Budget Manager at Food Concepts Plc

Food Concepts commenced operations in 2001. From inception, our aim has been clear-cut and focused: to revolutionize the food sector in West Africa and to deliver extraordinary satisfaction to our stakeholders.

Since launching in 2004, Chicken Republic (Subsidiary of Food concepts) has already opened 55 stores in Nigeria and Ghana. On this basis, we are proud of the brand’s hard-earned reputation as the fastest growing chicken QSR in West Africa and the number 1 chicken QSR in Nigeria (both in revenues and number of outlets). In addition, Chicken Republic was ranked as one of Nigeria’s top 20 brands across all categories (Financial Standards Awards 2009).

We are recruiting to fill the position below:

Job Title: Budget Manager

Requisition ID: 1604
Location: Lagos
Employment Type: Full time

Job Purpose

• The Budget Manager is responsible for budget preparation and control throughout the financial cycle within the Group.
• This includes examining and analysing budgeting and accounting reports for the purpose of maintaining expenditure controls.

Core Responsibilities and Key Result Areas
Budgeting:

• Assist in designing and implementing effective budgeting policies and procedures.
• Designing effective budget models for various departments and the entire Company.
• Analyzing financial information (such as revenues, expenditures and cash management) to ensure all operations are within budget.
• Identifying and reporting of variances between actual and budgeted financial results.
• Flagging and analyzing potential financial and budgeting risks.
• Review budget requests for approval.
• Suggest spending improvements to increase revenue and profits.
• Ensuring department managers meet budget submission deadlines.
• Identify variances between actual and budgeted financial results at the end of each reporting period and recommend corrective plans for each budget holder.
• Perform periodic and future forecasts.

Financial Analysis:

• Perform market and competitive research, data mining, business intelligence and valuations.
• Provide support in planning, appraisal and analysis.

Key Performance Indicators

• Timely provision of the financial models necessary to support business strategies
• Timely provision of analytical and analysis reports
• Timely preparation of the weekly Budget Report on OPEX, CAPEX and Capital Budgets.

Requirements

• Bachelor’s Degree in Accounting/Finance or related field
• Membership of the ACCA, ACA or any other related professional qualification is required.
• Minimum of 4-6 years experience as budget controller/analyst, or similar role.
• Experience in a QSR company in a similar role is an asset

Decision Expectations:

• Acts on defined procedures and decisions
• Enforces agreed decisions
• Conduct cost/benefit and other types of analysis
• Explain and defend recommendations to management and stakeholders.

Knowledge Requirements:

• Demonstrates good research, quantitative, and analytical skills
• Excellent attention to detail
• Competent in software programs such as Microsoft Office, Excel and PowerPoint
• Highest standards of accuracy and precision; highly organized
• Demonstrates commercial and economic awareness, including an awareness of global economic factors that can influence the Food & Beverage and QSR industry
• Ability to think creatively, highly driven and self-motivated
• Knowledge of written and verbal communication skills.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online