Job Openings at Food Concepts Plc
Food Concepts commenced operations in 2001. From inception, our aim has been clear-cut and focused: to revolutionize the food sector in West Africa and to deliver extraordinary satisfaction to our stakeholders.
Since launching in 2004, Chicken Republic (Subsidiary of Food concepts) has already opened 55 stores in Nigeria and Ghana. On this basis, we are proud of the brand’s hard-earned reputation as the fastest growing chicken QSR in West Africa and the number 1 chicken QSR in Nigeria (both in revenues and number of outlets). In addition, Chicken Republic was ranked as one of Nigeria’s top 20 brands across all categories (Financial Standards Awards 2009).
We are recruiting to fill the following positions below:
1.) Financial Planning and Analysis Manager
Job Location: Lagos
Employment Type: Full Time
Job Purpose
- To lead the financial planning & Analysis, budgeting, forecasting and multi-year financial models towards driving insightful and purposeful decision making and strategic business planning.
- To ensure product pricing and optimization, menu mix reporting, group financial analysis, Investment appraisal, return on investments, and special projects such as valuations, mergers and acquisitions.
Core Responsibilities and Key Result Areas
Strategic Business Analysis and Management:
- Perform various ad-hoc analyses to help drive insights into business performance and work with various stakeholders to understand financial implications.
- Consolidate data, monitoring variances and performing several what if scenarios on the key metrics
- Manage and create financial analysis, commentary and thought leadership on product performance including preparation, communication and presentation of financial reviews and recommendations for the organization
- Conduct checks and confirms business performance with strategic alignment and communicating the results
- Compute and track indicative share price
- Support financial analysis on new products development
Operational Management:
- Build and align team around key deliverables, including proper delegation of duties and responsibilities to ensure timely and accurate performance against all key deliverables
- Review investment appraisal results to determine if the projects meet the required group ROI
- Build and cost special orders
- Provide competition intelligence reports
- Review menu mix reports by stores and region
- Supervise and update the store pricing templates as required
- Review new stores performance analysis, identify the challenges (if any) and make recommendations
- Review and track progress on stores targets for product action
Financial Reporting and Management:
- Identify pricing and process improvement opportunities and disseminate best practices
- Prepare monthly KPI forecast analysis
- Coordinate and review stores product action targets and variance and prepare report based on the outcome of review
- Prepare annual budget and analysis including assessing YTD trend, global and macroeconomics analysis review and develop forecasts for prospective year
- Work closely with the Treasury Department and other functions and develop a group cash flow forecast for the HOD
- Coordinate the preparation of each Division Pacesetter Dashboard, review and send report to HOD
- Interact with financial advisers and investors to provide support to the business in key decisions regarding acquisition and sale.
Key Performance Indicators:
- Achievement of Company Sales, EBITDA, GP, PAT targets
- Achievement of prompt budget and forecast preparation
- Achievement of Individual Personal Development Plans
Job Specifications
- A good first degree in Accounting /finance
- Possession of a Post graduate degree in Accounting/Finance or related degree is an added advantage
- Membership of the ACCA, CFA, ACA or any other related professional qualification is required.
- Minimum of 6 years’ experience in a similar role or in a strategy related role.
- Experience in a Consulting firm in a similar role is an asset
Knowledge Requirements:
- Deep understanding of the QSR/Food Industry
- Knowledge of financial model & analysis
- Knowledge of Manufacturing and complex accounting systems
- Knowledge of strategy formulation and reporting
- Knowledge of SWOT analysis and PESTLE
- Knowledge of forecasting and budget planning
Decision Expectations:
- Acts on defined procedures and decisions
- Enforces agreed decisions
- Plans own work schedule and work schedule of subordinates
- Assigns work to subordinates
- Monitor subordinates’ work performance
- Appraises/evaluates subordinates’ performance
- Recommends operational, strategic and financial decisions.
2.) Graphics Designer
Job Location: Lagos
Employment Type: Full Time
Job Purpose
- To create visual concepts to communicate ideas that inspire, inform, or captivate customers.
- To develop the overall layout and production design for advertisements, campaigns, magazines, and corporate reports.
Core Responsibilities and Key Result Areas
- Study design briefs and determine requirements
- Schedule projects and define budget constraints
- Use the appropriate colors, fonts and layouts for each graphic
- Work with copywriters and creative director to produce final design
- Test graphics across various media
- Conceptualize visuals based on requirements
- Prepare rough drafts and present ideas
- Develop communications for the brand using required software(s)
- Amend designs after feedback
- Ensure final graphics and layouts are visually appealing and on-brand
- Collaborating with the team to launch projects.
- Create Exciting creatives for social media campaigns (still images, motion images, videos etc.)
Key Performance Indicators:
- Response time
- Time to the first draft
- Social Engagement Numbers
- Knowledge Requirements
- Alignment to requirement (%)
- Standard Compliance
- Good knowledge of administrative rules and regulations
- Knowledge of the business and Food industry
Job Specifications
- Degree in Design, Fine Arts or a related field is a plus
- A strong portfolio of illustrations or other graphics
- Proven graphic designing experience
- Experience using design software and technologies (such as Photoshop, Corel Draw, Premiere Pro, After Effect)
Decision Expectations:
- Evaluate existing brand visuals and provides improvements to changing organisational priorities and market trends
3.) Finance Officer
Job Location: Lagos
Employment Type: Full-time
Key Responsibilities
- Processing of suppliers / vendor invoices for payment
- Maintaining the creditors’ schedule
- Ensure daily/weekly collection of Bank statements and confirmation of cheques
- Confirm all retirement before another cash advance is processed for a staff
- Ensure posting of items received by the store into appropriate Trade Creditor’s account
- Verify all intercompany transactions across businesses - review and sign off on all intercompany transactions across the divisions
- Manage all forms of payment (internet banking, Remita, interswitch etc)
- Keeping the financials documents organized and filed
- Detect and eliminate errors in payment request
- Confirm on monthly basis that charges on COT and Interest are in line with the agreed rate.
- Perform any other related duties from time to time
Educational Qualifications / Experience
- Minimum of university degree or HND Accounting, Finance or related discipline
- Minimum of 1 years of post professional qualification experience.
Skills, Competencies and Requirements:
- Skill to improve risk management through reduction/transparency of cash balances
- Banking transaction execution and settlement skill
- Cash and investment reporting skill
- Compliance to audit observation as to the segregation of duties with reference to back office functionality of recording transactions through a systematic driven authorization/execution process
General Management Competencies / Requirements:
- Strong Oral and Written Communication skills
- Good Presentation Skills
- Relationship Management
- Strong Problem solving skills
- Ability to plan, schedule and coordinate effectively
Desired Personal Attributes:
- Integrity
- Proactive self-starter
- Assertive and tenacious
- Ability to work with little or no supervision
- Ability to work with all levels of management, build partnerships and teams
- Highly organized and able to adapt quickly to changing priorities
- Ability to cope with and work under pressure
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