Rita

Assistant Finance Manager

Posted: 6 minutes ago

Job Description

  JOB TITLE: Assistant Finance Manager LOCATION: Victoria Island, Lagos DIVISION/DEPARTMENT Finance REPORTS TO:       Finance and Growth Manager DIRECT REPORTS: Accounts Payable, Receivables, Payroll, Cost Control, Income Audit, Cashier, and Store Control Units WORK RELATIONSHIPS: MD, ED, Department Heads (Casino, Rooms, F&B, HR, Engineering, Sales & Marketing), Tax Authorities, SEC, FIRS, LIRS, Banks, Vendors. JOB SUMMARY Responsible for providing strategic and operational financial leadership to the hotel and casino in alignment with IFRS, local tax regulations, and PLC corporate governance standards. Oversees financial planning, reporting, and control functions across all business units to drive profitability, ensure regulatory compliance, and safeguard assets. Leads budgeting, cost management, and audit activities while maintaining rigorous internal controls and supporting executive decision-making through timely, accurate financial insights. Partners with senior management to strengthen financial discipline, enhance operational efficiency, and sustain business growth. ESSENTIAL JOB FUNCTIONSFinancial Management and Reporting ·      Leads preparation of monthly, quarterly, and annual management accounts in line with IFRS.·      Ensures timely and accurate submission of PLC financial reports, board packs, and SEC filings.·      Consolidates results for hotel, casino, and other operating units.·      Oversees preparation of cash flow forecasts and working capital projections.Budgeting and Cost Control·      Leads the annual budgeting and quarterly reforecast process for all business units.·      Implements cost-control systems across payroll, procurement, energy, and departmental expenses.·      Monitors performance ratios (EBITDA margin, payroll %, occupancy, RevPAR, gaming revenue index).Governance, Compliance and Audit·      Ensures compliance with CAMA, FIRS, LIRS, VAT, and other statutory requirements.·      Maintains liaison with external auditors, tax consultants, and internal audit.·      Drives EFCC & AML reporting (transactions above reporting thresholds, KYC documentation).Treasury and Cash Management·      Oversees daily banking, cash flow, and credit management.·      Manages FX transactions and repatriation reporting.·      Supervises casino floats and cashiers, ensuring strict accountability.System, Controls and Process Improvement·      Oversees PMS, POS, and ERP accounting systems.·      Maintains the chart of accounts consistent with Hospitality and Casino segment reporting.·      Drives automation of financial processes and internal control improvements.Leadership and People Management ·      Supervises Finance team and ensure professional development (ICAN/ACCA).·      Partners with department heads to strengthen financial awareness.·      Provides mentorship and financial insight to senior management and the Board EDUCATIONQUALIFICATIONS: ·      Minimum of a bachelor’s degree or HND in Accounting, Finance or a related field from a reputable institution.·      ICAN/ACCA/CPA qualification is mandatory. WORK EXPERIENCE: ·      Minimum of ten (10) years of progressive work experience in finance or accounting functions.·      At least five (5) years in a supervisory or leadership capacity.·      Experience within the hospitality or gaming industry will be an added advantage. KNOWLEDGE REQUIREMENTS: ·      In-depth knowledge of IFRS reporting standards and PLC financial governance.·      Strong understanding of financial strategy, forecasting, and budgeting processes within the hospitality and gaming sectors.·      Proven expertise in internal controls, audit compliance, and risk management frameworks.·      Working knowledge of treasury operations, cash flow management, and financial analysis tools.·      Proficiency in hotel and casino management systems such as Opera, Micros, and SAGE.·      Familiarity with tax laws, CAMA, and regulatory compliance requirements (FIRS, LIRS, SEC).·      Advanced proficiency in Microsoft Office Suite, particularly Excel for financial modelling and analysis.·      Understanding of performance metrics and KPIs related to hospitality operations, including occupancy, RevPAR, and payroll ratios.·      Knowledge of team leadership principles, cross-functional collaboration, and board-level reporting in a corporate hospitality environment. SKILLS REQUIRED: Leading and supervisingPresenting and communicating informationApplying expertise and technology Learning and researchingDetail orientationWorking with peopleRelating and networkingAdhering to principles and valuesEntrepreneurial and commercial ThinkingCoping with pressures and setbacks  NB: Only shortlisted candidates would be contacted

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