Budget Controller needed at IPI PowerTech

IPI PowerTech is a member of the IPT PowerTech group of companies that delivers specialized solutions to the power, industrial and telecom sectors in Africa, the Middle East and neighboring countries. Since our inception in 1993, we have grown into a leading power solutions company, combining power expertise with telecom infrastructure specialization.

We are recruiting to fill the position below:

Job Title: Budget Controller

Location: Lagos
Employment Type: Permanent

Job Description 

The Budget Controller will be required to:

• Have a thorough understanding of the company's budget and its chart of accounts
• Act as a cost controller for procurement activities prior to management signature of purchase orders by verifying if requested materials or services fall within the approved budget and under designated categories
• Verify all petty cash expenses spent and check the corresponding budget category for each paid expense
• Report any budget breaches or deviations in petty cash expenses to the CFO
• Post approved monthly budget on the company's ERP (Navision) and create a monthly comparison variation schedule to be submitted to the CFO
• Monitor and understand projects progress and advise for budget amendments if needed
• Act as an individual unit reporting to CFO & assist the Accounting department whenever requested to

Qualifications, Skills/Competences

• University Degree in Finance or Accounting
• Related professional qualifications
• IFRS Certifications required
• At least five (5) years of experience in mid to senior-level finance or accounting position
• Knowledge of finance, accounting, budgeting, and cost control principles
• Knowledge of automated financial and accounting reporting systems
• Ability to analyze financial data and prepare financial reports, statements and projections
• Working knowledge of short and long term budgeting and forecasting, rolling budgets, and product-line profitability analysis
• Professional written and verbal communication and interpersonal skills.
• Ability to motivate teams to produce quality materials within tight time frames and simultaneously manage several projects.