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Finance Manager At Old Mutual Nigeria

Date Posted: 09/May/2019
Deadline: 16/May/2019

Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.

Finance Manager

REF: 11237/NIGE/OO/Finance Manager/Nigeria/090519
Location: Nigeria 
Available: ASAP
Contract: Permanent
Category: Insurance 
Offer: Market Related

Job Descriptions

  • This role is individually accountable for achieving results through others, over periods of 3 months to a year. The focus is the following: Execution of the business plan and for governance and compliance at an operational level, preparation of management reports, interpretation of financial data and predictive results.
  • Implementation of accounting processes, systems and controls for a product. The role is also responsible for product profitability analysis, overall responsibility for the preparation & quality of financial accounts and maintenance of financial records.

Job Specification
Descriptor:

  • Responsible for the financial accounting / control function in the business unit.
  • Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records
  • Contributes to and implements financial strategy.
  • Assists in deciding on the financial and business viability of new and existing projects and programmes.
  • Analyses financial records such as income trends.
  • Responsible for preparation of all finance related regulatory returns.
  • Plans and prepares budgets and documents such as the annual report, according to organisational goals
  • Analyses and monitors the effect of budget or policy changes on business unit productivity.
  • Responsible for audit liaison as well as tax, legislative & statutory requirements.

Key Result Areas
Financial Control:

  • Contributes to and implements financial strategy.
  • Responsible for the financial accounting / control function in the business unit through other managers and their teams.
  • Carries overall responsibility for the preparation and quality of financial accounts.

Financial Analysis:

  • Analyses financial records such as income trends.
  • Analyses and monitors the effect of budget or policy changes on the business unit's productivity.
  • Assists in deciding on the financial and business viability of new and existing projects and programmes.

Financial Reporting:

  • Plans and prepares budgets and documents such as the annual report, according to organisational goals.

Governance & Compliance:

  • Liaises with internal and external auditors.
  • Ensures tax, legislative and statutory requirements are met.

Team Effectiveness:

  • Individually accountable for staff time, tasks and output quality, over periods of up to 1 year.
  • Balances own priorities with directing and motivating others.
  • Guides and directs staff to achieve operational excellence standards.
  • Creates a climate for optimal performance.
  • Manages performance.
  • Selects potential staff to sustain customer / client service delivery.

Minimum Requirements
Qualifications and Experience:

  • A first degree or its equivalent in relevant field  (Master’s degree is an advantage)
  • At least 10 years work experience (five of which must be at senior management level)
  • Qualified Accountant (CPA, CA, ACA and ACCA) or any Accounting Professional qualification from recognised Professional Body
  • Relevant industry experience is required
  • Excellent communication skills (verbal and written)
  • Strong analytical skills
  • Good Excel and PowerPoint skills

Method of Application

Interested and qualified? Click the Apply now button to send your application

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