Finance Manager

MMT Consults is a dynamic Human Resource Consulting and General Services firm dedicated to delivering innovative, practical, and sustainable solutions that empower organizations to achieve excellence. We partner with businesses across diverse sectors to optimize their people, processes, and performance, ensuring growth, efficiency, and long-term success.

Job Position: Finance Manager

Job Location: Dopemu, Lagos
Employment Type: Full-time

Job Summary

1. The Finance Manager will oversee the financial operations of the filling station, ensuring accurate financial reporting, effective cash flow management, revenue accountability, cost control, tax compliance, and proper financial records.
2. The role covers all business operations, including the sales of Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), Compressed Natural Gas (CNG), CNG conversion services, the lubrication bay, and other station products and services.
3. The successful candidate will ensure that all revenue is properly accounted for, expenses are controlled, financial risks are minimised, and management receives timely financial information to support business decisions and profitability.

Job Responsibilities

1. Oversee the station’s daily financial operations and maintain accurate financial records.
2. Prepare daily, weekly, monthly, and annual financial reports.
3. Prepare income statements, balance sheets, cash flow statements, and management accounts.
4. Analyse revenue, expenses, gross margins, operating costs, and profitability across each business unit.
5. Prepare annual budgets and financial forecasts in line with business objectives.
6. Provide management with financial insights, trends, and recommendations to improve profitability.
7. Ensure proper documentation of all financial transactions.

Revenue Assurance and Sales Reconciliation:

1. Reconcile daily sales of PMS, AGO, CNG, lubricants, and other products and services against pump readings, meter readings, stock movements, and sales records.
2. Verify that all cash, POS, bank transfers, and other approved payment collections are accurately recorded and accounted for.
3. Review daily sales reports submitted by the Station Manager and other relevant personnel.
4. Monitor revenue collection, remittances, and bank deposits to ensure completeness and timeliness.
5. Investigate discrepancies between recorded sales, actual collections, and product stock balances.
6. Implement controls to prevent revenue leakages, fraud, unauthorised discounts, and misappropriation of funds.
7. Ensure that all outstanding customer payments and credit sales are properly monitored.

Inventory and Cost Control:

1. Work with the Station Manager to reconcile fuel purchases, product deliveries, dispensing volumes, stock balances, and sales revenue.
2. Monitor the financial value of PMS, AGO, CNG-related products, lubricants, conversion kits, spare parts, and other inventory.
3. Analyse product costs, selling prices, gross margins, and profitability.
4. Monitor fuel losses, stock variances, wastage, and other discrepancies and investigate unexplained differences.
5. Verify supplier invoices against approved purchase orders and delivery documentation before payment.
6. Monitor operating expenses and identify opportunities for cost savings.
7. Ensure proper accounting for inventory, equipment, and other company assets.

Cash Flow and Banking Management:

1. Monitor daily cash positions, bank balances, inflows, and outflows.
2. Prepare cash flow forecasts to ensure the availability of funds for operational needs.
3. Ensure timely banking and remittance of station collections.
4. Manage bank reconciliations and investigate outstanding or unexplained transactions.
5. Monitor payment obligations to suppliers, employees, contractors, and service providers.
6. Ensure that payments are properly authorised and supported by relevant documentation.
7. Maintain appropriate cash-handling controls and minimise the risk of cash losses.

Accounts Payable and Receivable:

1. Manage supplier accounts, invoices, payment schedules, and outstanding obligations.
2. Ensure that payments are made only against verified invoices and approved transactions.
3. Monitor customer credit accounts and ensure timely collection of outstanding debts.
4. Maintain accurate records of receivables and payables.
5. Reconcile supplier statements and resolve discrepancies.
6. Ensure that credit sales are made only within approved credit limits and company policies.

Tax and Statutory Compliance:

1. Ensure compliance with applicable Nigerian tax laws and financial reporting requirements.
2. Coordinate the preparation and filing of applicable tax returns and statutory payments.
3. Ensure proper documentation of VAT, withholding tax, company income tax, PAYE, and other applicable tax obligations.
4. Coordinate with external auditors, tax consultants, and regulatory authorities when required.
5. Maintain accurate records of statutory deductions, remittances, and tax filings.
6. Monitor changes in relevant tax and financial regulations and advise management accordingly.

Payroll and Staff Financial Administration:

1. Oversee payroll preparation and ensure that salaries, allowances, and approved deductions are accurately calculated.
2. Reconcile payroll records with staff attendance, approved overtime, and employee information.
3. Ensure timely payment of salaries and applicable statutory deductions.
4. Coordinate with HR to ensure accurate pension, tax, and other applicable employee-related remittances.
5. Maintain confidentiality of payroll information and other sensitive financial records.

Budgeting and Financial Planning:

1. Coordinate the preparation of annual budgets and periodic financial forecasts.
2. Monitor actual financial performance against approved budgets.
3. Investigate significant budget variances and recommend corrective actions.
4. Assess the financial implications of new projects, equipment purchases, station expansion, and operational improvements.
5. Provide financial analysis to support pricing, procurement, investment, and business growth decisions.

Internal Controls and Risk Management:

1. Establish and maintain effective financial controls and accounting procedures.
2. Ensure segregation of duties between sales collection, payment approval, transaction recording, and reconciliation.
3. Conduct periodic reviews of financial transactions and supporting documentation.
4. Identify and report suspected fraud, unauthorised transactions, financial irregularities, and control weaknesses.
5. Ensure that financial records are properly maintained and available for audit.
6. Recommend improvements to accounting systems, reporting processes, and financial controls.

Audit and Accounting Systems:

1. Coordinate internal and external audits and ensure timely provision of required financial records.
2. Maintain an organised filing system for invoices, receipts, bank statements, payment vouchers, and other accounting documents.
3. Ensure effective use of accounting software, spreadsheets, and financial reporting systems.
4. Review the accuracy and completeness of accounting entries and supporting schedules.
5. Follow up on audit findings and ensure implementation of agreed corrective actions.

Salary
N250,000 – N300,000 per month.

Application Deadline
19th October, 2026.

How to Apply
Interested candidates who meets the recruitment criteria should send their application to: mmtconsults@gmail.com using the position as subject of the mail