Financial manager

Job opening: accounting, finance jobs, jobs in Yaba, Lagos, Nigeria

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Financial manager
Location: Yaba, Lagos
Last update:

Ad description

A financial manager is responsible for providing
financial advice and support to clients and
colleagues to enable them to make sound
business decisions.
They may be employed in many different
environments including both public and private
sector organisations, such as:
multinational corporations;
retailers;
financial institutions;
NHS trusts;
charities;
manufacturing companies;
universities;
and general businesses.
Financial considerations are at the root of all
major business decisions. Clear budgetary
planning is essential for both the short and long
term, and companies need to know the financial
implications of any decision before proceeding.
In addition, care must be taken to ensure that
financial practices are in line with all statutory
legislation and regulations.
Financial managers may also be known as
financial analysts or business analysts.
Typical work activities
The roles of financial managers can vary
enormously. In larger companies for instance,
the role is more concerned with strategic
analysis, while in smaller organisations, a
financial manager may be responsible for the
collection and preparation of accounts.
In general, tasks across roles may include:
providing and interpreting financial information;
monitoring and interpreting cash flows and
predicting future trends;
analysing change and advising accordingly;
formulating strategic and long-term business
plans;
researching and reporting on factors influencing
business performance;
analysing competitors and market trends;
developing financial management mechanisms
that minimise financial risk;
conducting reviews and evaluations for cost-
reduction opportunities;
managing a company's financial accounting,
monitoring and reporting systems;
liaising with auditors to ensure annual monitoring
is carried out;
developing external relationships with appropriate
contacts, e.g. auditors, solicitors, bankers and
statutory organisations such as the Inland
Revenue;
producing accurate financial reports to specific
deadlines;
managing budgets;
arranging new sources of finance for a
company's debt facilities;
supervising staff;
keeping abreast of changes in financial
regulations and legislation.
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Posted by
Obatglobalconcept Obatglobalconcept (27)
Nigeria

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