1. Financial Controller (Ref:01)
in Philips Consulting in Abuja Apply for this job
Job Description
Our client, an established and leading diversified business conglomerate in Nigeria, with interests across many sectors through partnerships with renowned international organisations, is seeking to recruit qualified professionals to fill this position.
Job Summary:
- Reporting to the Managing Director, this role is responsible for planning, directing and controlling the day to day financial reporting and financial management functions of the business, to facilitate strategic and operational decision making and to ensure compliance with accounting standards and statutory reporting requirements .
Qualifications and Requirements:
- First degree from a reputable university. A masters degree will be an added advantage.
- Professional accounting qualifications ( ACA or ACCA)
- Minimum of ten (10) years experience in manufacturing and/or FMCG, with atleast five years accounting and finance experience at management level
- Extensive knowledge of generally accepted accounting standards and regulatory requirements applicable in the manufacturing sector and a working knowledge of IFRS
Job Description
The World Bank is an international financial institution that provides loans[3] to developing countries for capital programs.
The World Bank's official goal is the reduction of poverty. According to the World Bank's Articles of Agreement (as amended effective 16 February 1989), all of its decisions must be guided by a commitment to promote foreign investment, international trade, and facilitate capital investment.
This position currently exists in the organisation in Kenya.
Language Requirement:
English [essential]; French [desired]; Portuguese [desired]
Background/General Description:
- The World Bank’s Controller’s Vice Presidency (CTR) is responsible for all aspects of the financial reporting and internal control framework for the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA) and the extensive Trust Fund/Partnership portfolio of these two entities. The Controller’s Vice Presidency is also responsible for expressing the Bank’s viewpoint on controls over Bank operations particularly those which validate the appropriateness of loan disbursements.
- Organizationally, CTR comprises the (1) Financial Instruments Accounting and Valuation (2) Loans, and (3) Client Services Departments, as well as the Financial Analysis and Reporting, Accounting Policy, Knowledge Dissemination, and Operational Risks and Controls units. These teams collectively include approximately 400 staff; of which 150 are located in Washington DC with the remaining 250 located in regional offices, the largest being in Chennai, India.
- The Loan Department (CTRLD) is the focal point within the Bank for exercising fiduciary controls over its lending operations, including responsibility for ensuring that loan funds are used for their intended purposes. In this regard it collaborates actively and maintains close working relationships with Regional Management, Financial Management (FM) and Procurement (PR) Networks, Legal Department (LEG), Treasury Department (TRE), Concessional Finance and Global Partnerships (CFP), Department of Institutional Integrity (INT) and the Internal Auditing Department (IAD) in discharging this responsibility. The Loan Department also coordinates closely with Operational Policy and Country Services (OPCS) on professional excellence on the part of all finance professionals employed by the institution, and supports building the capacity of Bank borrowers to enable them to introduce and maintain sound accounting and financial management systems and procedures relating to public funds.
CTRLD has approximately 120 staff, with about one third currently based in Washington, DC and the others located in seven main regional centers around the world (Brasilia, Beijing, Zagreb, Chennai, Manila, Johannesburg, and Nairobi). The Loan Department (CTRLD), which has been realigned so as to be more client focused, is primarily responsible for the formulation and administration of the Bank’s financial policies and procedures relating to disbursement of funds from IBRD loans, IDA credits, the Project Preparation Facility (PPF), Institutional Development Fund (IDF) Grants, Recipient-Executed Trust Funds and other financial products of the Bank.
The Finance Officer will be based in Nairobi, Kenya and will report to the Division Manager, CTRLA.
Note:
If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 year term appointment.
Duties and Accountabilities:
- Preparation, Appraisal, Negotiations and Board Approval.
- For pipeline projects in assigned portfolio countries, provide support to task teams by reviewing project documents (Project Concept Notes, Project Appraisal Documents, Financing Agreements, etc.) and other sources of information, providing timely inputs and raising issues which may have an impact on disbursement arrangements, or are unclear, and escalate to management any issues that require management action or support.
