Address : 9 / 10, Engr. Yemi Oguntominiyi Close, Lekki, Lagos.
About Aureole Consulting Limited’s Job offer
Job title : Finance Manager
Quick Recommended Links
Job by industries
Our client is an international food and beverage brand with operations in Nigeria and various cities in within Africa.
The Finance Manager is responsible for financial analysis, planning, and budgeting for the company across the 3 brands, creating consolidated reports to present to senior leadership.
The position is also responsible for managing reporting, G&A spend, capital investments, AR / AP management, relationship with Auditors, Consultants, and Tax Authorities, and a variety of ad-hoc analyses in order to maximize profitability for the brand.
The Finance Manager has a team of four direct reports and reports directly to the Managing Director. In addition, the position works with other functions within the organization including : Operations, IT, Marketing, and Supply Chain.
Why This Role Is Important
Our client is a growth company with ambitious goals. They know that they can only make their dream a reality by having the right talent in the right places.
The Finance Manager will support the growth of the brand by leading all financial planning, budgeting and analysis to support decision making and future growth initiatives.
Financial Planning and Analysis
Manages the end-to-end process of developing budget (annually) and full-year forecast (monthly), including different components of the P&L (Franchisee EBITDA, G&A, etc.
and KPIs (same store sales, net restaurant growth, system-wide sales growth, etc.)
Lead and own annual budgeting process responsibilities
Lead and own monthly forecasting process responsibilities
Assess financial performance and identify opportunities for growth
Identify and mitigate risks that could impact financial performance
Manages monthly reporting process for closing and performs variance analyses, comparing actual results to budgets / forecasts and prior year results for internal reporting for executive management;
responsible for ensuring accuracy and timeliness of the content
Builds financial models / analyses used to support business decisions by Senior Management, including trend analysis, cash flow projections and various other models
Partner with functional teams to review actual spend and proactively work to find savings recommendations
Provide monthly and quarterly updates to the leadership
Analyzes and solves complex problems related to financial reporting; applies existing and new solutions in creative ways for themselves and others (internal accounting, business leaders, executives).
Lead and own annual budgeting and monthly forecasting processes for all capital expenditures
Own monthly closing process to analyze variances vs. budget and forecasting
Presents capital expenditures analysis
AR / AP Management
Manages all process with accounts receivables, accounts payable, property teams related to bad debt management, transaction reconciliation and others.
Monitor timely collections of all accounts receivables
Provide and monitor action plans for past due accounts
Monitor all payables and categorize them
Preparation of tax computation and tax estimates
Submission of monthly VAT, CT, WHT returns
Preparation of monthly cash flows
Liaison with auditors and tax consultants
Supervising a group of account assistants and overseeing the daily operation of the Finance Department
Finance or accounting degree; MBA preferred (but not required)
5+ years of professional experience, with at least one year as a Finance Manager in a mid-large organization.
Previous experience with the big four accounting firms will be an advantage.
Preferred experience in FP&A or related field
Preferred experience in QSR or related industry (but not required)
CPA or CFA preferred (but not required)
Proficiency in Microsoft Office applications
Experience with Microsoft Dynamics, SAP B1 or ODOO or comparable software preferred