Wednesday, 19 November 2014

Head, Finance & Accounts at an Electricity Distribution Company - FITC Nigeria

Company
 An Electricity Distribution Company - FITC Nigeria
Location

 Kaduna
Job position
Head, Finance & Accounts at an Electricity Distribution Company - FITC Nigeria
Posted Date
Wed, 19/11/2014
DETAILS
company  An Electricity Distribution Company - FITC Nigeria
location  Kaduna
industry  Oil and Gas / Mining
category  Banking / Finance / Accounting
type  fulltime
experience  15+ year(s) 

Job Details
Head, Finance & Accounts at an Electricity Distribution Company - FITC Nigeria
FITC Nigeria - was established in 1981 as a non profit organisation limited by guarantee, based on the Company's Act of 1968, in response to the recommendations of the Pius Okigbo Committee set-up by the Federal Government of Nigeria to review the Nigerian financial system. It is owned by the Banker's Committee, which comprises of the Central Bank of Nigeria, the Nigeria Deposit Insurance Corporation, all licensed banks and discount houses in Nigeria.
Our client, an Electricity distribution company in Nigeria, is looking for young, vibrant, and intelligent men and women to fill the available position below:
Job Title: Head, Finance & Accounts
Location: Kaduna
Job Summary
  • The successful candidate will be required to develop long-term corporate financial policies and strategies inline with overall corporate strategies.
  • S/he will develop short-term operational plans in line with those policies and strategies, for effective financial management and optimizing financing cost;
  • S/he will develop/ ensure policies comply with applicable accounting and financial reporting framework;
  • S/he will develop and control the company's annual budget to ensure that all financial targets are met.
  • S/he will coordinate with other departments for compliance and implementation of financial management policies, budgets, etc. with emphasis on controlling costs.
Job Requirements
Technical Requirements
  • The successful candidate will be required to develop long-term corporate financial policies and strategies inline with overall corporate strategies.
  • S/he will develop short-term operational plans in line with those policies and strategies, for effective financial management and optimizing financing cost; S/he will develop/ ensure policies comply with applicable accounting and financial reporting framework; S/he will develop and control the company's annual budget to ensure that all financial targets are met.
  • S/he will coordinate with other departments for compliance and implementation of financial management policies, budgets, etc. with emphasis on controlling costs
  • Negotiate with lenders, review credit requirements considering the debt servicing Report financial information to the CEO and Board at periodic intervals.
  • Comply with the financial reporting requirements of Regulator Body - NERC, lenders and other stakeholders of the company; and coordinate the preparation of financial statements that will meet financial, regulatory and compliance objectives of the company.
  • Advice the Company Secretary on funding requirements of the organization for matters related to issuance of fresh equity shares, preference shares or debentures for the company.
Educational Qualifications
  • The candidate must have a first degree and a master's degree in any of the Social Sciences/or equivalent.
  • S/he must have a professional qualification in accounting such as ACA, ACCA, ANAN, CIBN.
  • In addition, candidate must have minimum of 15 years relevant experience to the job objectives, of which at least 10 must be in rendering related services in a large utility company, FMCG, bank or oil & gas company and not less than 5 years in a senior management position
  • Must be proficient with the computer, with special emphasis on project management - Microsoft Excel and Power Point presentation skills Knowledge of IFRS and ability to implement an accounting software.
  • Must have demonstrated leadership skill and established skill in written and oral communications
Behavioural Requirements:
  • Identifies and evaluates emerging opportunities aligned with the organization's strategy, and challenges others to remove barriers and deliver beyond stakeholder expectations.
  • Builds a culture that consistently delivers high-quality products and services, and engages others in implementing strategy that has long-term impact on the organization and its stakeholders.
  • Champions new methodologies and technologies that enable and promote the dissemination and transfer of knowledge and best practice.
  • Provides leadership and mentoring to technical teams; supporting collaboration and working across functional boundaries, and ensuring diverse talent and capability is mobilized across units within the organization.
  • Excellent relationship management skills and ability to collaborate
  • Establishes and acquires the trust and support of stakeholders, staff, peers and supervisors via reliable and consistent performance.
  • Provides intelligence communications which are also timely and forthright. High commitment to integrity and ethical conduct
  • Excellent leadership skills and ability to influence others Skilfully and continuously identifies training and development needs of subordinates and encourages them to obtain comprehensive training and learning experiences.
  • Anticipates & develops skills and competence for self and others. Influences business decisions to create competitive advantage for the organization and its stakeholders; taking a lead in key decisions while at the same time rationalizing the decision making process.
  • Is able to develop and invoke a self-starting attitude in others in their pursuit of goals that contribute to the achievement of the organization's objectives.
  • Is able to prevent unfair implications of prejudged information to enter into and affect any interpersonal relationship.
2014-11-19

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