Finance Controller at Fadac Resources and Services

Fadac Resources and Services – Our client is a large consumer durable distribution conglomerate with more than 3000+ trade partners across the country. Her business model goes beyond fulfilment to provide our customers and suppliers a unique combination of operational excellence and service efficiency. Due to expansion, they are in need of a suitably qualified candidate to fill the position below:

Job Title: Finance Controller

Location: Lagos

Key Responsibilities

• Overall revenue in line with agreed costing
• Discounts given are in line with the agreement with policies
• Costing file is prepared in line with company policies are duly adhered to
• Directionally profitability is in line with budgets and work with BH on the same
• Timely and accurate reporting as agreed
• Overall Internal and Management audit reports
• Overall sanity in credit control and AR
• Establishing a mechanism/checklist to ensure operations are under control
• Overall governance in CAPEX management
• Overall statutory compliance work
• Creating a productive, happy team
• Developing skill sets of team members and initiating external intervention if required
• Having a clear understanding of interest cost expected vis a vis budgets
• Ensuring the accuracy of interest cost debited
• Ensuring financials reflect the correct cost debited
• Developing & Implementing an action plan to reduce interest cost
• Having a clear understanding of other charges debited by the bank
• Ensuring accuracy of debits
• Ensuring financials reflect the correct cost debited
• Completeness and accuracy of bank reconciliations & ensuring no open items beyond 30 days
• Completeness and accuracy of cash reconciliations & ensuring no open items beyond 30 days
• Ensuring all channels of inflow are categorically understood and optimized
• Timeliness/completeness and accuracy of inflow related areas
• Timely and correct accounting of Inflow’s
• Ensuring the accuracy of all outflow  and timely accounting of all outflows
• Ensuring collection plans are driven to meet them
• Ensuring completeness & accuracy
• Ensuring financials reflect the correct status
• Ensuring there are no overdue unless agreed

Key managerial competencies required for the role:

• Integrity
• Planning & organizing
• Meeting commitments
• Resource management
• Result orientation
• Personal motivation & initiative
• Problem solving/analytical ability
• Information gathering

Job Requirements

• Graduate of Accounting or Finance is preferred, Must be a Chartered Accountant
• Minimum of 10 years of experience in commercial, finance, accounts and costing – exposure to manufacturing of especially flexible Packaging will be added advantage.
• Ideally 5 years’ experience in Africa
• Good experience of working with multiple business heads and managing large team multi-cultural staff. The candidate must be commercially savvy, with business

Application Closing Date
31st July, 2020.