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Senior Associate, Finance

3 months ago

Victoria Island, Nigeria 21Search Limited Full time

Responsibilities

  • Provide world class financial control for the Group, its Businesses and Projects altogether, the Group.
  • Expertly manage the Group's book-keeping and financial reporting functions.
  • Take responsibility for the Group's treasury functions, ensuring sufficient liquidity at all times.
  • Forecast, prepare, present and implement workable expenditure budgets for the Group on a daily, weekly, monthly, quarterly, annual and other longer term periodic bases.
  • Ensure a world-class procurement including vendors registration and vetting process is in place in the Group and see to the strict implementation of the process.
  • Facilitate timely and auditable payments in the Group, particularly using the Group's proprietary TPay which all personnel and vendors must be signed on.
  • Oversee a proactive financing function that ensures that the Group explores and secures all credible sources for financing its operations and Projects; such sources to include but not limited to: equity contributions, short term loans including well-priced Loan Notes, money-market borrowings, long term loans including at the capital markets debt or equity, or with institutional borrowings.
  • Supervise the billing process of all Businesses by designing a system that ensures that all bills/fee notes go out accurately and as quickly as possible.
  • Know the finance or payment functions of all Clients in the Group and maintain all the relationships to ensure that collections come in as at when due.
  • Practically manage the receivables pool of the Group, by expertly ensuring that sufficient new bills are generated to enter into the pool and sufficient older bills are collected to avoid bad debts.
  • Manage receivables trade credits, expectations and the cost of service delivery and in this regard, appoint and work with debt recovery agents to ultimately collect doubtful and or bad debts of the Group.
  • Facilitate the Group's business and financial compliance processes, especially in relation to pensions, taxes and other relevant obligations to Government or Clients.

Requirements

  • Bachelor's Degree in Accounting, Finance or a related field
  • 7+ years of experience in Finance role, preferably senior role
  • Excellent analytical, problem-solving, and communication skills
  • Ability to engage and manage clients
  • Ability to work in a fast-paced environment and meet deadlines