Financial Reporting Officer

The African Medical Centre of Excellence (AMCE) Abuja is a 500-bed specialty hospital offering world-class comprehensive diagnostics and treatment in oncology, cardiovascular, and haematological care, and general medical and surgical services, along with top notch research and education. The AMCE will provide exceptional care to people on the African continent, regardless of their financial means. Developed by the African Export-Import Bank (Afreximbank) in clinical partnership with King’s College Hospital NHS Foundation Trust., AMCE Abuja is the first of five centres planned for development in Africa.

We are recruiting to fill the position below:

Job Title: Financial Reporting Officer

Location: Abuja, Nigeria
Employment Type: Full Time

Job Objective

• The Financial Reporting Officer will support the preparation of accurate financial reports, ensure compliance with regulatory requirements, and assist in treasury functions such as cash management and financial risk mitigation.
• The role holder will provide insightful financial analysis, actively support internal and external audit processes, and contribute significantly to the overall integrity, transparency, and reliability of AMCE’s financial data.
• This position requires close collaboration with various finance team members and other departments to ensure robust financial control, accurate data capture, and effective reporting that supports strategic decision-making.

Key Accountabilities/Responsibilities
Financial Reporting & Compliance:

• Assist in preparing monthly, quarterly, and annual financial statements in compliance with IFRS.
• Ensure timely submission of financial reports to internal and external stakeholders.
• Reconcile general ledger accounts and resolve discrepancies.
• Support external audits by preparing documentation and responding to auditor inquiries.
• Maintain accurate records of financial transactions and ensure proper documentation.
• Monitor changes in accounting standards and assist in implementing updates.

Financial Analysis:

• Compile and analyze financial data to identify trends and variances.
• Prepare ad-hoc financial reports for management decision-making.
• Assist in budgeting and forecasting processes.
• Monitor key performance indicators (KPIs) and report on financial health
• Support cost-saving initiatives through data analysis.
• Assist in preparing presentations for senior leadership.

Internal Controls & Risk Management:

• Ensure adherence to internal control policies and procedures.
• Identify and report potential financial risks (e.g., fraud, liquidity risks).
• Support the implementation of risk mitigation strategies.
• Maintain documentation for audit trails.
• Recommend improvements to financial processes.

Data Management & Reporting:

• Collect and clean financial data from various sources.
• Assist in developing dashboards and visualizations for financial reports.
• Ensure data accuracy and integrity in financial systems.
• Support automation initiatives to reduce manual reporting tasks.
• Generate routine and ad-hoc reports for stakeholders.
• Maintain confidentiality of sensitive financial information.

Stakeholder Collaboration:

• Liaise with other departments (e.g., procurement, HR) to gather financial data.
• Communicate financial policies and procedures to non-finance staff.
• Support cross-functional projects requiring financial input.
• Provide training to staff on financial processes as needed.
• Maintain professional relationships with external partners (e.g., auditors, banks).

Process Improvement:

• Identify inefficiencies in financial processes and suggest improvements.
• Support the implementation of digital tools for financial reporting.
• Assist in streamlining payment and reconciliation processes.
• Document standard operating procedures (SOPs) for financial reporting.
• Participate in system upgrades or migrations.
• Track and report on process improvement outcomes.

Compliance & Documentation:

• Ensure all financial activities comply with hospital policies and regulations.
• Maintain organized records for audits and reviews.
• Assist in preparing compliance reports for regulatory bodies.
• Monitor changes in financial regulations and update procedures accordingly.
• Support the preparation of board and management reports.
• Ensure confidentiality and security of financial documents.

Qualifications

• Bachelor's Degree in Accounting, Finance, or a closely related field.
• Minimum of 5 years of relevant accounting and financial reporting experience.
• Full professional accounting qualification (e.g., ACCA - Association of Chartered Certified Accountants, CPA - Certified Public Accountant, ACA - Associate Chartered Accountant from ICAN/CIFA, or equivalent internationally recognized designation) is essential.
• Proven, hands-on experience in preparing IFRS-compliant (or relevant local GAAP-compliant) financial statements and related disclosures.
• In-depth, expert knowledge and practical application of International Financial Reporting Standards (IFRS) and/or relevant local Generally Accepted Accounting Principles (e.g., Nigerian GAAP, IPSAS if applicable).
• Strong and comprehensive understanding of general accounting principles, complex month-end and year-end close procedures, financial statement preparation, and consolidation techniques.
• Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, lookups, data modeling, charting, and linking spreadsheets, is absolutely critical for this role.
• Exceptional analytical, critical thinking, and problem-solving skills, combined with meticulous attention to detail, a high degree of accuracy, and a commitment to data integrity.
• Strong organizational, planning, and time management skills, with a proven ability to manage multiple complex tasks simultaneously, prioritize effectively, and consistently meet tight deadlines.
• Highly effective written and verbal communication skills, with a demonstrated ability to prepare clear, concise financial reports and present complex financial information logically and persuasively to both financial and non-financial audiences.
• Good interpersonal skills, enabling effective collaboration with colleagues across different departments, management levels, and with external parties like auditors.