Head, Accounts & Finance at Distritech Distribution Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
8 days ago

Additional Details

Job ID
154695
Job Views
25

Job Description






Role Summary




  • The Head, Accounts & Finance is responsible for providing strategic financial leadership, ensuring financial integrity, operational efficiency, and sustainable profitability across Bukka Hut’s multi-outlet operations.

  • The role drives financial planning, cost optimization, compliance, and performance analytics to support business growth, expansion, and operational excellence.



Key Responsibilities

Financial Strategy & Leadership:




  • Develop and execute the company’s financial strategy aligned with corporate growth objectives.

  • Serve as a strategic advisor to the CEO and executive team on financial planning, investments, and risk management.

  • Lead long-term financial forecasting, scenario planning, and capital allocation decisions.

  • Drive financial sustainability and profitability across all business units.



Financial Planning, Budgeting & Control:




  • Lead the annual budgeting process and periodic financial forecasts.

  • Monitor budgetary compliance across all departments and outlets.

  • Implement cost-control measures to optimize operational efficiency and improve margins.

  • Track and report key financial KPIs (e.g., cost ratios, revenue growth, profitability).



Financial Reporting & Performance Management:




  • Oversee preparation of accurate and timely financial statements (P&L, Balance Sheet, Cash Flow).

  • Provide monthly, quarterly, and annual financial performance reports with actionable insights.

  • Establish financial dashboards to track outlet-level and corporate performance.

  • Drive data-driven decision-making through financial analytics.



Treasury & Cash Flow Management:




  • Manage cash flow, liquidity, and working capital to ensure business continuity.

  • Optimize cash utilization across outlets and central operations.

  • Oversee banking relationships, financing arrangements, and investment activities.



Cost Management & Operational Efficiency:




  • Drive cost optimization initiatives across procurement, logistics, and operations.

  • Monitor food cost, labour cost, and overhead expenses against benchmarks.

  • Partner with Operations to improve unit economics and outlet profitability.

  • Ensure inventory controls and minimize wastage, shrinkage, and variances.



Compliance, Audit & Risk Management:




  • Ensure full compliance with financial regulations, tax laws, and statutory requirements.

  • Lead internal and external audit processes and ensure timely resolution of audit findings.

  • Establish robust internal controls to safeguard company assets.

  • Manage financial risks, fraud prevention, and governance frameworks.



Payroll & Financial Operations Oversight:




  • Oversee payroll accuracy, timeliness, and compliance with company policies.

  • Ensure seamless financial operations including accounts payable, receivable, and reconciliations.

  • Drive automation and process improvements in financial systems.



Stakeholder Management & Reporting:




  • Present financial reports and insights to the Board and Executive Management.

  • Manage relationships with external stakeholders (auditors, tax authorities, banks).

  • Provide financial guidance to department heads and business unit leaders.



Team Leadership & Capability Development:




  • Lead, mentor, and develop the finance and accounts team.

  • Build a high-performance finance function with strong accountability and controls.

  • Drive continuous learning, process discipline, and operational excellence within the team.



Key Performance Indicators (KPIs)




  • Budgetary Compliance (Actual vs Budget)

  • Cost Savings Realized

  • EBITDA Margin / Profitability Growth

  • Cash Flow Efficiency & Liquidity Ratios

  • Financial Reporting Accuracy & Timeliness

  • Audit Compliance Score (Internal & External)

  • Payroll Accuracy (>99.5%)

  • Inventory Variance Reduction

  • Financial Process Compliance Rate (>95%)



Qualifications & Experience




  • Bachelor’s Degree in Accounting, Finance, or related field (MBA is an advantage).

  • Professional certification required (ICAN, ACCA, or equivalent).

  • Minimum of 10–12 years’ experience in finance, with at least 5 years in a senior leadership role.

  • Strong experience in QSR, FMCG, Retail, or multi-unit operations is highly preferred.



Core Competencies:




  • Strategic Thinking & Business Acumen

  • Financial Analysis & Modelling

  • Cost Optimization & Efficiency Management

  • Leadership & Team Development

  • Risk Management & Governance

  • Data-Driven Decision Making

  • High Integrity & Accountability



Success Profile:




  • The ideal candidate is a commercially savvy finance leader who combines strong financial discipline with operational insight.

  • They must be able to drive profitability, enforce controls, and partner with business leaders to scale Bukka Hut’s operations efficiently.



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