Finance Manager at LVMH Group (Moet Hennessy)

LVMH Group, created in 1987, today comprises more than 75 exceptional Maisons, each of which creates high-quality products. It is the only group present in all five major sectors of the luxury market:  Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry and Selective Retailing. LVMH currently employs over 213,000 people across the world and reported sales of 86.2 billion euros in 2023.

We are recruiting to fill the position below:

Job Title: Finance Manager

Reference: MHADME00027
Location: Lagos
Job type: Full Time
Contract type: Permanent Job
Category: Finance

Job Description

• The Finance Manager is a trusted partner to the General Manager (GM), he/she will be tasked with the responsibility of overseeing the organization’s financial health by managing, controlling, and planning financial processes. 
• This includes tasks like budgeting, financial reporting, risk management, and advising senior management on financial strategy.
• Ensure compliance with financial regulations and contribute to the overall financial stability and success of the company.

Job Responsibilities
Finance Control:

• Ensure that local Legal Entity’s business transactions are recorded in accordance with both local and international financial and tax standards – as well as MH & LVMH Group policies and guidelines.
• Ensure timely production of local Financial Statements and Tax Returns in accordance with prevailing standards.
• Build and maintain relationships with external stakeholders (banks, insurance companies, government bodies, auditors, advisers, lawyers, business services providers).
• Ensure timely preparation and submission of Group reporting in accordance with IFRS.
• Cash Management – Review, Processing, Payment of local accounts payable.

Risk Management and Controls:

• Monitor operating procedures and controls in order to protect the company’s physical and financial assets, people, and reputation.
• Provide full transparency over control designs and effectiveness (“Erica”).
• Timely report issues, if any, to GM & MEA FD. Design and implement corrective actions.
• Coordinate internal and external audits/reviews.
• Warrant the effective and timely implementation of action plans arising from audits and internal control reviews.

A&P +  Funds to the Trade:

• Prepare a monthly reporting file to analyse and control invoices received from distributors.
• Follow up A&P budgets vs Actual and organize monthly meetings to empower marketing and market managers in building brand value and business growth.
• Coordinate POSM follow-up on budget side as well as supply chain.
• Identify risks & opportunities to optimise spending and forecasting.
• Prepare monthly and end of year accruals and manage invoicing in coordination with accounting department of Hennessy, MHCS and MH South Africa.

Overhead Costs:

• Lead OVH forecast processes (initial budget, revisions & landings) in coordination with HR, Market Managers and GM according to Moët Hennessy guidelines.
• Build monthly analyses by nature and cost center to ensure full understanding of variances in labour cost, travel expense and other overheads.
• Prepare quarterly and annual OVH report by department and nature.
• Provide monthly follow-up of T&E to be shared with each employee.
• Prepare monthly and end of year accruals in coordination with accounting department of Hennessy, MHCS and MH South Africa.
• Identify risks & opportunities to optimise spending and forecasting.

Administration:

• NAFDAC: Manage and Maintain Repository of all NAFDAC Certificates and work closely with external Agency for prompt renewal or registration of new certificates were required.
• IT Application: Manage and Maintain Repository of IT Tools working with Global, Regional and Local IT Consultants.
• Work with the local distributor to ensure adequate records of POSM and FoC inventories.
• Maintain a repository of Contracts with all MH NG Partners and Stakeholders.

Job Profile
Professional experience:

• Minimum 5 years of experience in business controlling and/or finance, preferably in the FMCG industry.
• Strong financial planning and analysis skills.
• Experience in generating process documentation and reports.
• Good business understanding.

Technical & management skills:

• Strong knowledge of Excel (macro, programming), PowerPoint, and multi-dimensional tools (ESSBASE, EOS, Microsoft database type) is necessary.
• Personal & interpersonal skills:
• Excellent analytical, mathematical, and creative problem-solving skills.
• Integrity and rigor are a must, as well as proactivity and team spirit.
• Excellent listening, interpersonal, written, and oral communication skills.
• Logical and efficient, with keen attention to detail.
• Highly self-motivated and directed.
• Ability to effectively prioritize and execute tasks while under pressure.
• Strong customer service orientation.
• Able to exercise independent judgment and act on it.
• Experience working in a team-oriented, collaborative environment.
• Comfort with ambiguous, ever-changing situations.

Languages:

• English fluent, French as a plus

Application Closing Date
Not Specified.

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