Finance Manager at Intelligent Innovations Limited

March 15, 2022

Job Description

Finance Manager – Intelligent innovations is a technology company that provides custom and bespoke technology solutions to large, medium, and small organizations across various sectors. We help our clients and end consumers by continuous innovation of value-added services and improvements in their technology and processes. We also back this up with a high degree of quality in service delivery. Our expertise spans various industry verticals and our experience gives our clients a stable technology and process foundation which allows them to focus on their primary business priorities.

Finance Manager

Finance Manager at Intelligent Innovations Limited

We are recruiting to fill the position below:

Job Position: Finance Manager

Job Location: Lagos
Employment Type: Full-time

Job Brief

  • As Finance Manager, you will be responsible for supporting all project financing and accounting activities, maintaining financial procedures and systems, accounting, auditing, reporting, tax, budgeting, and working capital management.

Job Responsibilities

  • Responsible for strategic financial planning and management reporting activities in the organization.
  • Lead project financing activities, including financial analysis, budgeting, invoicing, timely and accurate bank reconciliations, monitoring of expenditure levels against budget and funding obligations.
  • Lead the preparation of company and project budgets and monitor their implementation.
  • Preparation of monthly, quarterly, and annual Management Reports, Budgets, and Financial plans and ensures compliance with statutory regulations.
  • Ensures the prompt reporting of financial performance at period end (e.g., income, balance sheet position, bank reconciliation) including relevant insightful analysis.
  • Monitor financial controls for effectiveness and efficiency and ensure identified lapses are escalated on a timely basis.
  • Ensure revenue reporting is done in line with the provisions of IFRS15.
  • Manages and controls receivable General Ledger accounts.
  • Prompt collection of receivables from clients.
  • Performs monthly review of the general ledger and ensure they are backed up with relevant schedules.
  • Preparation of monthly Tax Returns – PAYE, VAT & WHT and handling all Tax Matters.
  • Variance analysis of forecast to actual and explanation of those variances.
  • Assist in the preparation of financial statements and perform financial analysis to aid effective decision-making.
  • Draft accounting policy and procedure manuals, regularly update and ensure compliance.
  • Maintain records and receipts of all financial transactions.
  • Act as a key point of contact with external partners including merchants, clients, and vendors on payments, logistics, billing, and invoicing.
  • Take responsibility for processing purchase orders and invoices.
  • Assist in the company’s financial procedures which include but are not limited to audit, tax, and budgeting processes.
  • Monitor the company’s working capital and ensure data integrity in all financial reporting.

Competencies Required

  • Bachelor’s Degree in Finance, Accounting, or other related fields.
  • Professional qualification: ICAN or CFA is preferable.
  • 5+ years work experience in a similar role with sound knowledge of generally accepted accounting principles; 2 must be in a supervisory/managerial role.
  • Proficiency using popular accounting software; QuickBooks will be an added advantage.
  • Ability to ensure accounting policies and procedures are followed.
  • Excellent analytical and problem-solving skills.
  • Strong ethical principles and ability to manage confidential and sensitive financial information.
  • Attention to detail.
  • Good Management abilities.
  • Knowledge of GAAP/ IFRS.
  • Knowledge of finance, accounting, budgeting, and cost control principles.
  • Ability to analyze financial data and prepare financial reports, statements, and projections.
  • Excellent communication & presentation skills.
  • Negotiation
  • Working knowledge of Microsoft Office Suite and other relevant accounting tools.

What is accounting?

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities.