QSR Revenue Assurance Associate 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: QSR Revenue Assurance Associate

Requisition ID: 942
Location: Lagos
Grade Level: Associate
Department: Finance Department
Reports to (Title): Treasury Manager  

Job Purpose

• To keeps track of a company's revenue whilst sourcing for ways to improve it.

Core Responsibilities and Key Result Areas

• Cash Asset Monitoring
• Ensure daily verification reports of lodgements made into the company account by stores across the country
• Prepare daily sales analysis report
• Verify daily cash sales banked by stores to ensure it reflects in the bank statement and
• Balance records of company revenue on a monthly basis
• Ensure cash banked agrees to sales and all variances owing to expense deductions from sales are reconciled.
• Review financial records and activities of various departments

Reporting & Recommendation:

• Prepare monthly report of Turnover analysis
• Daily verification reports
• Monthly turnover reconciliation reports
• Prepare expense journal and upload to P & L account on oracle on  a monthly basis
• Prepare revenue reports on a regular basis as outlined by management
• Prepare monthly revenue forecast and break approved budget/forecast into daily sales target across CR stores.
• Liaise with  Operations team   on revenue forecast

Key Performance Indicators:

• Accuracy of daily sales analysis report
• Timeliness of sales verification report
• Timeliness of monthly DSA

Knowledge Requirements:

• Knowledge of Basic Bookkeeping and accounting receivables principles
• Knowledge of General accounting principles
• Knowledge of managing accounting figures and financial records
• Demonstrates data entry skills with a knack for numbers
• Knowledge of accounting software

Job Specifications

• A good First Degree in Accounting or Finance
• Membership of ICAN, ACCA, or any other related professional degree is an added advantage
• Minimum of 3- 4  years’ experience in a similar role is required

Decision Expectations:

• Recommend ways in which the company can adapt favorably to new and current economic conditions
• Recommend new strategies to maximize company revenue
• Review financial records and activities of various departments

Application Closing Date
Not Specified.