Head, Finance at Lagos State Government

Job Purpose:

Responsible for overseeing the Finance unit of the Fund, including overseeing cash flow planning, preparing, and reviewing budgets, as well as preparing the Fund’s books.

Duties and Responsibilities:

• Design and implement strategies and mechanisms to safeguard the fund’s financial assets
• Liaise with all relevant head to develop the Fund’s annual corporate budget and the allocation of financial resources
• Coordinate the proactive monitoring and reporting of budget positions of all the departments and units
• Coordinate the development and implementation of finance and accounting policies, processes, and procedures in line with leading practices
• Coordinate the identification of risks and medium to long term financial implications of intended corporate projects/initiatives and provide relevant advice to the fund’s executive management.
• Manage expenditure/transactions in line with the Fund’s approved financial authority limits.
• Ensure optimal capital expenditure for the Fund and ensure the fund has sufficient liquidity to meet its medium-term requirements and obligations
• Develop, articulate, and implement procedures and controls to ensure that the Fund’s financing requirements are proactively anticipated and met at a reasonable cost.
• Ensure effective utilization of the financial resources of the Fund including achieving cost efficiency in line with its business objectives
• Oversee the timely, accurate generation of relevant financial information/reports to aid the Fund’s executive management strategic decision making.
• Ensure timely and accurate preparation of the Fund’s financial statements in line with relevant statutory requirements and International Financial Reporting Standards (IFRS)
• Keep abreast of changes and updates to financial regulations.
• Continuously review the Finance department’s activities and make recommendations for improvement to the Head, Finance and Corporate services & reporting of product & program performance.

Qualifications and Experience:

• First Degree or Higher National Diploma certificate (minimum of lower credit) in Finance & Accounting from a recognized higher institution
• Master’s Degree will be an advantage
• Relevant professional accounting qualifications such as (CFA, ICAN, ACCA, ACA, CIMA)  
• Minimum of 8 years’ cognate experience in Accounting and Financial Analysis
• Good knowledge of Microsoft Office Suite and accounting software

Key Competencies:

• Financial Management Expertise
• Broad knowledge of accounting principles.
• Project Management Skills
• Leadership Skills
• Advanced accounting knowledge, including experience with IFRS
• Good interpersonal relationships & people management skills
• Organization and Planning
• Business Acumen
• Communication Skills
• Analytical and Problem-Solving Skills
• Attention to detail

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