Job Description
General Accounting:
- Provide finance leadership and oversee financial and accounting processes to ensure compliance with Corporate and local policies, statutory requirements and IFRS. Maintain ethical standards with unyielding integrity.
- Lead the smooth implementation of the company’s financial solutions and applications including SAP
- Serve as the primary contact with independent auditors and audit-related accounting matters.
- Manage administration of accounts receivable, accounts payable, inventory control accounting and payroll.
- Oversee month end close process to ensure timely closure and financial reports preparation.
Budgetary Function:
- Preparation of annual budgets – Profit & Loss, Cash Flow & Balance Sheet.
- Analyze and report variances – Propose and implement remedial action.
- Estimate the requirement of funds – short term and long term.
Financial Management Reporting and Cost Control Function:
- Implement financial controls and develop financial management mechanisms to minimize financial risk. Maintain a documented system of accounting policies and procedures.
- Manage the company’s financial reporting systems.
Produce accurate financial reports to specific deadlines including:
- Monthly management accounts
- Flash reports
- Working capital
- Board & Investor Packs
- Analyze, interpret and report operating results and make specific recommendations to achieve cost effectiveness and profit improvements.
- Provide gross profit reporting, analyses, and forecasting.
- Anticipate management needs and develop analyses in response to those needs and in support of management decisions.
Balance Sheet and Assets Management Function:
- Work with operating personnel to achieve effective balance sheet and assets management.
- Oversee development and carrying-out of inventory control procedures, including physical stock-take and audit.
- Account for and maintain proper inventory reserves for Excess, Expired and Obsolete Inventory.
- Review assets register to keep track of and safeguard company assets.
Cash Flow Management & Control Function:
- Daily control of elements affecting working capital.
- Oversee operational cash management and cash flow forecasting.
Audit Function:
- Oversee preparation of financial accounts for auditing purposes.
- Oversee annual audits.
- Liaising with auditors to ensure that annual monitoring is carried out effectively.
- Conduct internal audits.
Control Function:
- Develop and implement accounting policies, procedures and internal controls in support of business processes and decisions.
- Ensure all activities comply with relevant Acts, legal demands, ethical standards, and the internal management policies.
- Review the preparation and submission of company statutory documents
Job Requirements
- First Degree in a relevant field (Accounting / Business Management)
- A Postgraduate Degree or MBA is mandatory.
- ACA / ACCA / FCA is mandatory
- Strong commercial finance experience.
- Minimum of ten (10) years relevant work experience including 4 years in senior leadership position.
- Previous experience as a Financial Controller in Beverage/FMCG industry is essential.
- Strong understanding and proficient use of SAP is essential
- Excellent knowledge of industry and finance best practices
- Excellent financial modelling skills
- Outstanding oral and written communication skills.
- Demonstrated ability to evaluate and balance team and individual workloads.
- Negotiation skills, analytical skills and ability to multitask.
- Must be able to coach finance team.
- Very hands-on with excellent leadership skill.
How to Apply
Interested and qualified? Go to Frutta Foods and Services Nigeria Limited on jobs.smartrecruiters.com to apply