Head, Finance & Corporate Planning at Triumph Power and Gas Systems Limited

Location: Lekki, Lagos

Job Summary

  • Accountable for setting the strategy and driving the delivery of the daily operation of the finance function, including treasury, budgeting, auditing, tax, accounting, capital purchasing, risk management, long-term forecasting and insurance activities.
  • Guiding senior executives in making sound business decisions in the long and short term.

Duties & Responsibilities

  • Business partnering with relevant managers within the company in order to provide financial support and information
  • Overseeing preparation of the management accounts pack, inclusive of the monthly P&L and balance sheet Proficiency in SAP Business one
  • Preparation of statutory accounts
  • Accountable for setting the strategy and driving the delivery of the daily operation of the finance activities, including treasury, budgeting, auditing, tax, accounting, capital purchasing, risk management, long-term forecasting and insurance activities
  • Deliver recommendations relating to financial and tax considerations of investments, as well as other business transactions
  • Ensure financial reports on SAPB1 up to date
  • Assume super user status for SAPB1
  • Oversee the company’s accounting systems and procedures, and ensure they are up-to-date and in compliance with all applicable statutory and regulatory requirements
  • Provide advice and review across the function related to compliance with appropriate statutory and regulatory requirements
  • Produce annual budgets by November 30th every year
  • Monthly Management and performance monitoring reports
  • Liase with Auditors to ensure annual audits are done in time to avoid any penalties
  • Financial management, including the preparation, issue and filing of quarterly and annual audited financial statements and reports
  • Manage and track the company’s funds, assets and investments, and periodically issue reports on current and projected financial conditions
  • Analyse general business and financial conditions to assess their impact on the company’s policies, operations and profitability
  • Identify and secure project financing, including negotiation, structuring and documenting packages and agreements
  • Identify and implement interventions to minimise the company’s tax liabilities
  • Leadership and mentoring of a high-performance team
  • Manage cash balances and ensure cash flows are adequate to allow business unit to operate effectively
  • Forecast cash payments and anticipate challenges arising from limited cash flow
  • Maintain relationships with banks and negotiate interest rates on deposits, APGs and bonds for various projects within business units
  • Work closely with the Managing Director to prepare budgets and track profit / loss performance of business unit on consolidated basis
  • Liase with Tax authorities /consultants to achieve efficient tax structure and prompt returns to avoid penalties
  • Organise annual audits
  • Ensure compliance with all regulatory bodies both financial and operational
  • Identify new business opportunities and report on this
  • Ensure adequate funding for company operations and growth plans
  • Produce monthly financial statements, cashflow statement, bank reconciliation, Performance ratios and Age analysis reports
  • Ensure optimal Corporate financial structure
  • Review all transactions for adequate financial return and risk mitigation.
  • Ensure adequate funding for company operations and growth plans
  • Complete tax filings and deal with matters relating to the FIRS and IRS of various states.
  • Maintain a system of policies and procedures that impose an adequate level of control over the activities of the finance department.

Education & Experience

  • First Degree in Accounting or Finance or any related discipline
  • Masters degree in Finance or related discipline is desirable
  • Professional certification from a recognized Accounting Body (ICAN, ACCA, CIMA, CPA)
  • Minimum of 5 years Accounting or Finance experience managing the financial accounts of a company
  • Knowledge of projects management /costing – capital budgeting/cash flow/funds flow analysis
  • Understanding of bid management, tendering and project costing principles, with analytical and interpretive abilities
  • Proficient with statutory provision with respect to the tax management, pension & other relevant statutory requirement.

Knowledge:

  • Accounting & Finance
  • Asset Management
  • Business Process Improvement
  • Cashflow Management
  • Financial Reporting
  • Payroll Management
  • Tax Management
  • Budgeting
  • Commercial and business awareness
  • Procurement and Supply Chain Management

Skills / Physical Competencies:

  • Analytical skills
  • Negotiation skills
  • People Management
  • Good communication skills
  • Management skill
  • Change management
  • Report writing skills
  • Interpersonal skills
  • Relationship Management
  • Good time-management skills
  • Eye for details

Behavioural Competencies:

  • Integrity
  • Fairness
  • Consistent
  • Accuracy
  • Independent
  • Financial Intelligence

Quality / Technical Competencies:

  • Proficient with MS Office applications.
  • High proficiency in MS Excel
  • Computer and Information technology appreciation
  • Proficiency in SAP Business one.

Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

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