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Company Info

Large organization

BIC Nigeria

200 + Employees

BIC Nigeria is Africa’s leading Agribusiness firm, addressing agricultural challenges and assuring food availability via effective farming and food production technologies, therefore elevating agribusiness models.

Title: Finance Manager

Location: Lagos

The Role:

  • Responsible for the efforts, results, and success of an organisation’s finance department. Provides financial advice and support to help senior executives make key decisions.

Responsibilities:

Financial:

  • Heading up the Finance Department of the Nigerian Subsidiary.
  • Oversee, review, and adhere to the company’s financial transaction processing systems and build a strong financial discipline and accountability in the system.
  • Lead and perform monthly closing activities within deadlines (e.g loading of Net Sales, P or L, inventory, CAPEX, Balance Sheet into HFM; FX Revaluation, Account Payable Revaluation etc.).
  • Define with General Manager and Finance Director the annual spend targets for the different functions.
  • Ensure intercompany accounts are properly and timely reconciled in line with group laid down procedures.
  • Manage the accounting, tax, Financial Planning, and treasury units efficiently and effectively.
  • Ensure robustness of financials through proper and timely application of accounting guidelines; implement/apply controls as per Group policies and processes.
  • Update and implement financial policies and procedures.
  • Analyze and generate insights on Budget Performance to drive decisions and action plans.
  • Direct and supervise preparation of all fiscal reporting, such as, filling of all tax returns, Transfer pricing returns and management of company’s tax exposure/risk.
  • Ensure regular performance of inventory counts for all warehouses.
  • Supervise financial assistants and other employees in the facilitation of day-to-day operations, including tracking financial data, invoicing, payroll, etc.

Audit:

  • Ensure timely engagement of external auditors to carry out statutory audit in line with local laws and group requirements.
  • Maintain relations with external auditors and ensure timely completion of the statutory audit.
  • Review the findings and recommendations made by the internal & external auditors and take corrective actions.
  • Ensure that record keeping meets the requirements of auditors and government agencies.
  • Provide suitable directions and leadership during internal audit inspection and compliance monitoring.

Operations:

  • Work with the General Manager in running the business unit from a regulatory & an operational point of view.
  • Work with Functional heads and teams to build their annual Operating Plan, Rolling Forecasts, and monthly Risk & Opps. for both Opex and CAPEX.
  • Participate in the strategic planning process and key decisions such as business restructuring, annual operations plans, pricing decision, budgeting and rolling Forecasts.
  • Contribute on the deployment of Group Initiatives (eg., new procurement processes, tools, etc.) within the division.
  • Implement Standard Operating Procedures, operational best practices, and policies to improve the quality of company operations.
  • Develop business cases and financial analysis for new product launches.

Risk Management:

  • Ensure that all the company’s financial practices are in line with statutory regulations and legislations.
  • Monitor all open legal issues relating to financial matters.
  • Maintain and administer internal control and compliance policy ensuring that all key risks are covered by appropriate rules.
  • Report risk issues of the entity to the Board of Directors.

Others:

  • Manage the company payroll alongside with the HR to ensure hitch free payment and adequate reporting.
  • Establish and implement a training program for new finance employees.
  • Work with human resources units to secure candidates who will be an asset to the finance department.
  • Serve as a Business Partner to a broad range of stakeholders (R&D teams, Marketing, S&D, Sales, IT, Procurement, Human Resources…) in the execution of their Strategic and Operating Plans.
  • Respect BIC culture and contribute to the execution of BIC’s innovation agenda.

Qualifications:

  • Advanced degree in accounting/business/finance
  • Experience leading the finance function with direct reports
  • Experience in the consumer goods industry and a blend of consulting is a strong plus

Deadline: Not Stated

How to Apply: Interested candidates should Click Here to apply online.

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