Finance Manager at LATC Group

LATC is a proprietary investment firm committed to delivering strategic, high - quality services across multiple sectors such as Agriculture, Marine Logistics, Retail Franchising and Real Estate. Our mission is to create lasting impact in the communities where w e operate by building socially responsible businesses that are partners of choice in their industries.

LATC has secured a strategic retail partnership to represent a premium consumer electronics brand in Nigeria. As part of this partnership, LATC will establish flagship physical and online stores that serve as the definitive expression of the brand in the Nigerian market, offering authentic products and the brand's signature customer experience.

We are recruiting to fill the position below:

Job Title: Finance Manager

Location: Lagos

Job Objective

• The Finance Manager is the financial steward and business intelligence driver, ensuring accurate reporting, cash flow health, and profitability.
• This role monitors margins, expenses, and working capital, while providing timely insights to support data - driv en decisions across the business.
• Ultimately, it bridges operations and finance to keep the business profitable, compliant, and financially disciplined.

Roles and Responsibilities
Financial Reporting & Compliance (Stewardship):

• Own end - to- end financial reporting, including monthly management accounts, quarterly reviews, annual statutory statements, and brand principal reporting.
• Ensure 100% compliance with Nigerian GAAP/IFRS, tax regulations (CIT, VAT, WHT, PAYE), CAC requirements, and brand principal financial controls and audit requirements.
• Manage external audits to deliver clean opinions and maintain audit - ready books year - round.

Profitability & Performance Management (Commercial Rigor):

• Monitor gross margins by category, SKU, and store, tracking risks from pricing, discounts, and shrinkage, and partnering with Buying & Merchandising to protect profitability.
• Control operating expenses, ensuring OPEX stays within budget, challenging non - essential spend, and optimizing cost structures as the business scales.
• Deliver store - level P&L insights, highlighting high - and low - performing locations and providing actionable recommendations to Retail Operations.
• Partner with Marketing on fund reconciliation and ROI analysis to maximize campaign efficiency.

Cash Flow & Working Capital Management (Liquidity):

• Forecast cash flow, anticipating inventory, CAPEX, store openings, and seasonal requirements to identify funding needs early.
• Optimize working capital, monitoring inventory, receivables, and payables, and partnering with Buying & Merchandising to improve inventory turns and supplier terms.
• Manage banking and treasury operations, ensuring liquidity, negotiating credit facilities, and mitigating FX exposure through hedging strategies.

Budgeting & Financial Planning (Forward - Looking Stewardship):

• Lead the annual budgeting process, coordinating with all departments, challenging assumptions, and delivering consolidated budgets and rolling forecasts.
• Develop financial models for new store business cases, pricing/promotional strategies, and investment scenario analysis.
• Conduct monthly variance analysis, comparing actuals to budget and providing clear, actionable insights to leadership.

Internal Controls & Risk Management (Governance):

• Design and enforce financial controls across cash handling, procurement, payments, expenses, and segregation of duties.
• Identify and mitigate financial risks, including fraud, revenue leakage, pricing/discount errors, and regulatory compliance breaches.
• Conduct regular financial audits of stores, processes, and transactions to ensure governance and accountability.

Business Intelligence & Data Analytics:

• Develop financial dashboards and KPIs tracking revenue trends, margins, OPEX, working capital, and cash flow.
• Provide actionable insights to guide strategic and operational decisions, not just numbers.
• Partner with operations to translate financial data into performance improvement actions.

Cross - Functional Partnership & Commercial Support (Business Enabler):

• Retail Operations: Provide store - level P&L, performance metrics, and financial support for operational decisions, including inventory shrinkage and cash compliance.
• Buying & Merchandising: Report inventory valuation, working capital, and margin performance; forecast cash requirements for inventory.
• Marketing & Branding: Reconcile marketing funds, track compliance, analyze campaign ROI, and support pricing/promotional strategies.
• HR: Ensure accurate payroll, monitor headcount costs, and support compensation and benefits planning.

Team Leadership & Capability Building (Finance Excellence)

• Build and lead a high - performing Finance Team.
• Develop SOPs and process documentation covering month - end close, reporting, controls, and audit preparation.
• Foster a culture of accuracy, integrity, and commercial partnership, coaching the team on business acumen and stakeholder engagement.

Reporting Relationships
Internal Interfaces:

• Reports to:
  • Chief Executive Officer
• Direct Reports:
  • Accounts Officer
  • Finance Analyst
  • Affordability Lead
• Other Internal Relationships:
  • Finance
  • Buying & Merchandizing
  • Retail Operations

External Interfaces:

• External Auditors
• Banks
• Tax Authorities
• Brand Principal Finance Team
• Value - Added Distributor
• Finance Team

Requirements
Educational Qualification:

• Bachelor’s degree in Accounting, Finance, Economics, Business Administration or other numerate disciplines
• Professional Certifications (Required) – ACA (Associate Chartered Accountant - ICAN), ACCA
• (Association of Chartered Certified Accountants), CPA (Certified Public Accountant).
• CFA (Chartered Financial Analyst) – added advantage

Experience (What You Have Done):

• 8–12+ years in finance leadership, ideally in retail or multi - site operations.
• Expertise in Retail finance (electronics, fashion, FMCG, hospitality), high - growth environments, greenfield/early - stage finance infrastructure, working capital management, and multi - store P&L oversight.
• Proven track record of delivering clean audits, building finance functions from scratch or early stage, maintaining strong financial controls, managing cash flow and working capital, and partnering with non- finance leaders to drive business performance.

Knowledge (What You Must Know):

• Nigerian GAAP / IFRS accounting standards and best practices
• Nigerian tax regulations (CIT, VAT, WHT, PAYE) and compliance requirements
• Retail finance dynamics (inventory accounting, shrinkage, multi - store P&L)
• Working capital management and cash flow forecasting techniques
• Internal controls and fraud prevention best practices
• Financial modeling and budgeting methodologies
• ERP/accounting systems and financial reporting tools

Skills (What You Must Be Able to Do):

• Financial Stewardship: Maintain accurate books, deliver timely reports, ensure audit readiness
• Commercial Judgment: Protect profitability and margins while supporting growth
• Cash Flow Management: Forecast accurately, optimize working capital, maintain liquidity
• Business Partnering: Translate financial data into actionable insights for non - finance leaders
• Controls & Risk Management: Design and enforce internal controls that prevent fraud and errors
• Team Leadership: Build, coach, and inspire high - performing finance professionals

Abilities (How You Think & Operate):

• Ability to balance stewardship with business enablement
• High attention to detail and accuracy
• Strong commercial acumen - understands retail business drivers
• Comfortable with ambiguity and rapid change in high - growth environments
• Results - oriented mindset - financial discipline drives business sustainability
• Willingness to be hands - on when necessary - not just delegating but doing

Application Closing Date
Not Specified.

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