Job Description

A leading IT and revenue assurance company has an opening for a Senior Finance Manager 

REPORTS TO: DIRECTOR FINANCE 

JOB PURPOSE
Responsible for providing comprehensive support in the development, effective implementation and monitoring of financial and management accounting systems, policies and procedures to achieve corporate objectives. 

Key Responsibilities
Strategy & Policy Development

• Participate in the development of strategy/business plan for the Finance Department and monitor its implementation.
• Support the Finance Director in the review of policies, standard operating procedures (SOPs), work plan and other support systems including monitoring mechanisms to achieve set targets of the Finance Department. 

Budget Preparation & Control

• Support the Finance Director in monitoring the implementation of the approved budget templates and reporting systems to ensure that all departments/subsidiaries complete and submit their budget inputs within the approved time frame for the development of the Group’s annual budget. 
• Support the Finance Director in monitoring the implementation of systems and procedures for analyzing budgetary performance to aid monitoring and control of company’s approved budget.
• Actively participate in the preparation of company’s annual budget and monitor its implementation.
• Provide support/input in the preparation of variance analysis of revenue and expenditure against budget and report/advice on any deviations for corrective action.

Financial Accounting 

• Support the implementation and maintenance of internal financial controls. This involves the following; -
• Implementation and effective monitoring of all system accounts (General Ledger, Fixed Assets Register, Debtors and Creditors accounts, etc.) to ensure accurate balances
• Preparing complete and accurate financial reports and analysis
• Monitoring key financial risk indicators
• Contributing to the improvement of the overall financial environment of company.
• Support in the monitoring of cash resources on investment opportunities for company as appropriate.
• Prepare periodic Cash Flow Statements and submit report to Director for review/approval.
• Assist in the development of accounts payable/receivable systems and monitor its implementation to ensure that all payments are in line with approved accounting polices/ guidelines. 
• Review periodic bank reconciliation statements and accounts reconciliation of company and initiate corrective actions where necessary.  
• Assist in the review and analysis of financial accounting systems to advise on any inconsistencies for remedial action. 

Management Accounting 

• Provide support in the development of effective Fixed Assets Register system and monitor its implementation to ensure compliance with approved policies and guidelines. 
• Prepare project proposals for review by the Finance Director.
• Monitor to ensure compliance with statutory deductions and payments (i.e. tax, SSNIT, etc.) made by the company.
• Assist in monitoring company’s cost/expenditure and prepare relevant reports to guide decision-making.

Cash Management

• Support the Finance Director to ensure the efficient management of company’s liquidity to maximize returns on assets through short/long term investment.
• Manage company’s assets and liabilities as may be directed by the Director, Finance.

Stakeholder Relations & Management

• Maintain professional relationships with External Auditors, Regulatory Agencies, Financial Institutions, MMDAs and other external stakeholders in the area of financial management.
• Manage business relationships with counter parties as appropriate.

Information & Reporting

• Stay abreast with legislations, rules and regulations, new developments and international best practices in the area of financial/management accounting and treasury management.
• Responsible for the maintenance and update of records on financial and non-financial data to facilitate qualitative and quantitative analysis of the Finance function to support Management decision making.
• Prepare monthly, quarterly and other periodic financial reports as may be directed.
• Support the Director of Finance to ensure that all financial and management accounting reporting systems are in line with regulatory requirements and International Financial Regulatory Standards. 

Employee Performance & Development

• Hold direct reports accountable for the performance of assignments in their respective areas of responsibilities.
• Conduct performance appraisals and provide input for career development and recommend performance incentives for direct reports.
• Identify training needs and facilitate training for direct reports.

Required Skills or Experience

Education

• Master’s Degree or its equivalent professional qualification in Accounting, Finance or related field
• Must be a member of a recognized professional body. 

Experience 
Ten (10) years relevant working experience with at least five (5) years in management position.

Knowledge & Skills

• Demonstrated knowledge and understanding in the use of accounting methodologies and tools.
• In-depth knowledge and understanding of Accounting Standards and related regulations.
• Strong planning and organizing skills.
• Solid knowledge and understanding of the International Financial Reporting System (IFRS), Accounting and Auditing Standards and related regulations.
• Sound financial knowledge, including treasury management, investment planning, asset allocation, etc.
• Strong managerial, coaching, mentoring and interpersonal skills in a "team" setting.
• Good knowledge/understanding of the operations of Subah.
• Considerable knowledge and experience in strategic planning.
• Demonstrated ability in complex financial modelling.
• Excellent analytical ability and problem-solving skills.
• Good negotiation and conflict management skills.
• Excellent communication and presentation skills.
• Ability to develop and maintain professional relationships with internal and external stakeholders and work effectively with all categories of employees.
• Knowledge of project management.
• Ability to work in a fast paced and often pressured environment.
• Advanced skills in the use of accounting/financial software and tools, Ms. Office (PowerPoint, Excel), internet search engines, etc.
• Considerable knowledge and understanding of enterprise-wide accounting information systems.