KEY RESPONSIBILITIES
Work closely with the executive team to provide strategic leadership in all financial matters.
Formulate financial targets and budgets in accordance to the strategy determined by the Governing Council and monthly review of the same with budget holders.
Responsible for management of the capital expenditure budget to ensure high rate of return in investment.
Oversee treasury management to optimize cash flow and working capital.
Lead the negotiation of all financial contracts on behalf of the institute to get the best value in money.
Responsible for continuous review of internal controls and ensure adherence to mitigate any risks that may arise.
Ensure the institution complies with the statutory requirement like Tax, SHA, NSSF and audits to avoid penalties from regulators.
Secretary to the Finance and Investment Committee of the Governing Council responsible for taking meetings.
Oversee implementation of Governing Council resolutions in Finance Department to ensure compliance.
Serve as the first signatory of all institute bank's accounts to ensure accuracy of all payments before the final signatory.
Develop and train staff to ensure proper succession planning and availability of optimum skills.
KEY PERFORMANCE INDICATORS
Achievement of Profit Margin set
Timely preparation of Budget
Achievement of the set Budget
Sound working capital
Fixed assets safe custody
Ensure statutory compliance
Real time Financial reporting
Availability and optimal utilisation of resources
COMPETENCIES
Finance strategy development
Financial Accounting
Management Accounting
Reporting
Taxation
Reconciliation
Budget and Planning
Stakeholder relationship Management
Computer Literacy
International Financial Reporting Standards (IFRS)
KNOWLEDGE & EXPERIENCE REQUIRED
Master's Degree on a relevant field from a recognized institution.
Ten (10) years of relevant work experience
Be a CPA finalist and a registered Member of ICPAK