Finance Manager at ALML Group

Role Purpose

• To manage the day-to-day Finance activities of the ALML Group, taking responsibility for financial reporting, working capital management, banking, revenue accounting, budgeting and other general finance matters.
• Expected to deliver strong financial control within Finance team and the business. Deliver technical competence and authority in accounting, regulatory and local taxation requirements.

Responsibilities not limited to

• Review of the core monthly financial statements, including; Profits and Loss, balance sheet and cash-flow statement and provide commentary thereon.
• Presentation to the directors on new performance issues, variance analysis to budget and forecasts.
• Preparing all regulatory filling returns as required according to requirements and within timetable.
• Liaising with external bodies as appropriate.
• Reviewing and controlling working capital.
• Maximise creditor terms and ensure strong credit control on debtors.
• Ensure strong and effective stock control in place with perpetual inventory administered on a timely basis.
• Ensure that Bank Accounts are effectively reconciled and reviewed.
• Ensure that Fixed assets are properly tracked and reported correctly.
• Ensure that the Finance department adopts and enforces strong internal controls according to best accounting practice.
• Ensure that the Trial Balance is effectively managed and reconciled on a timely basis.
• Ensure that contracts with suppliers are fully documented and effectively managed.
• Manage the banking relationship.
• Ensure excess funds are invested appropriately.
• Ensure that foreign exchange commitments can be met on the due dates.
• Review and ensure that the hedging policy is being appropriately used on foreign exchange exposure.
• Ensure that all revenue and cash are fully captured, reported and collected.
• Ensure that ticket stock is effectively controlled.
• Manage the relationship with IATA, BSP, ARC on financial issues.
• Develop detailed budgets for all departments.
• Manage the budgeting process ensuring key measures are incorporated.
• Measure actual performance against budget on a monthly basis.
• Update the year end forecast.
• Manage the procurement team
• Ensure that all contracts are documented , Service Level Agreements are in place.
• Ensure that contracts are being effectively managed.
• Ensure that insurable risks are identified and appropriate policy is made on coverage of the risk.
• Ensure that insurance have been taken out and are effectively managed.
• Policy is in full compliance and at least covers minimal requirements as governed by Nigerian Law.
• Major stakeholder with the financial year-end audit process.
• Ensure that all major reviews, schedules and prepared by clients listings are compeleted for audit review.
• Responsible for calculating tax returns and statutory filings.
• Compile statutory accounts with notes.

Requirements

• Minimum qualification of 1st degree or its equivalent.
• Mandatory Youth Service Certificate or Exemption Letter.
• ICAN qualification with 5 years post qualification experience is a must
• Good interpersonal skills.
• Ability to make presentations to directors.
• Development of budgets, monthly accounts, variance analysis and commentary
• Working effectively with non finance managers
• Effective Team Manager,including managing regional and remote teams.
• Detailed knowledge of revenue accounting and the controls required to ensure that all sales and cash due are being collected.
• Passion for strong financial control
• Team player