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Vacancy at Teclab Management Services Limited

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Teclab Management Services Limited, is a spe...t Consulting firm dedicated to Human Resource Services and Management. Founded on a philosophy and style that has positioned her to consistently provide a reliable and effective work force as well as manage total overhaul, re-engineering and training services to her numerous clients since 2006.

CHIEF FINANCIAL OFFICER

RESPONSIBLE FOR

Coordinating all financial aspects of the Group and subsidiary operations as well as implementing appropriate framework and controls for inbound and outbound financial transactions.

JOB PURPOSE
To provide seamless and effective management of the Group’s financial resources, business forecasting and financial guidance that strengthen the Group’s business operations and fosters superior financial performance and growth.

KEY ACCOUNTABILITIES
Responsible for overall finance and accounting activities of the Group and ensuring that all relevant financial records are maintained appropriately.
Conducting business and financial strategy, planning, monitoring, management and coordination of the Group’s budgeting and business planning initiatives. Provide management information analyses of financial situations on a periodic and ongoing basis.
Ensure best financial practices are implemented across the Group, whilst actively encouraging all internal stakeholders to consistently recommend enhancements and solutions as identified.
Consistently produce accurate reports on Group and subsidiary financial status by collecting, interpreting, and reporting financial data in a timely manner.
Develop, implement and enforce key finance and accounting processes and procedures (including budgeting, management & financial accounting/reporting) for approval by management and coordinate the preparation of financial statements in accordance with Nigerian accounting practices.
Ensure the Group and subsidiaries’ finance team(s) operate with modern finance tools and spearhead the management and improvement of policies, systems and processes.
Develop and implement modern cost-effective accounting systems which will meet the challenges and objectives of the Group.
Actively support management to ensure efficient operations and growth of the Group as well as manage/control Group operating and capital expenditure within agreed budgets/limits.
Anchor and coordinate monthly and/or periodic management performance review/reporting packages, as well as concomitant analyses:
Monthly, quarterly and annual budgeting and variation reporting to identify areas requiring attention and possible improvement.
Support budget objectives by scheduling operating and capital expenditure; analyzing variances; and initiating corrective action.
Protect the Group’s assets by establishing and monitoring an up-to-date Assets Register for all subsidiaries as well as enforcing compliance with all Internal Control guidelines:
Ensure reconciliation of the Assets Register and Ledger with depreciation charge.
Ensure availability of capital allowance schedule recording/classification of fixed assets.
Supervise and maintain output of staff of finance department, through coaching, counseling, disciplining; planning, monitoring, and performance appraisal
Ensure completeness, accuracy and correctness of all treasury records and reports.
Manage the bank and treasury processes of the Group and subsidiaries as well as oversee the management of liquidity and prepare reports on liquidity position.
Implement all billing, payment and payroll processes and ensure robustness of the applicable internal controls covering these processes.
Function as internal anchor for the capital raising activities of the Group.
Provide financial analyses and evaluation to support contracting processes of the Group and subsidiaries as well supporting the negotiation of commercial terms with key vendors, contractors and third-party suppliers.
Cultivate and maintain good relations with all relevant statutory agencies and ensure Group operations total compliance with regulations.
Anchor periodic meetings with government/regulatory agencies e.g. FIRS, LIRS etc,, as and when required and consistently strive to ensure progressive and positive outcomes (from such meetings) for the Group, whilst promptly following-through with actionable steps - at all times.
Ensure proper, comprehensive, prompt and timely reports and accounts rendition - as per statutory, regulatory and legal requirements and timelines (including but not limited to taxation, dividends, annual reports/accounts), management of financial communication strategy and liaison with various capital market stakeholders, business press and business analysis communities.
Prepare and manage a prompt and efficient remittance timetable/plan for all types of taxes and statutory deductions (VAT, Company Income Tax. Withholding Tax. PAYE, pensions, Censors Board, Copyright Commission, Insurance Underwriters etc).
Liaise with the Group’s and/or subsidiary external auditors, financial and tax consultants as necessary.

PERSON SPECIFICATION
Robust knowledge of internal control systems and implementation of such controls
Expert level financial analysis skills
10 years of experience, with 5+ years of financial management experience
Graduate degree and/or a recognized Finance/Accounting qualification (i.e. ACA/CPA, CMA or CFA) an MBA with Finance spe...m will be an added advantage

KEY EXPERIENCES:
Business strategy
Business partnering
New business
Team leadership
Experience with launching new businesses and changing overall business strategy
Extensive experience of pricing and negotiation
Experience in both IFRS and local GAAP accounting standards

TO APPLY
Applicants should forward their CV's to: hr@teclab-ng.com

DUE DATE: 5 May, 2017

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