Job Vacancies at Novella Africa

Job Summary:

• The Ideal candidate will be responsible for managing and reducing operational costs to increase profitability. Prepare budgets and track actual costs relative to the budget, identifying strategies to improve efficiency and reduce costs.

Responsibilities

• Financial Analysis, integration of cost estimates and forecasts provided by vendors and suppliers, and support of the cost-estimating process
• Responsible for controlling and monitoring total expenditures including verifying and checking invoices and claims from suppliers, vendors, and subcontractors to ensure that all business expenditures are captured and properly recorded
• Coordinating with other departments such as human resources, payroll, accounting, and finance to ensure that all costs are accurately tracked
• Supply cost information to operations at all levels to avoid spending in excess and develop an analysis that shows operations where to focus to reduce cost
• Prepare and implement comprehensive business plans to facilitate achievement by planning cost-effective operations and activities.
• Collecting and analyzing data related to an organization’s cost
• Presenting cost analysis results to management and making recommendations
• Performing the month-end close and forecast-related allocation activities
• Provide accurate up-to-date standard costing, working with production and master data team to ensure costing reflects appropriate BOMs and inventories
• Support Cost Controller activities and analysis and update cost breakdown structure according to existing cost estimates
• Execution of the allocation checks (inventory checks, service checks)
• Identifying cost-saving opportunities and implementing cost-reduction measures
• Preparing budget reports and financial forecasts
• Reviewing financial transactions and cost accounting to ensure accuracy
• Monitoring project budgets and ensuring they are adhered to
• Providing recommendations for cost efficiency to upper management
• Coordinating and implementing audits to ensure compliance with financial regulation
• Assist in the preparation of financial statements in compliance with official guidelines and requirements
• Implement consistent accounting policies, practices, and procedures across all programs, upholding federal, state, and local legal standards by remaining knowledgeable about existing, new, and future legislation

Requirements

• Bachelor's degree in Accounting, Finance, or relevant study.
• Membership to any of the professional bodies ICAN, ACCA,
• Minimum of 5 years of experience as a Cost Controller, Cost Accountant, or a related role.
• Experience in Logistics and Supply chain industry
• Excellent understanding of cost accounting principles.
• Hands-on experience with accounting software, like Quickbooks or SAP.
• Excellent Financial Planning and Budgeting skills, Financial Analysis skills, Cash Flow Management, budgeting, forecasting, and data analysis.
• Strong analytical skills with attention to detail.
• Excellent time management skills with a proven ability to meet deadlines.
• Proficiency in Microsoft Office, particularly with Excel.

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Job Summary:

• The Finance Reporting Manager will prepare, analyze, and present financial reports to ensure the company's financial health.
• The role involves maintaining compliance with financial regulations, collaborating with various departments, and providing insights to support strategic decision-making.

Responsibilities:

Financial Reporting:

• Prepare monthly, quarterly, and annual financial reports, including income statements, balance sheets, and cash flow statements.
• Ensure accuracy and completeness of financial data under Nigerian accounting standards and international financial reporting standards (IFRS).

Budgeting and Forecasting:

• Assist in the preparation of the annual budget and financial forecasts.
• Monitor budget variances and provide analysis to management.

Regulatory Compliance:

• Ensure compliance with all financial regulations and company policies.
• Prepare and submit statutory reports and tax filings on time.

Internal Controls:

• Develop and implement internal financial controls to safeguard company assets.
• Conduct periodic audits and reviews to ensure compliance with internal controls.

Data Analysis and Presentation:

• Analyze financial data to identify trends, variances, and areas of improvement.
• Present financial information to senior management clearly and concisely.

Collaboration:

• Work closely with other departments to gather necessary financial information and support their financial needs.
• Collaborate with external auditors and regulatory bodies during audits and reviews.

System Management:

• Maintain and improve financial reporting systems and processes.
• Ensure the integrity and accuracy of financial data in the company's ERP system.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field.
• Professional certification (ACA, ACCA, CIMA) is highly desirable.
• Minimum of 5 years of experience in financial reporting, preferably in the logistics and transportation industry.
• Strong knowledge of accounting principles (GAAP), financial reporting standards (IFRS), and bookkeeping procedures.
• Proficiency in financial reporting software and ERP systems.
• Excellent analytical and problem-solving skills with a keen eye for details.
• Effective communication and interpersonal skills.
• Excellent time-management and organizational skills.
• Ability to work independently and as part of a team.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
• Knowledge of relevant Nigerian tax regulations is a strong plus.

