Finance Manager

LEAD Enterprise Support Company Limited is a foremost Human Resources Solutions organization with many years of cumulative experience and expertise. We are prolific in Outsourcing, Recruitment, Head hunting and HR Advisory. We are a multi-sectorial servicing company, with landmark service deliverables to our clients in varied industries. We are recruiting to fill the position below:

Job Title: Finance Manager

Location: Alausa-Ikeja, Lagos

Employment Type: Full-time

Reports To: MD/CEO Direct Reports: Accountant and Accounts Officer

Industry: Investment

Job Summary

We are seeking an experienced and highly analytical Finance Manager to provide strategic and operational leadership for the Finance function of an investment company and support the financial oversight of its subsidiary businesses. The successful candidate will be responsible for financial accounting and reporting, budgeting and forecasting, management accounting, cash flow management, payroll oversight, investment analysis, fundraising, audit, tax compliance, financial controls and risk management. The Finance Manager will also consolidate and analyze the financial and operational performance of subsidiary businesses and provide Management with accurate financial insights to support strategic planning, investment decisions, profitability and sustainable business growth.

Key Responsibilities

Financial Accounting & Reporting: Lead and supervise the Finance team and ensure effective delivery of the department's responsibilities. Maintain accurate, complete and reliable accounting records and financial systems. Prepare monthly, quarterly, half-yearly and annual financial statements and management reports. Prepare and review profit and loss accounts, cash flow statements, variance analyses and financial commentaries. Manage the Company's cash flow and monitor liquidity requirements. Identify, investigate and report accounting inconsistencies and financial control issues. Ensure compliance with applicable financial reporting, tax and statutory requirements. Coordinate internal and external audits and implement agreed recommendations. Liaise with external auditors, tax consultants, banks, financial institutions and relevant regulatory authorities. Budgeting, Forecasting & Financial Planning Prepare comprehensive annual budgets and financial forecasts in line with the Company's strategic objectives. Coordinate and guide the annual budgeting process across subsidiary businesses. Review subsidiary budgets to ensure alignment with Group objectives and financial expectations. Consolidate approved budgets, forecasts and financial results across the Company and its subsidiaries. Prepare periodic budget-performance reports and analyze actual results against budgets and forecasts. Identify and explain material financial variances and recommend appropriate corrective actions. Develop periodic forecasts to support Management's business planning and decision-making. Management Accounting & Business Analysis: Provide timely and accurate management reports to support executive decision-making. Analyze the financial performance of the Company and its subsidiaries using ratios, trends, KPIs and other analytical tools. Develop management and performance-analysis packs and present relevant commercial insights to Management. Assess the financial implications of key management and operational decisions and recommend improvements. Conduct financial modelling and business-case analysis for existing and prospective investments. Evaluate new projects and investment opportunities using financial metrics including NPV, future value, break-even analysis and payback period. Conduct ad hoc financial and commercial analyses as required by Management. Investment & Fundraising: Support the management and monitoring of the Company's investment portfolio. Conduct financial research and analysis and prepare periodic investment reports. Develop well-informed investment recommendations based on appropriate financial and commercial analysis. Assess funding and investment requirements and recommend suitable strategies. Lead and support fundraising initiatives for the Company and its subsidiaries. Maintain effective relationships with banks, financial institutions, investors and other relevant stakeholders. Payroll Management: Provide oversight for the payroll function to ensure employees are paid accurately, completely and in accordance with approved Company policies. Establish appropriate payroll controls and validation procedures. Ensure periodic reconciliation between payroll and Finance records. Investigate and resolve payroll discrepancies. Risk Management, Controls & Compliance: Conduct financial and operational risk assessments for the Company and its subsidiaries. Develop and implement appropriate financial policies, procedures and internal controls to mitigate identified risks. Ensure compliance with applicable financial, statutory, tax and regulatory requirements. Ensure accounting and financial records meet the requirements of auditors and relevant government/regulatory agencies. Review audit findings and ensure appropriate corrective actions are implemented. Provide necessary support to external auditors and tax consultants. Leadership & People Development: Lead, manage, coach and motivate members of the Finance team. Establish clear responsibilities, performance expectations and accountability within the department. Identify competency and development needs within the Finance team. Support staff development through coaching, mentoring, personal development plans and relevant internal and external training. Key Stakeholder Relationships: Internal: Finance Team, MD/CEO, Management Team