Finance Manager (Hospitality) at WorQulture
Benin City, Edo, Nigeria -
Full Time


Start Date

Immediate

Expiry Date

24 Apr, 25

Salary

500000.0

Posted On

25 Jan, 25

Experience

4 year(s) or above

Remote Job

No

Telecommute

No

Sponsor Visa

No

Skills

Finance, Hospitality Industry, Economics

Industry

Financial Services

Description

Our client (a reputable restaurant) is in search of a Finance Manager that will manage the day-to-day operations of the accounts department, preparation and management of the financial budgets, oversee all activities relating to the financial aspects of the business in compliance with the local tax laws and the standard operating procedure.
Work Hours: 8 am - 5 pm Mondays – Fridays Saturday (Remotely)
Availability to start: As soon as possible
Location: Lagos Island
Salary: ₦500,000

Responsibilities

  • Support in the development and articulation of financial strategy for the company’s business growth plans.
  • Monitor and improve operation costs, profitability and manage business risks.
  • Ensure compliance with statutory authority and audit requirements including FIRS.
  • Prepare and review annual budgets, monthly forecasts and operating results.
  • Identify and research appropriate investment opportunities for the Company that maximises the returns whilst complying with our liquidity requirements.
  • Develop the forecasting models (P&L, Balance Sheet and Cashflow)
  • Prepare monthly accounts (P&L, Cash flow statements and balance sheet)
  • Co-ordinate and prepare annual budgets, including operating and capital expenditure budgets.
  • Ensure all company assets are monitored and accurately accounted for.
  • Liaise with external advisors during the preparation of statutory financial information
  • Preparation of annual statutory accounts.
  • Preparation of tax computations (VAT and Company Tax).
  • Prepare payroll figures and manage insurance
  • Review company internal controls.
  • Actively identify and research new opportunities to reduce costs for the Company
  • Actively participate in senior-level meetings/discussions, potentially related to long- term financial plans, and strategy development for various projects.
  • Evaluate, develop and implement financial and cash management systems to optimize efficiencies.
  • Assist with profit improvement opportunities for the restaurant operations.

Requirements

  • Minimum of first degree in Accounting, Finance, Economics or any related field. A Master’s degree is an added advantage.
  • Relevant professional certifications e.g. Chartered Financial Analyst (CFA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent is mandatory.
  • Minimum of 8 years cognate experience, with at least four years’ experience in a similar role in the hospitality sector.
  • Good command of written and oral English

Job Type: Full-time
Pay: ₦400,000.00 - ₦500,000.00 per month

Ability to commute/relocate:

  • Lagos: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

  • Can you work with the advertised salary?

Experience:

  • Food and Hospitality Industry: 8 years (Required)
Responsibilities
  • Support in the development and articulation of financial strategy for the company’s business growth plans.
  • Monitor and improve operation costs, profitability and manage business risks.
  • Ensure compliance with statutory authority and audit requirements including FIRS.
  • Prepare and review annual budgets, monthly forecasts and operating results.
  • Identify and research appropriate investment opportunities for the Company that maximises the returns whilst complying with our liquidity requirements.
  • Develop the forecasting models (P&L, Balance Sheet and Cashflow)
  • Prepare monthly accounts (P&L, Cash flow statements and balance sheet)
  • Co-ordinate and prepare annual budgets, including operating and capital expenditure budgets.
  • Ensure all company assets are monitored and accurately accounted for.
  • Liaise with external advisors during the preparation of statutory financial information
  • Preparation of annual statutory accounts.
  • Preparation of tax computations (VAT and Company Tax).
  • Prepare payroll figures and manage insurance
  • Review company internal controls.
  • Actively identify and research new opportunities to reduce costs for the Company
  • Actively participate in senior-level meetings/discussions, potentially related to long- term financial plans, and strategy development for various projects.
  • Evaluate, develop and implement financial and cash management systems to optimize efficiencies.
  • Assist with profit improvement opportunities for the restaurant operations
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