The African Medical Centre of Excellence (AMCE) in partnership with King's College Hospital London (KCH) is seeking talented individuals to fill the role of Financial Reporting & Treasury Manager.

The African Medical Centre of Excellence, Abuja (AMCE Abuja), a multi-specialty medical institution developed by Afreximbank in partnership with King's College Hospital London (KCH) aims to revolutionize healthcare in Africa. Established to address critical gaps, the AMCE Abuja is committed to providing world-class care through innovative research, development, and education. The partnership with King's College Hospital ensures global expertise, world-class clinical training, research, and professional development. The Centre will offer comprehensive services in oncology, haematology, cardiovascular care, and general healthcare across the continent, with plans for expansion. The construction phase, supported by global partners, precedes a phased rollout over six years, evolving into a 500-bed facility.

Set to commence operations in early 2025, this flagship facility in Abuja is a key part of Afreximbank’s network of healthcare facilities, actively countering brain drain, reducing medical tourism by offering advanced procedures such as stem cell transplantation and state-of-the-art treatments for various diseases, and fostering employment opportunities. The vision for the AMCE initiative is to shape a healthier and more educated future for Africa.

Applications Close

Monday, January 6, 2025.

Job Purpose

The Financial Reporting & Treasury Manager will oversee the preparation of accurate and timely financial reports, ensuring compliance with regulatory requirements and organizational policies. The role holder will also manage AMCE’s treasury functions, including cash management, investments, and funding strategies.

Core Responsibilities

Financial Accounting

• Prepare accurate and timely financial statements, including income statements, statements of financial position, and cash flow statements, adhering to relevant accounting standards (IFRS) and ensuring compliance with financial reporting regulations and standards such as IFRS.
• Analyze financial data to identify trends and potential issues, prepare management accounts and financial reports for internal and external stakeholders, and coordinate with external auditors to ensure accurate and timely audits.
• Prepare and file tax returns, including corporate income tax, VAT, and other relevant taxes, manage tax audits, and ensure compliance with tax regulations.
• Conduct financial analysis to assess AMCE’s financial performance, identify areas for improvement, and analyze financial ratios and key performance indicators to monitor AMCE’s financial health.
• Develop and maintain a robust system of accounting policies and procedures, ensure adherence to accounting policies and procedures and update accounting policies and procedures as needed to reflect changes in accounting standards and business practices.
• Implement and maintain strong internal controls to safeguard assets, ensure accurate financial reporting, and conduct regular internal audits to assess the effectiveness of internal controls.

Taxation

• Ensure compliance with all relevant tax laws and regulations, including corporate tax, income tax, VAT, and other indirect taxes.
• Monitor tax legislation and regulatory changes to ensure compliance, prepare and file tax returns accurately and timely and advise on tax implications of business transactions and strategic decisions.
• Conduct tax risk assessments to identify potential tax risks and develop mitigation strategies, identify and implement tax-efficient strategies to minimize tax liabilities and advise on tax planning opportunities, such as structuring transactions, claiming tax deductions, and utilizing tax incentives.
• Manage tax audits and investigations conducted by tax authorities, prepare and submit necessary documentation to support tax positions and negotiate with tax authorities to resolve tax disputes and minimize tax liabilities.
• Develop and implement transfer pricing policies and procedures, prepare transfer pricing documentation to support intercompany transactions and manage transfer pricing audits and disputes.
• Advise on international tax matters, including cross-border transactions, foreign tax credits, and permanent establishment risks and assist with the preparation of tax returns for foreign operations.

Treasury Management

• Optimize cash flow by managing cash balances and forecasting future needs, implement efficient cash collection and disbursement processes and establish banking relationships and negotiate favorable terms.
• Identify and assess financial risks, including foreign exchange risk, interest rate risk, and liquidity risk. Implement risk mitigation strategies, such as hedging and diversification and monitor market trends and economic indicators to anticipate potential risks.
• Monitor foreign exchange rates, make timely decisions to optimize currency positions and manage foreign exchange exposure and implement hedging strategies.
• Build and maintain strong relationships with banks and financial institutions and negotiate favorable terms for banking services, such as loans, deposits, and trade finance.
• Invest surplus cash to maximize returns while minimizing risk, monitor investment performance and adjust as needed.

Data Analysis

• Collect data from various sources, including internal systems, external databases, and surveys, clean and preprocess data to ensure accuracy and consistency and address data quality issues.
• Use statistical analysis techniques to analyze data and extract meaningful insights, identify trends, patterns, and anomalies in the data and develop and apply statistical models to forecast future trends.
• Create clear and effective data visualizations, such as charts, graphs, and dashboards, and communicate data insights to non-technical stakeholders.
• Prepare regular and ad-hoc reports based on data analysis and present findings to management and other stakeholders.
• Develop and implement data governance policies and procedures and ensure data quality, security, and privacy.

Educational Requirements

• Bachelor's degree in finance, accounting, or a related field.
• Master's degree in business administration (MBA) with a specialization in finance or accounting.

Professional Requirements

• Relevant certifications (such as Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), Certified Treasury Professional (CTP))

Experience Requirements

• Minimum of 7 years in a financial role, preferably within the healthcare industry.
• Proven track record in financial reporting, accounting, and analysis.
• Experience in managing teams and leading projects.

Competency Requirements

Knowledge Requirements

• A deep understanding of International Financial Reporting Standards (IFRS).
• Knowledge of federal, state, and local tax laws and regulations.
• Familiarity with SEC regulations and other relevant financial regulations.
• Understanding of treasury functions, including cash management, risk management, and foreign exchange.
• Knowledge of financial analysis techniques, such as ratio analysis, trend analysis, and variance analysis.

Skill Requirements

• Financial Modeling
• Data Analysis
• Problem-Solving
• Communication
• Leadership
• Negotiation
• Attention to Detail

Personal Abilities

• Professional attitude towards work
• Shares the AMCE’s vision.
• Proactive and organized.
• Has personal and professional credibility and commands the respect of colleagues and peers. 
• Supportive and approachable and capable of inspiring confidence in staff members
• Ability to adapt accordingly.
• High levels of honesty and integrity
• Analytical Thinking
• Strategic Thinking
• Adaptability
• Time Management
• Ethical Conduct

African Medical Centre of Excellence, Abuja (AMCE Abuja) aims to be an Employer of Choice, providing equal opportunity for everyone regardless of their background, gender, race and other protected characteristics.