Head of Financial Performance, Reporting and Funding Job at CMB Building, Maintenance & Investment Company Limite
CMB Building, Maintenance & Investment Company Limited, established in 2002, operates as an all-inclusive Infrastructure and Real estate development organization. The company’s objective is to revolutionize the real estate industry to the point where participation is feasible across all classes of income.
We are recruiting to fill the position below:
Job Position: Head of Financial Performance, Reporting and Funding
Job Location: Lagos
Key Responsibilities
- Develops annual plans and budgets for the Finance department to support the achievement of the corporate strategy
- Develops, updates, and implements financial and accounting policies, procedures, and strategies across the organization.
- Advises Executive management to changes in financial regulations, legislation as well as changes in competition and market trends.
- Establishes and maintains accounting practices to ensure accurate and reliable data is available for business operations and planning.
- Provides financial advice on the organization’s short, medium and long term cash, funding, and risk situation to Executive management.
- Coordinates the preparation of the corporate budget and supports Heads of departments in the formulation of cost management measures.
- Develops and implements a robust and reliable financial reporting system for the organization.
- Ensures effective management of the organization’s financial resources, and compliance with annual Budgets.
- To provide effective analytical and cost accounting support for the organization’s operations.
- To effectively manage all payable and receivable accounts to ensure the availability of funds to finance business operations.
- To ensure the accurate recording of financial transactions, and the prompt reconciliation of all accounts.
- Develops and manages relationships with relevant external bodies/ contacts e.g. regulatory organizations, Auditors, Solicitors, Banks, Investors etc.
- Liaises with External and Internal Auditors for the smooth performance audit operations, and deals with any queries from the Auditors.
- Advises the Board and management on liquidity, investment and financial asset management.
- Manages key banking relationships to facilitate proper, timely and cost- effective funding of business operations.
- Implements and ensures compliance with the accounting policies and procedures of the group in line with financial regulatory standards.
- Oversees the preparation and communication of timely, accurate, and useful financial and management reports for investors, lending institutions and the Board of Directors on a periodic and /or ad-hoc basis.
- Coordinates the preparation and consolidation of statutory annual accounts and ensures compliance with all accounting and reporting requirements set out in the Companies & Allied Matters Act.
- Ensure that all statutory requirements for the Organization are met including charitable status, withholding payments, Income Tax etc.
- Provide accurate and timely reporting on the financial activity of individual projects.
- Managing the department efficiently.
- Any other duties assigned by the CFO.
Person Specifications
- A Bachelor’s Degree in Finance-related discipline.
- MBA with specialty in Finance would be an added advantage.
- Relevant professional certifications e.g. Chartered Financial Analyst, Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA).
- 12-15 years post graduation experience, 5 of which must have been in a Management position interfacing with Executive Team and Financial Partners.
Competencies:
Successful candidate will also demonstrate:
- Good knowledge of finance and accounting systems and practices.
- Proficiency in the use of relevant computer applications for financial reporting.
- Budgeting, financial forecasting and cost control.
- Investment planning and portfolio management.
- Financial reporting and Tax planning/management
- Strong project management skills
- Excellent interpersonal and negotiation skills.
- Presentation and communication skills.
How to Apply
Interested and qualified candidates should send their CV to: hr@cmbnigeria.com using the "Job title" as the subject of the email.
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