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Job Summary:

• The Treasury Manager will be responsible for managing the organization’s financial activities, ensuring liquidity, managing financial risks, and optimizing the use of funds.
• The ideal candidate will be involved in strategic planning, financial management, and ensuring compliance with financial regulations.
• S/he will play a crucial role in supporting the company’s growth and financial health by implementing effective treasury strategies.

Responsibilities:

Cash Management:

•  Oversee daily cash flow management and forecasting.
• Ensure adequate liquidity for operational and capital requirements.
• Optimize cash management processes and improve cash conversion cycles.
• Monitor and manage the company's cash position and investment of surplus funds.

Financial Risk Management:

• Identify, assess, and mitigate financial risks, including currency, interest rate, and credit risks.
• Develop and implement risk management policies and strategies.
• Monitor and report on financial risk exposures and the effectiveness of risk mitigation strategies. 

Banking Relationships:

• Maintain strong relationships with banks and financial institutions.
• Negotiate banking facilities, loans, and credit terms.
• Manage bank accounts, including opening, closing, and reconciling accounts.

Treasury Operations:

• Supervise treasury operations, including payments, collections, and inter-company transfers.
• Ensure compliance with internal controls, policies, and procedures.
• Implement and manage treasury management systems (TMS) to improve efficiency.

Investment Management:

• Develop and implement investment strategies for surplus funds.
• Monitor investment performance and ensure alignment with the company’s financial goals.

Financial Planning and Analysis:

• Support budgeting and forecasting processes
• Provide analysis and insights on cash flow, liquidity, and financial performance   
•  Collaborate with the finance team to ensure accurate financial reporting.

Regulatory Compliance:

• Ensure compliance with local and international financial regulations and standards.
• Prepare and submit regulatory reports as required.

Team Leadership:

• Lead, mentor, and develop the treasury team.
• Promote a culture of continuous improvement and high performance within the team.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Professional certifications such as CFA, CTP, or ACA/ACCA are preferred.
• Minimum of 5-7 years of experience in treasury management, preferably in the logistics and supply chain industry.
• Strong understanding of financial markets, instruments, and treasury operations.
• Proficiency in treasury management systems (TMS) and financial software.
• Excellent analytical, strategic planning, and problem-solving skills.
• Strong interpersonal and communication skills.
• Ability to work under pressure and meet tight deadlines.
• High level of integrity and professionalism.

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Job Summary:

• The Corporate Finance Analyst will play a key role in supporting the financial strategy of the company. This role involves analyzing financial data, preparing reports, assist in budgeting and forecasting, and supporting strategic financial planning. The ideal candidate will have strong analytical skills, a keen eye for detail, and the ability to work collaboratively across departments.

Responsibilities:

Financial Analysis:

• Analyze financial statements and performance metrics to provide insights and recommendations.
• Conduct financial modeling and scenario analysis to support strategic decision-making.
• Evaluate historical financial data to identify trends and variances.
• Analyze the financial impact of various business initiatives and decisions.

Budgeting and Forecasting:

•  Assist in the preparation and management of the company’s annual budget.
• Develop financial forecasts and track performance against budgeted targets.
• Participate in quarterly and annual financial planning processes.
•  Provide detailed variance analysis and explanations for deviations from budget.

Reporting:

• Prepare monthly, quarterly, and annual financial reports for internal and external stakeholders.
• Present financial data and insights to senior management and other stakeholders.
• Develop and maintain key performance indicators (KPIs) to track financial performance.
• Prepare ad-hoc financial reports and analyses as needed.

Investment Analysis:

• Evaluate potential investment opportunities and provide recommendations based on financial analysis.
• Conduct due diligence and financial analysis for mergers, acquisitions, and other strategic initiatives.
•  Analyze the financial feasibility and ROI of capital projects and investments.
• Monitor and report on the performance of investments and capital expenditures.

Strategic Planning:

• Support the development and implementation of the company’s financial strategy.
• Provide analytical support for strategic projects and initiatives.
• Assist in the preparation of business plans and strategic documents.
• Conduct market and competitor analysis to inform strategic decision-making.

Risk Management:

• Identify and analyze financial risks and opportunities.
• Develop strategies to mitigate financial risks and capitalize on opportunities.
•  Monitor financial markets and economic trends to anticipate potential impacts on the company.
• Ensure appropriate risk management strategies are in place for financial instruments and contracts.

