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  • Financial Controller (Pharmaceutical/FMCG) at a Pharmaceutical Company - Stresert Servies Limited

  • Posted on: 8 December, 2016 Deadline: 21 December, 2016
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    StreSERT is a professional services organisation that offers quality stress-free solutions to corporate organisations. We offer business support and integrated solutions in different areas that ensure business objectives are achieved.

    Critically, we evaluate issues as they impact your business, and consequently deploy the appropriate skills and competencies to proffer the needed solutions.
    Our client is a leader in the pharmaceutical retail chain in West Africa.

    Financial Controller (Pharmaceutical/FMCG)


    Job Location: Victoria Island                                       
    Report To: the Chief Financial Officer

    Job Summary
    The Financial Controller will be responsible for all the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or International Financial Reporting Standards

    Main duties and responsibilities
    Financial Controls

    • Take responsibility for ensuring the accuracy of the accounting and control information held in and reported from the organisation’s accounting system
    • Support the CFO in developing and delivering the organisation’s financial and business strategy
    • Continuously review of financial, control and management information systems and procedures, implementing improvements across the organization in consultation with the CFO
    • Update, review and document the organisation’s financial policies and procedures
    • Ensure compliance with statutory and regulatory requirements
    • Ensure accuracy of financial and related information held outside the finance systems, such as HR, budgeting systems, etc
    • Improve the systems surrounding all aspects of the organisation’s budgets, forecast and business planning
    • Produce the monthly management accounts and other reports as required for senior management and the Board
    • Prepare and analyse cash flow statements, income and expenditure accounts and balance sheet accounts
    • Assist in the production of the draft year end accounts, supporting schedules and liaison with the auditors
    • Ensure all company assets are accurately accounted for and monitored
    • Plan projects exploring potential problems or opportunities, ensuring that resources and staff are available to execute the project. Carry out any necessary research, analyse it and conclude on that information
    • Support and advise staff on contractual and other ongoing arrangements with suppliers

    Finance Administration

    • Ensure the monthly reconciliation of all ledgers and sub-ledgers
    • Ensure daily on-line reconciliation of bank accounts across the various Banks
    • Analyse weekly business performance/results on an outlet by outlet basis, providing feedback to Senior Management
    • Review branch stock position comparing POS figures with financials, advice management on optimum stock levels at branch and warehouse
    • Track and monitor daily revenue for accuracy, verifying it against POS reports and Bank takings
    • Suggest and where approved, implement cost management strategies
    • Ensure monthly accruals are adjusted to meet demands of the business
    • On a monthly basis, monitor and track debtors and creditors to ensure they are consistent with contract conditions
    • In conjunction with Directors, source and identify finance providers at competitive rates
    • In conjunction with IT Systems Administrator, coordinate and implement upgrades to finance systems, providing necessary information/training to direct reports

    Management Responsibilities

    • Provide management direction and development support to the finance team
    • Take responsibility for the performance management of the finance team
    • Provide advice, support and training on financial issues to the organisation’s staff

    General Responsibilities

    • Work in harmony in accordance with the organisation’s vision, mission and values
    • Promote and ensure compliance with the organisation’s policies, including Health & Safety, Environment, Diversity Policies
    • Work in a collaborative and entrepreneurial manner to support and drive income generation
    • Attend and undertake training regular supervisions and annual performance appraisals
    • Manage and undertake training/professional development as necessary
    • Promote the use of technology
    • Work as part of team, supporting colleagues and communicating effectively with all
    • Encourage and support innovation throughout the organisation
    • Work in the most resource efficient and effective manner
    • Act as an ambassador for the organisation

    Person Specification:


    • ACA/ACCA qualification
    • Experience in a fast growing company or in the retail industry is an advantage
    • Minimum 3 years experience in a senior finance role
    • Thorough practical understanding of management accounting principles and techniques


    • Firsthand experience of planning, budgeting and forecasting
    • Knowledge of a variety of accounts packages
    • Knowledge of the financial systems and procedures Familiarity with all Microsoft packages with advance spreadsheet skills
    • The ability to motivate and manage a team
    • High degree of communication skills, particularly attuned to working well with non-finance professionals

    Core Competencies

    • Flexible and able to respond to change
    • Solutions focused with a can-do attitude
    • Good communicator
    • Effective team worker
    • Proficient in the use of modern business technologies

    Proposed Compensation
    8,000,000 M – 9,000,000 M/ annum

    Official car, Medical Insurance, Pension Contribution, Group Life Insurance & Telephone allowance

    Method of Application

    Qualified Financial Controllers with experience in a related industry should send CVs to ‘’ using ‘FC-PHARMA’ as subject of mail . Qualified candidates will be invited for interviews.

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