Finance Manager (FM)

Anonymous Employer

Job Summary

This role demands strong professional services, accounting, and leadership experience, which can be embedded into the Financial Department of the firm. The FM will be responsible for managing the financial health of the firm, producing financial reports, and developing finance-related strategies in line with the business strategies of the firm. The FM will guide the senior executives of the firm in making sound business decisions in the short and long term and also be responsible for developing ways to improve profitability, and analyzing markets for business opportunities.

  • Minimum Qualification: Degree
  • Experience Level: Senior level
  • Experience Length: 7 years

Job Description/Requirements

Key Roles and Responsibilities:

A. General and Funds Management  

  • Maintain a documented system of accounting policies and procedures  
  • Oversee the operations of the finance department, employees including finance officers and  accountants 
  • Forecast cash flow positions, related borrowing needs, and available funds for investment 
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment  requirements  
  • Maintain banking relationships 
  • Assist in determining the firm’s proper capital structure 
  • Manage or contract outside services for tax preparation, auditing, banking, investments, and  other financial needs as necessary 
  • Track the company's financial status and performance to identify areas for potential  improvement 
  • Seek out methods for minimizing financial risk to the firm 
  • Research and analyze financial reports and market trends 
  • Provide insightful information and expectations to senior executives to aid in long-term and  short-term decision making 
  • Review financial data and prepare monthly and annual reports 
  • Present financial reports to Partners, management committee members, stakeholders, and  clients in formal meetings 
  • Stay up to date with technological advances and accounting software to be used for financial  purposes 
  • Understand and adhere to financial regulations, legislation, and reporting standards.

B. Budgeting  

  • Manage the preparation of the firm's budget 
  • Report to management on variances from the established budget, and the reasons for those  variances 
  • Assist management in the formulation of its overall strategic direction  

C. Financial Analysis 

  • Engage in ongoing cost reduction analyses in all areas of the firm  
  • Review the performance of competitors and report on key issues to management 
  • Engage in benchmarking studies to establish areas of potential operational improvement 
  • Interpret the firm's financial results to management and recommend improvement activities 
  • Participate in target costing activities to create products that meet predetermined price goals
  • Assist in the determination of service pricing in relation to services offered and competitor  pricing  
  • Compile key business metrics and report on them to management
  • Manage the capital budgeting process, based on constraint analysis and discounted cash flow  analysis
  • Create additional analyses and reports as requested by management

Job Attribute and Skills:

Functional skills  

  • Strong financial reporting, analyses, and forecasting skills 
  • Good presentation skills (financial reporting) 
  • Excellent communication and IT skills. 
  • Confident, organized, and pragmatic team lead 
  • Strong problem-solving and creative skills. 
  • Strong sales and negotiation techniques. 
  • Attention to detail.
  • Must be able to think critically, present ideas and views clearly, and with confidence to people at all levels, including partners and clients.  

Personal Attributes:  

  • Deep understanding of business and financial principles and practices 
  • Exceptional ability to confidently discuss financial matters with a diverse base of potential/existing clients.
  • Proven ability to acquire new business. An innovative and productive approach to business development.
  • Good team player with the ability to motivate staff
  • Ability to formulate and manage a successful calling program in order to meet and exceed quarterly and annual targets.
  • Ability to manage interpersonal conflicts within the work environment 
  • Articulate and well organized with a highly developed sense of priorities.
  • Persuasive and credible among clients and colleagues. Adaptable, flexible, and able to thrive on challenges whilst handling a multitude of tasks and responsibilities. 
  • Self-motivated with drive, energy, and initiative. Integrity, honesty, and total commitment to the requirement to maintain client confidentiality.
  • Demonstrable interest in local and international law, economics, and politics

Experience and Qualification:

  • A Bachelor’s Degree in Accounting, Business, Finance, Economics, or related fields.
  • Preference will be given to candidates with the Certified Public Accountant (CPA), Certified  Accountant (ACCA/ACA), or Certified Management Accountant designations. 
  • MBA/Master’s degree in a relevant field is a plus  
  • A suitable candidate should have extensive knowledge of relevant accounting and reporting standards. 
  • An established record of professional services and/or management consulting experience with a focus on financial advisory is preferred. 
  • Good industry knowledge and a strong network as well as experience in professional services or law firm environment.
  • Strong industry presence of 7 – 10 years of directly relevant experience in a business,  finance-related position, including experience in a large law firm or professional services firm.

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| Full Time |
NGN Confidential
| Full Time |
NGN Confidential
| Contract |
NGN Confidential
| Full Time |
NGN 150,000 - 250,000