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Financial Controller Vacancy at a pharmaceutical Company

Stresert Services-Our client is a leader in the pharmaceutical retail chain in West Africa.

Job Position: Financial Controller (pharmaceutical/FMCG)
Job Location: Victoria Island, Lagos                                       
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:

Experience

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
Skills

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
How to apply
Qualified Financial Controllers with experience in a related industry should send CVs to ‘recruitment@stresertservices.com’ using ‘FC-PHARMA’ as subject of mail.
Application Deadline
21st December, 2016.

Note: Qualified candidates will be invited for interviews.

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