at Arik Air

Aviation & Aerospace
Financial Services
Minimum Qualification
Bachelor's Degree
Required Experience
15+ years
Employment Type
Full Time
Male or Female
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Job Description

  • Manage the general ledger and prepare monthly financial statements and forecasts.
  • Oversee the preparation of monthly management reports.
  • Monitor actual financial results vs. budget, highlighting key variances for management.
  • Implement all necessary policies and procedures and improve our internal controls.
  • Manage annual audit including writing financial statements and accompanying notes.
  • Manage inter-company reporting and consolidation of accounts between them.
  • Develop, recommend, implement, monitor, apply, coordinate, and manage the policies and procedures to govern the accounting and reporting for subsidiaries of the company (domestic and international).
  • Prepare monthly, quarterly and annual reports for the Board.
  • Enhance internal controls by ensuring that processes are in place to safeguard cash.
  • Support the SVP of Finance in overseeing the accounting department and audit functions.
  • Review reports to analyze projections of sales and profit against actual figures, budgeted expenses against final totals, and suggests methods of improving the planning process as appropriate.
  • Analyze company operations to pinpoint opportunities and areas that need to be reorganized, down-sized, or eliminated.
  • In conjunction with others, study long-range economic trends and project company prospects for future growth in overall sales and market share, opportunities for acquisitions or expansion into new disciplines.
  • Estimate requirements for capital.
  • Support the SVP-Finance in supervising accounts payable and receivable.
  • Ensure that all personnel that need to use the Company’s MIS software are properly trained to use it and have access to their reports.
  • Keep the company’s business licenses compliant in all jurisdictions in which it does business.
  • Ensure that the company files timely and accurate tax returns (federal, state, county, city, sales tax, etc.)
  • Prepare policies and procedures, as needed, with regard to audits by various taxing agencies, clients, internal, etc.
  • Assist company legal staff in the defense of litigation through periodic meetings.
  • Maintain all project, discipline, and company-wide financial planning systems, and reporting.
  • Responsible for the company payrolls.
  • Participate in the selection of company-provided employee benefits.
  • Assist senior Management with selection of locations for office leases and participates in the financial negotiations for same. Also responsible for tracking lease notice and expiration dates.
  • Train/assign training for accounting staff, who are responsible for accounts payable, accounts receivable, and payroll.
  • Monitor performance of the accounting department. Provide prompt and objective coaching and counseling.
  • Responsible for financial planning and the development of budgets.
  • Maintain knowledge of activities and plans of operating and administration divisions.
  • Other tasks as required by management



  • Bachelor’s degree in Finance or Accounting required. Certified Public Accountant (CPA) or Certified Financial Analyst (CFA) desirable. Master’s degree in Finance or Accounting preferred.
  • A minimum of 15 years of combined accounting and finance including at least 10 years of experience with planning, compliance and reporting activities associated with a publicly-held company. Experience working with a multinational corporation is strongly preferred.
  • Knowledge of IFRS
  • Must be located in Lagos with a minimum 25% to travel among different office locations as required.
  • Demonstrate management and financial skills in dealing with all phases of business operations.
  • Leadership and communications skills to supervise and mentor accounting, and other company staff.
  • Proficiency in MS Office Applications and SAGE ERP other ERP software comparable to Oracle, etc.
  • Must be able to exercise a keen awareness of the legal implications of disclosing material company information; ongoing awareness of trends in senior Management's thinking; ongoing familiarity with both industry and company activities; and an ongoing knowledge of stock market and financial trends.
  • Excellent financial and business judgment skills; business acumen and ability to provide financial and business advice to all levels of Management and the Company’s Board.
  • Motivated to work in a fast-paced environment, to move things forward, to meet stringent timelines, and to handle multiple demands simultaneously.
  • Must possess excellent communication and interpersonal skills and the ability to work with a wide range of people with varying degrees of financial exposure. Understanding and articulation of the Company's financial position and strategic activities is essential.
  • Independent and creative problem solving skills are required.
  • Ideal candidate will also have broad-based financial background, including experience with financial planning and analysis, forecasting and budgeting.
  • Fluency in English (written and oral).


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