Ongoing Recruitment at Adexen

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Ongoing Recruitment at Adexen
Location: All Nigeria
Last update:

Ad description

Adexen is a global Human Resources Company providing business services in Europe and Africa.
We support companies in all industries in the fields of HR, Legal, Finance, Sales & Marketing, Engineering and Supply chain.

Job Title: Chief Finance Officer

Job Field
Finance, Accounting, Audit

General Business
Direct and coordinate all Accounting, Finance functions and activities of the company in order to ensure the smooth and efficient running of the Department
Ensure compliance with statutory authority and audit requirements
Maintain integrity of Accounting system software, ensuring it remains effective and operational at all times
Ensure all taxation and legislative requirements are complied with at all times
On a monthly basis conduct balance sheet reconciliation for review by Directors
Where inconsistencies in reconciliations emerge, take remedial actions or refer to relevant personnel as appropriate
Update “chart of accounts” monthly to reflect account management activities
Provide assistance and direction to the business entities regarding financial matters

Finance Administration
Ensure the monthly reconciliation of all ledgers and sub-ledgers
Ensure daily on-line reconciliation of bank accounts across the various Banks
Analyse weekly business performance/results on an outlet by outlet basis, providing feedback to Senior Management
Review branch stock position comparing POS figures with financials, advice management on optimum stock levels at branch and warehouse
Track and monitor daily revenue for accuracy, verifying it against POS reports and Bank takings
Suggest and where approved, implement cost management strategies
Ensure monthly accruals are adjusted to meet demands of the business
On a monthly basis monitor and track debtors to ensure they are consistent with contract conditions
In conjunction with Directors, source and identify finance providers at competitive rates
In conjunction with IT Systems Administrator, coordinate and implement upgrades to QuickBooks, providing necessary information/training to direct reports

Budgeting, Forecasting & Reporting
Co-ordinate and prepare business plan financial forecasts, annual, monthly budgets, including operating and capital expenditure budgets
Ensure the accurate preparation, reporting of monthly, weekly financial results in strict accordance with Company deadlines
Where required, provide assistance, direction to managers with regards to the preparation of budgets
Ensure approved capital expenditure budgets are adhered to at all times
Collate all relevant information to produce end of year statutory accounts for the company
Ensure that end of year statutory accounts report is finalized by specified date and presented to Directors for review
On an annual basis prepare “budget reports” for review by Directors.
On a monthly basis track and review expenditure against set budgets providing Directors with a Budget Inconsistencies Report

Asset Management
Ensure all company assets are monitored and accurately accounted for
Ensure the fixed assets register is managed and maintained with strict adherence to fixed assets register procedure
On a monthly basis ensure the general ledger is reconciled to the assets register

People Management
Make self available as coach/mentor in assisting direct reports to develop in their positions
Ensure that relevant information is communicated to direct reports enabling them to effectively carry out their functions
Delegate tasks to direct reports in line with skill, knowledge and ability and identify skill gaps and training requirements
As required, become involved in relevant personnel matters including recruitment, induction, development, performance management, counseling/disciplinary and termination
Complete KPI assessment of direct reports within Company specified time frame
Ensure all reasonable steps are taken in order to achieve workplace harmony within the organization at all times.

Bachelor’s degree in Accounting, with 15 years minimum experience in a structured organization, 10 years of which must be in a managerial capacity.
Experience in a fast growing company or in the retail or fast food industry is an advantage
Professional membership of ACA, ACCA is an added advantage
Experience with ERP Software tools
Impressive Excel skills
Proven presentation skills to both finance and non-finance individuals
Passion for working with the business to achieve key goals
A critical thinker with high attention to detail
Strong commercial acumen
Demonstrated process improvement
Extraordinary interpersonal and communication skills


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