• Application Deadline: Thu, 22 Sep 2022 00:00:00 GMT
• Position: Finance Manager


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 8 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

General Accounting:

• Responsible for AR, AP, Treasury, Asset and Inventory Management, Financial Reporting and Performance Management, Tax and external audit liaison.


• Oversee financial and accounting processes to ensure compliance with Corporate and local policies, statutory requirements and IFRS. Maintain ethical standards with unyielding integrity.


• Serve as the primary contact with independent auditors and audit-related accounting matters.


• Manage administration of accounts receivable, accounts payable, inventory control accounting and payroll.


• Oversee month end close process to ensure timely closure and financial reports preparation.

Budgetary Function:

• Preparation of annual budgets - Profit & Loss, Cash Flow & Balance Sheet.


• Analyze and report variances - Propose and implement remedial action.


• Estimate the requirement of funds - short term and long term.

Financial Management Reporting and Cost Control Function:

• Implement financial controls and develop financial management mechanisms to minimize financial risk. Maintain a documented system of accounting policies and procedures.


• Manage the company's financial reporting systems.


• Produce accurate financial reports to specific deadlines including: i. Monthly management accounts


• Flash reports


• Working capital


• Board & Investor Packs


• Analyze, interpret and report operating results and make specific recommendations to achieve cost effectiveness and profit improvements.


• Provide gross profit reporting, analyses, and forecasting.


• Anticipate management needs and develop analyses in response to those needs and in support of management decisions.

Balance Sheet and Assets Management Function:

• Work with operating personnel to achieve effective balance sheet and assets management.


• Oversee development and carrying-out of inventory control procedures, including physical stock-take and audit.


• Account for and maintain proper inventory reserves for Excess, Expired and Obsolete Inventory.


• Review assets register to keep track of and safeguard company assets.

Cash Flow Management & Control Function:

• Daily control of elements affecting working capital.


• Oversee operational cash management and cash flow forecasting.

Audit Function:

• Oversee preparation of financial accounts for auditing purposes.


• Oversee annual audits.


• Liaising with auditors to ensure that annual monitoring is carried out effectively.


• Conduct internal audits.

Control Function:

• Develop and implement accounting policies, procedures and internal controls in support of business processes and decisions.


• Ensure all activities comply with relevant Acts, legal demands, ethical standards, and the internal management policies.


• Review the preparation and submission of company statutory documents.

Qualifications

• First Degree in a relevant field (Accounting or Business Management)


• A Post-graduate Degree or MBA will be an added advantage.


• Strong commercial finance experience.


• Minimum of eight (8) years’ relevant work experience.


• Completed ACCA/ACA and any others


• Previous experience as a Finance Manager in Beverage/FMCG industry is an added advantage


• Outstanding oral and written communication skills.


• Demonstrated ability to evaluate and balance team and individual workloads.


• Negotiation skills, analytical skills and ability to multitask


• Excellent Communication Skills and and Team player.