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Jumia is your number one Online Shopping solution in Nigeria. There is an online electronic store where you can purchase all your electronics, as well as books, home appliances, fashion items, shoes, mobile phones and more online and have them delivered directly to you. Jumia has payment options that suit everyone, and we have a payment-on-delivery option fo...
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As the Finance Mananger, you will be responsible for managing comprehensive general accounting, management accounting and reporting.
Also, you will drive standardization, ensuring financial outputs and service delivery are not only maintained to a high standard but improved, to increase efficiency within the team and forge strong working relationships across the organization.
Manage accounts receivable and cash application functions to ensure timely and accurate recording, collection, reconciliation and reporting of accounts receivable
Work closely with Commercial, Sales, Operations management and inventory control to ensure discrepancies and payment delinquencies are resolved on a timely basis.
Identify process inefficiencies and recommend remediation to strengthen control environment in financial and operational areas through the use of system automation and relevant tools
Reconcile general ledger accounts related to accounts receivable.
Cashflow forecasting periodically on regular basis based customer insight as well as business information.
Updating of Cashflow forecast in ERP and weekly update to Treasury team
Close monitoring of Account Receivables, Unbilled AR, Deferred Revenue, Provision for doubtful debts, Advances from customer and customer financing so that active control could be set on working capital numbers of Jumia
Advice to the Treasury & Credit manager on payment terms and credit limits for (new) customers.
Partner with cross functional teams to share best practices and improve communication and procedures
Track account transactions and resolution of issues. Establish and maintain effective relationships with internal and external business partners
Continue team’s strong track record of achieving collection metrics
Build, develop and maintain data models, reporting systems, data automation systems, dashboards and performance metrics that support key strategic business decisions
Lead settlements and clearance of financial transactions
Effectively partner with finance partners to design user-friendly reports to meet the needs of the business and enable greater business insight and more effective analysis and decision support
Work with Ops vendors to ensure timely execution and accurate reporting
Set up risk management policies, procedures, and parameters; responsible for staff training and communication; audit on a regular basis to ensure compliance
Develop relationships with management to gain a deep understanding of the business and identify opportunities to influence business decisions
Lead the implementation of new finance related projects
Oversee effective reconciliation of partner balance between Operations systems and Accounting systems
Design new processes and controls for growing business activities.
Qualification & Experience
B.Sc. / M.Sc. in Accounting, Finance, Economics, or a related field
5+ years of leadership experience, managing finance, accounting, and operational processes
Proven ability to influence finance and non-finance teams through a mixed set of finance skills (commercial finance, accounting, FP&A, audit, operations)
Must have strong analytical thinking and problem-solving skills; with the ability to work with cross functional teams and senior management
Experience of analyzing large volumes of data
Expertise in SQL, PowerPivot & Excel
Ability to communicate data-based decisions to individual contributors as well as leadership. You can articulate clearly and defend your decision-making processes.
A unique experience in an entrepreneurial, yet structured environment
The opportunity to become part of a highly professional and dynamic team working around the world
An unparalleled personal and professional growth as our longer-term objective is to train the next generation of leaders for our future internet ventures