Head, Financial Reporting - Portharcourt, Nigeria - Deloitte Nigeria
Found in: beBee S2 NG - 1 week ago
Description
ABOUT THE COMPANY
Deloitte is the largest private professional services network in the world. Everyday, approximately 286,200 professionals in more than 150 countries demonstrate their commitment to making an impact that matters. Our West Africa practice serves multinationals, large national enterprises, small and medium-sized enterprises and the public sector across Nigeria and Ghana.
In Nigeria, Deloitte is one of the leading professional services firms, specializing in providing Audit, Tax, Consulting, Risk Advisory and Financial Advisory services. We serve clients in a variety of industries from financial services, consumer, telecommunications, media & technology, energy resources & Industrial and government and public services.
JOB SUMMARY
Requirements Minimum of Bachelor's Degree in Accounting, Business Administration, or related Course MBA or master's in finance will be an added advantage Possess ICAN certification years' experience, of which at least 5 years are in a middle management role. Proficiency in financial reporting software and tools, such as ERP systems, spreadsheet applications, and financial management software
RESPONSIBILITIES
Duties Financial Reporting Strategy: Develop and implement a comprehensive financial reporting strategy aligned with Company's objectives, regulatory requirements, and industry best practices Establish reporting frameworks, policies, and procedures to ensure consistency and integrity in financial reporting across the group.Financial Statement Preparation: Lead the preparation of consolidated financial statements for the holding company and its subsidiaries in accordance with relevant accounting standards (e.g., IFRS, GAAP). Coordinate with finance teams at subsidiary levels to gather financial data, reconcile intercompany transactions, and consolidate financial results accurately.Internal Controls and Compliance: Establish and maintain internal controls over financial reporting (ICFR) to ensure the accuracy and reliability of financial information. Monitor compliance with accounting standards, regulations, and internal policies, and implement remedial actions as needed to address deficiencies and mitigate risks.Financial Analysis and Interpretation: Conduct in-depth analysis of financial statements and performance metrics to assess the financial health, profitability, and efficiency of the group's operations. Provide insights and recommendations to senior management based on financial analysis to support strategic decision-making and resource allocation.Budgeting and Forecasting: Collaborate with finance teams to develop annual budgets, financial forecasts, and long-range financial plans for the company's and its subsidiaries. Monitor budget variances, analyze financial performance against targets, and identify areas for cost optimization and revenue growth.External Audit and Regulatory Reporting: Coordinate external audits and regulatory filings for the Company's financial statements, ensuring compliance with regulatory requirements and deadlines. Serve as the primary point of contact for external auditors and regulatory authorities, facilitating the audit process and addressing inquiries and requests.Investor Relations Support: Support investor relations activities by providing accurate and timely financial information to shareholders, analysts, and other stakeholders. Assist in the preparation of investor presentations, annual reports, and other communication materials to communicate the group's financial performance and strategic initiatives effectively.System Enhancements and Automation: Identify opportunities to enhance financial reporting processes through automation, standardization, and optimization of financial systems and tools Implement technology solutions and data analytics capabilities to streamline reporting workflows and improve efficiencyTalent Development and Team Management: Build and develop a high-performing financial reporting team, providing leadership, guidance, and mentorship to team members. Foster a culture of excellence, collaboration, and continuous learning to support career growth and professional development.Risk Management: Identify and mitigate risks associated with financial reporting processes, including accounting errors, fraud risks, and data integrity issues. Develop and implement risk mitigation strategies and controls to safeguard the integrity and reliability of financial information.Continuous Improvement: Stay abreast of emerging accounting standards, regulatory changes, and industry trends related to financial reporting. Continuously evaluate and enhance financial reporting practices, policies, and procedures to adapt to evolving business needs and regulatory requirements.
REQUIRED SKILLS
Budgeting, financial planning, Compliance, Financial controlling, Documentation and record keeping
REQUIRED EDUCATION
Bachelor's degree