Job Title: Head Finance and Treasury
Reference: 001
Location: Abuja, Nigeria
Employer: Western Goldfield Group Limited
Head Finance and Treasury (Acting Capacity) with experience in project financing
Salary Range: NGN 5, 500, 000 – NGN 7, 200, 000 per Annum
Specification:
• Chartered Accountant (ICAN fellow, ACCA etc)
• Management Professional (NIM etc)
• Other management or Account professional qualification is an added advantage
• Minimum qualification HND
• Having an MBA or masters in project management is an added advantage
• Must have acted as Head of Department for Finance and Treasury and/or Accounts and Budget for a recognized company with up to 500 employees, minimum
• Must have worked in either a mining/oil/gas company in the tenure of 10 – 15 years
• Must have at least 10-15 years work experience in mining and power plant projects
• Must have 10 – 15 years work experience as financial analyst
• Must be able to attract credible investors to the Groups power plant projects
• Must have experience in SAP ERP systems
• Must be computer literate, and able to use soft wares such as peach tree, Sage pastel evolution & ERP Accpac, ORION Accounting, T24 RP, Ms Word, EXCEL, power point, Visio etc.
• Must have managed assets, both local and foreign in excess of $100 – 300 million
• Must have experience in Tax administration (PITA, PAYE, CIT, VAT, WITHHOLDING TAX etc.)
• Must be flexible for work hours
• Must give maximum time to developing power plant projects
• Living in Abuja Axis is an added advantage
• Should be willing to relocate permanently to Abuja
Duty Schedule:
• Will be responsible for ensuring that treasury related accounting entries are correctly posted to relevant ledgers
• Develop the group financial strategy, policies, standards and guidelines, provides sound and reliable advice, opinions and guidance on all strategic financial and business matters relating to the company's business
• Will be responsible for assigning bank accounts for specific transactions, communicating bid results, validating foreign exchange rates for international transactions
• Prepare all daily, weekly, monthly and quarterly finance and treasury reports for the Group and the Executive Chairman.
• Liaise effectively with the Head, Accounts and Budgets in all issues that connect the two departments
• Coordinate the tax administration and that both the Group and its employees' tax deductions are executed professionally
• Prepare an annual Finance and Treasury operating plan
• Coordinate the Group relationship with bank and other financial institutions
• Ensure that foreign exchange transfers are equitably executed (cost effective) in the best interest of the group
• Will be responsible for ensuring that finance related accounting entries are accurately posted to relevant ledgers
• Prepare payment schedules for processing and management approval
• Coordinate the management of debt obligations for the Group
• Daily account balances to Executive Chairman in Dollar and Naira Accounts
• Interfacing and liaising with company financial advisors on regular basis
• Sourcing of cheap and long term funds for company operations
• Completely structure the Finance and Treasury Department in line with best practice and create necessary SOP's for implementation
• Improve administrative and operational accounting services such as treasury management, payment processing, payroll, accounts payable, and purchasing.
• Upgrade and implement an appropriate system of policies, internal controls, accounting standards, and procedures.
• Plan, coordinate, and execute the annual budget process.
• Ensure that the company is adhering to the strategic plan, delivering status reports to the board on behalf of and as endorsed by the GCFO.
• Provide analytical support to the company's internal management team including development of internal management reporting capabilities.
• Advise the Group Chief Financial Officer and other key members of senior management on financial planning budgeting, cash flow, investment priorities, and policy matters.
• Represent the GCFO as the management liaison to the board and audit committee; effectively communicate and present critical financial matters at select board of directors and committee meetings.
• Contribute to the development of the company's strategic goals and objectives as well as the overall management of the organisation.
• Maintain continuous lines of communication, keeping the GCFO informed of all critical issues.
• Represent the organisation externally, as necessary, in the absence of the CGFO particularly in banking and lease negotiations.
• Oversee, direct, and organize the work of the finance and treasury teams.
• Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.
• Ensure staff members receive timely and appropriate training and development.
• Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer salary adjustments.
• Mentor and develop staff using a supportive and collaborative approach: assign accountabilities; set objectives; establish priorities; and monitor and evaluate results.
• Carry out any other duties as may be assigned by the Executive Chairman
How to Apply:
Interested candidates should apply online or send E-mail to Hrc@wggroup.org.
Indicate job position as Title of mail. All applicants who do not indicate job position would be screened out.
Deadline: 03.11.2013
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