- Advise the task team on disbursement related aspects of loans/credits/grants/TFs to ensure they are consistent with Bank policies and will adequately support project implementation with due regard for economy and efficiency.
- Prepare disbursement letters, loan repayment terms and amortization schedules, and participate in project preparation meetings including technical discussions and negotiations.
- Review and clear project documents including, negotiation and board packages, in accordance with CTRLD standard procedures and applicable Bank policies.
- Ensure accuracy of loan master data (financing table and loan set-up) for IBRD loans, and IDA credits and grants.
- Carry out responsibilities as part of the CTRLD Portfolio team in compliance with CTRLD’s control framework.
- Portfolio Management.
- For active projects in assigned portfolio countries, provide on-going support to task teams on loan management and disbursement related activities including monitoring continuing adequacy of disbursement arrangements and impact of fiduciary arrangements such as audit discrepancies, serious internal control issues, changes in project fiduciary staff or implementing unit, and high risk operations, and suggesting the appropriate mitigating measures and changes to the task team, including amending the disbursement letter when necessary.
- Support portfolio management activities including (a) review and clearing of restructuring packages and other amendments such as changes to eligible expenditures, extension of closing dates, and cancellation and recommitment of funds, (b) provide capacity building to clients on disbursement issues, and (c) timely review of key project documents and (d) physical verification and substantive field operational reviews to ensure disbursement for high risk operations and transactions are appropriate for payment and comply with the CTRLD control framework.
- Support disbursement processing activities including (a) review if IFRs, and (b) ex-post review of e-disbursement applications (withdrawal applications that are electronically submitted online), among other related activities.
- E-Disbursements. Work with and support the e-business team and disbursement team to manage the successful deployment of e-Disbursement in assigned portfolio countries in accordance with CTRLD’s implementation plan.
- Regional and country programs. Provide timely input to regional and country level activities such as regional portfolio meetings, regional dialogue with fiduciary groups, Country Assistance Strategy (including progress updates), Country Portfolio Performance Reviews, country portfolio meetings, country dialogue, Governance and Anti-Corruption issues, Fragile and Conflict Situation (FCS) Working Groups, etc.
- Support Corporate and Departmental Activities.
- Participate, via working groups or cross support, or lead major corporate and departmental activities and initiatives.
- Contribute to the improvement and refinement of Bank policies and procedures as they relate to disbursements.
Selection Criteria:
Minimum Education/Work Experience:
- Professional certification (fully qualified as CPA, ACCA, CA, CFA or equivalent) required and Master’s degree (preferred) in Accounting, Finance or Business and 7-8 years of relevant experience in portfolio management, project implementation, accounting, auditing and/or contract management.
Language Skills:
- Ability to communicate effectively, in writing and orally, in English. Fluency to communicate (oral and written) in French or Portuguese, is desired.
- Relevant knowledge of Generally Accepted Accounting Principles (GAAP), internal controls procedures and financial management.
- Knowledge and application of the Bank operational policies, including understanding the interaction between the Bank’s Operational Policies, Bank Procedures, regional policies and individual trust fund programs as they relate to disbursements.
- Ability to exercise professional judgment and appropriately interpret and apply operational policies, as they relate to disbursements.
- Knowledge of the Bank’s lending products and choices of repayment terms.
- Strong quantitative skills with superior attention to detail and numerical accuracy.
- Strong analytical and conceptual skills with demonstrated ability to interpret data, assess issues, develop sound conclusions, and formulate remedial measures.
- Ability to manage complex tasks, deal with rapidly shifting priorities, provide professional support to senior staff and deliver against ambitious deadlines.
- Capacity to work simultaneously, effectively and efficiently on a variety of diverse issues and tasks, independently adjusting priorities and achieving results with agreed objectives and deadlines.
- Ability to operate effectively in a matrix management environment, as a team member reporting to both the Regional Team Leader and the Manager, CTRLA.
- Strong client focus including good interpersonal, diplomatic and team building skills required for building and maintaining collaborative relationships.
