Finance Manager at Hartleys Supermarket & Stores

Posted on Tue 28th Dec, 2021 - www.hotnigerianjobs.com --- (0 comments)

Hartleys Supermarket and Stores - We deliver the ultimate shopping experience to our community by offering a wide variety of the freshest and quality products, with exceptional service.

We are recruiting to fill the position below:

Job Title: Finance Manager

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Description
General Accounting:

  • Oversee financial and accounting processes to ensure compliance with Corporate and local policies, statutory requirements and IFRS. Maintain ethical standards with unyielding integrity.
  • Serve as the primary contact with independent auditors and audit-related accounting matters.
  • Manage administration of accounts receivable, accounts payable, inventory control accounting and payroll.
  • Oversee month end close process to ensure timely closure and financial reports preparation.

Budgetary Function:

  • Preparation of annual budgets - Profit & Loss, Cash Flow & Balance Sheet.
  • Analyze and report variances - Propose and implement remedial action.
  • Estimate the requirement of funds - short term and long term.

Financial Management Reporting and Cost Control Function:

  • Implement financial controls and develop financial management mechanisms to minimize financial risk. Maintain a documented system of accounting policies and procedures.
  • Manage the company's financial reporting systems.
  • Produce accurate financial reports to specific deadlines including:
    • Monthly management accounts  
    • Flash reports  
    • Working capital
    • Board & Investor Packs
  • Analyze, interpret and report operating results and make specific recommendations to achieve cost effectiveness and profit improvements.
  • Provide gross profit reporting, analyses, and forecasting.
  • Anticipate management needs and develop analyses in response to those needs and in support of management decisions.

Balance Sheet and Assets Management Function:

  • Work with operating personnel to achieve effective balance sheet and assets management.
  • Oversee development and carrying-out of inventory control procedures, including physical stock-take and audit.
  • Account for and maintain proper inventory reserves for Excess, Expired and Obsolete Inventory.
  • Review assets register to keep track of and safeguard company assets.

Cash Flow Management & Control Function:

  •  Daily control of elements affecting working capital.
  • Oversee operational cash management and cash flow forecasting.

Audit Function:

  • Oversee preparation of financial accounts for auditing purposes.
  • Oversee annual audits.
  • Liaising with auditors to ensure that annual monitoring is carried out effectively.
  • Conduct internal audits

Control Function:

  • Develop and implement accounting policies, procedures and internal controls in support of business processes and decisions.
  • Ensure all activities comply with relevant Acts, legal demands, ethical standards, and the internal management policies.
  • Review the preparation and submission of company statutory documents

Qualifications

  • First Degree in a relevant field (Accounting / Business Management)
  • A post-graduate degree or MBA in Finance is compulsory.
  • Professional qualification or certification such as ACCA or ACA or FCA, etc is compulsory.
  • Strong commercial finance experience in multinational retail supermarkets and stores is essential.
  • Minimum of eight (8) years’ relevant work experience
  • Previous experience as a Finance Manager or Financial Controller in big retail supermarkets and stores or FMCG is essential
  • Strong or Advanced Financial Analysis and Modelling Skills
  • Proficiency in the use of advanced Ms. Excel
  • Experience with the use of Enterprise Financial Applications or Software for Retail Supermarkets and Stores.
  • Outstanding oral and written communication skills.
  • Demonstrated ability to evaluate and balance team and individual workloads.
  • Negotiation skills, analytical skills and ability to multitask.

Application Closing Date
Not Specified.

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

Note: Only candidates that meet the requirement should apply or be referred.