Group Finance Controller - FMCG

JOB DESCRIPTION

Job Summary

- Develop the Annual Financial Budget and the 3-year Annual Operating Plan (AOP) for Nigeria and group companies.

- Support the Managing Director in the creation and enhancement of shareholder value through the development and execution of business strategies.

- Implement and sustain finance processes and lead cost effective stewardship of the company’s assets and operations.

Duties & Responsibilities

- Develop and monitor the capital expenditure plan for the group

- Forecast the funding requirements and assess impact on the balance sheet and cash flow

- Prepare the consolidated financial budgets and present to the Board of Directors of CB/MAK Holdings

- Develop financial planning analysis and justification for any major projects including items such as capital expenditures, acquisitions, new product or pack launches, capacity enhancement and cost reduction strategies

- Prepare and present the Monthly Operating Statement (MOS) and KPI’s for the management committee (MANCOM), highlighting areas of process improvements to reduce cost

- Provide timely monthly results reporting to CB/MAK Holdings

- Coordinate the preparation for both the half-year accounts prior to publication for the Board of Directors as well as the statutory audit of annual accounts

- Report in a timely manner sales and cash reconciliations as per SOP

- Ascertain that the company has appropriate insurance policies covering all areas of operations and is in compliance with statutory and commercial requirements

- Liaise with the National Stock Exchange, Accounting Standards Board, Securities and Exchange Commission and other regulatory authorities on compliance matters

- Coordinate the Annual General Meeting

- Monitor the legal cases of the company

- Ensure tax planning and compliance with the tax administration authorities

- Improve and monitor the Internal Audit policies and procedures of the group on a regular basis

- Ensure the internal audit activities of all the regions and group companies is compliant with company SOPs

- Develop a tracking system to ensure proper stock and cash controls are being adhered to in the regions and at the depots

- Monitor compliance with the recommendations of the regional internal audit report(s)

- Develop and monitor cash flow forecasts

- Ensure strict adherence to policies on bank account reconciliations

- Negotiate with banks on pricing and tenure for working capital financing

- Ensure adequate lines of credit are maintained for CAPEX and on-going imports payments

- Monitor currency exposure and risk on a regular basis

- Monitor regional accounts receivable

- Build an effective team based environment and motivate employees to optimize their performance by applying PMP

- Comply with company’s set values and standards

- Other tasks as required by the job and/or management

Job Requirements

Education - Chartered accountant, ACCA, ACMA and a finance degree from an accredited business school

Experience - 15 years of work experience in various financial roles with at least 5 years in a CFO role in a large multinational. Experience in the soft drinks industry a plus

Competencies:

Generic -

Communication / Listening

Culturally Sensitive / Manage Diversity

Dealing with ambiguity

Ethics & Integrity

Interpersonal skills

Negotiation / influencing Skills

Problem Solving & Decision Making

Results Oriented

Strong leadership skills

Take Initiative

Team player

Time management

Specific -

Advanced Business Acumen

Financial Analytical Skills

Risk management