• Application Deadline: Fri, 19 Jan 2024 00:00:00 GMT
• Position: Financial Controller


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 10 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description 

• We are looking for a Financial Controller who will be key in driving the success and direction of the business, responsible for partnering with key operational stakeholders to influence decision-making through financial reporting, analysis, and financial modelling.


• The focus of this role is to support the company to meet its financial objectives through planning, evaluating, and delivering strategic projects and supporting commercial decision-making.


• S/he will be required to provide finance leadership when supporting key strategic priorities and providing in-depth financial advice and assurance

Key Responsibilities

• Directly responsible for financial planning and analysis, forecasting, budgeting, and internal control across the business.


• Responsible for financial reporting to management and compliant with statutory regulations.


• Prepare timely and accurate financial statements, ensuring compliance with accounting principles and regulatory requirements.


• Conduct regular financial analysis and present reports to the executive team.


• Preparing month-end reports for management, including profit and loss statements, balance sheets, and cash flow statements


• Recommending changes in policies or procedures that will improve financial performance to ensure the company's financial health by overseeing all financial planning and analysis activities.


• Develop and manage the annual budgeting process, collaborating with department heads to establish financial goals.


• Provide insightful forecasts and variance analysis to support business planning and decision-making.


• Conduct periodic internal audits to assess compliance and identify areas for improvement.


• Monitor and manage cash flow, providing recommendations for optimizing working capital.


• Collaborate with treasury functions to ensure adequate liquidity for operational needs.


• Liaise with auditors/tax consultants and external auditors (FIRS/LIRS etc.) on various audit activities and maintain a good relationship with the relevant stakeholders.


• Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.


• Take ownership of the periodic inventory count and ensure differences in stock are accurately reported to management and reflected in the accounting software.


• Oversee the monthly creation of financial metrics across the various departments and regions, and working closely with each location to achieve set targets.


• Assist the Head of Finance in preparing financial reports to executive management.


• Perform any other duties as assigned by the Head of Finance


• Lead and mentor the finance team, fostering a culture of excellence and continuous improvement.


• Provide guidance on career development and performance management.

Job Requirements

• Bacherlor's Degree in finance, Accounting, or related field.


• Professional accounting qualification such as ICAN orACCA,


• CFA, CIMA, MBA is an added advantage.


• Minimum of 10 years’ experience in Finance and Accounting.


• Proven experience as a Financial Controller or in a similar leadership role within the retail industry.


• Retail experience and strong knowledge of merchandising, inventory, wholesale management etc.


• Strong knowledge of financial reporting standards, tax regulations, and retail accounting practices.


• Advanced proficiency in financial management software and Microsoft Excel.


• Excellentanalytical and strategic thinking skills.

Skill Specifications:

• Impressive financial and accounting knowledge, including understanding of finance best practices and IFRS.


• Leadership and team management skills.


• Excellent financial modelling skills and business case development.


• Strong communication and interpersonal abilities.


• Detail-oriented with focus on accuracy and compliance.


• Ability to provide strategic financial insights to support business objectives.


• Prior experience of design and deployment of financial accounting and control processes.