Finance Manager needed at Fosad Consulting Limited

Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting. We leverage our expertise and strategic alliances to support businesses. Our proposition is based on a deep understanding of the drivers of high performing businesses and the required business solutions that supports it. We work with clients to support their non-core business tasks to strategically position them for business success.

Job Title: Finance Manager

Location 
Lagos

Job Field
Banking, Finance, Accounting, Audit

Company Description
Our client, a non-banking financial institution is looking to recruit a Finance Manager who will amongst other things bring innovative and strategic ideas that can drive the company’s business.
The Finance Manager is responsible for the financial administration for the company and its subsidiaries in his or her region.
The objective is to provide accurate financial information, mitigating financial and legal risks, to support the expansion of the business and to optimise processes and economic performance.

Job Description
The Finance manager will carry out monthly reconciliation of Re – Insurance Treaty and Accounting, Reconciliation of production report and Claims reports.
Carry out accounts payable duties such as cash flow management and weekly report.
Review and reconciliation of all general ledger accounts on weekly and monthly basis.
Preparation of statutory audit schedule and monthly management account.
Execute budgetary control activities.
Investment portfolio, Statutory, ERM reporting and monitoring in line with NAICOM Filters
Solvency monitoring, Asset cover management.
Preparation of Valuation data and loan policy data.
Coordinating the debts and existing creditors of the company
Managing all money borrowed or owed to the business
Handle timely and effective collection of all bets and customers payment
Clients account reconciliation-investigation and answering of queries
Making recommendation on debt recovery to the management
Formulation and reviewing of company’s credit policy
Builds and maintains close links with all customers for smooth business operation
Preparation of relevant credit control reports to the regulatory authority .e.g. Naicom, NDIC etc

Education
Bachelor’s Degree in Banking and Finance, Economics or any related field
Professional Certification in Accounting is a must i.e. ICAN
A minimum of 10 years’ experience in a Finance Unit of a viable Insurance Industry.
Experience as a Credit Controller, Hands on experience in regulatory activities including IFRS reporting.

Skills
Excellent Communication skills in English: Spoken and written
Moderate Analytical Skills
Moderate IT skills
Basic Business Writing
Moderate Negotiation Skills
Basic Presentation skills

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