Finance Manager (Projects & Planning) at a Leading Industrial Corporation

Introduction

Adexen Recruitment Agency is mandated by West Africa’s Leading Industrial Corporation focused on Oil&Gas construction and major marine services to recruit a Finance Manager (Project & Planning) for its operations
This position is based in Lagos- Nigeria.

Company

Our Client is West Africa’s Leading Industrial Corporation focused on Oil&Gas construction and major marine services

Job description

Preparation of end-of-life project forecasts in conjunction with the Commercial Department and project teamsAccuracy and integrity of figures reported in end-of-life forecastsKey assumptions used in end-of-life forecasting; analysis of key risks and judgements used in end-of-life forecasting;Actuals reported for project revenue and costs in the monthly management accounts are accurate, and fully reconciled to and consistent with forecasts produced by the Commercial Department and project teamsProgress billings and revenue recognized are fully reconciled to actual billings and total contract revenue is in line with contract values reported by the Commercial Department.All entries relating to projects are accurate and correctly postedEnd-of-life forecasts are revised for major changes arising on a monthly basis and a full review is conducted on a quarterly basisMonthly performance analysis to budget for all projects to budget holders with commentary on variancesCommentary in the monthly management accounts for variances between actual and budget and changes in end-of-life forecasts.Development of systems for accurate re-allocation of costs to projects and service cost centersCost allocations are accurately applied in the monthly management accountsRegular reviews of the methodology used in cost allocations to ensure that it remains consistent with company objectivesBasis of cost allocations is transparent and is clearly communicated to budget holders.Development of accurate man-hour rates to be used in actuals, forecasts, commercial tenders and for other requirements within the company;Quarterly review of man-hour rates to ensure that they are accurate and the methodology used is consistent with company objectivesBasis for man-hour rates is transparent and is clearly communicated to users.Draft annual budget for the company for the following year by 31st October each year;Liaise with budget holders to produce a budget for each department ensuring that full consideration is taken of current-year actuals, changes in the business, inter-related activities between departments, corporate objectives and any other relevant factorsFull support to budget holders in the preparation of departmental budgets and ensure that information is accurate, well-presented and clearly justifiedBudget is presented in a clear and transparent mannerBudget is consistent with the format of the monthly management accounts and the ERP software to enable clear comparison between budgeted and actual figures.Provide financial information relating to projects to support commercial activities within the business and other departments as required;Analysis and financial information for commercial bids to ensure accurate costing.Schedules, information and explanations required relating to projects for the annual external accounts audit

Requirements

First Degree in Accounting, Finance or any related disciplineACA or ICAN certifiedWide experience of working with ERP/Accounting softwareNot less than 5 years post qualification experienceExperience of accounting for EPC contractsExcellent computer skills, including Microsoft Office applicationsStrong communication and interpersonal skillsAbility to process complex financial data and communicate in a clear, concise manner to non-financial personnel

Offer

Attractive Package