Finance and Treasury Head Job Vacancies in Nigeria

Job Description

Job Title

Head Finance and Treasury (Acting Capacity) with experience in project financing

Salary Range

NGN 5, 500, 000 – NGN 7, 200, 000 per Annum

Specification

    Chartered Accountant (ICAN fellow, ACCA etc)
    Management Professional (NIM etc)
    Other management or Account professional qualification is an added advantage
    Minimum qualification HND
    Having an MBA or masters in project management is an added advantage
    Must have acted as Head of Department for Finance and Treasury and/or Accounts and Budget for a recognized company with up to 500 employees, minimum
    Must have worked in either a mining/oil/gas company in the tenure of 10 – 15 years
    Must have at least 10-15 years work experience in mining and power plant projects
    Must have 10 – 15 years work experience as financial analyst
    Must be able to attract credible investors to the Groups power plant projects
    Must have experience in SAP ERP systems
    Must be computer literate, and able to use soft wares such as peach tree, Sage pastel evolution & ERP Accpac, ORION Accounting, T24 RP, Ms Word, EXCEL, power point, Visio etc.
    Must have managed assets, both local and foreign in excess of $100 – 300 million
    Must have experience in Tax administration (PITA, PAYE, CIT, VAT, WITHHOLDING TAX etc.)
    Must be flexible for work hours
    Must give maximum time to developing power plant projects
    Living in Abuja Axis is an added advantage
    Should be willing to relocate permanently to Abuja

Duty Schedule

    Will be responsible for ensuring that treasury related accounting entries are correctly posted to relevant ledgers
    Develop the group financial strategy, policies, standards and guidelines, provides sound and reliable advice, opinions and guidance on all strategic financial and business matters relating to the company’s business
    Will be responsible for assigning bank accounts for specific transactions, communicating bid results, validating foreign exchange rates for international transactions
    Prepare all daily, weekly, monthly and quarterly finance and treasury reports for the Group and the Executive Chairman.
    Liaise effectively with the Head, Accounts and Budgets in all issues that connect the two departments
    Coordinate the tax administration and that both the Group and its employees’ tax deductions are executed professionally
    Prepare an annual Finance and Treasury operating plan
    Coordinate the Group relationship with bank and other financial institutions
    Ensure that foreign exchange transfers are equitably executed (cost effective) in the best interest of the group
    Will be responsible for ensuring that finance related accounting entries are accurately posted to relevant ledgers
    Prepare payment schedules for processing and management approval
    Coordinate the management of debt obligations for the Group
    Daily account balances to Executive Chairman in Dollar and Naira Accounts
    Interfacing and liaising with company financial advisors on regular basis
    Sourcing of cheap and long term funds for company operations
    Completely structure the Finance and Treasury Department in line with best practice and create necessary SOP’s for implementation
    Improve administrative and operational accounting services such as treasury management, payment processing, payroll, accounts payable, and purchasing.
    Upgrade and implement an appropriate system of policies, internal controls, accounting standards, and procedures.
    Plan, coordinate, and execute the annual budget process.
    Ensure that the company is adhering to the strategic plan, delivering status reports to the board on behalf of and as endorsed by the GCFO.
    Provide analytical support to the company’s internal management team including development of internal management reporting capabilities.
    Advise the Group Chief Financial Officer and other key members of senior management on financial planning budgeting, cash flow, investment priorities, and policy matters.
    Represent the GCFO as the management liaison to the board and audit committee; effectively communicate and present critical financial matters at select board of directors and committee meetings.
    Contribute to the development of the company’s strategic goals and objectives as well as the overall management of the organisation.
    Maintain continuous lines of communication, keeping the GCFO informed of all critical issues.
    Represent the organisation externally, as necessary, in the absence of the CGFO particularly in banking and lease negotiations.
    Oversee, direct, and organize the work of the finance and treasury teams.
    Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.
    Ensure staff members receive timely and appropriate training and development.
    Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer salary adjustments.
    Mentor and develop staff using a supportive and collaborative approach: assign accountabilities; set objectives; establish priorities; and monitor and evaluate results.
    Carry out any other duties as may be assigned by the Executive Chairman

Application Method

Send email to  Hrc@wggroup.org

Indicate job position as Title of mail. All applicants who do not indicate job position would be screened out.

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