Financial Controller at Tincan Island Container Terminal Limited

Tincan Island Container Terminal Limited (TICT), established in 2004, is a multinational company operating in Nigeria with its Terminal located at Tin-can Island Port, Terminal B (2nd Gate), Apapa, Lagos and has its Head Office at 1/3 Point Road, Apapa, Lagos. After a very competitive bidding process, TICT emerged as the concessionaire of Terminal B, Tincan Island Port. Armed with a long-term lease agreement with the Federal Government of Nigeria, and an unwavering commitment to continued investment in Port development, we are poised to position ourselves as a key industry player within the African sub-region.

We are an organization driven by innovation, intelligence and commitment to excellence. We are open to all stakeholders of the Port Community, creating platforms for value creation and advancing opportunities. We are composed of seasoned Management and dedicated Staff who work in synchronization towards the achievement of set goals and objectives. Our ambition, through a collaborative approach with our larger Port Community, is to act and be recognized as a pro-active and pioneering change agent, keen and able to positively contribute to Nigeria / Lagos Port ecosystem efficiency and modernization.

We are recruiting to fill the position below:

Job Title: Financial Controller

Location: Apapa, Lagos
Employment Type: Full-time

Job Description

• The job holder is responsible for managing the Finance and Accounting operations on reporting variances, analysis, and preparing budgets, and financial forecasts.
• The job holder also prepares and publishes financial statements and reports to guide decision-making.

Duties
Leads and manages the Finance Operations function:

• Manages the overall cost control function, including but not limited to stock, technical and operations and develops reliable performance measurement KPIs.
• Identifies and recommends processes and/or cost improvement opportunities.
• Sets goals for the team in terms of quality of reporting & cost control.
• Assesses the performance of the team.
• Ensures financial risk management through analysis and mitigation of the risk environment.
• Provides financial advisory for project contract management and deal-making.

Reports finance control-related tasks:

• Ensures the accuracy of the financial and business analysis reporting process in strict respect of the deadline.
• Prepares the various reporting required by HQ and ensures their consistency.
• Anchors the annual budget preparation process.
• Prepares monthly forecast, variance analysis and budget-to-actuals reports required by the management.
• Controls the cost of the company’s assets.
• Prepares the DAC & DAD (investment requests), and monitors capital cash out and budget.
• Prepares the monthly financial reports (expenses, facilities, accounts opened and closed), and quarterly reports for the HQ.

Revenue’s recognition:

• Ensures exhaustive revenue invoicing and collection on all billable activities.

Project implementation:

• Establishment of the business plan (proposition, implementation, control, monitoring).

Analytical Accounting: Enabling activity-based costing development and task-related:

• Develops and updates the analytical accounting within the department.
• Provides accurate information about the cost per equipment, and its evolution and proposes corrective actions to management.
• Sets up weekly, and monthly analyses of these indicators and reports to the CFO, with KPI covering both operational and financial aspects.
• Supports Heads of Departments (not limited to operations) in generating departmental monthly statistics.
• Provides accurate information about the cost of a company’s operations and their management evolution.

Disbursement control:

• Monitoring the company disbursement per activity and ensuring the accuracy of the file balances with the provisional expectations.

Others:

• Assists and supports the proper implementation of the SOP.
• Reviews current finance processes and makes recommendations for improvement.
• Assists in the accounting operation control & reviews reports (expenses)
• Ensures the efficiency of the company’s procurement system and implements the relevant procedures.
• Ensures the safekeep of confidential financial information, such as contractor guarantees, etc.
• Coaches team members on the job.
• Any other task assigned by the Line Manager

Requirements

• BSc. in Finance or Accounting, Economics from an accredited institution.
• MSc. or MBA is an added advantage.
• ACCA, CFA, CPA, or other relevant qualifications within or outside Nigeria with Proven skills and experiences are required.
• Big 4/ FMCG/ Integrated Logistics Experience will be added advantage.
• Excellent Microsoft Excel skills (Microsoft Access will be a plus)
• Minimum of 5 years relevant experience in Accounting / Financial Analysis / Business Analysis/ Internal Audit / Statutory Audit Experience /Cost control.

Method of Application
Interested and qualified candidates should:
Click here to apply