The Role:
The Financial Controller for our business based in Lagos and will oversee the financials of multiple legal entities owned by ECOM Nigeria. The role will manage robust accounting processes and controls that lead to the delivery of timely and accurate financial reports for all businesses in Nigeria. The role will include coaching and mentoring the Accounting team.
Key Responsibilities include :
1. Supervise all accounting for Ecom Nigeria (all legal entities)
Supervise monthly cutoff/intercompany/valuation/close process
Adequacy of provisions and accruals
Produce management accounting analysis for all businesses
Oversee Cognos input for all Ecom Companies in Nigeria
2. Financial Accounting
Manage annual audit and all statutory reporting; manage ICS
Contracts and forward books
Preparation/review of all commodity forward books
Produce timely and accurate financial reports
Analysis of reserves vs actual costs
3. Run tax planning and compliance for Ecom Nigeria with the Tax team.
Corporation tax and any VAT/direct taxes applicable
4. Manage govt compliance and work relating to Banking, Export grants and liaising with lawyers and legal issues.
5. Treasury oversee payment/receipts process
Work with Treasury to manage Ecom Nigeria liquidity and develop local bank relationships
FX position management for Ecom Nigeria
Backup to product controllers for origin funding requests
6. Credit control
Oversee counterparty risk process, including weekly credit control process for all Companies
Manage supplier advances with commodity teams
7. Overhead control and analysis for all Ecom Nigeria companies (PC and shared service)
8. Coordinate and consolidation of all annual budgets and forecasts
9. Maintain an efficient system of accounting records
10. Improve the Company’s set of controls and budgets designed to mitigate risk
11. Enhance the accuracy of the company's reported financial results
12. Ensure that reported results comply with generally accepted accounting principles
13. Lead, coach and mentor a team
14. Manage activities associated with process improvements, timely reporting and the development of appropriate systems to ensure that financial transactions, policies and procedures are in line with the Company’s objectives
Qualifications/Requirements
15. An advanced degree in accounting & costing, business or finance
16. A Minimum of 7 years relevant professional experience, ideally in the Commodity, agricultural sector, trading or food & beverage industry
17. A thorough understanding of business, financial and Accounting principles and practices
18. Excellent mathematical and analytical skills with advanced knowledge of Excel & PowerPoint
19. Knowledge of SAGE ERP will be an added advantage.
20. Strong interpersonal skills, ability to build trust and relationships with employees and business managers
21. Strong communication skills (written & oral)
22. Ability to work in an entrepreneurial, multicultural, multidisciplinary team and deliver high-quality work within deadlines to meet objectives
23. Prior experience in Nigeria or West Africa would be a major plus