Financial Controller

Job Description : FC NIGERIA 8-10 Years in a manufacturing set up, pref in the African region Summary: FC/FM is responsible for accounting, financial and management reporting of the Company’s operations in close collaboration with CFO and the Business Team.Manage day to day accounting, operational support, process controls, funds management, LC understanding and budgeting processes, risk management, ensuring the compliance of Company’s policies & procedures and applicable statutes for the profit centres. 1. Skill and Knowledge Good communicator, inclusive but no limited to good oral and written English with strong multicultural awareness. Excellent leadership skills capable of leading team and work with business head to provide complete understanding of the numbers & profitability direction of the business. Demonstrated experience as a business partner in driving controls, compliance and performance while improving the business processes to ease business operations. Expertise in process & cost accounting. High degree of analytical approach on Financials & Budgeting (Actuals vs. Budgets). Managing day to day tracking of key result areas, working capital requirements for the business. SAP and Advanced Excel & Power Point Skills & other office tools. 2. Job Scope / Impact: Meeting Critical Business Challenges & monitor daily business performance. Integrating Financial and Business Data. Provide insightful business information reports, with critical analysis, to business head to help achieve business targets & take meaningful business decisions. Drive cost cutting initiatives and create cost cutting culture in the product division. Gain Flexibility and Agility to work closely with business team, understand business operations. Good understanding of Commodity & Currency hedging requirements. 3. Financial Accounting Accounting policies’ compliance – ensuring accounting policies are in place & effectively adhered to for product division in line with IFRS requirements. Control & reconcile revenues, receivables, inventories, advances, and miscellaneous income, to make sure they are no abnormalities & reconciled with business teams. 4. Implements/Supervises Internal Controls: Own product data. Collaborate with the business teams & business heads and take responsibility for the collection and governance of financial and management reporting information for the product division. Assure relevance and completeness of business policies and procedures for the functional areas of the business. Initiate periodic updates of financial policies and procedures. Request audits that provide assurance of compliance with financial policies and procedures for product division. 5. Responsible for compiling: Weekly product reviews and reports Month close, MIS & reporting to corporate for product MIS 6. Reconciliations of product schedules M2M and BRM compilation for product division Implement automated system controls in SAP for smooth workflow across multi locations. Managing imports, Form M’s. LC’s and other regulatory requirements/covenants with banks & other external stake holders. 7. Financial Planning & Projections: Co-lead with the Business Head to prepare Annual Operating Plan (AOP) and provide insightful information on key value drivers. Issue the AOP calendar so that each location/ branch manager will prepare its annual comprehensive budget in a timely manner and present it to the Business Head for approval. Proactively advise Business Head on Risks & Opportunities (R&Os) to the attainment of the AOP (i.e. Latest Estimates, Outlooks) and working closely with business team to mitigate risks while realising opportunities. Prepare financial model & analyse financial feasibility of launch of new products or location that those decisions are in line with company’s business strategy with appropriate ROI’s. 8. Product MIS Reporting: Assure monthly MIS is generated with qualitative analysis within the deadlines & discussed with business head before submitting to Group CFO. Support CFO for year-end closing & preparation for annual audit. Analyse the financial information – PL, Balance sheet and M2M – to match it with expected product profitability. 8 to 12 years of work experience and out of which 4 to 5 years in managing the large trading / FMCG / Manufacturing business. Exposed to best practices and commodity accounting procedures/ trade practices, manufacturing experience, help business head to achieve sales & profit targets / outcomes while maintaining requisite internal controls, credit risk controls, position management, M2M Accounting, etc. Expert knowledgeable of IFRS along with its right application in finalizing Monthly, Quarterly & Annual Financial Statements. High degree of SAP knowledge and office tools understanding as well as their business implications Ample experience in leading and working across functions as a business partner while keeping the finance rigour and accountability Experience in coordinating with external (Big 4) & internal auditors of company, ensuring the proactive and progressive attainment of business objectives and providing support to get the corrective actions on the observations to business head.

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