We are in the process of sourcing a Financial Controller for a real estate company Kaizen Realty which is in the business of development of high rise Buildings and special luxury projects.   The company is a part of The TGI Group of Companies. The group has an annual turnover exceeding 1 billion USD per annum and employs more than 6000 personnel globally. TGI also owns CHI, which is one of the largest beverage producing companies in Nigeria and is a household name with brands like CHIVITA, Hollandia, Capri sonne etc. Very recently 40% of CHI has been acquired by coke. The Group is one of the most trusted Companies in the Nigerian Business World and has presence in edible oil, FMCG, Commodities, Fisheries, Pharmaceuticals, Poultry etc. please visit www.clicktgi.net   Position - Financial Controller  Reporting To - Managing Director & Group CFO  Position based at - Lagos   Since this position is based at Lagos, we feel that it will be best if you take your family into confidence before applying for the same. Lagos is a port city and the most populous city in Nigeria with an Indian population exceeding 30000 families. The Indian Language school (CBSE) has more than 4000 students of Indian origin. Lagos has all essential Indian commodities available (to the extent that you can even get a Nigerian Cook who can cook Indian Food). There are various Hindu Temples, Mosques etc as well. Lagos is as secure for any Indian as any Indian city like Mumbai, Gurgaon, Noida or Delhi may be for any foreigner. Lagos is the second fastest growing city in Africa and the seventh fastest in the world. Similarly to the rest of southern Nigeria, Lagos has a tropical savanna climate. Lagos experiences two rainy seasons, with the heaviest rains falling from April to July and a weaker rainy season in October and November. There is a brief relatively dry spell in August and September and a longer dry season from December to March.  Lagos is Nigeria's most prosperous city, and much of the nation's wealth and economic activity are concentrated here. Most commercial and financial business is carried out in the central business district situated on the island. This is also where most of the country's commercial banks and financial institutions and major corporations are headquartered. Lagos has one of the highest standards of living as compared to other cities in Nigeria as well as in Africa.  Job Description:  Controlling & Financial Accounting:  - Review of day to day transaction for timely & accurate booking of cost to the respective cost center, department and divisions while authorizing the vouchers for payment  - Review of the trial balance at the end of month and take corrective steps to enable drawing MIS from the system  - Sub-ledger control account tally every month for all the sub-ledgers including inventory accounts vis-a-vis respective inventory valuation from the inventory module, trial balance of creditors and debtors from the respective modules in the ERP system  - Fixed Assets additions scrutiny and capitalization thereof  - Outstanding liabilities review for the month and the booking thereof in the finance accounts  - Intercompany reconciliation & corrective steps  - Audit schedule for financial audit on a monthly basis  - Internal audit report review concerning the finance & accounts department  - Approve all sales & purchase journals  Treasury:  - Approval of all payments in e-payment systems, cheques, etc.  - Cash Flow forecasting & organizing financing or credit lines to cover for future cash needs  - LC and trade finance  - Daily collections & routing cheques to banks  - Confirmation of Tellers of the customers to enable receipting the same.   - Review of cheques on hand on a daily basis with the control account  - Bank reconciliation review and approval & corrective steps  - Review the liabilities to the banks and providing funds to meet the commitments  - Daily cash balances to confirm with the GL  - Clear payments in the system for all the cheques as well as direct transfers on line.  Accounts Payable:  - Review LPOs sent by Engineering for projects and maintenance for justification & correctness in terms of accounting & approve the LPO in the ERP system  - Accounting & marketing related Service LPOs to approve in the ERP  - Review vendor posted invoices which are due for payment and endorse for releasing the payments.  Accounts Receivables:  - Confirmation of tellers for direct payments in to the bank by customers before receipts are posted  - Credit Limit review and authorization in the system  - Age analysis review and bad debts provision review  - Monthly schemes, discount and price groups update in the system.  Working capital management:  - Review all orders of for materials and equipment to ensure optimal stock and price  - Ensure timely collections of receivables  - Manage payments optimally.  MIS:  - Monthly P&L, balance sheet, cash flow, working capital management reports  - Reporting the budget v/s actual variance in MIS  - Monthly report of construction costs vs budget.  Budgeting & Reporting:  - Preparation of Master Budget for the Business Units  - Preparing all construction and control reports on a monthly basis and review the budget v/s actual by the Business Units  Tax matters:  - In coordination with Group, coordinate all tax matters and ensure compliance and timeliness.  Remuneration Structure: Overseas Salary/ Savings (Tax Free, Transferred to NRE Bank A/c in India) + monthly local salary + Bonus + Fully furnished Family accommodation + Education for 02 children in Indian Language School, Lagos + company car with driver + Domestic maid allowance + Medical + Insurance + LTA to the home country once a year with 30 days leave.  Sanjay Sharma  Assistant Manager Resourcing  AKNA Management Solutions Pvt. Ltd.  Mobile: +91-9250003505

Africa

Others

Financial Controller - Real Estate 

Financial Controller - Real Estate  ,Job Description for Financial Controller - Real Estate  in AKNA Management Solutions Pvt. Ltd. in  Africa Others for (10-18) years of experience. Apply Now!

Job Description for Financial Controller - Real Estate  in AKNA Management Solutions Pvt. Ltd. in  Africa Others for (10-18) years of experience. Apply Now!