Overview
UpMan Placements is inviting applications for an exciting career opportunity with one of our leading clients from the Dairy industry.
Role: Dairy Finance Manager
Job Location: Ogere, Nigeria
Education: CA / CMA / CPA
Experience: 5 to 10 years
Age: 30 to 45 years
Job Responsibilities:
– Prepare the Annual Business Budget in collaboration with all business units and functions, and submit it to the Board of Directors for approval as per the schedule
– Prepare the Mid-Year Business Budget together with all business units and functions and submit it to the Board of Directors for approval as per the schedule. The mid-year budget should ensure alignment with the company’s objective for revenue, sales volume, and profit growth
– Manage the monthly, half-yearly, and yearly consolidated profit and loss account of the company to achieve budget targets, along with the individual profit and loss accounts of different business units through GMs/BU Heads
– Develop high-quality SOPs with the team to improve and sustain efficiency in key finance operations
– Oversee the company’s financial performance, including asset management, cash flow, banking relations, SAP management, risk management, audits and investments
– Ensure periodic stock audits and take necessary steps for improvement
– Conduct monthly, half-yearly, and yearly financial analysis for the business group
– Develop job descriptions for all positions in the finance department, through HR, and design an efficient KPI system for all roles, utilizing a Matrix Management approach
– Establish and enforce an Authorization Management System, empowering the team to make timely and effective financial decisions
– Analyze financial challenges and provide solutions to ensure smooth operations and growth within the Finance department
– Organize and lead financial management, including cost management, budget planning, accounting, audit supervision, and inventory control, to strengthen the company’s financial standing and improve economic benefits
– Oversee the execution of internal audit activities to ensure financial accuracy and compliance
– Ensure the company’s compliance with national financial laws, regulations, guidelines and policies, safeguarding shareholder’s rights and interests
– Review and analyze major financial contracts and agreements and provide recommendations for strategic financial decisions
– Serve as the company’s representative in the financial matters, maintaining strong relationship with external departments and institutions
– Prepare monthly, quarterly, half-yearly, and yearly financial statements
– Ensure tax compliance with accurate projections based on business volume and proper financial record-keeping
– Manage and oversee the organization’s taxation affairs, liasing with external tax firms for specialized advice
– Ensure all external agencies are handled efficiently, preventing any legal or administrative issues that could damage the company’s reputation or lead to financial burdens
– Manage relationship with external auditors, ensuring compliance with accounting standards and regulations
– Manage hedging and foreign currency transactions, if applicable
– Oversee the company’s banking and borrowing arrangements
– Ensure funds are available for purchases (both international and local) to sustain business operations
– Ensure adequate funding is allocated for new projects, including order equipment and initiating project startups
– Manage fund transfers between different bank accounts and maintain strong relationship with banks to facilitate loans and financial transactions
– Ensure accurate accounting to prevent financial losses and verify the adequacy of all payments
– Assess financial risks and implement mitigation plans, including insurance coverage for warehouses and other company assets
– Implement risk management framework to ensure the business has a solid financial risk strategy in place
– Provide financial recommendations and best practices to optimize revenue generation and cost reduction
Technical Skills:
– Advanced proficiency in ERP systems (e.g. SAP, Tally) and financial modelling tools (Excel, PowerBI)
– In-depth knowledge of FIRS, PAYEE, tax regulation and compliance standards
– Experience in risk management is a PLUS
Contract Terms and Expat Benefits:
– Two years contract period, renewed on mutual consent
– Air Tickets, Work Permit, Visa provided by employer
– Quarterly Salary (Basic + KPI payout) + Annual Bonus at Diwali time
– Paid leave – Once in a year- economy class ticket to Mumbai / Delhi / Chennai / Kolkata or Bangalore)
– Medical cover , Personal accident cover in Nigeria.
– Bachelor status stay – free accommodation arranged by Company in a secure complex near the workplace. Individual comfortable air conditioned big room with ensuite bathroom. We don’t give separate individual houses or flats in single status.
– Company organized Cooks given to make Indian food – shared kitchen with other Indian staff at location. Meal item costs are shared too with them.
– Shared House girl for cleaning room / washing clothes / ironing etc.
– Gym , entertainment parlor with Karaoke , DSTV available in the complex etc.
– Departmental vehicles available for official or personal usage (may have to be shared based on availability)
– Free internet , drinking water from company
– Laptop allowance for using personal laptop for company work.
– Reasonable number of Uniform shirts for office wear.
– Work – Monday to Friday 8 am to 5 pm . Saturday 9 am to 2 pm .
– Well established team under this role ( All local Nigerian Talent ) – this is not a new role