Job Location : Osun Deadline : January 01, 2026 Quick Recommended Links

Job Brief

Our client in the automobile sector is seeking a seasoned and strategic Finance Manager to oversee the company's financial health, drive operational efficiency, and support business growth.
The ideal candidate will supervise all financial operations, provide leadership in budgeting and forecasting, ensure regulatory compliance, and offer strategic insights that strengthen decision-making across sales, workshop, procurement, and inventory units.
This role requires strong leadership, deep financial acumen, and the ability to implement systems that enhance financial control and business performance.

Key Responsibilities
Financial Management & Reporting:

Oversee day-to-day financial operations and ensure accurate, timely, and compliant financial reporting.
Prepare and analyze monthly, quarterly, and annual financial statements, highlighting performance trends and variances.
Develop and manage the annual budget, financial forecasts, and long-term financial strategy of the company.
Provide periodic financial dashboards, cost-tracking reports, and profitability analyses for management decision-making.

Treasury & Cash Flow Management:

Manage cash flow planning, ensuring adequate liquidity for operations and investments.
Oversee bank relationships, loan facilities, and financing arrangements where applicable.
Implement effective cash management and disbursement controls.

Cost & Inventory Control:

Monitor cost of goods sold (COGS), gross margins, and profitability across vehicle sales, spare parts, and workshop services.
Supervise inventory valuation, reconciliation, and stock optimization for vehicles, parts, and workshop materials.
Develop cost-reduction initiatives and financial controls to improve operational efficiency.

Regulatory Compliance & Audit:

Ensure compliance with statutory requirements, including VAT, PAYE, WHT, CIT, and other financial regulations.
Coordinate internal and external audit processes, providing required documentation and ensuring implementation of audit recommendations.
Establish, review, and maintain robust internal control systems across the company.

Financial Operations Oversight:

Approve and validate job cards, service invoices, procurement expenses, and workshop-related postings.
Oversee accounts receivable, accounts payable, billing, and collections for all business units.
Maintain the fixed asset register and supervise periodic asset verification and depreciation schedules.

Strategic Support & Leadership:

Provide financial insights that support pricing strategies, investment decisions, and business growth initiatives.
Partner with the Managing Director and departmental heads to enhance profitability and operational performance.
Lead, mentor, and develop the finance team to strengthen capacity and ensure adherence to best practices.

Key Performance Indicators (KPIs)
Financial Reporting & Accuracy:

Timeliness of monthly and quarterly financial reports (within defined deadlines).
Accuracy rate of financial statements and reconciliations (target: 98%+).
Reduction of reporting discrepancies and audit queries.

Budgeting, Forecasting & Cost Control:

Timely completion of annual budgets and periodic forecasts.
Variance between budget and actual spending (±510% acceptable variance).
Reduction in operational costs through implemented controls and efficiency initiatives.

Cash Flow & Liquidity Management:

Compliance & Audit Preparedness:

Zero penalties from regulatory bodies (FIRS, State IRS).
Successful completion of internal and external audits with minimal issues raised.
Implementation rate of audit recommendations (target: 95%+).

Inventory & COGS Management:

Requirements

HND/BSc in Accounting, Finance, Economics, or related field.
Minimum of 3-7 years of hands-on financial management experience, preferably within the automobile industry or a structured organization.
Professional certification (ICAN, ACCA, ANAN) is strongly preferred.
Solid experience in budgeting, financial modelling, treasury management, and cost control.
Proficiency in accounting and ERP systems such as SAP, Sage, QuickBooks, or Tally.
Strong analytical, leadership, and stakeholder management skills.
High ethical standards, attention to detail, and ability to work under pressure.

Key Competencies:

Finance Manager