Finance Manager of an FMCG company who will be responsible for providing strategic leadership in financial planning, analysis, and management to optimize the company’s profitability and ensure sustainable growth.
The FM will oversee all financial operations, including budgeting, forecasting, accounting, tax planning, and financial reporting, while supporting the company’s overall business strategy in a competitive and rapidly changing consumer goods market.
Key Responsibilities
Develop and implement the company’s financial strategy to support business growth and market expansion.
Advise the executive team on financial performance, business risks, and opportunities for cost efficiencies.
Lead the budgeting, forecasting, and long-term financial planning processes.
Monitor financial performance, analyze trends, and provide actionable insights to enhance profitability and operational efficiency.
Oversee and analyze cost control measures across the supply chain, production, and logistics functions.
Implement cost-reduction initiatives without compromising brand positioning and market share.
Work closely with supply chain and operations teams to optimize inventory levels, reduce waste, and improve turnover rates.
Use data analytics to forecast demand and optimize production planning to minimize stock-outs or excess inventory.
Monitor key performance metrics such as revenue growth, market share, and profitability by product line and region.
Implement financial risk management strategies to mitigate exposure to currency fluctuations, commodity price volatility, and credit risks.
Ensure that the company has a robust system of internal controls to protect against fraud, financial misreporting, and operational risks
Coordinate with external auditors and regulatory bodies for annual audits, tax filings, and financial reporting.
Build and maintain strong relationships with key stakeholders, including investors, regulators, banks, and suppliers.
Requirements
Bachelor's Degree in Finance, Accounting, Economics, or a related field. An MBA, CPA, or CFA qualification is strongly preferred.
Minimum of 10-15 years of progressive financial management experience, with at least 5 years in a CFO or senior finance leadership role, ideally within an FMCG or consumer goods company.
In-depth understanding of the FMCG sector, including supply chain dynamics, consumer behavior, pricing strategies, and market competition.
Strong knowledge of IFRS/GAAP financial reporting and internal control.
Skills:
Strong financial acumen and proficiency in financial analysis, forecasting, and cost management.
Experience in managing global supply chains, inventory, and production cost structures.
Excellent leadership and people management skills, with a proven track record of building and leading high-performing finance teams.
Strong communication and presentation skills for dealing with senior executives, board members, and investors.
Key Competencies:
Analytical Skills: Ability to analyze complex financial data and identify trends to guide strategic decision-making.
Cost Management: Expertise in optimizing production, supply chain, and inventory costs to improve profitability.
Commercial Acumen: Strong understanding of the consumer goods market and the ability to align financial strategies with business needs.
Problem Solving: Capability to develop innovative solutions for managing financial risks, improving efficiencies, and addressing market challenges.
Salary
N400,000 - N500,000 / month.
Application Closing Date
30th September, 2024.
How to Applyy
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.