Financial Controller needed at Novella Africa
Job title : Financial Controller
Job Location : Lagos
Deadline : June 08, 2024
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Responsibilities
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 and 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
Requirements
- First degree in a relevant field (Accounting/Business Management)
- A post-graduate degree or MBA 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 the Beverage/FMCG industry is essential.
- Strong understanding and proficient use of SAP is essential
- Outstanding oral and written communication skills.
- Demonstrated ability to evaluate and balance team and individual workloads.
- Negotiation skills, analytical skills, and ability to multitask.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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