Head of Finance at Clement Ashley Consulting

Clement Ashley Consulting - Our Client, an Investor who wants to start a chain of supermarkets in one territory and expand nationally, is currently recruiting to fill the position below:

Job Title: Head of Finance

Ref No: HOF 2017
Location: Lagos

Job Objective

• To provide relevant strategic performance, accounting, cost control, tax and other financial management information and leadership to meet the needs of the board, management, regulatory authorities and other recognized stakeholders.

Duties and Responsibilities

• Support the CEO in reporting to the board of directors and its three boards level committees.
• Drive the Strategic Planning and Budgetary Process including translating strategic objectives into Key Performance Indicators (KPI’s) and Key Risk Indicators (KRI’s) for all staff.
• Set operational objectives and goals for the units in the group and ensure achievement of set objectives by implementing balanced scorecard reporting
• Assist management in formulating business support policies that maximise the market value of the company and minimise its risk profile.
• Oversee all financial and accounting functions/ services in support of the operations including but not limited to:
  • Prepare monthly financial statements in line with IFRS
  • Review Trial Balance, Journals and Payment Vouchers
  • Prepare and review Stock/Inventory reconciliations
  • Prepare and review bank reconciliations
  • Undertake Tax Management and Planning
  • Checking and signing of advice's and funds transfer documents
  • Preparation of budget and monthly budgetary controls reports
  • Prepare monthly profitability reports and chair the meeting for monthly review of profitability and corrective action planning.
  • Prepare required returns for FIRS, LIRS, and NSITF etc.
  • Relate with Account and Tax Auditors for annual audits
  • Manage vendor payments as well as act as a signatory for business transactions and approve operating expenses within authorized limit
  • Manage the working capital of the company with special reference to creditors, inventory and debtors
  • Liaise with bankers, financiers and consultants as the need arises
  • Undertake treasury management by the development of investment proposals and advise the CEO on the best ways of investing surplus funds to grow the business in addition to capital resource planning
  • Ensure maximum efficiency and cost control in business administrative operations in order to minimise cost and maximise returns on investment
  • Ensure effective financial planning, accounting and cost control for the company
  • Prepare other ad-hoc reports as may be required
  • Contribute to customer needs identification and the development of new products to meet such needs
  • Establish performance objectives and targets for team members
  • Monitor and evaluate the performance of the department and of team members
  • Communicate with departmental staff on relevant business and corporate matters through regular meetings
  • Participate actively in Management Committee meetings and other management bodies
  • Provide on-the-job coaching for staff and ensure that other training needs of staff are identified and addressed
  • Prepare staff performance appraisals objectively and promptly
  • Perform other duties as assigned by the CEO

Requirements
Qualifications:

• B.Sc, B.A and MBA in Engineering, Finance or Business and Numerate related discipline.
• Professional Accounting qualification and / or Financial Analysis (ACA / ACCA / ACMA /CFA) is also required.

Experience:

• Candidate must have minimum of cumulative 10 years’ experience in a retail distribution or FMCG firm, at least 5 of which must be at Senior Managerial level.

The Person:

• Must not be more than 40 years of age, medically fit with lots of stamina as the job demands the ability to work 24 hours a day and 7 days a week, if need be.
• Excellent spoken and written English is mandatory. Ability to understand English spoken with a foreign accent is necessary.

Skills & Attributes:

• Punctual,
• Must be Strategic Thinking/planning,
• Accounting,
• Audit and Business Analysis skills,
• Financial Management Skills,
• Advanced Computer Literacy,
• Skilled in the use of Microsoft Dynamics,
• Knowledge of the Balanced Scorecard as a Performance Management Tool,
• Interpersonal Skills,
• Communication Skills,
• Negotiation Skills, Managerial and Leadership skills,
• Training/Coaching skills and Project Management Skills

Remuneration
Excellent Salary and Remuneration package between 5 million to 8 million NGN per annum.

Application Closing Date
22nd November, 2017.

Method of Application
Interested and qualified candidates should send a soft copy of Application, CV and Plan of Action by e-mail to: [email protected] and copy [email protected] with the "Job Reference and Your Name" in the subject bar of your email.

Note: Please call 08080642478 after completing the above if you do not receive an immediate auto-response with further instructions.