The Head of Finance Operation
will oversee the financial operations of CIG Motors Company Limited, ensuring
the accuracy and efficiency of financial processes. This role involves managing
day-to-day financial activities, implementing financial policies, and ensuring
compliance with regulatory standards. The Head of Finance Operation will work
closely with other departments to support financial planning, reporting, and
decision-making.
Key Responsibilities:
Ensure timely and accurate
processing of financial transactions and reconciliations.
·
Manage cash flow and ensure
adequate liquidity for operational needs.
2.
Financial Reporting:
·
Prepare monthly, quarterly,
and annual financial statements in compliance with IFRS.
·
Conduct financial analysis
and provide reports to senior management.
·
Ensure the accuracy and
integrity of financial data and reporting.
3.
Budgeting and Forecasting:
·
Assist in the preparation of
annual budgets and periodic forecasts.
·
Monitor financial
performance against budgets and provide variance analysis.
·
Support strategic planning
and decision-making with financial insights.
4.
Compliance and Internal
Controls:
·
Ensure compliance with
financial regulations, company policies, and accounting standards.
·
Develop and implement
internal controls to safeguard company assets and ensure financial accuracy.
·
Liaise with auditors and
regulatory bodies during audits and inspections.
5. Process Improvement:
·
Identify opportunities for
process improvements and implement best practices in financial operations.
·
Automate and streamline
financial processes to enhance efficiency and accuracy.
·
Collaborate with IT to
maintain and upgrade financial systems and tools.
6. Team Leadership:
·
Lead, mentor, and develop
the finance operations team.
·
Foster a culture of
continuous improvement and high performance.
·
Ensure effective
communication and collaboration within the finance team and with other
departments.
Qualifications and
Experience:
Key Competencies:
CIG Motors Co., Ltd is the representative of GAC Motor in Nigeria. It began
its operations in 2013 following a pact signed with Guangzhou Group
Automobile Group Co., (GAC Motor) to establish and manage
distribution networks in Nigeria and subsequently Africa.
CIG Motors Co., Ltd started with the introduction of 2 major models;
the GA3 Saloon and GS5 SUV models of GAC Motor; with a subsequent
introduction of 3 more models in 2016 and 2017. As at date, CIG Motors
has introduced 6 GAC Motor models into the Nigerian market; GA3,
GA3S, GS3, GS4 and the Standard Luxury SUV GS8 (which is the flagship
model). CIG Motors Co., Ltd recently introduced the Mini Space Bus GN8
and intends to cover the Nigerian market with the world’s best in terms
of automobiles.
CIG Motors Co., Ltd recently signed another landmark technical assembly
agreement with a new partner, Jiangxi Jiangling Motors Import and
Export Co., Ltd, thereby extending it’s vehicle models to include all
commercial vehicles and cars of GAC, ZNA, Dongfeng (DFAC) and
JMC brands.
The company holds its brands in very high esteem and makes very
conscious investments behind the master brand and a focused
communication investment in the value proposition packages.
