Financial Controller at a Manufacturing Company - Ascentech Services Limited

Posted on Tue 05th Jul, 2022 - www.hotnigerianjobs.com --- (0 comments)

Ascentech Services Limited - Our client in the manufacturing sector is recruiting to fill the position below:

Job Title: Financial Controller

Location: Ojota, Lagos
Employment Type: Full-time

Job Summary

  • Our client is seeking to hire a qualified candidate with a solid finance and accounting experience in the manufacturing sector.

Key Responsibilities

  • Coordinate month-end and year-end closing activities to ensure timely close and reporting.
  • Conduct in-depth analysis of the company's financial performance using relevant KPIs.
  • Oversee preparation of the group consolidated management accounts every month.
  • Review and validate general ledger entries on the ERP for accuracy and completeness.
  • Review and validate all invoices (both customer and supplier) and accounting schedules (e.g., fixed asset register, payment schedules, receivables aging analysis).
  • Oversee the reconciliation of intercompany accounts across the group.
  • Monitor cashflow balances and debt obligations across the group.
  • Supervise credit risk management process including supporting collection of receivables.
  • Monitor FX risks and hedging instruments across the group.
  • Coordinate all audit activities including statutory and tax audits to ensure timely completion.
  • Supervise financial operations of subsidiary companies.
  • Monitor tax compliance and ensure all tax obligations are paid and filed on time.
  • Oversee the implementation of accounting policies and recommend improvements where necessary.
  • Conduct frequent review of accounting processes and internal controls and advise management on risk areas and mitigating strategies.
  • Monitor updates in financial laws and regulations and advise management on compliance.
  • Provide technical advice on financial reporting issues.
  • Supervise and coach Finance team members

Requirements

  • Education: Bachelor's Degree in Accounting, Finance, Economics, or other related disciplines
  • Chartered accounting qualification (ICAN or ACCA) is required.
  • Experience: Minimum of 15 years of work experience in accounting, finance, or audit, with a minimum of 10 years in a supervisory position.
  • Not more than 45 years.

Application Closing Date
17th July, 2022.

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