Budget Controller (Corporate Head Office) at Flour Mills Of Nigeria Plc.

SammyOctober 13, 20230116 views

PURPOSE

The budget controller will be responsible for managing and overseeing FMN’s Group financial planning and budgeting processes.

THE JOB

Conducting financial analysis to identify trends, variances, and potential cost- saving opportunities.
Ensuring CHO costs are initiated according to company policy and department budget, recorded correctly, and reviewed against LE and budget targets.
Working closely with the CHO budget holder as well as conducting monthly reviews to ensure variances are identified and corrected in order to meet yearly objectives.
Conducting monthly reviews of group projects to ensure budget adherence and proper P&L cost/intangible asset capitalization.
Analyzing the Group’s indirect costs to ensure a thorough understanding of cost drivers and the identification of business units that are above budget.
Assisting with the consolidation of cost-saving initiatives across the group by reviewing and analyzing actuals versus targets and working closely with the Procurement team to identify, cost, and begin cost-saving projects.
Collaborating with department heads and other stakeholders to gather budget input and ensure alignment with the Groups goal

THE PERSON MUST

Have effective communication and interpersonal skills.
Have proficiency in financial analysis techniques to evaluate data, identify trends and make informed decisions based on financial insights.
Have strong understanding of budgeting principles and techniques, including creating, monitoring and adjusting budgets as needed.
Have proficiency in using financial software and tools to collect, organize and analyze financial data.
Have meticulous attention to detail when preparing budgets, monitoring expenses, and conducting financial analysis

QUALIFICATION

EXPERIENCE

How to Apply