Fadac Resources and Services Limited is a Consulting firm that provides businesses with human capital solutions that can help improve oral performance while reducing employment practice risk. They also help organizations no matter how large or small to establish, outsource and troubleshoot any human resources functions/challenges.

We are recruiting to fill the position below:

Job Title: Finance Manager

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Summary

• We are seeking an experienced Finance Manager to oversee the company’s financial operations and provide strong financial leadership across financial reporting, budgeting, cash-flow management, cost control and business performance.
• Experience with companies such asTSL or similar transport and logistics organisationswill be highly advantageous.

Key Responsibilities
Financial Management & Reporting:

• Oversee the preparation of accurate and timely monthly, quarterly and annual financial reports.
• Prepare and review management accounts and financial statements.
• Ensure compliance with IFRS and applicable Nigerian financial regulations.
• Review reconciliations, general ledger accounts, bank statements and financial schedules.
• Provide management with financial analysis and insights to support decision-making.

Budgeting & Forecasting:

• Lead the annual budgeting and financial planning process.
• Prepare financial forecasts and cash-flow projections.
• Monitor actual performance against budgets and investigate variances.
• Provide financial analysis to support operational and strategic decisions.
• Develop and monitor key financial performance indicators.

Transport & Logistics Finance:

• Monitor the financial performance of transport and logistics operations.
• Analyse key operational costs, includingfuel, vehicle maintenance, fleet expenses, driver costs, repairs, insurance and logistics expenses.
• Monitor profitability by route, customer, vehicle, contract or business unit where applicable.
• Identify cost-saving opportunities and recommend measures to improve operational efficiency.
• Work closely with Operations to ensure effective cost management and financial discipline.
• Review the financial implications of fleet acquisition, leasing, maintenance and replacement decisions.

Cash Flow & Working Capital:

• Manage daily and monthly cash-flow forecasting.
• Monitor accounts receivable and drive timely customer collections.
• Manage supplier payments and accounts payable.
• Monitor working capital and liquidity requirements.
• Maintain effective banking relationships.

Tax, Audit & Compliance:

• Ensure timely compliance with applicable statutory and tax obligations.
• Coordinate internal and external audits.
• Maintain appropriate financial controls and documentation.
• Ensure compliance with company financial policies and procedures.
• Identify financial risks and implement appropriate mitigation measures.

Cost Control:

• Monitor operating and administrative expenses against approved budgets.
• Analyse major cost drivers across the transport and logistics operations.
• Develop and implement cost-control initiatives.
• Investigate unusual or excessive expenditure and recommend corrective action.

Team Management:

• Lead, supervise and develop the finance team.
• Set clear objectives and performance targets for finance staff.
• Ensure high standards of accuracy, accountability and timely reporting.
• Continuously improve finance processes, controls and reporting systems.

Qualifications & Experience

• Bachelor’s Degree inAccounting, Finance, Economics or a related discipline.
• Minimum 7 years of progressive finance and accounting experience.
• Previous experience in aFinance Manager, Financial Controller, Senior Accountant or similar role.
• Experience withintransport, logistics, haulage, fleet management or distributionis strongly preferred.
• Professional qualification such asACA, ACCA, CIMA or equivalentis an advantage.
• Strong knowledge offinancial reporting, budgeting, taxation, cash-flow management and internal controls.
• Strong proficiency in Microsoft Excel and financial analysis.
• Experience using ERP/accounting software is an advantage.

Application Closing Date
Not Specified.