Financial Controller at Norrenberger Financial Group

Norrenberger is an Integrated Financial Services Group (Licensed & Regulated by the Central Bank of Nigeria (CBN) and the Securities & Exchange Commission (SEC) that operates a customer-focused business model offering clients a comprehensive range of financial products& services including Funds & Investment Management, Structured & Alternative Finance, SME Funding, Foreign Exchange and Business Advisory Services.

We are recruiting to fill the position of:

Job Title: Financial Controller

Location: Abuja

Job Summary

• The Financial Controller will undertake all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation.
• The Finance Controller responsibilities will also include tax management and administration, performance management and act as a consultant for senior managers, conducting cost and revenues analyses.

Job Description
Management Accounting:

• Maintains and enforces a documented system of accounting policies and procedures
• Manage outsourced functions
• Oversee the operations of the accounting department, including managing the organizational structure adequate for achieving the department’s goals and objectives
• Oversee accounting operations of the company and its subsidiaries
• Create an organizational structure within the accounting department to facilitate the achievement of the department’s short-term goals and long-term objectives.
• Manage and mentor junior personnel in the accounting department.

Transaction:

• Ensure that accounts payable are paid in a timely manner
• Ensure that all reasonable discounts are taken on accounts payable
• Ensure that accounts receivable are collected promptly
• Ensure that periodic bank reconciliations are completed
• Ensure that required debt payments are made on a timely basis
• Maintain the chart of accounts and manage GL for accuracy
• Management of tax- VAT, WHT, PAYE. Liaise with the company’s tax consultant, auditor and regulators for efficient tax management
• Advise and liaise with Operations on transaction postings to ensure that the correct GL are credited or debited
• Maintain an orderly accounting filing system
• Maintain a system of controls over accounting transactions

Financial Reporting and Budgeting:

• Preparation of monthly, quarterly and annual management account for management and regulators.
• Issue timely and complete financial statements.
• Coordinate the preparation of the corporate annual report.
• Recommend benchmarks against which to measure the performance of company operations.
• Calculate and issue financial and operating metrics.
• Manage the production of the annual budget and forecasts.
• Calculate variances from the budget and report significant issues to management.
• Provide for a system of management cost reports.
• Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations.
• Ensure that financial reports comply with current accounting principles and financial reporting standards.
• Publish complete and timely financial statements to company executives, shareholders, and the board.
• Account for any budget variances and report significant discrepancies to management.
• Recommend benchmarks for the measurement of company financial performance goals.
• Responsible for the filing of quarterly and annual reports with the Securities and Exchange Commission.

Compliance:

• Provide regulatory reports to compliance department for rendition
• Coordinate the provision of information to external auditors for the annual audit
• Monitor debt levels and compliance with debt covenants
• Comply with local, state, and federal government reporting requirements and tax filings.

Experience & Qualification

• Minimum of Second Class degree in Accounting or Finance. Master’s Degree is an added advantage.
• Chartered Accountant (ACA/ACCA) with a minimum of 6 years working experience in the finance sector- Commercial Bank, Merchant Bank, Finance House or National Microfinance Bank.
• Experience with financial reporting requirements- IFRS and IAS
• Demonstrated experience with the use EasyBank Application
• Good knowledge of SEC and CBN policies on financial reporting
• Demonstrated experience in liaising with Auditors
• Ability to pay keen attention to details.
• Strong analytical and decision making skills.

Key Competence Requirements:

• Knowledge of accounting and financial reporting standards- IFRS and IAS
• Use of EasyBank Application
• Strong analytics and problem solving skills
• Vast across accounting and finance spectrum- Financial, Management, Tax, Audit and financial investigation
• Working knowledge of Microsoft Office Suites Word, Excel and Access.
• Able to work well in a team and on own initiative.
• Database Management
• Excellent interpersonal skills
• Energetic and with sound decision making skills

Application Closing Date
31st July, 2020.