Lead Finance Officer

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  • Location:

    Lagos, Nigeria
  • Industry:

    Banking / Financial Services
  • Job Type:

  • Salary:

  • Required Experience:

    6 to 10 years
  • Posted:

    29th August, 2017 (1 year ago)
  • Application Deadline:

    31st August, 2017

Name: MacTay Consulting
Email: recruitment@mactayconsulting.com
Phone: 01 270 6336
Website: www.mactaygroup.com
Address: No. 5 Prince Adelowo Adedeji Street Lekki Lagos Nigeria,

Job Description

A top, performance-driven consulting organization, with a deep-seated passion for enabling growth and development in people and companies.


        • ·         Compliance of business transactions with Finance policies and global finance best practices
        • ·         Enlighten the team on budget process and coordinate budget preparation process
        • ·         Ensure the finalization of the audited accounts to avoid penalty for late returns and filing
        • ·         Time to produce Management accounts
        • ·         Processing of third party invoices within 5 days after receipt
        • ·         Review monthly bank reconciliation statements
        • ·         Provide management with a cash forecast weekly and monitor cash position daily
        • ·         Furnish account holders and management with details of outstanding invoices weekly debtors report weekly

        ·         Develop and implement a client invoice tracker

        ·         Communicate unretired advances to staff within 7 days after job completion.

        ·         Ensure no duplication of payment on all vendor invoices.

        ·         Ensure no duplication of payment on all vendor invoices.

        ·         Ensure that the company does not suffer penalties due to non-compliance

        ·         Process payment of in-house staff within 48 hours of receipt of payroll file

        ·         Ensure payment and resolution of issues relating to outsourced payroll with 48 hours


        • ·          Co-ordinates the activities of the Finance Department.
        • ·          Implement company Financial Policies in line with approved procedures and IFRS.
        • ·          Provides Financial Advice to Management
        • ·          Financial advice on project /bids/proposals - the benefit and cost implications.
        • ·          Periodic Financial Reporting
        • ·          Ensures efficient budget and budgetary control system
        • ·          Treasury Management
        • ·          Debtor Management
        • ·          Contain Expenses
        • ·          Compliance to Law and Regulations
        • ·          Contain Expenses
        • ·          Payroll/Outsourced Staff Satisfaction


            • ·         A good university degree or its equivalent plus
            • ·         A recognised professional accounting qualification ACA, ACCA, CIMA etc.
            • ·         4 years post-qualification experience, 2 of which must have been spent at a managerial level. Knowledge of IFRS
            • ·         An MBA would be an added advantage.

            Required Skills