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.
Job Title: Finance Manager (Projects & Planning)
Our Client is West Africa’s Leading Industrial Corporation focused on Oil&Gas construction and major marine services
Preparation of end-of-life project forecasts in conjunction with the Commercial Department and project teams
Accuracy and integrity of figures reported in end-of-life forecasts
Key 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 teams
Progress 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 posted
End-of-life forecasts are revised for major changes arising on a monthly basis and a full review is conducted on a quarterly basis
Monthly performance analysis to budget for all projects to budget holders with commentary on variances
Commentary 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 centers
Cost allocations are accurately applied in the monthly management accounts
Regular reviews of the methodology used in cost allocations to ensure that it remains consistent with company objectives
Basis 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 objectives
Basis 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 factors
Full support to budget holders in the preparation of departmental budgets and ensure that information is accurate, well-presented and clearly justified
Budget is presented in a clear and transparent manner
Budget 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
First Degree in Accounting, Finance or any related discipline
ACA or ICAN certified
Wide experience of working with ERP/Accounting software
Not less than 5 years post qualification experience
Experience of accounting for EPC contracts
Excellent computer skills, including Microsoft Office applications
Strong communication and interpersonal skills
Ability to process complex financial data and communicate in a clear, concise manner to non-financial personnel
How to Apply