Finance Manager – Team Lead at Independent Project Monitoring Company Limited (IPMC)

About the job

• Finance Manager – Team Lead: The finance manager evaluates the project’s financial performance, budget compliance, and cost control measures.

Responsibilities:

• ensure that project operations and payments are efficient, effective and complied with the company standards and client’s expectations.
• oversee the financial management of the project. This includes oversight of finance and accounting activities to guarantee timely and cost-effective delivery of goods and services.
• Ensure all regulatory requirements are met
• Perform robust spot checks and regular reviews of the financial accounts and supporting documents.
• Prepare Financial Reports and ensure all balance sheet accounts are reconciled accurately
• Ensure robust and clearly defined controls and expectations in the correct application of the financial management systems
• Provide senior-level strategic support and guidance to the project team in all areas related to project financial management.
• Monitor project timelines, budgets, and resource allocation to achieve successful outcomes
• Perform routine financial analysis on program expenditures, documenting and monitoring overall performance, analysing trends, and identifying gaps to ensure efficient and sound project management.
• Ensure that payments are processed accurately, timely, and safely.
• Provide an independent check and monitor expenses arising from the project to verify occurrence, accuracy, completeness and proper classification of transactions.
• Ensure that control systems are in place to certify that project operations are well managed, and in full compliance with local laws, comply with the terms and conditions of contract.
• Conduct thorough operational risk assessments and monitor the success of risk mitigation and risk control activities on the project.
• Coordinate the execution of internal and external financial reviews or audits and ensure timely follow-up to review or audit conclusions and recommendations in close collaboration with the project team.

Qualifications 

• B.sc in accounting, finance, or related field
• PREFERRED: Professional accounting certification (e.g. ACA, ACCA, ICAN, CPA)
• Minimum 20 years’ experience in Close-Out Audit for a Refinery or Petrochemical Industry

Knowledge, Skills and Competences:

• Understanding of key aspects of accounting.
• Ability to use accounting software
• Demonstrated proficiency in Microsoft Office programs, especially Excel spreadsheets.
• Must possess good report writing, presentation, data analytics, and interpretation skills.
• Strong teamworking orientation with a flexible and adaptable approach to work demands across the whole organization.
• Demonstrate good judgment and sound financial knowledge.
• Ability to create and monitor budgets. Understanding of Cash Control, Asset Management, and Bank Reconciliations.
• Understanding of principles of adequate documentation and of audit, and performance necessary to ensure audit compliance