As a finance manager, you would be responsible for overseeing and managing various financial activities within an organization. Your role is crucial in ensuring the financial health and stability of the company. Here are some of the typical duties and responsibilities of a finance manager:
1. Financial Planning: Developing and implementing financial strategies, budgets, and forecasts to achieve the company’s short-term and long-term financial goals.
2. Financial Reporting: Preparing regular financial reports, statements, and presentations for management, stakeholders, and regulatory authorities. These reports often include income statements, balance sheets, cash flow statements, and financial analysis.
3. Budgeting and Cost Control: Creating budgets for different departments and monitoring expenses to ensure adherence to budgetary limits. Identifying cost-saving opportunities and optimizing resource allocation.
4. Financial Analysis: Conducting in-depth financial analysis to identify trends, risks, and opportunities. This may involve analyzing financial performance, profitability, return on investment (ROI), and other key financial metrics.
5. Risk Management: Assessing financial risks and developing risk management strategies to mitigate potential financial losses. This may involve evaluating and recommending insurance coverage and other risk management techniques.
6. Cash Management: Monitoring cash flow to ensure the availability of funds for day-to-day operations and long-term investments. Implementing strategies to optimize cash flow and managing working capital efficiently.
7. Financial Compliance: Ensuring compliance with financial regulations, accounting standards, and tax laws. Cooperating with auditors and regulatory bodies during audits and examinations.
8. Financial Decision Making: Providing financial insights and recommendations to support strategic decision-making by top management. Evaluating investment opportunities and conducting cost-benefit analyses.
9. Team Management: Leading and supervising the finance team, including accountants, financial analysts, and other finance professionals. Setting goals, providing guidance, and conducting performance evaluations.
10. Financial Systems and Technology: Overseeing the implementation and maintenance of financial software systems and tools to streamline financial processes and reporting.
11. Stakeholder Communication: Collaborating with various internal and external stakeholders, such as executives, department heads, investors, banks, and auditors, to address financial concerns and provide financial updates.
12. Long-term Financial Planning: Participating in long-term strategic planning, such as mergers and acquisitions, expansion projects, and capital raising activities.
Requirements:
- Advanced degree in accounting, business, finance, or a similar discipline.
- 3-5 years experience in a similar role
- Lives in Abuja or can relocate to Abuja
Salary: N300k/ monthly
SEND CV TO: cvs@westfield-consulting.com
