Vacancy at a Leading Luxury Cosmetics Company - Productive People Limited

Employment Nigeria 04-Feb-2016 LAGOS , Banking and Finance

Productive People - Our client, a leading luxury cosmetics brand in Nigeria, is recruiting to fill the position of:

POSITION : Head of Finance

Reporting Relationships:

Functionally reports into: Managing Director
Administratively reports to: Managing Director
Supervises: Inventory Administrator & Accountant, Account Officer

Job Objective(s)

To facilitate the execution of best practice financial management processes and maintain good relationships with local and international financial institutions, government agencies, consultants etc.

Duties & Responsibilities

Financial Accounting & Treasury Management and Reporting
Ensure Proper record keeping of all financial records for adequate reporting
Ensure all ledgers are reconciled and updated monthly (i.e. Creditors Ledger, Debtors Ledger, Prepayment Accounts, etc)
Ensure Monthly preparation of Bank Reconciliation Report
Develop and maintain credit control Policies and Processes
Manage cashflow and collections within the outlets
Design and maintain effective internal control systems
Ensure Monthly reconciliation of all outlets
Ensure Monthly business performance reporting (Profit & Loss Account, Balance Sheet, Cashflow Analysis, Sales Analysis, etc)
Manage Organization’s Tax matters
Ensure Monthly provision of Business
Safeguard all company’s assets
Monitor payment processes (Suppliers, Salaries, etc).

Planning & Control:

Prepare corporate Annual Budget and variance report
Ensure budgetary Analysis and control

External relationship Management:

Manage relationship with banks
Maintain cordial relationship with Suppliers and Debtors.

Inventory Control & Store Management:

Ensure products received and issued are properly documented and are in good condition with secured packaging not tampered
Ensure accuracy and efficiency in bar-coding and tagging of all received goods.
Ensure reconciliation of waybill of actual goods received against shippers packing list and contact the supplier through the Merchandise Buyer to resolve discrepancies.
Issue dispatch instructions to dispatch riders and drivers and provide routing information to ensure that delivery times and locations are coordinated.
Schedule and monitor surface pickup, delivery or distribution of merchandise or materials
Ensure the processing and reconciliation of outlets orders and their delivery
Monitor demand and supply of goods from outlets
Review invoices, work orders, reports, and demand forecasts to estimate peak delivery periods and to issue work assignments.
Ensure proper arrangement of goods for easy identification and retrieval
Supervise and maintain good relationship with transporters, clearing Agents to ensure quality and timely service delivery
Plan, develop, and implement warehouse safety and security programs and activities
Verify inventory computations by comparing them to physical counts of stock and investigate discrepancies or adjust errors.
Determine and ensure proper storage methods, labelling, identification, and location of merchandise based on quantities, fabric types, environmental factors and physical capabilities of facilities.
Prevent inventory shrinkage
Train and evaluate performance of store personnel.

Key Performance Indicators

Revenue Growth
Operational Efficiency/Cost Management
Net Margin
Return on investment
Budget Variance
Timeliness of completed quarterly financial reports
Performance of external audit
Quality and ease of retrieval of financial information.

Minimum Education Qualifications

B.Sc. or HND in Accounting or related discipline;
Professional qualification (ACA, ACCA) would be an added advantage.

Desired Skills and Experience
Required Experience:

Minimum of 10 years’ cognate experience.
Key experience in one of the "big four" finance firms.
Experience in audit of a trading or manufacturing company.

Skills:

IT skills
Execution
Relationship management
Communication skills
Problem solving skills
Proficient knowledge of SAGE

Required Competencies

Knowledge
Accounting and Finance
Cost management
Taxation
Budgeting/Forecasting
Company operations
Management Accounting.

Sorry the application deadline for this job has elapsed

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Vacancy at a Leading Luxury Cosmetics Company - Productive People Limited

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