Head, Financial Control

2 days ago

Lagos, Lagos, Nigeria Fosad Consulting Full time ₦1,200,000 - ₦3,600,000 per year
Company Description

Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting.

We have been mandated by a client of ours to source for a top notch individual to fill the role of Head, Financial Control.

Our client is a leading global financial institution offering Life Assurance and Short-Term Insurance services and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.

Job Description

Key Focus


• Responsible for the financial accounting/ control function in the business unit.


• Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records


• Contributes to and implements financial strategy.


• Assists in deciding on the financial and business viability of new and existing projects and programmes.


• Analyses financial records such as income trends.


• Plans and prepares budgets and documents such as the annual report, according to organisational goals.


• Analyses and monitors the effect of budget or policy changes on business unit productivity.


• Responsible for audit liaison as well as tax, legislative & statutory requirements.

Key Result Areas

Financial Control


• Contributes to and implements financial strategy.


• Responsible for the financial accounting / control function in the business unit through other managers and their teams.


• Carries overall responsibility for the preparation and quality of financial accounts.

Financial Analysis


• Analyses financial records such as income trends.


• Analyses and monitors the effect of budget or policy changes on the business unit's productivity.


• Assists in deciding on the financial and business viability of new and existing projects and programmes.

Financial Reporting


• Plans and prepares budgets and documents such as the annual report, according to organisational goals.

Governance and Compliance 


• Liaises with internal and external auditors.


• Ensures tax, legislative and statutory requirements are met.

Team Effectiveness


• Individually accountable for staff time, tasks and output quality, over periods of up to 1 year.


• Guides and directs staff to achieve operational excellence standards.


• Balances own priorities with directing and motivating others.


• Creates a climate for optimal performance.

Accountability


• Manages performance.


• Selects potential staff to sustain customer / client service delivery.

Qualifications


•15 years' experience minimum


•Individually accountable for the financial accounting/ control function in the organisation through staff supervised over periods of 3 months to a year.  


•Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records.


• Knowledge of local and global insurance practices.


•Qualified Accountant – ICAN, ACCA, etc.


•Experience in a financial services firm (Big Four) is an advantage.


•Managerial skills.


•Presentation skills.


•High level Financial Acumen.


•Great Interpersonal skills.

Additional Information

Remuneration is highly competitive.

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