Hamilton Lloyd and Associates Recruits Head Financial Management

Hamilton Lloyd and Associates - Our Client is a leading indigenous conglomerate with business interests in key sectors of the Nigerian economy, including foods and agro-allied, energy (oil, gas and power), infrastructure, real estate and services. Due to internal vacancies they have decided to hire a Head Financial Management for their Real Estate Business.


Job Title: Head Financial Management

Location: Lagos

Job Summary
Oversee the management, analysis and reporting of financial assets in line with the requirements of International Financial Reporting Standards (IFRS), generally accepted accounting practices and company accounting practices.
Design, implement and periodically refine a pragmatic system of controls to drive sustained compliance with laid down polices and mitigate the business financial and operational risks

Main Responsibilities
Tactical
Actively participate in the articulation of the businesses operational and tactical plan
Define annual work programs and plans in line with the businesses overall plans and take ownership for communicating same to team members
Develop the unit’s policy and procedure document and ensure proper implementation following the receipt of appropriate approvals
Liaise with the Group Reporting and Risk Management department to design and implement appropriate controls and risk management framework as well a relevant supporting policies and procedures for the businesses
Develop and implement an effective cost management and monitoring framework to ensure business costs are kept within acceptable thresholds
Working with relevant Group departments, design appropriate management reporting frameworks and dashboard to enable easy monitoring of Company performance and enable seamless management decision making
Develop and implement relevant frameworks for project accounting ensuring real-time assessment and reporting of project financial performance against set targets
Work with the Head Group Treasury to periodically assess the Company’s financing structure in line with its funding needs and industry realities and propose refinements/amendments to the Company’s leadership as appropriate
Develop and implement appropriate frameworks for periodic review and analysis of project accounts

Operational
Develop, maintain and periodically analyse (budget Vs actual) the business budgets
Conduct periodic analysis of business operations (including industry benchmarks), cost, revenue, financial commitments and obligations against plan and advice the business’s leadership as necessary
Ensure timely and accurate preparation of the business financial statements in line with appropriate reporting standards and organisational accounting policies
Periodically review all postings, ensuring compliance with Group accounting policies and procedures, as well as statutory provisions.
Oversee the reconciliation of the various general ledger accounts, ensuring in-depth investigation of errors and their prompt resolution.
Approve entries to be posted for the purpose of correcting errors and irregularities in the general ledger and other accounts.
Oversee the preparation of periodic (monthly, quarterly, semi-annual, and annual) financial statements (Profit and Loss, Balance Sheet, Cash Flows e.t.c.).
Forecast and periodically review the business cash flow requirements and liaise with Group Treasury to ensure the business needs are met in a cost effective manner
Ensure relevant inputs to enable the assessment of the businesses financial performance are made available in a timely manner
Ensure the business complies with applicable taxes and regulations impacting business operation
Foster and maintain on-going relationships with the business bankers and other relevant stakeholders.
Provide overall guidance, leadership support and direction to subordinates.
Agree subordinate performance target and periodically monitor and assess performance against target
Prepare periodic reports and perform other duties as required/requested by the Executive Director

Key Performance Indicators
Strong understanding of IFRS implications and applications in the real estate and hospitality sector
Hands-on appreciation of financial planning/budgeting, financial modelling and cash flow liquidity management
Good appreciation of accounting processes and controls
Very strong data analysis and reporting skills
Good organisational and personal effectiveness skills
Good supervisory, coaching and mentoring skill
Excellent proficiency in the use of office productivity tools particularly MS Excel
Mature individual, able to relate effectively across board while maintaining professional detachment and assertiveness
The individual must be able to learn quickly and navigate learning curves effectively
Person must be able to work effectively with little or no supervision

Qualification
In respect of the ideal candidate profile:
First degree in economics, accounting or other numerate discipline.
Relevant professional qualifications (ACA, CIMA, CPA, ACCA).
Minimum of eight (8) years finance experience with at least two (2) years at managerial level.
Must have strong real estate exposure as well as prior audit experience

Application Closing Date
5th February, 2013

How To Apply
Interested and qualified candidates should send  CV to:
angel@hamiltonlloydandassociates.com