- Strong communication skills, including the ability to speak persuasively and explain portfolio and procedural guidelines effectively, in writing and orally, including situations requiring negotiation with Borrower representatives.
- Ability to prepare learning materials and presentations and experience to deliver training in the required languages.
- Ability to provide guidance to less experienced staff, as needed.
- Willingness to learn new skills and seek help from others.
- Capacity to deal sensitively in multi-cultural environment and build effective working relations with clients and colleagues at all levels.
- Committed team player with demonstrated ability to effectively work in a collaborative fashion across organizational boundaries and in a multi-dimensional and multi-functional work program.
- Fully proficient in MS Office applications (Excel, Word, Power Point)and working knowledge of other World Bank applications (desirable).
- Understanding of information systems and the application of new technology.
- Willingness to travel on short-term assignments
Job Description
The World Bank is an international financial institution that provides loans[3] to developing countries for capital programs.
The World Bank's official goal is the reduction of poverty. According to the World Bank's Articles of Agreement (as amended effective 16 February 1989), all of its decisions must be guided by a commitment to promote foreign investment, international trade, and facilitate capital investment.
This position currently exists in the organisation in Kenya.
Language Requirement:
English [essential]; French [desired]; Portuguese [desired]
Background/General Description:
- The World Bank’s Controller’s Vice Presidency (CTR) is responsible for all aspects of the financial reporting and internal control framework for the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA) and the extensive Trust Fund/Partnership portfolio of these two entities. The Controller’s Vice Presidency is also responsible for expressing the Bank’s viewpoint on controls over Bank operations particularly those which validate the appropriateness of loan disbursements.
- Organizationally, CTR comprises the (1) Financial Instruments Accounting and Valuation (2) Loans, and (3) Client Services Departments, as well as the Financial Analysis and Reporting, Accounting Policy, Knowledge Dissemination, and Operational Risks and Controls units. These teams collectively include approximately 400 staff; of which 150 are located in Washington DC with the remaining 250 located in regional offices, the largest being in Chennai, India.
- The Loan Department (CTRLD) is the focal point within the Bank for exercising fiduciary controls over its lending operations, including responsibility for ensuring that loan funds are used for their intended purposes. In this regard it collaborates actively and maintains close working relationships with Regional Management, Financial Management (FM) and Procurement (PR) Networks, Legal Department (LEG), Treasury Department (TRE), Concessional Finance and Global Partnerships (CFP), Department of Institutional Integrity (INT) and the Internal Auditing Department (IAD) in discharging this responsibility. The Loan Department also coordinates closely with Operational Policy and Country Services (OPCS) on professional excellence on the part of all finance professionals employed by the institution, and supports building the capacity of Bank borrowers to enable them to introduce and maintain sound accounting and financial management systems and procedures relating to public funds.
CTRLD has approximately 120 staff, with about one third currently based in Washington, DC and the others located in seven main regional centers around the world (Brasilia, Beijing, Zagreb, Chennai, Manila, Johannesburg, and Nairobi). The Loan Department (CTRLD), which has been realigned so as to be more client focused, is primarily responsible for the formulation and administration of the Bank’s financial policies and procedures relating to disbursement of funds from IBRD loans, IDA credits, the Project Preparation Facility (PPF), Institutional Development Fund (IDF) Grants, Recipient-Executed Trust Funds and other financial products of the Bank.
The Finance Officer will be based in Nairobi, Kenya and will report to the Division Manager, CTRLA.
Note:
If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 year term appointment.
Duties and Accountabilities:
- Preparation, Appraisal, Negotiations and Board Approval.
- For pipeline projects in assigned portfolio countries, provide support to task teams by reviewing project documents (Project Concept Notes, Project Appraisal Documents, Financing Agreements, etc.) and other sources of information, providing timely inputs and raising issues which may have an impact on disbursement arrangements, or are unclear, and escalate to management any issues that require management action or support.
- Advise the task team on disbursement related aspects of loans/credits/grants/TFs to ensure they are consistent with Bank policies and will adequately support project implementation with due regard for economy and efficiency.
