Finance Manager / Head of Account at J3 Foods and Stores International
J3 Foods and Stores International
Lagos, Nigeria
Permanent
Published 1 month ago · Expires 3 weeks from now
Job description
## Title: Finance Manager / Head of Accounts
About the Role
This position offers a great opportunity for career growth within J3 Foods and Stores International. You will lead the financial operations across all outlets and mentor a team of Account Officers.
Key Responsibilities
- Ensure all financial transactions and records are accurately maintained for J3 Foods and Stores International
- Prepare timely and accurate financial statements (monthly, quarterly, annual) for all outlets
- Ensure accurate reconciliation of inventory transactions (purchases, movements, write-offs) in alignment with accounting standards
- Collaborate with the warehouse department to validate stock reports and minimize discrepancies between physical and book inventory
- Review and approve balance sheet reconciliations (bank, inventory, receivables, payables)
- Manage and mentor Account Officers across all distribution outlets
- Conduct monthly performance reviews and ensure adherence to accounting procedures
- Implement standardized accounting processes across all locations
- Resolve complex accounting issues escalated by Account Officers
- Approve payment vouchers, petty cash, and bank reconciliations
- Ensure payroll is processed correctly and on time, including accurate deductions and remittances
- Manage and monitor payment systems to verify incoming payments
- Oversee cost accounting and ensure proper allocation of expenses
- Implement cost-saving measures without compromising operational efficiency
- Monitor trade promotions, discounts, and rebate accounting
- Validate sales reports and ensure revenue recognition aligns with accounting standards
- Ensure timely filing of VAT, corporate taxes, and other statutory obligations
- Stay updated on changes in tax laws affecting FMCG distribution
- Implement internal controls to prevent fraud and errors
- Train Account Officers on new accounting processes and policies
- Prepare financial reports for MD/CEO and General Manager
- Advise management on investment opportunities and ways to improve profitability
Requirements
- Relevant professional qualifications in finance or accounting