Experienced Finance Manager

J3 Foods and Stores International

Lagos, Nigeria Permanent

Published 1 month ago · Expires 3 weeks from now

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Job description

A top employer is now accepting applications for this role. Key Responsibilities: - Ensure all financial transactions and records are accurately maintained for J3 Foods and Stores International. - Ensure timely and accurate preparation of 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. - mplement 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 to MD/CEO and General manager. - Advise the management on investment opportunities and ways to improve profitability.

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