Finance Manager
Company Name:Probe Compliance Africa
Job Description:
We are seeking a highly skilled and detail-oriented Accountant to join our finance function and play a crucial role in managing the financial operations. The ideal candidate will possess extensive experience in accounting, financial analysis, and reporting and ideally experience in hospitality.
Responsibilities:Financial Reporting:
- Prepare and analyse monthly, quarterly, and annual financial statements.
- Generate insightful financial reports, highlighting key performance indicators (KPIs) and financial trends.
- Ensure compliance with IFRS and relevant accounting standards for SaaS companies
Budgeting and Forecasting:
- Collaborate with department heads to develop and maintain accurate and realistic budgets.
- Prepare financial forecasts and variance analyses to support strategic decision-making.
- Monitor budget performance and provide recommendations for cost control and efficiency improvements.
Revenue Recognition:
- Implement and oversee revenue recognition processes in accordance with IFRS 15 and ASC 606 for subscription-based SaaS revenue models.
- Collaborate with sales and customer success teams to ensure accurate and timely recording of revenue
Financial Analysis:
- Conduct detailed financial analysis to support business decisions, including product profitability and market expansion opportunities.
- Provide insightful analysis on key financial metrics, such as customer acquisition costs (CAC), lifetime value (LTV), and churn rates
Cash Flow Management:
- Manage cash flow and liquidity, including the monitoring of working capital and capital expenditure.
- Implement cash flow forecasting to anticipate and address potential liquidity challenges
System Integration and Improvement:
- Work closely with the finance and IT teams to enhance and streamline financial systems and processes.
- Implement best practices for financial data management and reporting within accounting software
Cross-Functional Collaboration:
- Collaborate with cross-functional teams, including sales & marketing, and engineering to gather and analyze financial data for strategic decision-making.
- Act as a financial consultant to various departments, providing insights to support their objectives.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; ACA/ICAN/ACCA/CIMA or relevant professional certification preferred.
- 5+ years of progressive experience in accounting and finance roles, with at least 2 years in a SaaS environment
- Thorough understanding of SaaS business models, revenue recognition principles, and subscription-based accounting.
- Proficient in financial modelling, forecasting, and analysis.
- Strong knowledge of IFRS and other relevant accounting standards.
- Experience with accounting software and ERP systems. Quickbooks online experience would be beneficial but not mandatory
- Excellent communication and interpersonal skills.
- Ability to thrive in a fast-paced, dynamic environment.
Pay: From ₦400,000.00 per month
Experience:
- Accounting: 5 years (Preferred)
Job Type: Full-time
Job Posted:24th February 2025
Job Category: Onsite
Job Type: Full Time
Job Location: Lagos