Finance Manager Job in Lagos at JNC International Limited
JNC International Limited is a Turnkey Medical Equipment solution
company, representing an impressive list of international manufacturers
of leading medical technology brands, that are global providers of
Medical Technology solutions.
We are recruiting to fill the position of:
Job Title: Finance Manager
Location: Lagos
Basic Functions
- The finance manager should manage funds in such a manner as to
maximize return on investment while minimizing risk, and while also
ensuring that an adequate control structure is in place over the
transfer and investment of funds.
- Further, the finance manager engages in financial analysis in
such areas as forecasting, budgeting, engaging in cost reduction
analysis, and reviewing operational performance.
- The position is considered to be more senior than the financial analyst position.
Principal Accountabilities
Management:
- Maintain a documented system of accounting policies and procedures.
- Manage outsourced functions.
- Oversee the operations of the treasury department, including the
design of an organizational structure adequate for achieving the
department's goals and objectives.
Funds Management:
- Forecast cash flow positions, related borrowing needs, and available funds for investment.
- Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
- Assist in determining the company's proper capital structure.
- Arrange for equity and debt financing.
- Invest funds.
- Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows.
- Use hedging to mitigate financial risks related to the interest
rates on the company's borrowings, as well as on its foreign exchange
positions.
- Maintain banking relationships.
Budgeting:
- Manage the preparation of the company's budget.
- Report to management on variances from the established budget, and the reasons for those variances.
- Assist management in the formulation of its overall strategic direction.
Financial Analysis:
- Engage in ongoing cost reduction analyses in all areas of the company.
- Participate in target costing activities to create products that meeting predetermined price goals.
- Assist in the determination of product pricing in relation to features offered and competitor pricing.
- Compile key business metrics and report on them to management.
- Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis.
- Create additional analyses and reports as requested by management.
- Review the performance of competitors and report on key issues to management.
- Engage in benchmarking studies to establish areas of potential operational improvement.
- Interpret the company's financial results to management and recommend improvement activities.
- Review company bottlenecks and recommend changes to improve the overall level of company throughput.
Additional Accountabilities:
- Oversee the extension of credit to customers.
Desired Qualifications
- The finance manager candidate should have a Bachelor's Degree in
Finance or Accounting, or equivalent business experience and 5 -7 years
of progressively responsible experience for a major company or division
of a large corporation.
- Excellent written, presentation and communication skills are
essential, particularly in regard to presenting the results of analyses
to management. Should have an outstanding knowledge of electronic
spreadsheets.
- Preference will be given to candidates with Certifications.
How to Apply
Interested and qualified candidates should send their CV's and applications to:
[email protected]
Application Deadline 18th December, 2015.