Adexen Recruitment Agency - Our Client is West Africa's Leading Industrial Corporation focused on Oil&Gas construction and major marine services.
Adexen Recruitment Agency is mandated by West Africa's Leading Industrial Corporation focused on Oil&Gas construction and major marine services to recruit a Finance Manager (Project & Planning) for its operations. This position is based in Lagos- Nigeria.
Job Title: Finance Manager (Project & Planning)
Job reference n°: 642
Location: Lagos, Nigeria
Function: Financial
Job Description
- Preparation of end-of-life project forecasts in conjunction with the Commercial Department and project teams
- Accuracy and integrity of figures reported in end-of-life forecasts
- Key assumptions used in end-of-life forecasting; analysis of key risks and judgements used in end-of-life forecasting;
- Actuals reported for project revenue and costs in the monthly management accounts are accurate, and fully reconciled to and consistent with forecasts produced by the Commercial Department and project teams
- Progress billings and revenue recognized are fully reconciled to actual billings and total contract revenue is in line with contract values reported by the Commercial Department.
- All entries relating to projects are accurate and correctly posted
- End-of-life forecasts are revised for major changes arising on a monthly basis and a full review is conducted on a quarterly basis
- Monthly performance analysis to budget for all projects to budget holders with commentary on variances
- Commentary in the monthly management accounts for variances between actual and budget and changes in end-of-life forecasts.
- Development of systems for accurate re-allocation of costs to projects and service cost centers
- Cost allocations are accurately applied in the monthly management accounts
- Regular reviews of the methodology used in cost allocations to ensure that it remains consistent with company objectives
- Basis of cost allocations is transparent and is clearly communicated to budget holders.
- Development of accurate man-hour rates to be used in actuals, forecasts, commercial tenders and for other requirements within the company;
- Quarterly review of man-hour rates to ensure that they are accurate and the methodology used is consistent with company objectives
- Basis for man-hour rates is transparent and is clearly communicated to users.
- Draft annual budget for the company for the following year by 31st October each year;
- Liaise with budget holders to produce a budget for each department ensuring that full consideration is taken of current-year actuals, changes in the business, inter-related activities between departments, corporate objectives and any other relevant factors
- Full support to budget holders in the preparation of departmental budgets and ensure that information is accurate, well-presented and clearly justified
- Budget is presented in a clear and transparent manner
- Budget is consistent with the format of the monthly management accounts and the ERP software to enable clear comparison between budgeted and actual figures.
- Provide financial information relating to projects to support commercial activities within the business and other departments as required;
- Analysis and financial information for commercial bids to ensure accurate costing.
- Schedules, information and explanations required relating to projects for the annual external accounts audit
Requirements
- First Degree in Accounting, Finance or any related discipline
- ACA or ICAN certified
- Wide experience of working with ERP/Accounting software
- Not less than 5 years post qualification experience
- Experience of accounting for EPC contracts
- Excellent computer skills, including Microsoft Office applications
- Strong communication and interpersonal skills
- Ability to process complex financial data and communicate in a clear, concise manner to non-financial personnel
Remuneration
Application Closing Date
Not Stated.
Method of Application
Interested and qualified candidates should:
Click here to apply online