Financial Controller at Health Plus Limited

Reference #: HP/FC/08
Location: Lagos
Contract Type: Permanent
Report to: the Chief Financial Officer
Job Functions: Accounting, Banking, Finance, Management Consulting, Retail

Industries

• Accounting, Accounting & Auditing, Banking / Finance & Investment, Bookkeeping, Financial Services, Fmcg (Fast Moving Consumer Goods Sector), Food & Beverages, Pharmaceutical / Medical / Healthcare / Hygiene, Professional Services, Retail

Specification
Financial Controls:

• Take responsibility for ensuring the accuracy of the accounting and control information held in and reported from the Organisation’s accounting system
• Support the CFO in developing and delivering the Organisation’s financial and business strategy
• Continuously review of financial, control and management information systems and procedures, implementing improvements across the organization in consultation with the CFO
• Update, review and document the Organisation’s financial policies and procedures
• Ensure compliance with statutory and regulatory requirements
• Ensure accuracy of financial and related information held outside the finance systems, such as HR, budgeting systems, etc
• Improve the systems surrounding all aspects of the Organisation’s budgets, forecast and business planning
• Produce the monthly management accounts and other reports as required for senior management and the Board
• Prepare and analyse cash flow statements, income and expenditure accounts and balance sheet accounts
• Assist in the production of the draft year end accounts, supporting schedules and liaison with the auditors
• Ensure all company assets are accurately accounted for and monitored
• Plan projects exploring potential problems or opportunities, ensuring that resources and staff are available to execute the project. Carry out any necessary research, analyse it and conclude on that information
• Support and advise staff on contractual and other ongoing arrangements with suppliers

Finance Administration:

• Ensure the monthly reconciliation of all ledgers and sub-ledgers
• Ensure daily on-line reconciliation of bank accounts across the various Banks
• Analyse weekly business performance/results on an outlet by outlet basis, providing feedback to Senior Management
• Review branch stock position comparing POS figures with financials, advice management on optimum stock levels at branch and warehouse
• Track and monitor daily revenue for accuracy, verifying it against POS reports and Bank takings
• Suggest and where approved, implement cost management strategies
• Ensure monthly accruals are adjusted to meet demands of the business
• On a monthly basis, monitor and track debtors and creditors to ensure they are consistent with contract conditions
• In conjunction with Directors, source and identify finance providers at competitive rates
• In conjunction with IT Systems Administrator, coordinate and implement upgrades to finance systems, providing necessary information/training to direct reports.

Management Responsibilities:

• Provide management direction and development support to the finance team
• Take responsibility for the performance management of the finance team
• Provide advice, support and training on financial issues to the Organisation’s staff

Requirements

• A Bachelor's degree or HND in Accounting/Economics/Banking and Finance or related field from a reputable institution
• The ideal candidate must be a qualified/certified Accountant (ACA/ACCA)
• A Master’s degree in Accounting, Finance or Business Administration is an advantage
• Minimum of 12 years relevant work experience in a structured organisation, 5 years of which must be in a managerial role
• Demonstrable understanding of advanced business finance and performance analysis
• Strong budget and management skills, including proven project and process management ability
• Creative and critical thinker with high attention to detail
• Strong analytical and problem solving skills
• Highly professional and ethical with ability to maintain confidentiality
• A strong change agent and communicator
• Excellent people management and development skills
• Possess excellent leadership and business partnering skills to achieve results through organisational resources
• Possess sound knowledge and working experience of IFRS Accounting
• Proficient in the use of financial management software (e.g. SAGE/SAP)
• Experience with ERP software and BI tools
• Knowledge of the financial systems and procedures
• Demonstrated process improvement skills
• Familiarity with all Microsoft packages with advance spreadsheet skills
• Demonstrated ability to achieve high performance goals and meet deadlines in a fast paced Environment.

Salary
Market Related.