• Career Opportunities at African Industries Group

  • Posted on: 30 November, 2016 Deadline: Not Specified
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  • African Industries is a diversified West African Conglomerate that employs over 4,000 people from over 10 countries. The Group has operations in eight locations in Nigeria, distributes products in several West African countries and is increasing investment in neighboring countries. Its origins lie in trading soft and hard commodities imported from Europe and Asia. The Group’s activities in Nigeria are now entering their fifth decade. Investments in manufacturing commenced with the reforms instituted to support industry in the early 2000’s in Nigeria - as democracy was established. 

    Chief Financial Officer (CFO)

     

    Candidate Profile

    • A Chartered Accountant/ ACCA with at least 15 years of experience ( at least 7 years of heading Finance Function of reasonable size manufacturing Unit).
    • Experience of handling multiple units
    • Experience of managing the accounting functions of manufacturing units.
    • Should have experience of handling implementation of ERP
    • Maturity and leadership skills are prerequisite for the position
    • Excellent interpersonal skills
    • Structured working style
    • Analytical mind
    • Excellent knowledge of Microsoft office especially Microsoft Excel and Microsoft Power point
    • Presentable and good communication skills
    • Should have experience of handling functions defined in Job description

    Job Description

    • Review of Quarterly accounting Statements, Quarterly Business Plan , Monthly Profit & Loss Account and Monthly Cash Budgets
    • Ensure the deadlines for completing various reports are being met
    • Provide support to Unit Accountants and ensure smooth relationship with Unit CEO’s
    • Ensure the appropriate KRA’s and KPI’s are being set for Accounts, Finance and Tax department and proper monitoring system is in place
    • Mentoring & Coaching of staff in the department
    • Ensure efficiency and effectiveness of outsourced Internal Audit function
    •  To help Group CFO in developing strategy for the department and achieving targets set
    • Ensure Compliance with the Lenders requirements
    • Operational and External Risk Management
    • Ensuring timely refund of excess charges by the Banks
    • Formalizing control matrix and periodical review of control matrix
    • Co-ordinate with Group CFO on Manpower requirement

    Senior Manager Accounts

     

    Requirements

    • A Chartered Accountant with at least 7-10 years of experience ( at least 3 years o heading Accounts team of reasonable size manufacturing Unit).
    • Manufacturing experience is compulsory. Steel manufacturing experience will be an added advantage
    • Maturity and leadership skills are prerequisite for the position
    • Should have hands on experience
    • Structured working style
    • Analytical mind
    • Experience in working on ERP Microsoft Navision would be an added advantage
    • Excellent knowledge of Microsoft office especially Microsoft Excel and Microsoft Power point
    • Presentable and good communication skill

    Job Description

    • Timely preparation of Monthly management accounts. We have audit committee and the management accounts are presented to the committee on quarterly basis (we are planning to switch to monthly presentation).
    • Timely preparation of monthly Budgets and variance analysis
    • Cost analysis and reconciliation of Cost accounts with Financial Accounts
    • Timely preparation of daily, monthly and quarterly MIS.
    • Co-ordination with Finance team in HO to ensure that proper financial resources are made available to the unit.
    • Commercial support to Unit CEO
    • Analysis of Financial Information and highlight the unusual variations/ trends
    • Co-ordinate with the Internal Auditors and ensure that the audit compliance reports are submitted in timely manner
    • Support Accounts Head in decision making
    • Keep a close eye on credit control function
    • Support the consultants and internal teams in system development and implementation

    Treasury Manager

     

    Job description

    • Day to day Cash Management
    • Working Capital Management- Estimating working capital requirements/ cash flow forecasting and planning/ arranging sufficient working capital limits
    • Financial Risk Management – Currency & Interest Rate Risk
    • Maintaining existing banking relationships and developing new relationships
    • Co-coordinating with Group treasury to arrange long term financing
    • Keeping Treasury MIS up to date
    • Day to day follow up with the banks on banking transactions
    • Managing balance between Foreign exchange risk and interest costs

    Method of Application

    Use the link(s) below to apply on company website.

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