- Prepare disbursement letters, loan repayment terms and amortization schedules, and participate in project preparation meetings including technical discussions and negotiations.
- Review and clear project documents including, negotiation and board packages, in accordance with CTRLD standard procedures and applicable Bank policies.
- Ensure accuracy of loan master data (financing table and loan set-up) for IBRD loans, and IDA credits and grants.
- Carry out responsibilities as part of the CTRLD Portfolio team in compliance with CTRLD’s control framework.
- Portfolio Management.
- For active projects in assigned portfolio countries, provide on-going support to task teams on loan management and disbursement related activities including monitoring continuing adequacy of disbursement arrangements and impact of fiduciary arrangements such as audit discrepancies, serious internal control issues, changes in project fiduciary staff or implementing unit, and high risk operations, and suggesting the appropriate mitigating measures and changes to the task team, including amending the disbursement letter when necessary.
- Support portfolio management activities including (a) review and clearing of restructuring packages and other amendments such as changes to eligible expenditures, extension of closing dates, and cancellation and recommitment of funds, (b) provide capacity building to clients on disbursement issues, and (c) timely review of key project documents and (d) physical verification and substantive field operational reviews to ensure disbursement for high risk operations and transactions are appropriate for payment and comply with the CTRLD control framework.
- Support disbursement processing activities including (a) review if IFRs, and (b) ex-post review of e-disbursement applications (withdrawal applications that are electronically submitted online), among other related activities.
- E-Disbursements. Work with and support the e-business team and disbursement team to manage the successful deployment of e-Disbursement in assigned portfolio countries in accordance with CTRLD’s implementation plan.
- Regional and country programs. Provide timely input to regional and country level activities such as regional portfolio meetings, regional dialogue with fiduciary groups, Country Assistance Strategy (including progress updates), Country Portfolio Performance Reviews, country portfolio meetings, country dialogue, Governance and Anti-Corruption issues, Fragile and Conflict Situation (FCS) Working Groups, etc.
- Support Corporate and Departmental Activities.
- Participate, via working groups or cross support, or lead major corporate and departmental activities and initiatives.
- Contribute to the improvement and refinement of Bank policies and procedures as they relate to disbursements.
Selection Criteria:
Minimum Education/Work Experience:
- Professional certification (fully qualified as CPA, ACCA, CA, CFA or equivalent) required and Master’s degree (preferred) in Accounting, Finance or Business and 7-8 years of relevant experience in portfolio management, project implementation, accounting, auditing and/or contract management.
Language Skills:
- Ability to communicate effectively, in writing and orally, in English. Fluency to communicate (oral and written) in French or Portuguese, is desired.
- Relevant knowledge of Generally Accepted Accounting Principles (GAAP), internal controls procedures and financial management.
- Knowledge and application of the Bank operational policies, including understanding the interaction between the Bank’s Operational Policies, Bank Procedures, regional policies and individual trust fund programs as they relate to disbursements.
- Ability to exercise professional judgment and appropriately interpret and apply operational policies, as they relate to disbursements.
- Knowledge of the Bank’s lending products and choices of repayment terms.
- Strong quantitative skills with superior attention to detail and numerical accuracy.
- Strong analytical and conceptual skills with demonstrated ability to interpret data, assess issues, develop sound conclusions, and formulate remedial measures.
- Ability to manage complex tasks, deal with rapidly shifting priorities, provide professional support to senior staff and deliver against ambitious deadlines.
- Capacity to work simultaneously, effectively and efficiently on a variety of diverse issues and tasks, independently adjusting priorities and achieving results with agreed objectives and deadlines.
- Ability to operate effectively in a matrix management environment, as a team member reporting to both the Regional Team Leader and the Manager, CTRLA.
- Strong client focus including good interpersonal, diplomatic and team building skills required for building and maintaining collaborative relationships.
- Strong communication skills, including the ability to speak persuasively and explain portfolio and procedural guidelines effectively, in writing and orally, including situations requiring negotiation with Borrower representatives.
- Ability to prepare learning materials and presentations and experience to deliver training in the required languages.
- Ability to provide guidance to less experienced staff, as needed.
