Finance Manager - Commercial at MSI Reproductive Choices

Role Overview

The Commercial Finance Manager will oversee the financial operations of MSI Nigeria Reproductive Choices centres and social marketing channels, ensuring compliance with applicable financial policies and extant regulations. This role involves managing the commercial team, developing financial strategies and analysis on marketing operations, debt management for centres and social marketing, and supporting the commercial director with financial insights and recommendations.

Key Responsibilities

Financial Management

• Oversee the preparation of accurate and timely financial statements and reports
• Produce high-quality financial analysis of centre and social marketing operations, including daily analysis reports of primary and secondary sales
• Prepare comprehensive monthly financial reports and management accounts, identifying variances and proposing corrective actions
• Analyze financial data to identify trends, variances, and areas for improvement
• Monitor expenditures against planned budgets and unfunded costs based on service income generated
• Perform monthly bank reconciliation checks and approvals for commercial banks and ensure accurate recording of cash balances for operational efficiency
• Ensure monthly and bi-weekly balance reconciliations are correctly completed and archived appropriately
• Map sales receipts to appropriate distributors to ensure proper debt aging for the social marketing channel
• Ensure timely posting of social marketing sales receipts and service income on a monthly basis
• Monitor debtors' aging and flag issues on a timely basis with Regional Sales Managers and social marketing team

Budgeting and Forecasting

• Work with the Grant Unit, Programme Department, and other stakeholders in the budgeting process, including developing annual budgets, rolling forecasts, and P4 or P7 forecasts
• Work with the Grant Unit to provide financial forecasts and projections