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Financial Controller

54 FMCG

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Finance

Accounting and Finance

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5 years - 7 years

Position

2020-11-19

to

2020-11-26

Required Skills
Required skills have not yet been specified for this position this job
Fields of study
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Full Time

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Job Description

DUTIES AND RESPONSIBILITIES

  • Manage and control the company’s standard costing system, with responsibility for maintaining accurate standard costs across the entire product range, and reviewing and reporting on costs and variances
  • Ensure month end reports are delivered accurately and on time, with explanations of key trends and variances
  • Provide meaningful and accurate budgets and forecasts, manage all product costing, production and supply chain budgets and forecast cycles.
  • Annual review and update of standard costings
  • Monitor actual cost development, provide early warnings on deviations and advise on corrective actions
  • Ensure reliability and integrity of accounting records (accounts and cost centers, capex vs opex)
  • Create a high performing Finance team through leadership and individual/team development plans
  • Responsible for Surprise/monthly/Yearly stock count
  • Monitoring stock levels
  • Coordinate yearly financial audit and work with Tax team related to any tax audit
  • Prepare, review, control and validate Monthly Inventory Reporting and develop robust CAPEX tracking dashboard
  • Review regularly the performance of our supply chain operations and develop key performance indicators to support effective decision making and cost saving programs
  • In coordination with Finance teams, apply and put in place recommendations made by internal audit (or financial auditors) to guarantee compliance with financial standards and corporate governance.
  • Proactively, provide relevant business support to optimize profitability: working capital, stock reduction, business case, ROI, profitability analysis, cost savings opportunities, ad-hoc analysis
  • Monitor and analyze price pressure on manufacturing operations, to ensure we are continually understanding our cost of manufacturing in house and with 3rd parties
  • Business Planning and Capital investment program management to ensure the most appropriate process, business case and post reviews
  • Review of Capital Expenditure proposals and return on investment, with overall responsibility for fixed asset registers
  • Prepare, review, control and validate Monthly Inventory Reporting and develop robust CAPEX tracking dashboard.
  • Deliver the monthly financial report for the management including budget/forecast actual variance analysis and recommendations
  • Process adherence on NAV system related to Stock, General ledger, accruals, reporting Fixed assets and related reconciliations

Job Requirements

COMPETENCIES: -

Functional competency

Functional knowledge of manufacturing finance, Inventory & cost accounting is a must with 5 to 7 years of experience with FMCG background. There should be 2 to 3 years of experience in supervisory role and handling a team of 4 to 8 people.

Other competencies

  • Passion
  • Teamwork
  • Knowledge and Skills
  • Integrity
  • Ownership
  • Planning and Organizing
  • Influence
  • Analytical Thinking

QUALIFICATIONS REQUIRED

Education

  • MSc in Finance and Accounting/MBA /Part Qualified Accountant

Experience:

  • 5-7 years financial, commercial & market experience in accounting/analytical roles with FMCG sector experience and experience of managing teams.  

Must have experience of:

  • Business Performance evaluation
  • Budgeting & Forecasting for multiple business units
  • Good internal/external communicator being able to build strong relationships, influencing and presenting at a senior level  Desirable
  • Working experience in Ethiopia
  • Knowledge of local market environment & trends, government policy and regulatory requirements

How to Apply

Application instruction

Please title your application with subject line: -"Financial Controller - ASTCO "

Candidates meeting the above-required qualifications are invited to send their CV through   careers@54fmcg.com 

Only those applicants who meet the above criteria will be contacted for an interview.

Application deadline: November 26, 2020

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