Project Specific Management: Monitor, upkeep manage financial and accounting system to ensure adequacy of project fund and budget for timely disbursal of milestone payments, retention, release / encashment of bonds and bank guarantees (BG's) as per contract terms, claims, variations. Responsible for all project transactions and preparation of payment certificates and authorization. Maintain the book of accounts and arrange periodical internal audit. Gradually develop a Project account manual and guidelines (Do's and Don't). Proper documentation of all financial activities, invoices and supporting documents. Facilitating and arranging training orientation program for other team members
Budgeting and investment planning: Conduct future investment planning and provide financial forecasts (income, banks loans, investments) for the short, medium, and long term.
Accounts management: Manage accounts receivable process to enable invoicing and collections and debtor management (excluding customer billing). Manage accounts payable process to enable vendor management, payment management, expense management and the transaction process. Establish and manage supporting systems.
Foreign exchange and tax management: Coordinate with banks and the Central Bank of Nigeria (CBN) on all FX protocols for U.S. dollar inflows, capital importation certificates and waivers. Manage all tax issues during construction and operations including import duties, sales taxes, duties and levies, tax incentives. Coordinate with external tax advisors and collate advice as required. Coordinate with tax consultants for statutory deductions and company taxes.
Reporting and auditing: Provide monthly financial reporting on health of the company, conduct internal audits as necessary, and oversee and reconcile ledgers. Oversee and manage annual external audits.
Contract/vendor management: Participate in contractor appointment processes and brief parties on the terms and scope of such appointments; Work with team to administer contracts, evaluate and approve submissions and monitor contractor performance against agreed terms and conditions; Alert contractor to any non-conformance.
Payroll: Administer payroll, staff benefits, expenses, and staff training. Establish and manage supporting systems.
Risk management: Perform risk management by analyzing the organization's liabilities and investments. Support decision making on investment strategies by considering cash and liquidity risks. Should have in-depth knowledge of financial law and risk management practices.
Project control: Credit Checks on suppliers/vendors. Budget tracking, payment certificate review and approvals for project and supplier payments in consultation with project managers and operations team.
Establishment of and assurance of compliance with agreements: Establish Service Level Agreements (SLA) and administer relationship with vendors and service providers. Ensure customer, employee, and service provider/contractor wellbeing. Ensure legal and regulatory compliance and keep records of all Konexa contracts. Ensure due diligence on procedural and legal requirements for contracting.
Qualifications
Bachelor's degree in Finance, Accounting, Business Administration, or a related field or a Master's degree. Professional certification (e.g., ACA, ACCA) is compulsory.
Minimum of 7 years of experience in financial controlling, project finance, or a similar role, preferably in the energy or utilities sector.
Strong understanding of financial regulations and reporting requirements in Nigeria.
Proven experience in budget management and financial analysis.
Excellent analytical skills and attention to detail.
Strong communication and interpersonal skills, with the ability to collaborate effectively with diverse teams and stakeholders.
Proficiency in financial software and tools, with advanced Excel skills.