Finance Manager Job in Lagos at Tociano Nigeria Limited

Tociano Nigeria Limited, the owners of Accessories 2die4, is recruiting to fill the position below:


Job Title: Finance Manager

Location: Lagos

Job Description

• Provide sound business and financial advice to Company’s Management
• Produce monthly Management Accounts
• Taxes: prepares monthly VAT returns, WHT remittance
• Assist in preparation of Payroll: monthly payments, follow up of loans / advances / leave allowances / pension funds
• Look after the Companies interests regarding Nigerian authorities and external auditors and Controls
• Providing information for fixed asset reporting, such as summarizing financial activity for inclusion in the property, plant and equipment section of the financial statements;
• Providing information for the preparation of tax schedules for depreciation and for gains and losses on the sale or exchange of fixed assets;
• Controlling assets that are not capitalized but for which a control register is maintained, such as tools and small equipment;
• Develop and ensure functional operation of a Management Information System (MIS) for corporate planning use
• Coordinating the physical inventory process for fixed assets;
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls
• Perform cash flow forecasting, budgeting and working closely with the operations and project team in analyzing margins, variances and cost analysis
• Establish and maintain systems for cost-sensitivity analysis
• Relocations of equipment, sales, disposals, thefts, and other losses;
• Reconciling the fixed asset register or sub-ledger, or the subsidiary asset management system to the general ledger control account for each class of fixed assets, and resolving any reconciling items;
• Preparing depreciation schedules and making accounting entries to record depreciation expense;
• Prepare Yearly Final Accounts and Liaise with External Auditors
• Monitor changes in legislation and publications regarding accountancy and financial matters
• Monitor the bank movements and their reconciliation with bank statements
• Ensure the preparation of standardized accounting procedures in the Company
• Consolidation of budgets vs actuals and financial planning
• Preparation and filing of Tax forms, excellent grasp of Tax matters and FIRS process
• Treasury management- cash planning and invoice processing
• Receivables: maintains individual ledgers, allocates payments to invoices, maintains WHT recoverable ledger and follow up with customers
• Keeping files of all supporting documentation for assets and capital projects;
• Maintaining schedules and files of insurance policies on fixed assets;
• Ensure accurate and prompt payment of bills.
• Reviews of asset activity for compliance with company policy; and
• Other duties as assigned by Management.

• Qualified Accountant - ACA/ACCA/FCA with Bachelor's Degree from a reputable tertiary institution
• Knowledge of ICG, SAGE and other accounting software
• Knowledge of all aspects of generally accepted accounting principles and International Financial Reporting Standards (IFRS).
• Master's Degree in Business Administration (MBA) or a professional designation such as certified public accountant (CPA) or certified management accountant (CMA) is preferred
• Six (6) years experience in accounting and finance role, including previous management responsibility.

• Strong oral and written communication skills in English
• Precise and well organized
• Problem identification and resolution
• Good work ethics.
• Strong leadership, technology and analytical skills
• Demonstrated negotiation skills