The Role
Oversee financial operations, manage daily activities, ensure compliance, prepare financial statements, assist in budgeting, and lead finance team.
Summary Generated by Built In
Job Summary:
The Head of Finance Operation
will oversee the financial operations of CIG Motors Company Limited, ensuring
the accuracy and efficiency of financial processes. This role involves managing
day-to-day financial activities, implementing financial policies, and ensuring
compliance with regulatory standards. The Head of Finance Operation will work
closely with other departments to support financial planning, reporting, and
decision-making.
Key Responsibilities:
1. Financial Management:
· Oversee daily financial
operations, including accounts payable, accounts receivable, payroll, and
general ledger functions.
· Ensure timely and accurate processing of financial transactions and reconciliations.
· Manage cash flow and ensure adequate liquidity for operational needs.
· Ensure timely and accurate processing of financial transactions and reconciliations.
· Manage cash flow and ensure adequate liquidity for operational needs.
2. Financial Reporting:
· Prepare monthly, quarterly,
and annual financial statements in compliance with IFRS.
· Conduct financial analysis and provide reports to senior management.
· Ensure the accuracy and integrity of financial data and reporting.
· Conduct financial analysis and provide reports to senior management.
· Ensure the accuracy and integrity of financial data and reporting.
3. Budgeting and Forecasting:
· Assist in the preparation of
annual budgets and periodic forecasts.
· Monitor financial performance against budgets and provide variance analysis.
· Support strategic planning and decision-making with financial insights.
· Monitor financial performance against budgets and provide variance analysis.
· Support strategic planning and decision-making with financial insights.
4. Compliance and Internal
Controls:
· Ensure compliance with
financial regulations, company policies, and accounting standards.
· Develop and implement internal controls to safeguard company assets and ensure financial accuracy.
· Liaise with auditors and regulatory bodies during audits and inspections.
· Develop and implement internal controls to safeguard company assets and ensure financial accuracy.
· Liaise with auditors and regulatory bodies during audits and inspections.
5. Process Improvement:
· Identify opportunities for
process improvements and implement best practices in financial operations.
· Automate and streamline financial processes to enhance efficiency and accuracy.
· Collaborate with IT to maintain and upgrade financial systems and tools.
· Automate and streamline financial processes to enhance efficiency and accuracy.
· Collaborate with IT to maintain and upgrade financial systems and tools.
6. Team Leadership:
· Lead, mentor, and develop
the finance operations team.
· Foster a culture of continuous improvement and high performance.
· Ensure effective communication and collaboration within the finance team and with other departments.
· Foster a culture of continuous improvement and high performance.
· Ensure effective communication and collaboration within the finance team and with other departments.
Requirements
Qualifications and
Experience:
· Bachelor’s degree in
accounting, Finance, or a related field.
· Professional accounting qualification (e.g., ACA, ACCA, CPA).
· Minimum of 12 years of experience in finance operations or a related role.
· Strong knowledge of IFRS and Nigerian financial regulations.
· Proficiency in accounting software and ERP systems (e.g., Sage 300, SAP).
· Advanced Excel skills and ability to analyze complex financial data.
· Excellent communication and presentation skills.
· Strong leadership and team management abilities.
· High attention to detail and accuracy.
· Ability to work under pressure and meet tight deadlines.
· Professional accounting qualification (e.g., ACA, ACCA, CPA).
· Minimum of 12 years of experience in finance operations or a related role.
· Strong knowledge of IFRS and Nigerian financial regulations.
· Proficiency in accounting software and ERP systems (e.g., Sage 300, SAP).
· Advanced Excel skills and ability to analyze complex financial data.
· Excellent communication and presentation skills.
· Strong leadership and team management abilities.
· High attention to detail and accuracy.
· Ability to work under pressure and meet tight deadlines.
Key Competencies:
· Financial acumen
· Leadership and team management
· Strategic thinking
· Attention to detail
· Problem-solving skills
· Strong communication skills
· Ethical and integrity-driven
· Adaptability and flexibility
· Leadership and team management
· Strategic thinking
· Attention to detail
· Problem-solving skills
· Strong communication skills
· Ethical and integrity-driven
· Adaptability and flexibility
Benefits
- Competitive
Salary
- 13th Month
Allowance
- Leave
Allowance
- Monthly Performance
Bonus
- Retirement Savings
- Robust Medical Coverage
- Daily Lunch
- Staff Transportation
- Employee Car Ownership Scheme
- Learning & Development Budget
- Group Life Insurance
- Paid Time Off
- Opportunity to work
in a fast-paced and dynamic environment
Skills Required
- Bachelor's degree in accounting, Finance, or a related field
- Professional accounting qualification (e.g., ACA, ACCA, CPA)
- Minimum of 12 years of experience in finance operations or a related role
- Strong knowledge of IFRS and Nigerian financial regulations
- Proficiency in accounting software and ERP systems (e.g., Sage 300, SAP)
- Advanced Excel skills and ability to analyze complex financial data
- Excellent communication and presentation skills
- Strong leadership and team management abilities
- High attention to detail and accuracy
- Ability to work under pressure and meet tight deadlines
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The Company
What We Do
CIG Motors is an original equipment manufacturer (OEM) and the exclusive representative and distributor for leading Chinese automotive brands in Nigeria, offering a wide range of automobiles.
