Head Finance and Treasury at Kennedy/Western Goldfield Group

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Job Title

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 advantageMinimum qualification HNDHaving an MBA or masters in project management is an added advantageMust have acted as Head of Department for Finance and Treasury and/or Accounts and Budget for a recognized company with up to 500 employees, minimumMust have worked in either a mining/oil/gas company in the tenure of 10 – 15 yearsMust have at least 10-15 years work experience in mining and power plant projectsMust have 10 – 15 years work experience as financial analystMust be able to attract credible investors to the Groups power plant projectsMust have experience in SAP ERP systemsMust 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 millionMust have experience in Tax administration (PITA, PAYE, CIT, VAT, WITHHOLDING TAX etc.)Must be flexible for work hoursMust give maximum time to developing power plant projectsLiving in Abuja Axis is an added advantageShould be willing to relocate permanently to Abuja

Duty Schedule

Will be responsible for ensuring that treasury related accounting entries are correctly posted to relevant ledgersDevelop 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 businessWill be responsible for assigning bank accounts for specific transactions, communicating bid results, validating foreign exchange rates for international transactionsPrepare 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 departmentsCoordinate the tax administration and that both the Group and its employees’ tax deductions are executed professionallyPrepare an annual Finance and Treasury operating planCoordinate the Group relationship with bank and other financial institutionsEnsure that foreign exchange transfers are equitably executed (cost effective) in the best interest of the groupWill be responsible for ensuring that finance related accounting entries are accurately posted to relevant ledgersPrepare payment schedules for processing and management approvalCoordinate the management of debt obligations for the GroupDaily account balances to Executive Chairman in Dollar and Naira AccountsInterfacing and liaising with company financial advisors on regular basisSourcing of cheap and long term funds for company operationsCompletely structure the Finance and Treasury Department in line with best practice and create necessary SOP’s for implementationImprove 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

Send E-mail to Hrc@wggroup.org.

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