Compliance and Controls:

• Ensure compliance with financial regulations and internal policies.
• Assist in the development and implementation of financial controls and procedures.
• Coordinate with internal and external auditors to ensure compliance with regulatory requirements.
• Maintain documentation and support for all financial transactions and reporting.

Stakeholder Engagement:

• Engage with various stakeholders, including banks, investors, and regulatory authorities.
• Provide financial insights and reports to support stakeholder decision-making.
• Maintain positive relationships with external partners and financial institutions.
• Represent the company in financial discussions and negotiations.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Minimum of 5 years of experience in corporate finance or a related field within the logistics and supply chain environment.
• Membership to the any of the professional bodies ICAN, ACCA, CFA, CIMA.
• Master's degree in Business Administration (MBA), Finance, or a related field (desired).
• Strong analytical and problem-solving skills with proficiency in financial modeling techniques.
• Proficiency in financial databases or ERP systems
• Excellent communication and interpersonal skills, with the ability to present complex financial information clearly and concisely.
• Strong work ethic with a high degree of accuracy and attention to detail.
• Ability to work independently and as part of a team.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
• Knowledge of relevant financial regulations and tax laws is a strong plus.
• Strong understanding of logistics and supply chain industry dynamics is preferred.

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Job Summary:

• The ideal candidate will play a critical role in safeguarding our assets, ensuring compliance with regulations, and identifying areas for process improvement.
• You will work collaboratively with various departments to assess internal controls, conduct audits, and implement risk management strategies.

Responsibilities:

• Develop, implement, and maintain a comprehensive internal control framework aligned with best practices and relevant Nigerian regulations.
• Conduct risk assessments to identify potential control weaknesses and areas for improvement.
• Perform internal audits across various departments, including production, purchasing, inventory management, sales, and finance.
• Evaluate the effectiveness of existing controls and identify control gaps.
• Document audit findings, prepare detailed reports with recommendations for improvement, and present them to management.
• Monitor the implementation of corrective actions and track progress toward achieving control objectives.
• Assist with the development and implementation of fraud prevention strategies.
• Maintain awareness of relevant industry standards, accounting principles, and Nigerian regulations.
• Maintain confidentiality of all sensitive information and audit findings.
• Collaborate with external auditors to ensure a smooth and efficient audit process.

Requirements

• Bachelor's degree in Accounting, Business Administration, or a related field
• Professional certification ICAN, ACA, CISA
• Minimum of 4 years of experience in internal audit, risk management, or a related field within a manufacturing environment.
• Strong understanding of internal control frameworks, risk assessment methodologies, and audit procedures.
• Experience in the use of ERP Systems (SAP)
• Excellent analytical and problem-solving skills.
• Strong communication, interpersonal, and writing skills.
• Ability to work independently and as part of a team.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
• Knowledge of relevant Nigerian accounting standards and regulations (FRCN, CAMA) is a strong plus.

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Responsibilities:

• Planning, executing, and reporting on operational, financial, regulatory, and compliance-related audits/reviews.
• Analyzing the effectiveness and efficiency of the control environment, identifying loopholes/control gaps, and recommending risk aversion measures and opportunities for improvements.
• Determining the internal audit scope and developing annual plans.
• Performing and controlling the full audit cycle, including risk management and control management over operations’ effectiveness, financial reliability, and compliance with all applicable directives and regulations.
• Obtaining, analyzing, and evaluating accounting documentation, previous reports, and data.
• Preparing and presenting reports that reflect audit’s results and document process to the Board.
• Conducting risk assessments and identifying controls in place to mitigate identified risks.

Requirements

• Bachelor's degree in Finance, Accounting, or other related fields.
• 7 - 10 years of relevant experience in Internal Audit.
• Post-ACA qualification experience in Risk Management, Internal Audit/Control, with at least 2 years at senior management level. 
• Work experience in a financial institution is preferable.
• Knowledge of risk management and internal control policy and procedures formulation.
• Understanding of the regulatory and compliance environment for the financial services industry.
• Understanding of COSO framework, BASEL II, and other relevant standards.
• Financial statement analysis, Credit analysis, and documentation.
• Understanding IT/technology controls will be an added advantage.
• Good analytical, numerical, and statistical skills.
• Microsoft Office skills must be intermediate to advanced level.
• Excellent written and oral communication skills.
• Strong leadership skills and Excellent ethical values. 
• Ability to work under little or no supervision
• Meticulous attention to detail and organization.
• Ability to handle private, sensitive, and confidential information appropriately.