group with subsidiaries that create products and services people need, while supporting businesses and partners to grow both in Nigeria and abroad.

At Abans & Company Limited, we’re driven by innovation, delivering high-quality products and services across sectors. From agro-processing to real estate, waste management, and international trade. We are a Nigerian holding company that owns and grows businesses in real estate, agriculture, trading, and industrial services. The company has grown into a group with subsidiaries that create products and services people need, while supporting businesses and partners to grow both in Nigeria and abroad.

We are recruiting to fill the position below:

Job Title: Finance Manager

Location: Kano
Employment Type: Full-time

Job Summary

• The Finance Manager oversee all aspects of financial management, including financial planning, budgeting, reporting, and compliance.
• The successful candidate will be responsible for providing strategic financial guidance to support the organization's growth and expansion objectives.

Role and Responsibilities
Financial Planning and Budgeting:

• Develop and oversee the annual budget for the group, coordinating with department heads to set realistic projections and expense limits.
• Work closely with project managers to prepare project-specific budgets, ensuring cost controls and alignment with overall group financial objectives.
• Monitor budget performance, identifying variances and recommending corrective actions to keep the organization within financial targets.

Financial Reporting and Analysis:

• Prepare accurate and timely monthly, quarterly, and annual financial reports, providing insight into financial performance across business units.
• Conduct financial analysis to support strategic decisions, focusing on profitability, cost efficiency, and financial sustainability.
• Develop key financial metrics and KPIs to measure and monitor the performance of various business units and report these to senior management.

Cash Flow and Treasury Management:

• Oversee cash flow planning and ensure adequate liquidity for day-to-day operations and long-term investments.
• Manage the group’s cash reserves and ensure effective treasury management by optimizing banking relationships and managing financial transactions.
• Identify and implement strategies to enhance cash flow, including the efficient handling of receivables, payables, and investments.

Internal Controls and Compliance:

• Develop, implement, and monitor internal controls to safeguard the organization’s assets, prevent fraud, and ensure the accuracy of financial records.
• Ensure compliance with financial regulations, tax laws, and company policies across all business units.
• Coordinate with internal and external auditors, providing necessary documentation and responding to audit findings and recommendations.

Cost Management and Optimization:

• Implement cost control measures across departments to improve efficiency and reduce unnecessary expenses.
• Work with department heads to review operational costs and identify areas for cost savings without compromising on quality or performance.
• Analyze cost structures and recommend process improvements for more efficient resource allocation across the group.

Payroll and Benefits Management:

• Oversee payroll administration and ensure accurate, timely processing in compliance with local tax regulations and labor laws.
• Manage employee benefits and liaise with HR to ensure that payroll and benefits align with budgetary constraints and organizational policies.

Financial Strategy and Risk Management:

• Contribute to the development of financial strategies to support the group’s growth and expansion objectives.

Vendor and Procurement Financial Oversight:

• Collaborate with the procurement department to negotiate vendor contracts, ensuring cost-effectiveness and compliance with financial guidelines.
• Review and approve major purchases and capital expenditures, ensuring alignment with budgetary allocations and financial policies.

Leadership and Team Development:

• Manage, mentor, and develop the finance team to enhance their skills and performance, promoting a culture of continuous learning and accountability.
• Provide training to non-financial managers on financial principles to improve budget management and financial understanding across departments.

Reporting to Stakeholders:

• Provide financial insights to the executive team, board of directors, and investors, ensuring transparency in financial matters.
• Prepare financial presentations for senior management meetings, focusing on performance, key challenges, and growth opportunities.
• Identify financial risks and develop strategies to mitigate them, including currency risks, investment risks, and operational financial risks.
• Conduct financial modeling and scenario analysis to support strategic planning and investment decisions.

Quarterly KPIs
Financial Planning and Budgeting:

• Budget Variance*: Actual expenses vs. budgeted expenses (target: <5% variance)
• Budget Completion Rate*: Percentage of budget preparation completed on time (target: 100%)
• Project Budget Accuracy*: Accuracy of project-specific budgets (target: >90%)

Financial Reporting and Analysis:

• Financial Report Timeliness*: Percentage of financial reports submitted on time (target: 100%)
• Financial Report Accuracy*: Accuracy of financial reports (target: >95%)
• Key Financial Metrics Development*: Number of key financial metrics developed and reported to senior management (target: 5 metrics)

Cash Flow and Treasury Management:

• Cash Flow Forecasting Accuracy*: Accuracy of cash flow forecasts (target: >90%)
• Cash Reserve Management*: Average cash reserve balance (target: 3 months' worth of expenses)
• Treasury Management Efficiency*: Reduction in banking fees and charges (target: 10% reduction)

Internal Controls and Compliance:

• Internal Control Effectiveness*: Number of internal control weaknesses identified and addressed (target: 0 weaknesses)
• Compliance Rate*: Compliance rate with financial regulations and tax laws (target: 100%)
• Audit Findings Response Rate*: Timeliness of response to audit findings (target: 100% within 30 days)

Cost Management and Optimization:

• Cost Savings*: Actual cost savings achieved (target: 5% of total expenses)
• Cost Structure Analysis*: Number of cost structure analyses conducted (target: 2 analyses)
• -Process Improvement Recommendations*: Number of process improvement recommendations made (target: 3 recommendations).

Payroll and Benefits Management:

• Payroll Accuracy: Accuracy of payroll processing (target: >95%)
• Payroll Timeliness: Timeliness of payroll processing (target: 100% on time)
• Benefits Administration Effectiveness: Employee satisfaction with benefits administration (target: >80% satisfaction).

Financial Strategy and Risk Management:

• Financial Strategy Development*: Number of financial strategies developed (target: 2 strategies)
• Risk Management Effectiveness*: Reduction in financial risks (target: 10% reduction)
• Financial Modeling and Scenario Analysis*: Number of financial models and scenario analyses conducted (target: 2 models/analyses).

Vendor and Procurement Financial Oversight:

• Vendor Contract Negotiation Effectiveness*: Cost savings achieved through vendor contract negotiation (target: 5% savings)
• Procurement Compliance Rate*: Compliance rate with financial guidelines and policies (target: 100%).

Leadership and Team Development:

• Finance Team Performance: Finance team performance rating (target: >80% satisfaction)
• Training and Development: Number of training programs conducted for non-financial managers (target: 2 programs).

Reporting to Stakeholders:

• Financial Insights Provided: Number of financial insights provided to stakeholders (target: 4 insights)
• Financial Presentations: Number of financial presentations made to senior management (target: 2 presentations).

Key Qualifications & Requirements

• 5-8 years of experience in Accounting/Finance with experience of working or related to Agricultural Sector, Food Supplies.
• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the Agricultural/Food Industry, Import/Export Regulations.
• B.Sc. or HND in Accounting or any finance related course, Relevant professional accounting certification/membership such as ICAN, ACA, ACCA etc.
• Taxation, Compliance and Regulatory knowledge
• Proficiency in Zoho Books, Microsoft Excel, and ERP finance module
• People Skills
• Develop and maintain effective networks with contractors and industry colleagues
• Excellent analytical, communication, and organizational skills.

Salary
N300,000 - N500,000 monthly.

Application Closing Date
28th February, 2026.

How to Apply
Interested and qualified candidates should: 
Click here to apply online