Finance Manager Job at Abans and Company Limited

Abans and Company Limited - Our client is recruiting suitable candidates to fill the position below:

Job Position: Finance Manager
Job Location: Kano
Employment Type: Full-time

Role and responsibilities
Financial Planning and Budgeting:

Develop and oversee the annual budget for the group, coordinating with department heads to set realistic projections and expense limits.
Work closely with project managers to prepare project-specific budgets, ensuring cost controls and alignment with overall group financial objectives.
Monitor budget performance, identifying variances and recommending corrective actions to keep the organization within financial targets.

Financial Reporting and Analysis:

Prepare accurate and timely monthly, quarterly, and annual financial reports, providing insight into financial performance across business units.
Conduct financial analysis to support strategic decisions, focusing on profitability, cost efficiency, and financial sustainability.
Develop key financial metrics and KPIs to measure and monitor the performance of various business units and report these to senior management.

Cash Flow and Treasury Management:

Oversee cash flow planning and ensure adequate liquidity for day-to-day operations and long-term investments.
Manage the group’s cash reserves and ensure effective treasury management by optimizing banking relationships and managing financial transactions.
Identify and implement strategies to enhance cash flow, including the efficient handling of receivables, payables, and investments.

Internal Controls and Compliance:

Develop, implement, and monitor internal controls to safeguard the organization’s assets, prevent fraud, and ensure the accuracy of financial records.
Ensure compliance with financial regulations, tax laws, and company policies across all business units.
Coordinate with internal and external auditors, providing necessary documentation and responding to audit findings and recommendations.

Cost Management and Optimization:

Implement cost control measures across departments to improve efficiency and reduce unnecessary expenses.
Work with department heads to review operational costs and identify areas for cost savings without compromising on quality or performance.
Analyze cost structures and recommend process improvements for more efficient resource allocation across the group.

Payroll and Benefits Management:

Oversee payroll administration and ensure accurate, timely processing in compliance with local tax regulations and labor laws.
Manage employee benefits and liaise with HR to ensure that payroll and benefits align with budgetary constraints and organizational policies.

Financial Strategy and Risk Management:

Contribute to the development of financial strategies to support the group’s growth and expansion objectives.

Vendor and Procurement Financial Oversight:

Collaborate with the procurement department to negotiate vendor contracts, ensuring cost-effectiveness and compliance with financial guidelines.
Review and approve major purchases and capital expenditures, ensuring alignment with budgetary allocations and financial policies.

Leadership and Team Development:

Manage, mentor, and develop the finance team to enhance their skills and performance, promoting a culture of continuous learning and accountability.
Provide training to non-financial managers on financial principles to improve budget management and financial understanding across departments.

Reporting to Stakeholders:

Provide financial insights to the executive team, board of directors, and investors, ensuring transparency in financial matters.
Prepare financial presentations for senior management meetings, focusing on performance, key challenges, and growth opportunities.
Identify financial risks and develop strategies to mitigate them, including currency risks, investment risks, and operational financial risks.
Conduct financial modeling and scenario analysis to support strategic planning and investment decisions.

Requirements

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