Financial Controller at AfyA Care

Job Title:	Financial Controller at AfyA Care
Organisation:	AfyA Care
Location:	Lagos State
Min Work Experience:	No specified year(s)
Qualification:	B.Sc
Industry:	Accounting/ Audit/ Finance
Course:	RELATED DISCIPLINE

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AfyA Care - Set up to actively invest in and operate healthcare assets with a vision to make healthcare accessible and affordable.

We are recruiting to fill the position below:

Job Title: Financial Controller

Location: Lagos, Nigeria
Reports to: COO and CFO

Summary

We seek a Financial Controller to oversee the finance and accounting department of our hospital investee company.
The Financial Controller will be responsible for the performance of a variety of duties including, working capital management, treasury, transaction processing, reporting, planning and compliance.

Core Functions/Responsibilities
Management:

Manage the operations of the finance and accounting department of the hospital.
Develop and implement finance and accounting policies, processes and procedures in line with leading practices.
Maintain a documented system of accounting policies and procedures.
Oversee the activities of any supplier to which functions have been outsourced.
Oversee the finance and accounting department of hospital subsidiaries/spokes (where applicable).

Treasury and Working Capital Management:

Ensure adequate funding is available to meet ongoing operational and capital investment requirement through effective working capital management.
Proactively manage cashflows and implement treasury management best practices.

Transactions:

Verify all expense claims to certify correctness and ensure that all appropriate supporting documents have been provided.
Record cash receipts in a timely manner and deposit them promptly.
Ensure that all cash and cheque payment requests are duly completed, certified and approved by authorized staff and all necessary supporting documents are provided before payment is done.
Ensure invoices are issued as soon as services are rendered to customers.
Oversee the prompt collection of account receivables.
Maintain banking relationships.
Prepare monthly bank reconciliation for all bank accounts.
Make scheduled debt payment as needed.
Process payroll information and issue compensation payment to employees when due.
Maintain records of all expenses and entries into their ledgers and reconciliations of the ledgers.
Maintain an orderly filing system for all hard copies of source documents, including a system of document archiving and destruction.
Maintain a comprehensive system of control over all accounting functions.

Reporting:

Coordinate and oversee the timely preparation of monthly management accounts and financial reports.
Supervise the preparation of consolidated financial statement accounts for Hospital and subsidiaries/spokes in accordance with acceptable IFRS standards.
Prepare various financial analysis and management report.
Provide valuable analysis and insightful review of financial results and value drivers.
Measure financial and operational performance of the business and report to management.
Engage in benchmarking studies to establish areas of potential operational improvement.
Identify key business metrics and report on them to the management.
Identify financial risks and assess the long-term effect of risk using scenario analysis.
Provide information needed by external auditors in the preparation of audited financial statement.

Planning:

Coordinate the creation of the annual budget.
Calculate and report reasons for variances between actual and budgeted results to management.
Assist management in the formulation of its overall strategic direction.

Compliance:

Monitor the company’s compliance with debt covenants and report any breach to management.
Manage regulatory payments–PAYE, Pension, WHT and Tax filings.
Supervise and monitor compliance with relevant tax laws.

Application Closing Date
Not Specified.

APPLY HERE

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