Finance Manager at Lontor Nigeria

Finance Manager at Lontor Nigeria – TDPel Jobs

LONTOR is a reliable brand that has been committed to providing high-quality, energy-efficient, convenient lighting and emergency household electrical products for the Nigerian consumer. With good quality and beautiful design, LONTOR today is welcomed by Nigeria market.

We are recruiting to fill the position below:
Job Title: Finance Manager
Location: Lagos

Job Responsibilities
Develop and implement standard finance, accounting, billing and auditing procedures in coordination with Finance HQ in China.
Take responsibility for all tax and statutory matters (e.g. Income Tax, PAYE, Pension, VAT. etc.), including the implementation of optimal tax structuring for the company, and accurate preparation of all tax returns and other statutory and regulatory information as required by governing bodies.
Maintain banking relationships and serve as primary liaison with financial institutions.
Create, coordinate and evaluate the financial programs and supporting information systems of the company for tax planning, salary payments etc.
Improve the automated financial and management information systems for the company
Oversee the approval process of revenue, expenditure, and position control documents,  mass salary updates, ledger and account maintenance and data entry
Establish and maintain appropriate internal control safeguards and manage all risks
To ensure expenses are matched with company budget
To prepare accurate monthly funding plans
To review all payment application request in accordance with company standards and guidelines.
To ensure effective management of company current and non- assets.
Ensure monthly cashflow are prepared and sent to the management as at when due.
Prepare financial structure, job descriptions, work lists, performance appraisals for team members
Coordinate weekly and monthly finance team meeting
Regular training of finance team members
Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
Provide full support to the GM on financial functions
Prepare annual financial and management report
Prepare monthly business analysis report
Work and support the external auditors during annual audit exercise.
Manage the account receivable report and ensure overdue outstanding balances are pay as at when due
Reconciliation of customer’s account statement
Review monthly inter-company reconciliation statement as prepared by subordinate
Ensure records systems are maintained in accordance with generally accepted auditing standards, assist in obtaining the necessary licenses and insurance required to operate the business
Be actively involved in the preparation of financial statements, financial & management reports, special analyses and information reports. Initiate corrective actions if needed; where appropriate finalise statutory accounts
Advise on investment activities and provide strategies that the company should take
Develop trends and projections for the firm’s finances.
Conduct reviews and evaluations for cost-reduction opportunities.
Steer the process of elaboration of monthly, quarterly and yearly financial statements/reports of the country in line with internal and external requirements within the set time frames
Ensure appropriate general and stock accounting; secure correctness of payment, transaction and document entry
Ensure the generation of reports and information based on ad hoc request
Take ownership and coordinate all financial audits as well as working with the internal and external auditors to ensure timely completion, sign-off and filing of annual audited accounts
Maintain close contact with Finance HQ in the Netherlands with regard to all Finance related issues and concerns
Experience and Education
First Degree in Accounting or relevant discipline
Master’s Degree in Finance or Accounting is a huge advantage
At least 10 years of progressive financial responsibility
At least 5 years’ experience in senior-level finance or accounting position and a holder of a CPA/CA/ACCA
Previous (senior) management experience within the energy industry is desirable
High level of proficiency in IFRS along with its right application
High level of proficiency in Microsoft Office, including Excel, Word, PowerPoint; web-based and email programs
Knowledge, Skills and Abilities:
Working knowledge of financial management systems, accounting policies and standards; tax management, cost accounting etc.
Ability to provide consultative support to all questions coming from Finance HQ
Demonstrable passion for our company’s mission; a hands-on manager with integrity and a desire to work in a dynamic environment.
An analytical mindset aimed at improving accounting and administration standards
The ability to develop effective working relationships and partnerships

Application Closing Date
31st July, 2021.

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