Career Opportunities at Jumia Nigeria

Your main responsibilities will be to develop the ventures in your market through operational and strategic actions. You will directly manage your operational and commercial team.

Key responsibilities include:

• Drive overall top line and profitability development
• P&L ownership
• Recruit and manage the team, in particular the local sales and operations team
• Define and drive action plans to create strong relationships with local stakeholders
• Coordinate your commercial team with the other services (Marketing, Partnerships, Finance, etc.)
• Deliver measurable results linked to the project you are in charge of
• Ensure regular reporting of your actions and results
• Drive activity analysis
• Manage the team efficiency and cohesion
• Create an unparalleled environment for your team’s development and happiness

A successful candidate will fulfil the following requirements:

• Strong entrepreneurial skills
• Strong leadership
• Strong drive
• Impeccable communication skills
• Ability to negotiate in flawless English
• Ability to identify new business opportunity
• Ability to work independently and in a team

We offer:

• 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

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Objective

As Finance Manager, Logistics and Operations, you will be responsible for providing financial advice and support to the Company in order to make sound business decisions.

Responsibilities:

Inventory Management

• Establish and monitor appropriate accounting practices to ensure all inventory activities are captured correctly in Inventory Management system and interface accurately into the accounting system
• Establish inventory reconciliation procedures to ensure accuracy of all balances
• Ensure accurate Inventory ageing and analysis and appropriate provisions are kept in the books for slow and obsolete stock
• Ensure accurate book keeping for all initiatives regarding stock in transit and returns to Vendors

Financial Planning and Budget Management

• Prepare the annual operating and strategic plan for the business unit (includes working capital and cashflow projections) to the right quality and to time.
• Prepare unit budgets and consolidate for the business unit and ensure consistency of numbers in line with the Service Level Agreements with each venture.
• Deploy best in class cost accounting tools to ensure clarity of cost bases and provide clarity on Cost optimization opportunities, and revenue generating schemes.
• Ensure accuracy in invoicing
• Ensure all unit heads are held to account to operate in line with the budget. Full variance analysis and corrective action plans are provided on a periodic basis (e.g. monthly)
• Financial analysis as will be required from time to time too aid management decision making.

Financial Accounting and Reporting

• Ensure completeness, correctness and accuracy of accounting records and transactions in the Financial accounting systems and in line with IFRS.
• Prepare monthly reconciliation statements of accruals and analysis of expense and revenue heads.
• Ensure proper filing of source documents and records relating to the operations of the business unit.
• Prepare Monthly Business Review reports fully reconciled to the SLA and the Financial accounting systems.
• Ensure internal control processes are working optimally.
• Expedite all audit assignments and ensure that recommendations are implemented to time and risks identified are mitigated.
• Adequacy of reconciliation with 3rd Party Logistics providers and completeness and accuracy of transactions embarked on with them.
• Fixed Asset and CAPEX Management
• Ensure the completeness and accuracy of the fixed asset register in line with IFRS.
• Ensure the adequacy of controls over the additions and disposals of assets and physical verification.
• Others
• Provide leadership to finance team members and financial support to unit heads within the Business Unit.
• Competencies Required
• Ability to communicate effectively with internal and external affiliates and clients
• Strong analytical and problem-solving skills. We are building ventures from scratch, learning and solving problems along the way
• Hands-on attitude. E-commerce is 50% operations, so you must not be afraid of rolling up your sleeves and getting your hands dirty
• Proficiency in the use of ERP systems
• Strong drive and ability to implement change in fast moving organizations
• Willingness to make decisions as necessary and appropriate in accordance with company policies.
• Self-starter who will take initiative to effect positive change
• Ability to work independently, as well as with a team
• Strong organizational skills
• Demonstrated ability to maintain confidentiality of privileged information and professionalism at all times
• Accuracy and attention to detail

Qualification & Experience

• Bachelor’s Degree in Accounting, Finance, Banking and Finance, Economics from a reputable University or equivalent
• Master’s Degree in similar role above is an advantage
• Certification from any recognized professional body (ACCA, ACA, ICAN, CFA) is compulsory
• Minimum of 5 years’ in supervisory role with Cost accounting and management experience
• Relevant financial accounting and management experience in supply chain operations
• Adequate knowledge of the Ecommerce Industry

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Objective

To ensure an efficient, effective and comprehensive process for developing financial plans and analysis that links to the strategic objectives.

Responsibilities:

• Oversee the financial planning and analysis organization and work with Finance directors, management team, both local team and central team, to provide value-added insight into the business.
• Prepare a monthly reporting package that includes full financial statements, comprehensive Key Performance Indicator (KPI) reporting, operational dashboard reporting, analysis of key business trends, actual versus budget variances and comprehensive executive level explanations of differences.
• Drive an efficient, effective and comprehensive process for developing financial plans and analysis that links to the strategic objectives.
• Develop and monitor the company’s annual budget and monthly forecasts, which shall include establishing budget tools, setting timelines and ensuring all budgets are accurate, comprehensive and completed on time.
• Prepare and maintain an efficient and effective process of evaluating, tracking and monitoring all strategic planning activity for the company with appropriate links to the annual budget and strategic plan.
• Provide a high level of thought process to drive improvement; recommend areas for improvement and lead projects to enhance the reporting and analytical infrastructure.
• Supervise and manage the performance of a team of FP&A professionals.
• Routinely communicate business unit and company financial and operational performance trends, historical and forecasted, using appropriate metrics, identifying risks and opportunities related to the achievement of the company’s financial plans.
• Influence the accuracy and effectiveness of the corporate accounting consolidation and closing process through analytical review and trend analysis.
• Develop and execute financial modelling tools to allow for routine analytical reviews of company financial and operational performance, new projects and decision making.

Competencies Required

• Working knowledge of Microsoft Office Tools (Word, Excel) and ERP systems
• Great attention to detail, self-motivation, time management and a high level of discipline are key
• Stakeholder management
• Excellent Numerical and Analytical skills

Qualification & Experience

• A BSc in Accounting, Finance, Business Administration or equivalent from a recognised and accredited University
• Professional Qualification like ICAN, ACCA, ACA is an added advantage
• Minimum of 5 years’ experience working in a fast-paced corporate environment preferably in a similar role
• Experience in preparing, analysing, and implementing accounting and reporting requirements
• Solid FP&A experience (budgeting, forecasting, planning and analysis)