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Financial Controller

Company HealthPlus Limited
Reference # HP/FC/08
Published 02/08/2019
Contract Type Permanent
Salary Market Related
Location Lagos, Lagos State, Nigeria
Introduction
HealthPlus Limited, Nigeria’s first integrative pharmacy, is the fastest-growing pharmacy chain in West Africa. We are committed to our mission of helping people achieve optimum health and vitality, while delivering superior value to stakeholders. Our vision is to be Africa’s #1 for pharmacy, wellness and beauty. Recently, we secured significant foreign investment from our partners to scale up our network of retail outlets and our online business. This strategy will give us unparalleled reach across the country and beyond.

CasaBella Beauty, is a one-stop store for beauty and grooming solutions for men and women. CasaBella International was incorporated in 2008 and became the exclusive distributor for Revlon in Nigeria. The first CasaBella store opened in Lagos in 2010 and today, CasaBella Beauty is the fastest-growing retailer of beauty supplies in West Africa.

Our success is based on our great people, great values and a winning corporate culture. Our people are passionate, driven and committed to continuous learning in order to maintain our edge. Our testimonial is that we are proud to be members of the HealthPlus family as we are offered a strong platform to explore our potentials. We believe in best practices always and therefore employ and retain the best talents.

As we expand our frontiers to redefine the world of health & beauty in Nigeria, we are looking for result driven individuals who will roll up their sleeves and share our passion & success. People who will join our team of highly motivated professionals who get the job done!

No matter what your job title is, the work you do at HealthPlus supports the health and well-being of the millions of men, women and children who turn to us for care. That is because all of us - from our talented business professionals at the head office and our experts in our retail locations who serve our communities - are committed to providing the best possible service experience.

With locations across Nigeria, we offer the opportunity to build a rewarding career in an environment that supports your success.
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Job Functions Accounting,Banking,Finance,Management Consulting,Retail
Industries Accounting,Accounting & Auditing,Banking / Finance & Investment,Bookkeeping,Financial Services,Fmcg (Fast Moving Consumer Goods Sector),Food & Beverages,Pharmaceutical / Medical / Healthcare / Hygiene,Professional Services,Retail
Specification
Report to the Chief Financial Officer

Financial Controls

•Take responsibility for ensuring the accuracy of the accounting and control information held in and reported from the Organisation’s
accounting system
•Support the CFO in developing and delivering the Organisation’s financial and business strategy
•Continuously review of financial, control and management information systems and procedures, implementing improvements across the
organization in consultation with the CFO
•Update, review and document the Organisation’s financial policies and procedures
•Ensure compliance with statutory and regulatory requirements
•Ensure accuracy of financial and related information held outside the finance systems, such as HR, budgeting systems, etc
•Improve the systems surrounding all aspects of the Organisation’s budgets, forecast and business planning
•Produce the monthly management accounts and other reports as required for senior management and the Board
•Prepare and analyse cash flow statements, income and expenditure accounts and balance sheet accounts
•Assist in the production of the draft year end accounts, supporting schedules and liaison with the auditors
•Ensure all company assets are accurately accounted for and monitored
•Plan projects exploring potential problems or opportunities, ensuring that resources and staff are available to execute the project. Carry out
any necessary research, analyse it and conclude on that information
•Support and advise staff on contractual and other ongoing arrangements with suppliers

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 and creditors 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 finance systems, providing necessary
information/training to direct reports

Management Responsibilities

•Provide management direction and development support to the finance team
•Take responsibility for the performance management of the finance team
•Provide advice, support and training on financial issues to the Organisation’s staff
Requirements
oA Bachelor’s degree or HND in Accounting/ Accounting/ Finance from a reputable institution
oThe ideal candidate must be must be ICAN/ACCA certified
oA Master’s degree in Accounting, Finance or Business Administration is an advantage
oMinimum of 12 years relevant work experience in a structured organisation, 5 years of which must be in a managerial role
oThorough knowledge of accounting principles and procedures
oDemonstrable understanding of advanced business finance and performance analysis
oStrong budget and management skills, including proven project and process management ability
oExperience with general ledger functions and the month-end/year end close process
oExperience with creating financial statements
oPossess sound knowledge and working experience of IFRS Accounting
oCreative and critical thinker with high attention to detail
oStrong analytical and problem solving skills
oHighly professional and ethical with ability to maintain confidentiality
oDemonstrated process improvement skills
oExcellent people management and development skills
oPossess excellent leadership and business partnering skills to achieve results through organisational resources
oDemonstrated ability to achieve high performance goals and meet deadlines in a fast paced Environment
oProficient in the use of financial management software (e.g. SAGE/SAP)
oExperience with ERP software and BI tools
oIntermediate to advanced practical Excel and accounting applications/software user and administration skills
oFamiliarity with all Microsoft packages with advance spreadsheet skills
Job Closing Date 23/08/2019
   
   
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Last Updated: 30-7-2020 [20.07.03.04]
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