Posted on Wed 03rd May, 2023 - hotnigerianjobs.com --- (0 comments)
Fadac Resources and Services Limited - Our client is an indigenous private sector player with 3 decades of experience in Nigeria. They are into manufacturing, FMCG, and integrated agricultural value chain group With five Subsidiaries (Agrosciences, Lifecare, Agro-Allied, Gossy Warm Spring, and Oil Palm) and two Joint Ventures.
They are recruiting to fill the position below:
Job Title: Financial Controller
Location: Lagos
Employment Type: Full-time
Job Responsibilities
Business Planning and Financial Strategy:
Financial Controller is responsible for the assessment of the group performance against both the annual budget (in line with the levers of control) and the Group approved Plan.
The Financial Controller is responsible for ensuring that all foreign currency payments are made in accordance with contracted terms and budgeted exchange rates.
Responsible for periodic Macro-Economic Analysis to help review the Group’s strategic assumptions and advice on redress measures where necessary.
Develops tools and systems to provide critical financial and operational information to the Finance Team and provides actionable recommendations on both strategy and operations.
Financial Control and Risk management:
Identify risks and possible bottlenecks in the Group Operations and report on possible impact on all aspects of operations.
Ensure there is strict adherence to all procedures and policies in daily activities.
Manage open positions arising from foreign currency transactions and ensure that limits set are adhered to.
Cash Flow Management:
Manage the Cash Flow Planning Process and report actual cash flow performance. Identify possible funding gaps and advise on funding sources.
Optimize and Manage banking relationship especially on effective management of any Loa
Execute appropriate strategies to monitor and control all financial activities that critical to timely completion of the group
Financial Reporting and General Administration:
Responsible for the seamless and real-time running of the financial reporting processes to aid the speed of service delivery to both internal and external parties. Provide real-time and reconciled, accurate financial information by 3rd day after month-end. Report the actual financial Performance and compare it with the Control Levers.
Manage any financial interface for the Group and ensure proper accounting records exist to validate transactions and balances.
Insurance and Tax Affairs:
Manage the group’s Insurance Portfolio well to ensure that all identified insurable risks are duly covered by adequate insurance from reliable & credible Underwriters, premiums are promptly paid and that all insurance claims are promptly settled.
Ensure full compliance with all Federal, State and local government tax regimes and reporting requirements in all geographies where the business has a business presence. Ensure remittances are made on time and filing of returns are achieved within the stipulated time in the tax laws.
Manage the interface between the Group and Tax Consultants, Insurance brokers, Tax authorities and other statutory bodies involving the Group’s Finances
Manage the interface between the SBU and External Auditors, Tax Consultants, Insurance brokers, etc.
Perform all any other function as may be assigned by the Group Managing Director
Embody the Management Team leadership Qualities and promotion of Group’s values at all Time
Job Requirements
Bachelor's Degree in Accounting, Economics, Finance, or relevant field (Minimum of second class upper).
Applicant must have a Minimum of 8 years relevant experience in Financial Management and Controls
Must be a Chartered Accountant (ACCA or ACA).
An MBA or equivalent postgraduate management degree will be an advantage
Application Closing Date
30th June, 2023.
How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.