Finance Manager
Location: Victoria Island, Lagos
Employment Type: Full-time
Job Summary
- Jobsby roleWe are seeking an experienced Finance Manager to oversee the company's financial operations and provide strong financial leadership across financial reporting, budgeting, cash-flow management, cost control and business performance.
- Experience with companies such asTSL or similar transport and logistics organisationswill be highly advantageous.
Key Responsibilities
Financial Management & Reporting:
- Oversee the preparation of accurate and timely monthly, quarterly and annual financial reports.
- Prepare and review management accounts and financial statements.
- Ensure compliance with IFRS and applicable Nigerian financial regulations.
- Review reconciliations, general ledger accounts, bank statements and financial schedules.
- Provide management with financial analysis and insights to support decision-making.
Budgeting & Forecasting:
- Lead the annual budgeting and financial planning process.
- Prepare financial forecasts and cash-flow projections.
- Monitor actual performance against budgets and investigate variances.
- Provide financial analysis to support operational and strategic decisions.
- Develop and monitor key financial performance indicators.
Transport & Logistics Finance:
- Monitor the financial performance of transport and logistics operations.
- Analyse key operational costs, includingfuel, vehicle maintenance, fleet expenses, driver costs, repairs, insurance and logistics expenses.
- Monitor profitability by route, customer, vehicle, contract or business unit where applicable.
- Identify cost-saving opportunities and recommend measures to improve operational efficiency.
- Work closely with Operations to ensure effective cost management and financial discipline.
- Review the financial implications of fleet acquisition, leasing, maintenance and replacement decisions.
Cash Flow & Working Capital:
- Manage daily and monthly cash-flow forecasting.
- Monitor accounts receivable and drive timely customer collections.
- Manage supplier payments and accounts payable.
- Monitor working capital and liquidity requirements.
- Maintain effective banking relationships.
Tax, Audit & Compliance:
- Ensure timely compliance with applicable statutory and tax obligations.
- Coordinate internal and external audits.
- Maintain appropriate financial controls and documentation.
- Ensure compliance with company financial policies and procedures.
- Identify financial risks and implement appropriate mitigation measures.
Cost Control:
- Monitor operating and administrative expenses against approved budgets.
- Analyse major cost drivers across the transport and logistics operations.
- Develop and implement cost-control initiatives.
- Investigate unusual or excessive expenditure and recommend corrective action.
Team Management:
- Lead, supervise and develop the finance team.
- Set clear objectives and performance targets for finance staff.
- Ensure high standards of accuracy, accountability and timely reporting.
- Continuously improve finance processes, controls and reporting systems.
Qualifications & Experience
- Bachelor's Degree inAccounting, Finance, Economics or a related discipline.
- Minimum 7 years of progressive finance and accounting experience.
- Previous experience in aFinance Manager, Financial Controller, Senior Accountant or similar role.
- Experience withintransport, logistics, haulage, fleet management or distributionis strongly preferred.
- Professional qualification such asACA, ACCA, CIMA or equivalentis an advantage.
- Strong knowledge offinancial reporting, budgeting, taxation, cash-flow management and internal controls.
- Strong proficiency in Microsoft Excel and financial analysis.
- Experience using ERP/accounting software is an advantage.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should send their CV to: favour.a@fadacresources.com using the job title as the subject of the email.