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  • Posted: Nov 17, 2016
    Deadline: Nov 24, 2016
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    Coca-Cola first arrived in Nigeria in 1951. That same year, the Nigerian Bottling Company Ltd (NBC) was incorporated to bottle and sell carbonated non-alcoholic beverages. NBC has the sole franchise to bottle Coca-Cola products in Nigeria. The Nigerian Bottling Company Ltd is one of the biggest companies in the non-alcoholic beverage industry in the count...
    Read more about this company

     

    Regional Commercial Finance Controller

    Job Reference:RCFC
    Department: Finance

    Job Details

    • The Regional Commercial Finance Controller will report to Finance Business Partner (Commercial) and will be responsible for ensuring adherence to Commercial Policies & Procedure in Demand & Sub Demand Area.
    • He/She will also be responsible for North Region Performance and KBI deliveries.The role holder will be based in Abuja.

    Key Responsibilities  

    • Ensure accurate and timely booking of Revenue, Accrual, Inventory, Account Receivable & Expenses.
    • Ensure compliance with Internal Control and audit process.
    • Recommend changes in the credit policy to Finance Business Partner Commercial and maintain and uphold the corporate credit policy.
    • Supervising the Account Receivable, Claims, Credit Control and Settlement & Billing activities in their regions.
    • Ensure SLA on timely and accurate update of requested and approved credit is adhered to.
    • Follow up with Commercial Manager on the defaulting dealers for recovery and initiate set up of Credit Representatives Group.
    • Review credit limit of outlets periodically to ensure it is in line with purchase capacity and risk assessment of the customer.
    • Engage in cross-functional meeting with Commercial and Logistic on DIFOTAI (Delivery in Full ,on time and accurate invoicing)achievement.
    • Ensure adherence to cut-off procedures.
    • Ensure adherence to Credit Policy.
    • Coordinate quarterly provisioning and write-off request. Implementation of dunning procedure and suggestion for changes. Review DSO (Debtor Days of Sales Outstanding) Report and follow up on debt recovery.
    • Evaluates customers’ liquidity risk and classify them accordingly to risk categories.
    • Advise Management on ageing debts for provision and on bad debt write-off.
    • Evaluation and monitoring of customers’ promotion and incentive programmes.
    • Monitoring of DME and Commercial budgets for accuracy.
    • Ensure settlement and billing activities result in accurate revenue. goods issue update, and update of customers account.
    • Cross functional capabilities within the Commercial Finance team to deliver support to all Commercial functions.
    • Working with other finance team as well as with teams across company.
    • Highlighting the current business results/potential risks.
    • Must be able to prepare clear overviews.
    • Involvement in Coaching activities
    • Be align with the company vision and direction.
    • Communication with other departments across company.
    • Reviewing current processes and designing new/more efficient ways of utilising current data to provide meaningful reports to Supply chain and to Senior Management Team.
    • Participate/lead key initiatives such as productivity and efficiency management.

    Requirements
    Desired candidate profile:    

    • Bachelor Degree or equivalent in Economics, Accounting, Finance, Business Administration, related field or equivalent.
    • Minimum of 8 years experience
    • Possession of ICAN or ACCA will be an advantage.
    • Strong Analytical skills and experience -Power Point, Excel, SAP, University Degree, English, Judgement
    • Ability to set & manage deadlines in a dynamic and changing environment.
    • Must be able to explain all variances.
    • Accounting knowledge.
    • Proven Knowledge of SAP and excel systems.
    • Indirect costs understanding, responsibilities, timing, logic of accounting.
    • Understanding of Investment appraisal and NPV evaluation metrics
    • Very good business knowledge, technical skills (PC, SAP), very good knowledge Operation knowledge, accounting knowledge.
    • Very good interpersonal and communication skills.
    • Ability to develop staff and provide support/training environment within day to day activities
    • Strong interpersonal and communication skills.
    • Ability to challenge others and to drive change.
    • Strong interpersonal and communication skills.
    • Highly analytical - ability to conduct detailed financial analysis
    • Ability to think outside of the box and challenge processes and rationale.
    • Ability to make financial information "user friendly" to non financial end users.

    Method of Application

    Interested and qualified? Go to Nigerian Bottling Company on www.nbcltdcareers.com to apply

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