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

Purpose of the Job

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

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

Qualifications

• B.Sc / HND in Finance or related course.
• Professional certification (ICAN, ACCA) is an added advantage.

Experience:

• 7-10 years related experience working in an FCMG sector.
• Have experience with accounting software and data entry.