Head of Finance Vacancy in a Leading Luxury Cosmetics Company

⏲ Jan 2, 2016, 11:22 AM
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Productive People - Our client, a leading luxury cosmetics brand in Nigeria, is recruiting to fill the position of:

Job Title: Head of Finance

Location: Lagos
Reporting Relationships:

Functionally reports into: Managing Director
Administratively reports to: Managing Director
Supervises: Inventory Administrator & Accountant, Account Officer

Job Objective(s)

To facilitate the execution of best practice financial management processes and maintain good relationships with local and international financial institutions, government agencies, consultants etc.

Duties & Responsibilities

Financial Accounting & Treasury Management and Reporting
Ensure Proper record keeping of all financial records for adequate reporting
Ensure all ledgers are reconciled and updated monthly (i.e. Creditors Ledger, Debtors Ledger, Prepayment Accounts, etc)
Ensure Monthly business performance reporting (Profit & Loss Account, Balance Sheet, Cashflow Analysis, Sales Analysis, etc)
Manage Organization’s Tax matters
Ensure Monthly provision of Business
Safeguard all company’s assets
Monitor payment processes (Suppliers, Salaries, etc).
Ensure Monthly preparation of Bank Reconciliation Report
Develop and maintain credit control Policies and Processes
Manage cashflow and collections within the outlets
Design and maintain effective internal control systems
Ensure Monthly reconciliation of all outlets

Planning & Control:

Prepare corporate Annual Budget and variance report
Ensure budgetary Analysis and control

External relationship Management:

Manage relationship with banks
Maintain cordial relationship with Suppliers and Debtors.

Inventory Control & Store Management:

Ensure products received and issued are properly documented and are in good condition with secured packaging not tampered
Ensure accuracy and efficiency in bar-coding and tagging of all received goods.
Ensure reconciliation of waybill of actual goods received against shippers packing list and contact the supplier through the Merchandise Buyer to resolve discrepancies.
Issue dispatch instructions to dispatch riders and drivers and provide routing information to ensure that delivery times and locations are coordinated.
Plan, develop, and implement warehouse safety and security programs and activities
Verify inventory computations by comparing them to physical counts of stock and investigate discrepancies or adjust errors.
Determine and ensure proper storage methods, labelling, identification, and location of merchandise based on quantities, fabric types, environmental factors and physical capabilities of facilities.
Prevent inventory shrinkage
Train and evaluate performance of store personnel.
Schedule and monitor surface pickup, delivery or distribution of merchandise or materials
Ensure the processing and reconciliation of outlets orders and their delivery
Monitor demand and supply of goods from outlets
Review invoices, work orders, reports, and demand forecasts to estimate peak delivery periods and to issue work assignments.
Ensure proper arrangement of goods for easy identification and retrieval
Supervise and maintain good relationship with transporters, clearing Agents to ensure quality and timely service delivery