Adexen was mandated by an international FMCG Group to recruit an experienced Group Head of Finance for their operations. The position is based in Lagos.
Responsibilities
The Group Head, Finance will be responsible for Cost & Management Accounting, creating forecasting models, Budgeting,assessing risk in investments and ensuring all accounting activities comply with regulations for the Group. The role is also responsible for maintaining Group’s financial health and increase profitability.
Prudent Finance management with proper accounting and systematic reporting of activities and its analysis, being strong in all Commercial and Financial aspects. Prepare and oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
Ensure compliance with accounting standards, regulatory requirements, and international financial reporting standards (IFRS or GAAP).
Effectively assist to manage the working capital components with specific attention to stock, debtors and cash balances.Assist in long-term financial planning and strategic decision-making.
Active management of overheads whilst seeking out areas for efficiencies for savings.
Preparation of budgets, forecasts and business plans for the Company. Monitor budget performance and variances, making recommendations for adjustments as needed.Collaborate with senior management to develop and execute financial strategies aligned with the organization's goals and objectives.
Assess the financial impact of strategic initiatives and provide recommendations
Continued monitoring & review of performance to enable robust reporting of variances to the Board and third party stakeholders.Conduct financial analysis to assess the company's financial performance, profitability, and efficiency.
Identify key financial trends, risks, and opportunities and provide recommendations for improvement.
Analyze investment opportunities, mergers, and acquisitions.
periodic reports to the Group's Audit Committee explaining the processes adopted and undertaken by management to keep under regular review the effectiveness of internal controls covering financial, operational & compliance controls.
Desired Skills and Experience
Bachelor's Degreein Finance or Accounting from a recognised university
MBA is a plus
Professional Certification / Membership (ACCA..)
Minimumof 10year’s experiencein a similar senior management role preferably within an international corporation operating in theManufacturing / FMCG sector.