Finance Manager at Devyani International Nigeria Ltd (KFC Nigeria)

Role Overview

• The Finance Manager will be responsible for overseeing the financial operations of across all stores and the RSC office.
• The role requires strong hands-on capability in financial reporting, payroll verification, statutory compliance, reconciliations, systems management (Tally and SAP), and coordination of multi-location finance activities.
• The ideal candidate must be a Chartered Accountant (ICAN) with solid experience in retail, QSR, FMCG, or multi-site operations.

Key Responsibilities
Financial Reporting & MISL:

• Post monthly journals and prepare accurate monthly MIS and Profit & Loss reports for all stores and the head office.
• Ensure timely month-end and year-end financial closing in line with internal controls and reporting timelines.
• Prepare SAP uploaders from approved schedules and ensure accurate uploading into SAP.

Payroll & Employee Cost Management:

• Perform monthly verification of payroll across all employee categories including expatriates, permanent staff, contract staff, and part-time employees.
• Prepare and maintain Cost to Company (CTC) schedules for all staff categories.
• Review exit documentation and post Full and Final (F&F) settlement entries in Tally.

Accounts Payable, Rentals & Vendor Management:

• Post all rental and service charge bills for store locations and expatriate residences.
• Review vendor onboarding documents and ensure completeness before creating supplier profiles in Tally.
• Reconcile mall landlords’ accounts and manage profit-sharing arrangements where applicable.
• Collate monthly Month-to-Date (MTD) Daily Sales Reports (DSR) for calculating Yum fees and landlord profit-sharing.

Schedules, Provisions & Reconciliations:

• Maintain and regularly update financial schedules including rent schedules, insurance, AMC, and related commitments.
• Prepare and update provision schedules for both head office and store operations.
• Prepare monthly sales, consumption, and output VAT reconciliations for all stores and ensure compliance with tax regulations.

Inventory & Controls:

• Coordinate the annual stock take exercise across all stores in collaboration with Store Finance Managers (SFM) and operations teams.
• Strengthen financial controls to minimize leakages and ensure compliance with company policies.

Compliance & Audit:

• Support internal and external audits by providing schedules, reconciliations, and documentation as required.
• Ensure compliance with Nigerian financial regulations, tax laws, and internal financial standards.

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• Chartered Accountant qualification (ICAN) is mandatory.
• Minimum of 5–8 years relevant finance experience, preferably in QSR, retail, FMCG, or multi-location operations.
• Strong working knowledge of Tally and SAP.
• Proven experience in payroll management, MIS reporting, VAT reconciliation, and multi-store finance operations.

Remuneration
Competitive+ HMO, Pension, NHF, 13th Month and other company wide benefits.