Financial Controller

Ensure Insurance Plc is changing the way insurance works for Nigerians. Our primary objective is to deliver innovative insurance products that work for you, our customer. From life insurance, education plans, motor insurance to home insurance, we’ve got you covered. 

We are recruiting to fill the position below:

Job Position: Financial Controller

Job Location: Lagos, Nigeria
Job Type: Full-time

Job Objective

• To provide Management with timely, complete and accurate financial information for business decision-making process; assume full responsibility to analyse financial status by collecting, monitoring, studying data and recommending actions.

Duties and Responsibilities

• Provides cost analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques
• Provides timely, accurate and relevant financial information to aid management decision-making.
• Oversees the effective reporting of monthly management information and reports, quarterly financial statements and company’s performance versus the budget
• Recommends actions by analyzing and interpreting data and making comparative analyses; studying proposed changes in methods and materials.
• Improves financial status by analyzing results; monitoring variances; identifying trends and recommending actions to management.
• Reconciles transactions by comparing and correcting data.
• Ensures the establishment and implementation of best practice financial activities supported by sound financial discipline in line with the company’s finance policies.
• Keeps abreast of the company’s financial status by comparing and analyzing actual results with plans and forecasts.
• Ensures timely and accurate preparation of the Company’s financial statements in line with relevant statutory requirements and International Financial Reporting Standards (IFRS).
• Manages the Company’s statutory reporting obligations on an accurate and timely basis including production of Annual Reports and Accounts, Half-Year Reports and Quarterly Reports, Shareholder Reporting and Presentations.
• Ensures all recommendations from the External Auditors’ Management Letters are adequately addressed.
• Oversees tax planning to optimise the company’s tax position and ensure tax compliance accordingly.
• Ensures robust planning, budgeting and forecasting processes for the Company.
• Manages the interface between the Company and external auditors.
• Build and maintain strong relationships with financial institutions such as banks, tax advisors, insurance brokers and local tax authorities (at the Federal and State levels).
• Perform any other duties that may be assigned by the Chief Financial Officer or Chief Responsibility Officer from time to time.

Experience

• Minimum of 7 years post NYSC work experience in Financial Control, preferably in the financial industry with at least 3 years in managing people.
• Candidate must possess a Bachelor's Degree in Accounting or any other related discipline.
• Membership of one or more relevant professional bodies (i.e. ICAN, ACCA,) is required.

Skills:

• Understanding of key financial regulations e.g. Companies Income Tax Act, Value Added Tax, Withholding Tax, Personal Income Tax Act, Pension Reform Act, etc.
• Must have knowledge of IFRS and insurance accounting
• Proficiency in IT and computer appreciation
• Good communications skills (written and oral)
• Time management and organisation skills
• Excellent presentation skills
• Competency in problem solving, cost accounting, statistical analysis, financial planning and strategy, reporting research results etc.

Attributes:

• Advanced financial and accounting knowledge, including in-depth understanding of finance best practices, international and Nigerian financial and accounting reporting standards
• Strong knowledge of the insurance industry including regulations, legislations and understanding of trends and developments that might impact on financing or accounting for operations within the industry
• Must have a high sense of responsibility, accountability, integrity and ethical standards

Deadline
Friday, 12th May, 2017.