Head, Subsidiary Finance

2 weeks ago


india Talenture Group Full time
Job Description
JOB OBJECTIVE
To co-ordinate subsidiaries ‘financial management and regulatory reporting system (Management reporting and review, statutory reporting and compliance returns, budget and budget control) to ensure business integrity, enable profitable and sustainable growth and shareholder value creation.
ACCOUNTABILITIES

1.     Coordinate the preparation of periodic management account and analysis.

2.     Coordinate timely preparation of Group ExCo Report with analysis to aid Management decision in line with set targets.

3.     Prepare Interim Financial Statements for the holding company as well as group financials and analysis.

4.     Set-up accounting system for new subsidiaries and coordinate the preparation/ review of other subsidiaries account.

5. Prepare board reports with analysis of variance with previous month and Budget; highlighting level of achievement on previously communicated initiatives and new strategies by Opco Business teams to improve performance.

6.   Oversee the application of new relevant IFRSs, compliance with regulatory guidelines, proper classification, and mapping of SFP and SOCI items in financial Statements.

7.     Ensure the automation of processes and use of Fintrak application to aid process efficiency.

8.     Liaise with regulatory agencies – CBN, FRCN, SEC, NGX etc. on all relevant engagements.

9.     Develop subordinates’ skills and competencies by planning development activities related to current & future job responsibilities.


Requirements

This role requires that the job holder:

-     Provide the best possible solution to problem solving or decision making by conscientiously testing, examining facts, trying different alternatives and careful strategic planning.

-     Evaluate situations, calculate, and reduce risk, justify, and defend accuracy, give reasons for views and generally provide shrewd judgment in any situation.

-     Consider problems as a challenge, collect information relevant to the problem, be disciplined in ascertaining the root cause, identify and develop a practical solution, communicate her findings, and implement action to resolve the problem.

-     Develop and comply with the systems, procedures, rules, objectives, and timescales set by the organization and adopt a disciplined approach when undertaking tasks.

-     Generally, motivate people to give their best results, encouraging them and recognizing their performance when things go well. Apprise them of improvements which can and should be made when performance is below standard.

-      Provide simple, practical solutions and complete all assignments thoroughly and timely.

 Be non-confrontational when handling or involved in conflict situations.

EDUCATIONAL QUALIFICATION

A First degree from an accredited university. A professional qualification in Accounting (ACA, ACCA) is mandatory.


EXPERIENCE : A minimum of relevant 5 years’ hands-on experience



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