HEAD OF FINANCE, NIGERIA

10 July
2020

Position: HEAD OF FINANCE, NIGERIA

Job description

Rendeavour is seeking to fill the Head of Finance position for its operations in Nigeria. This is an outstanding opportunity to be a lead player in Nigeria’s premier new cities and Africa’s urban future.

Responsibilities will include:

  • Develop and control Nigeria’s annual budget to ensure all financial targets are met and financial and statutory regulations are complied with;
  • Manage forecasting and budgeting processes;
  • Oversee preparation of all financial reporting for Nigeria;
  • Coordinate and supervise annual third-party valuation of Rendeavour assets in Nigeria;
  • Prepare and maintain comprehensive financial models (including DCF models) of all Rendeavour Nigeria projects;
  • Safeguard shareholder assets through appropriate internal controls and manage any financial risks;
  • Maintain relations with external auditors and investigate all findings and recommendations;
  • Flag all potential risks raised by auditors to the Group CFO, Country Head, Nigeria and Head of Operations, Nigeria and explore all mitigation;
  • Prepare financial statements and oversee all audit processes through to completion;
  • Oversee the preparation of the company’s accounts to ensure these are presented accurately;
  • Prepare reports to the Group CFO and Country Head, Nigeria to be fed into country and Group reports;
  • Develop and implement an efficient tax strategy to maximize profits in compliance with the tax laws of Nigeria; ensure tax efficiency and compliance with all rules and regulations including transfer pricing regulations;
  • Overall control of corporate banking relationships and maintain an integrated platform of all bank accounts to ensure seamless operations at all times;
  • Responsibility for managing all investor relations through seeking investors and managing key relationships.
  • Control of all payment processes in line with the Corporate Governance Handbook and budgets;
  • Ensure statutory accounting is done properly and audited financial statements are submitted to the relevant authorities on time;
  • Perform variance analysis for cash flows including but not limited to budget vs annual and budget vs forecast on a monthly basis;
  • Monitor all procurement and land sale activities to ensure 100% compliance with CGHB;
  • Maintain and develop all necessary policies and procedures to ensure sound financial management and control of the business;
  • Provide results-focused leadership, direction and management for the Nigeria finance team;
  • Provide strategic recommendations on all financial matters and correspondence and advise on long-term business and financial planning;
  • Establish and develop relations with other members of the senior management team; and
  • All other related duties and responsibilities as required and as assigned.

Skills and experience:

  • Chartered Accountant minimum with 8 – 10 years hands-on experience;
  • Big 4 accounting training/experience preferred;
  • Real Estate Investment experience preferred;
  • Professional qualifications such as ACCA and CFA
  • Ability to perform a complex Group consolidation;
  • Good understanding of IFRS;
  • Advanced knowledge of Microsoft Excel (complex formulae, sensitivity analysis etc.);
  • Overall responsibility for management of a finance department;
  • Cash flow forecasting and variance analysis, budgeting skills;
  • Financial modelling, scenario analysis and due diligence experience;
  • Experience in liaising with the auditors and managing an audit process;
  • Ability to implement new accounting and/or reporting systems and internal controls software: Sage or similar;
  • Very strong analytical skills;
  • Strong written and verbal communication skills, proven ability to present information clearly in a report or presentation to senior management;
  • Good understanding of and ability to apply basic concepts in finance and economics;
  • Excellent attention to detail;
  • Mature, pragmatic and flexible approach, good commercial judgment.

Personal characteristics:

  • Exceptional work ethic;
  • Self-driven;
  • Intelligent;
  • Resilient;
  • Result-oriented;
  • Rigorous and organized;
  • Team player with good interpersonal skills.

How to apply

Interested candidates should send CVs to careers@rendeavour.com quoting 'Head of Finance, Nigeria' as the subject.