Financial Controller at Norrenberger Financial Group

Nörrenberger is an Integrated Financial Services Group (Licensed by the Central Bank of Nigeria (CBN) and the Securities & Exchange Commission (SEC) that operates a customer-focused business model offering clients a comprehensive range of financial products including Funds & Investment Management, Structured Finance, Foreign Exchange and Business & Financial Advisory Services.Job Summary

The Financial Controller will undertake all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation.
The Finance Controller responsibilities will also include tax management and administration, performance management and act as a consultant for senior managers, conducting cost and revenues analyses.

Job Description
Management Accounting:

Maintains and enforces a documented system of accounting policies and procedures
Manage outsourced functions
Oversee the operations of the accounting department, including managing the organizational structure adequate for achieving the department's goals and objectives
Oversee accounting operations of the company and its subsidiaries
Create an organizational structure within the accounting department to facilitate the achievement of the department’s short-term goals and long-term objectives.
Manage and mentor junior personnel in the accounting department.


Ensure that accounts payable are paid in a timely manner
Ensure that all reasonable discounts are taken on accounts payable
Ensure that accounts receivable are collected promptly
Ensure that periodic bank reconciliations are completed
Ensure that required debt payments are made on a timely basis
Maintain the chart of accounts and manage GL for accuracy
Management of tax- VAT, WHT, PAYE. Liaise with the company’s tax consultant, auditor and regulators for efficient tax management
Advise and liaise with Operations on transaction postings to ensure that the correct GL are credited or debited
Maintain an orderly accounting filing system
Maintain a system of controls over accounting transactions

Financial Reporting and Budgeting:

Preparation of monthly, quarterly and annual management account for management and regulators.
Issue timely and complete financial statements.
Coordinate the preparation of the corporate annual report.
Recommend benchmarks against which to measure the performance of company operations.
Calculate and issue financial and operating metrics.
Manage the production of the annual budget and forecasts.
Calculate variances from the budget and report significant issues to management.
Provide for a system of management cost reports.
Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations.
Ensure that financial reports comply with current accounting principles and financial reporting standards.
Publish complete and timely financial statements to company executives, shareholders, and the board.
Account for any budget variances and report significant discrepancies to management.
Recommend benchmarks for the measurement of company financial performance goals.
Responsible for the filing of quarterly and annual reports with the Securities and Exchange Commission.


Provide regulatory reports to compliance department for rendition
Coordinate the provision of information to external auditors for the annual audit
Monitor debt levels and compliance with debt covenants
Comply with local, state, and federal government reporting requirements and tax filings.

Experience & Qualification

Minimum of Second Class degree in Accounting or Finance. Master’s Degree is an added advantage.
Chartered Accountant (ACA/ACCA) with a minimum of 6 years working experience in the finance sector- Commercial Bank, Merchant Bank, Finance House or National Microfinance Bank.
Experience with financial reporting requirements- IFRS and IAS
Demonstrated experience with the use EasyBank Application
Good knowledge of SEC and CBN policies on financial reporting
Demonstrated experience in liaising with Auditors
Ability to pay keen attention to details.
Strong analytical and decision making skills.

Key Competence Requirements:

Knowledge of accounting and financial reporting standards- IFRS and IAS
Use of EasyBank Application
Strong analytics and problem solving skills
Vast across accounting and finance spectrum- Financial, Management, Tax, Audit and financial investigation
Working knowledge of Microsoft Office Suites Word, Excel and Access.
Able to work well in a team and on own initiative.
Database Management
Excellent interpersonal skills
Energetic and with sound decision making skills

Source: MyJobMag Job Feed

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