- Willingness to learn new skills and seek help from others.
- Capacity to deal sensitively in multi-cultural environment and build effective working relations with clients and colleagues at all levels.
- Committed team player with demonstrated ability to effectively work in a collaborative fashion across organizational boundaries and in a multi-dimensional and multi-functional work program.
- Fully proficient in MS Office applications (Excel, Word, Power Point)and working knowledge of other World Bank applications (desirable).
- Understanding of information systems and the application of new technology.
- Willingness to travel on short-term assignments
3. Site Accountant
Job Description
A construction company located in Lagos is looking to recruit suitably qualified personnel to fill this vacancy in the company
Responsibilities:
- Create project accounts in the accounting system
- Maintain project-related records, including contracts and change orders
- Authorize access to project accounts
- Authorize the transfer of expenses into and out of project-related accounts
- Review and approve supplier invoices related to a project
- Review and approve timesheets for work related to a project
- Review account totals related to project assets and expenses
- Investigate project variances and submit variance reports to management
- Report on project profitability to management
- Create or approve all project-related billings to customers
- Investigate all project expenses not billed to customers
- Approve the write off of any project-related billings that cannot be billed to or collected from customers
- Close out project accounts upon project completion
- Create and submit government reports and tax returns related to projects
- Compile information for internal and external auditors, as required
Academic/Educational Requirements:
- HND/BSC Accounting
- Relevant professional qualification, ACA or ACCA is a plus
Required Skills/Experience:
- 7 year’s experience in Construction Project Accounts
- Knowledge of accepted accounting practices and principles
- Knowledge of auditing practices and principles
- Knowledge of applicable laws, codes and regulations
- Knowledge and experience of related computer applications
- Must be proficient in the use of accounting packages e.g. peachtree, Sage, MSN Money
- Attention to detail and accuracy
- Planning and organizing
- Excellent communication skills
- Information and task monitoring
- Problem analysis
- Judgment and problem-solving
- Stress tolerance
- Must be able to travel within Nigeria
Job Description
Teclab Management Services Limited (Teclab) is a human resource consulting firm established to manage all people affairs.
Our Client, a Group of Companies and a Business leader in communications has several vacant positions in Her HR, Admin and Account Department in its offices in Lagos and other upcountry branches in Nigeria.
Position Expectation:
To oversee the management of the financial activities of group and its associated companies and funds, developing and implementing the company’s financial policies and strategies, and for ensuring the most effective and appropriate use of the company’s finance and funds. This Person reports to the Financial Controller
Roles and responsibilities:
- Maintenance of accurate and timely financial accounting results and efficient controlled financial processes for the Group
- Month End Closing processes
- Intercompany reconciliations
- Payroll related reconciliations
- VAT returns
- Process improvement projects
- Responsible for the preparation of monthly close entries for multiple General Ledgers
- Prepare Statutory Accounts, Tax Returns and update Tax Stream
- Cash Management for group companies as well as coordinate, organize and prepare internal / external cash, debt and equity transactions
- Provide audit support and point of contact for external auditors during quarterly and year end audits
- Prepare monthly bank and account analysis resolving any reconciling items
- Reconcile Inter-business Accounts
- Prepare Inter-business billing, monthly memo accounts and quarterly schedules
- Prepare monthly legal entity forecasts, review with Accounts and business Managers and provide monthly analysis report of actual vs. forecast and budget
- Reconcile and analyze key balance sheet and income statement accounts adhering to company policy
- Review transactions for compliance with GAAP, SOX and Company policy
- Key member of Finance Projects to improve process, systems
Education and other requirements:
- University graduate in Accounting with professional accounting designation (ICAN, CGA, CMA, CA) or an equivalent combination of education, training and experience.
- Higher educational level in accounting (accounting degree or post degree Accountancy qualification)
- 10 years of related experience.
- Several years experience in an accounting department in an international orientated organisation
- Systems experience – SAP and strong Excel.
- Supervisory experience and Experience in sales tax applications. Is required
- Age Limit: 35-42 years
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