Job Vacancies at Food Concepts Plc

Key Responsibilities:

• Processing of suppliers / vendor invoices for payment
• Maintaining the creditors’ schedule
• Ensure daily/weekly collection of Bank statements and   confirmation of cheques
• Manage all forms of payment (internet banking, Remita, interswitch etc)
• Keeping the financials documents organized and filed
• Detect and eliminate errors in payment request
• Confirm all retirement before another cash advance is processed for a staff
• Ensure posting of items received by the store into appropriate Trade Creditor’s account
• Verify all intercompany transactions across businesses - review and sign off on all intercompany transactions across the divisions
• Confirm on monthly basis that charges on COT and Interest are in line with the agreed rate.
• Perform any other related duties from time to time

Key Performance Indicators:

• Outputs
• Frequency
• Daily Cash Position
• Daily (12 noon)
• Review of Bank Reconciliation Statements
• Weekly (WD 2)
• Bank Charges/Interest Verification Report
• Monthly (WD 5)
• Report on Fixed Deposit
• Monthly (WD 5)
• Treasury Sectional Report
• Monthly (WD 5)

Skills, Competencies and Requirements:

• Skill to improve risk management through reduction/transparency of cash balances
• Banking transaction execution and settlement skill
• Cash and investment reporting skill
• Compliance to audit observation as to the segregation of duties with reference to back office functionality of recording transactions through a systematic driven authorization/execution process

General Management Competencies/Requirements:

• Strong Oral and Written Communication skills
• Good Presentation Skills
• Relationship Management
• Strong Problem solving skills
• Ability to plan, schedule and coordinate effectively

Educational Qualifications/Experience:

• Minimum of university degree or HND Accounting, Finance or related discipline
• Minimum of 1 years post professional qualification experience.

Desired Personal Attributes:

• Integrity
• Proactive self-starter
• Assertive and tenacious
• Ability to work with little or no supervision
• Ability to work with all levels of management, build partnerships and teams
• Highly organized and able to adapt quickly to changing priorities
• Ability to cope with and work under pressure

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Job Purpose

• Ensure compliance to organization process, procedures and policies and other support for Chicken Republic Stores

Core Responsibilities and Key Result Areas

• Ensures that internal control documentation are accurate and up-to date
• Ensure compliance to organization process, procedures and policies
• Verify and maintain internal control checks and records including assets tags to ensure safeguard of company
• Track cash advance for unnecessary delay in retirement
• Create and maintain error log closed register to ensure that all identified documentation errors are corrected and closed
• Review Imprest and relate with stores for any irregularities when necessary
• Conduct a periodic physical verification of stocks asset monthly
• Vouch and verify all payments vouchers for approvals completeness and accuracy
• Supervise the receipts of goods from suppliers and certify the GRN
• Review of administrative operations (Admin and Maintenance)
• Ensure that all necessary corrections are effected, vouchers properly authenticated
• Prepaid expense retirement review
• Call over of SCD- Finance and finance posting on SAP
• Due diligence and pricing review
• Ensure that all internal control registers are updated and closed daily
• Any other adhoc assignment as assigned by the HOD

Key Performance Indicators

• Time lag between internal control deficiency occurring and reporting
• Numbers of internal control improvement initiatives
• Number of internal control breaches
• Identify and respond proactively to business priorities and key controls
• Timely rendition of report weekly, monthly, quarterly and yearly basis to track support provided to the business and impact of such support
• Prompt implementation and corrective action with employees and managers

Knowledge Requirements

• Financial accounting skills
• Strong knowledge of audit procedures

Job Specifications

• A good first degree in Accounting, Finance, or related field
• Membership of the ICAN, CITN, ACCA, CIS or any other related professional qualification is an added advantage
• Minimum of 2 years’ experience in similar role is required.
• Contact Purpose of Contacts
• Internal Contacts (most frequent contacts)

Purpose of Contact

• Executive Management
• Exchange or provide information
• Obtain, clarify, and discuss information
• Present, discuss information and problems
• Collaborate, negotiate and present ideas
• Deal with, influence or motivate subordinates
• Promote, justify or settle highly sensitive matters