Finance Manager at Nigeria Machine Tools Limited (NMT)

Nigeria Machine Tools Limited (NMT) is an end-to-end Engineering design, consulting, production and services company with extensive multi-plant capabilities. We are the leading manufacturer of machine tools and implements, machine accessories, mechanical spares and after sales support provider in West Africa. Our plant facilities, assembly and production capacities make us the preferred provider of some of the most complex spares, implements, machine tools and varied equipment services.We are recruiting to fill the positions below:Job Title: Finance ManagerLocation: NigeriaJob DescriptionThis position is responsible for financial management and day to day analysis and reporting of factory finances.The job holder oversees accounting and finance and ensures timely and accurate financial reporting, effectiveness of the accounting system and compliance with regulatory and operational standards.ResponsibilitiesKey responsibilities include:To manage the factory – sales – Business development finance functionLead all cost accounting and general accounting operationsResponsible for product costing and variance analysisProvide profitably of the SBU’s activityContinuous review and monitoring of material, labor and burden accounts to ensure proper reportingSupervise the maintenance of manufacturing ledgers, cost accounting activities, and the preparation of plant financial and other control reportsDevelop the plant’s budget & forecasts accurately to ensure financial accountabilityClose financial books every period, report results and explain variancesManage the budget; monitor budget implementation, highlight deviations and recommend appropriate interventions.Provide and interpret financial information for practical application to guide operations across departments and the factory.Manage the factory’s accounting systems and procedures, ensure they are up-to-date and in compliance with all applicable statutory and regulatory requirements.Coordinate the preparation of financial statements; review and ensure accuracy of accounting records; ensure timely and accurate financial reporting.Facilitate and coordinate the preparation of year end closing and financial statements.Provide period and ad-hoc reports and financial analysis as required to support management decision making.Prepare monthly and other periodic financial results including various analyses, highlighting financial KPIs performances versus target.

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