Management Accountant at Emmanuel Bakeries Limited

Emmanuel Bakeries Limited, established 11 years ago, stands as a prominent distributor in Kogi State, specializing in fast-moving consumer goods (FMCG) and non-consumable products. Renowned for its commitment to excellence and deep community engagement, Emmanuel Bakeries Ltd has built a sterling reputation for delivering quality service. With an extensive distribution network spanning the region, Emmanuel Bakeries Ltd has forged strategic partnerships with leading brands, ensuring a diverse range of high-quality products for its customers. The company's core mission revolves around facilitating seamless connections between consumers and businesses, driven by reliability, ethics, and social responsibility.

Emmanuel Bakeries Limited is dedicated to not only meeting but exceeding customer expectations while also actively contributing to the welfare of the community it serves. With a steadfast focus on customer satisfaction and a commitment to ethical business practices, Emmanuel Bakeries Ltd continues to thrive as a trusted name in distribution within Kogi State and beyond.

We are recruiting to fill the position below:

Job Title: Management Accountant

Location: Lokoja, Kogi

Objectives

• The Management Accountant will occupy a central role within Emmanuel Bakeries, directly supporting the company's strategic initiatives through detailed financial analysis, reporting, and forecasting.
• This role is designed to enhance financial transparency and accountability, streamline operations, and ultimately position Emmanuel Bakeries as an attractive opportunity for investors.

Key Responsibilities
Strategic Financial Management:

• Conduct comprehensive financial analysis to support strategic decision-making, identifying areas for financial improvement, investment opportunities, and cost management.
• Collaborate with senior management to craft financial strategies that align with Emmanuel Bakeries’ goals of expansion and investor engagement.

Investor-Ready Financial Reporting:

• Prepare detailed financial reports that meet investor standards, including profit and loss statements, balance sheets, and cash flow statements, ensuring accuracy and compliance with international financial reporting standards (IFRS).
• Develop and present financial metrics and KPIs that clearly communicate the company’s financial health and operational efficiency to prospective investors.

Budgeting, Forecasting, and Planning:

• Lead the budgeting process, setting comprehensive budgets that reflect the strategic direction of Emmanuel Bakeries.
• Perform regular financial forecasting, updating projections based on market trends and operational performance to guide management decisions.

Cost Analysis and Reduction:

• Implement rigorous cost analysis and reduction strategies to enhance profitability without compromising quality or service.
• Monitor and report on cost variances, identifying trends and recommending actions to senior management.

Compliance and Risk Management:

• Ensure full compliance with local and international financial and tax regulations.
• Proactively manage financial risk, including credit, market, and liquidity risks, developing strategies to mitigate these risks in alignment with company objectives.

Stakeholder Engagement and Reporting:

• Act as a key point of contact for financial matters with external stakeholders, including auditors, tax advisors, and potential investors.
• Prepare and deliver financial presentations for board meetings, investor briefings, and internal strategic reviews.

Qualifications

• Bachelor's Degree in Accounting, Finance, or related field; Master’s degree preferred.
• Professional accounting qualification (ACCA, CIMA, CPA) is required.
• A minimum of 5 years’ experience in a management accounting role within the FMCG sector, with a proven track record of preparing for and engaging with investors.
• Experience with financial modeling and analysis in preparation for mergers, acquisitions, or public offerings is highly advantageous.

SLA (Service Level Agreement):

• Reporting Accuracy & Compliance: Guarantee 100% accuracy in all financial reporting, adhering to IFRS and local financial regulations.
• Budgeting and Forecasting Precision: Deliver budget and forecasting reports with a maximum 5% deviation margin from actual figures.
• Cost Management: Achieve a year-on-year operational cost reduction of at least 5% through effective cost control measures.
• Investor Engagement: Produce and update investor decks and financial models quarterly, or as required by the business development team

Skills Required:

• Expertise in financial analysis, reporting, and forecasting with a keen eye for detail.
• Proficiency in financial software (e.g., SAP, Oracle, QuickBooks) and advanced Excel skills.
• Strong presentation skills, capable of conveying complex financial information in an understandable format to non-financial stakeholders.
• Excellent communication, negotiation, and interpersonal skills for engaging with internal teams and external investors.
• Strategic thinker with the ability to operate both in detail and with a broad, long-term perspective.

Application Closing Date
31st March, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.

Note

• Emmanuel Bakeries Limited is an equal opportunity employer and encourages candidates from diverse backgrounds to apply.
• We appreciate all applications; however, only shortlisted candidates will be contacted.