Hamilton lloyd and Associates Head, Financial Management jobs vacancies Nigeria 2013

Our Client is a leading indigenous conglomerate with business interests in key sectors of the Nigerian economy, including foods and agro-allied, energy (oil, gas and power), infrastructure, real estate and services. Due to internal vacancies they have decided to hire a Head Financial Management for their Real Estate Business.

Job Title: Head – Financial Management

Location: Lagos

Job Summary

  • Oversee the management, analysis and reporting of financial assets in line with the requirements of International Financial Reporting Standards (IFRS), generally accepted accounting practices and company accounting practises.
  • Design, implement and periodically refine a pragmatic system of controls to drive sustained compliance with laid down polices and mitigate the business financial and operational risks

Main Responsibilities

1.) Tactical

  • Actively participate in the articulation of the businesses operational and tactical plan
  • Define annual work programs and plans in line with the businesses overall plans and take ownership for communicating same to team members
  • Develop the unit’s policy and procedure document and ensure proper implementation following the receipt of appropriate approvals
  • Liaise with the Group Reporting and Risk Management department to design and implement appropriate controls and risk management framework as well a relevant supporting policies and procedures for the businesses
  • Develop and implement an effective cost management and monitoring framework to ensure business costs are kept within acceptable thresholds
  • Working with relevant Group departments, design appropriate management reporting frameworks and dashboard to enable easy monitoring of Company performance and enable seamless management decision making
  • Develop and implement relevant frameworks for project accounting ensuring real-time assessment and reporting of project financial performance against set targets
  • Work with the Head Group Treasury to periodically assess the Company’s financing structure in line with its funding needs and industry realities and propose refinements/amendments to the Company’s leadership as appropriate
  • Develop and implement appropriate frameworks for periodic review and analysis of project accounts

2.) Operational

  • Develop, maintain and periodically analyse (budget Vs actual) the business budgets
  • Conduct periodic analysis of business operations (including industry benchmarks), cost, revenue, financial commitments and obligations against plan and advice the business’s leadership as necessary
  • Ensure timely and accurate preparation of the business financial statements in line with appropriate reporting standards and organisational accounting policies
  • Periodically review all postings, ensuring compliance with Group accounting policies and procedures, as well as statutory provisions.
  • Oversee the reconciliation of the various general ledger accounts, ensuring in-depth investigation of errors and their prompt resolution.
  • Approve entries to be posted for the purpose of correcting errors and irregularities in the general ledger and other accounts.
  • Oversee the preparation of periodic (monthly, quarterly, semi-annual, and annual) financial statements (Profit and Loss, Balance Sheet, Cash Flows e.t.c.).
  • Forecast and periodically review the business cash flow requirements and liaise with Group Treasury to ensure the business needs are met in a cost effective manner
  • Ensure relevant inputs to enable the assessment of the businesses financial performance are made available in a timely manner
  • Ensure the business complies with applicable taxes and regulations impacting business operation
  • Foster and maintain on-going relationships with the business bankers and other relevant stakeholders.
  • Provide overall guidance, leadership support and direction to subordinates.
  • Agree subordinate performance target and periodically monitor and assess performance against target
  • Prepare periodic reports and perform other duties as required/requested by the Executive Director

Key Performance Indicators

  • Strong understanding of IFRS implications and applications in the real estate and hospitality sector
  • Hands-on appreciation of financial planning/budgeting, financial modelling and cash flow liquidity management
  • Good appreciation of accounting processes and controls
  • Very strong data analysis and reporting skills
  • Good organisational and personal effectiveness skills
  • Good supervisory, coaching and mentoring skill
  • Excellent proficiency in the use of office productivity tools particularly MS Excel
  • Mature individual, able to relate effectively across board while maintaining professional detachment and assertiveness
  • The individual must be able to learn quickly and navigate learning curves effectively
  • Person must be able to work effectively with little or no supervision

In respect of the ideal candidate profile:

  • First degree in economics, accounting or other numerate discipline.
  • Relevant professional qualifications (ACA, CIMA, CPA, ACCA).
  • Minimum of eight (8) years finance experience with at least two (2) years at managerial level.
  • Must have strong real estate exposure as well as prior audit experience.

Application Deadline
20th December, 2012

Method of Application
Interested candidates should forward CV to: angel@hamiltonlloydandassociates.com

Note: Only qualified candidates that fit the description will be contacted. Please ensure you read Job description carefully.

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