Deloitte Ongoing Recruitment (Group Head, Finance) - 2015

Deloitte is one of the leading Downstream Oil and Gas Companies in Nigeria. The organisation offers career development, career enhancement and equal opportunity in the workplace. In view of the foregoing, the client seeks to attract, motivate and retain qualified staff in respect of the following positions

Job Title: Group Head, Finance

Job Field
Finance, Accounting, Audit

Job Summary
To achieve cost-effective utilisation of accounting and financial resources, through the definition and enforcement of Financial Standards, Policies and Procedures. The individual will to perform the following responsibilities and report directly to the Group Managing Director

Duties and Responsibilities
Develops and implements a robust and reliable financial accounting and reporting system in compliance with statutory requirements
Engages Executive Management and the appropriate Board Committee to develop short, medium, and long-term financial plans and projections
Develops and utilises financial models and activity-based financial analysis to provide a basis for investment decisions and business planning
Manages key banking relationships to facilitate proper, timely and cost-effective funding of business operations
Develops and maintains a system of appropriate financial policies, procedures and control to ensure efficient financial management
Monitors all third-party payments to ensure that such payments are justified by the value of work successfully completed and are in alignment with the approved budget
Reviews weekly financial reports submitted by relevant departments, units and presents timely reports to the Board of Directors
Oversees the preparation and communication of timely, accurate, and useful financial and management reports for management on a periodic and ad-hoc basis
Coordinates the preparation of the company’s financial reports and statutory reporting process
Raises funds as approved by the Board of Directors, to finance activities
Works to ensure that adequate controls are in place to facilitate seamless payment system
Puts in place measures or controls to ensure that all financial transactions are accurately captured and reported
Approves accruals and adjustments on erroneously posted financial transactions into the financial system
Liaises with external auditors to discuss and resolve queries as they arise to ensure seamless audit exercise
Develops and manages relationships with relevant bodies/contracts, e.g., regulatory organisations auditors, solicitors, bankers, etc.
Responds to relevant requests from financial institutions
Approves payrolls along with the Head-Human Capital to facilitate payment to staff
Advises Executive Management on changes in financial regulations, legislations and government tariffs
Manages the treasury assets to achieve optimal sourcing, application and growth of funds
Provides technical training, guidance and advise on financial accounting issues, developments and trends to other business or departmental heads
Oversees day-to-day accounting transactions and provides leadership to the Finance Department

Required Qualifications
Minimum of 12 years relevant experience, 5 of which have been in an Executive Management position of an organisation, interfacing with the Executive team and financial partners. Minimum of Bachelor’s Degree in Accounting, Finance, Economics or any related discipline
Relevant professional certifications, e.g., Chartered Financial Analyst-CFA, Institute of Chartered Accountants of Nigeria-ICAN, Association of Certified and Chartered Accountants-ACCA or its equivalent
Experience of statutory financial reporting and knowledge of GAAP, IFRS
MBA or Master’s degree in a related discipline is an advantage

Skills and Competencies
Business planning and analysis
Budgeting, financial forecasting and cost control
Corporate finance
Investment planning and portfolio management
Financial reporting and Treasury management
Financial modelling and analysis
Tax planning, management
Knowledge of relevant accounting software

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