Finance Manager Job at Ziba Consulting

Ziba Consulting - Our client is recruiting suitable candidates to fill the position below:

Job Position: Finance Manager

Job Location: Lekki, Lagos

Job Summary

• Our client is seeking a dynamic and experienced Finance Manager to oversee all financial operations and contribute to the strategic financial planning of our retail business in Lagos. 
• The ideal candidate will have a minimum of 3 years of progressive experience in finance, specifically within the retail or a closely related consumer-facing industry. 
• This role requires a strong analytical mind, excellent leadership skills, and a proven ability to manage financial reporting, budgeting, forecasting, and internal controls to drive profitability and sustainable growth.

Responsibilities
Financial Reporting & Analysis:

• Prepare accurate and timely monthly, quarterly, and annual financial statements (Profit & Loss, Balance Sheet, Cash Flow).
• Conduct in-depth financial analysis, including variance analysis against budget and previous periods, to identify trends, opportunities, and areas for improvement.
• Generate insightful financial reports for management, highlighting key performance indicators (KPIs) relevant to the retail sector (e.g., sales per square foot, gross margin, inventory turnover).

Budgeting & Forecasting:

• Lead the annual budgeting process, collaborating with various departments to develop realistic and achievable financial plans.
• Develop regular financial forecasts (e.g., quarterly, rolling forecasts) to anticipate future performance and inform strategic decisions.
• Monitor budget adherence and provide actionable recommendations for cost control and revenue optimization.

Cash Flow Management:

• Manage daily cash flow, ensuring optimal liquidity for operational needs and strategic investments.
• Oversee accounts receivable and accounts payable functions, ensuring efficient collection and timely payments.
• Develop and implement strategies to improve working capital management.

Internal Controls & Compliance:

• Establish and maintain robust internal financial controls to safeguard company assets and ensure data integrity.
• Ensure strict compliance with all relevant accounting standards (IFRS/GAAP), tax regulations (e.g., VAT, WHT, CIT), and other statutory requirements in Nigeria.
• Liaise with external auditors during annual audits.

Strategic Financial Support:

• Provide financial insights and recommendations to support business development initiatives, expansion plans, and new product launches.
• Conduct financial modeling and analysis for potential investments or projects.
• Participate in strategic planning sessions and contribute to overall business strategy.

Team Leadership & Development:

• Supervise, mentor, and develop the finance team (if applicable), fostering a culture of accuracy, efficiency, and continuous improvement.
• Delegate tasks effectively and ensure team members meet their objectives.

Qualifications

• Bachelor's Degree in Accounting, Finance, Economics, or a related field.
• Minimum of 3 years of progressive experience in a finance role, with significant exposure to the retail, FMCG, e-commerce, or hospitality industries.
• Professional accounting qualification (e.g., ACA, ACCA, CIMA) is highly preferred.
• Proven experience in financial reporting, budgeting, forecasting, and cash flow management.
• Solid understanding of Nigerian tax laws and regulatory compliance.
• Proficiency in accounting software (e.g., QuickBooks, Sage, SAP, Oracle) and advanced Microsoft Excel skills (pivot tables, VLOOKUPs, financial modeling).
• Strong analytical skills with the ability to interpret complex financial data and translate it into actionable insights.
• Excellent communication, interpersonal, and presentation skills.
• High level of integrity, attention to detail, and accuracy.
• Ability to work independently and collaboratively in a fast-paced retail environment.
• Strong problem-solving and decision-making abilities.