Finance Manager at Impact Pointe Consultancy Limited (IPCL)

Impact Pointe Consultancy Limited (IPCL) holds the distinction of being a social impact consultancy focused on creating mutual benefits for public and private actors to scale social impact solutions by maximizing access to the financial and technical assistance needs of clients. IPCL is committed to delivering profit and creating wealth for disadvantaged and disconnected parts of the economic and business landscape which are an impetus for change. While driving detailed focus and actions in the three key areas of Agriculture, Education and Social Impact & Sustainability, IPCL is committed to providing support in adjacent and connected areas in order to birth partnerships towards the creation of inclusive and multidimensional wealth in Nigeria and beyond.

We are recruiting to fill the position below:

Job Title: Finance Manager

Location: Abuja (FCT)
Employment Type: Full-time

Main Function

• The Finance Manager will be responsible for supervising, planning, and coordinating the activities of a variety of finance and accounting services for the organisation.
• This includes general accounting/bookkeeping, accounts receivable, accounts payable, payroll, fixed assets management and budgeting.

Role Responsibilities
Provide overall strategic and tactical leadership:

• Flexible and is willing to perform varying duties depending on the shifting needs of the IPCL and its staff members
• Preparation of timely and accurate financial statements and annual reports
• Maintenance and documentation of accounting procedures & policies
• Preparation /managing annual budgets and forecasts
• Ensuring compliance with statutory law and tax regulations
• Review all financial plans and budgets regularly to look for cost reduction opportunities
• Establish and implement financial reporting systems to comply with government and accounting regulations and legislation
• Measuring company performance against external and internal benchmarks
• Ensure that all financial transactions are properly recorded, filed, and reported
• Create monthly and annual reports to identify results, trends, and financial forecasts
• Cash flow management
• Debt management and collection
• Developing financial reviews and providing investment advice
• Maintaining relationships with internal /external auditors and banks
• Oversee Financial Systems and external providers of systems management and system upgrades
• Identifying areas to improve business efficiencies and reduce costs
• Team Management including mentoring and staff development
• Working closely with Executive Leadership team to deliver reports, analysis findings, potential risk areas and forecast opportunities
• Verifying balances in account books and rectifying discrepancies
• Managing day-to-day transactions
• Carry out bank reconciliations on a regular basis
• Recording office expenditures and ensuring these expenses are within the set budget.

Project Accounting Function:

• Create project accounts in the accounting system
• Maintain project-related records, including contracts and change orders
• Authorize access to project accounts
• Authorize the transfer of expenses into and out of project-related accounts
• Review and approve supplier invoices related to a project
• Review and approve timesheets for work related to a project
• Review and approve overhead charges to be applied to a project
• Review account totals related to project assets and expenses
• Investigate project variances and submit variance reports to management
• Confer with receivables staff regarding unpaid contract billings
• Report on project profitability to management
• Report to management on any opportunities for additional billings
• Report to management regarding the remaining funding available for projects
• Create or approve all project-related billings to customers
• Investigate all project expenses not billed to customers
• Respond to requests for more detail from customers
• Approve the write-off of any project-related billings that cannot be billed to or collected from customers
• Closeout project accounts upon project completion
• Create and submit government reports and tax returns related to projects
• Compile information for internal and external auditors, as required.

Documenting and Reporting:

• Monthly, quarterly, semi-annual, annual and other program and financial reports prepared and in placed and documented in time aligning with project design and donor requirement
• Develop reports as and when required
• Maintain database management in Horizon for Project as per requirement
• Qualitative reporting and implementations models ensured
• Capture evidence of good practices on a regular basis.

Experience / Qualifications

• Degree in Accounting, Economics, Management or related discipline, plus a recognized professional accounting qualification (i.e., ACA, ACCA or Equivalent)
• Minimum of 5 years post-graduation experience out of which a minimum of 3 years should have been in a Finance function
• Experience managing client relationships to grow revenue and customers environment within accounts
• Any experience with the project management marketplace is Essential advantageous
• Budgeting / Financial Analysis & Interpretation
• Financial Accounting / Management & Corporate Finance.

Behavioural Qualities / Other Competencies:

• Efficiency in communicating complex information to Management
• Experience working with diverse cultures and demographics
• Ability to work with a team and under the initiative drawn by self
• Strong management skills (Managing, motivating and developing staff)
• Must be flexible and culturally sensitive.
• Ready to be present in project location and physically monitor implementation.

Application Closing Date
27th September, 2021.

How to Apply
Interested and qualified candidates should send their Resumes to: [email protected] using the Job Title as the subject of the mail.

Note: Only shortlisted candidates will be contacted.