Jobs Details


Finance Manager
 8 years


Job Description : FINANCE MANAGER NIGERIA a leading FMCG and personal care product manufacturing company and part of a prominent Indian conglomerate, is seeking to hire a Finance Manager to be based in Lagos, Nigeria. The role reports into the Finance Head based in Nigeria. Prepare annual budgets, including sales budgeting (volume and value), material costs, capital expenditure, working capital requirements, cash flow, and overhead expenses, in coordination with various departments. Conduct factory visits to monitor gate control, GRN processes, stock movement, scrap processes, open PO closure, and GRIR reviews. Ensure all expenses and POs are approved as per the Delegation of Authority Matrix (DOA) with supporting documents. Submit monthly MIS reports for West Africa Business to the parent company for consolidation, including balance sheets, profit & loss accounts, cash flow statements, and working capital schedules as per AS 21. Prepare monthly forecasts for P&L, cash flow, and GC working. Manage working capital and funds. Provide support to cross-functional departments in day-to-day work. Review and process payroll, prepaid and amortization schedules, and gratuity and leave encashment workings. Handle tax compliance (VAT and WHT) and regulatory compliance reporting; manage taxation (LIRS and FIRS). Monitor inventory and SLOB provision working as per SOP. Review accounts receivable and payable, follow up on payments, and balance confirmations. Handle scrap and sales billing for domestic and export sales. Review MIRO documents, expense claims, and ensure approvals and supporting documents are in place. Conduct monthly trial balance reviews with Group CFO on MIS. Revaluate inventory as per exchange rate changes. Review material price variances, sales & GC variances, total delivery cost (TDC), and provide insights. Analyze costs of existing products and contribution analysis of new products; conduct costing for NPD products and value chain & pricing for new customers. Oversee physical verification of inventory and fixed assets. Assist internal and external auditors to ensure timely submission of reports and address audit queries. Drive COGS savings initiatives to control inflation. Deal with distributors to settle monthly Ad-Pro claims, trade schemes, and QPS; communicate product price increases, manage credit limits, update BG, and follow up on payments. Experience working in the FMCG industry. 8+ years of experience in accounting, taxation, and treasury. SAP experience is a must. Qualified Chartered Accountant (CA). Strong stakeholder management skills in a challenging environment. Excellent communication and presentation skills. Willingness to work extra hours to ensure timely closure of MIS.

 Country : Nigeria
 
Posted on : 09-07-2024

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