Finance Manager

  • Full-time

Company Description

Spacefinish is one of Africa’s leading Design/Build company that specialises in office spaces. We have a core team of 20 professionals, and network of +40 consultant partners across multiple African countries.

At Spacefinish we do not see ourselves as just Project Managers and Designers, rather we see ourselves as influencers of work culture and brand identity for our clients. Our clients have undergone huge “internal” brand transformation as a result of the spaces we have delivered to them. We have gathered data that shows that our human centered approach to workspace design and construction has positively changed employee behavior.

Job Description

PRINCIPAL DUTIES/ RESPONSIBILITIES
 

Budgeting 

  • Manage budgeting and forecasting for annual financial and business planning within the business unit
  • Recommend parameters and assumptions for budget forecasting in accordance with organizational needs and market conditions
  • Prepare financial forecasts to facilitate financial and business planning
  • Implement budget plans to manage resource allocation to business activities
  • Manage actual budget to enable financial operations to be measured against forecasted business plans
  • Monitor budget outcomes to ensure proper utilization and accounting of resources against their intended purposes 
  • Present financial forecasts, budgets and budget outcomes to immediate supervisors for review and approval

 

Financial Management and reporting 

  • Knowledge of Accounting standards for assets, liabilities and tax
  • Understands cash flow analysis
  • Knowledge of when there is threat to the organization's finances
  • Determine the organization's risk appetite
  • Determine the organization's cost of debt, cost of equity and expected returns
  • Provide cost-vs-benefit analysis on potential investments

 

Financial Analysis

  • Apply financial ratio analyses to support organisation's decision-making.
  • Draws valid and in-depth conclusions about the organization’s financial performance and financial adaptability  
  • Identify trends by comparing ratios across multiple time period and statement types
  • Prepare and interpret performance and position of an organisation using financial statements 

 

Financial Modelling

  • Determine cost and profit variances using costing methods. 
  • Knowledge of standard costing methods including the reconciliation of budgeted and actual profit margins
  • Planning and operational variances
  • Apply standard costing methods including the reconciliation of budgeted and actual profit margins
  • Distinguish between planning and operational variances

 

Tax Compliance and Management 

  • Aware of relevant laws and regulations on taxation across various tax types (VAT, WHT, levies, etc.)
  • Prepares relevant financial reports for taxation purposes
  • Conversant with various tax avoidance techniques and optimises all tax waivers and capital allowances in preparing taxation reports.
  • Identifies potential tax exposures and ensures compliance with tax laws.
  • Liaise with relevant tax authorities (LIRS, FIRS etc) to ensure remittance of all applicable taxes and collection of all necessary documentation

 

Financial Control

  • Coordinates the processing of accounting transactions.
  • Examines operational financial policies and processes and makes recommendations for improvement.
  • Conversant with accounting concepts/ principles and their accounting treatments.
  • Identifies accounting issues in transactions and ensures appropriate treatment/disposition.
  • Proactively identifies possible process control issues and highlights improvement recommendations
  • Other tasks and duties as assigned from time to time

Qualifications

Relevant professional certifications e.g. Chartered Financial Analyst (CFA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent is required

Minimum of 7 years post-qualification experience, 3 of which must have been spent in a managerial role.

Additional Information

Skills and Competencies 

  • Finance Acumen
  • Cost Optimization
  • Budgeting and financial forecasting
  • Financial Analysis and Interpretation
  • Financial Accounting
  • Financial Management
  • Business planning and analysis
  • Investment planning and portfolio management
  • Corporate finance
  • Financial reporting
  • Treasury management
  • Financial modelling and analysis
  • Tax planning/management
  • Knowledge of relevant Accounting software

 

Generic competencies

  • Strategic Awareness
  • Leadership and People Management
  • Operational Efficiency
  • Professionalism
  • Teamwork