Finance Controller - Agri Commodity Firm - CA

Job Title: Finance Controller

Location - Lagos, Nigeria

About Business -

Grains is one of the 6 prioritized platforms in Olam The Grains business consists of 4 verticals: Wheat Milling (in sub-Saharan Africa), Origination & Trading (Origination in Black Sea and Latin America, Destination in Middle East & North Africa, Prop trading in Wheat/Corn/Soy), Animal Feeds & Proteins (starting in Nigeria, but plan to expand to 4-5 countries in Africa, Asia & MENA by 2020) and Ocean Freight (vessel charter, Prop trading).

The AFP business is setting up 2 large feed mills (annual capacity - 660 TMT p.a.) for producing poultry and fish feed in Nigeria. Besides this, we are also investing in West Africa's largest commercial layer & broiler breeding & hatchery facility to produce day-old-chicks (DOC). The steady state (2020) business turnover will be ~ $350m with a PBT potential of $30-40m, making it amongst the largest businesses for Olam Nigeria.

Role :

It's a leadership role wherein incumbent will partner with the business unit in the country (Business Head, Sales & Functional leads) to ensure P&L transparency & accuracy and to drive the business towards targets & operational KPIs achievement. As a successful candidate, you will be able to demonstrate the ability to link business decisions to financial impacts.

Key Performance Matrices include:

- Actively participate in the preparation of the annual budgets, comparison of actual performance against the budget, identifying and analyzing variance device and monitor the implementation of necessary actions

- Driving Business performance through analytics on Portfolio management / Category Development Reporting of Financials

- Responsible for transfer pricing etc. developing accounting & financial policies, systems controls for new & existing businesses

- Financial reporting - Timely MIS and Financials as per CC datelines and ensuring compliance of statutory datelines

- Legal, Regulatory & Statutory Compliance - ensure compliance with statutory authority and audit requirements

- Smooth operation of the MIS and computerized accounting system and take necessary actions for systems upgrading to cope with the changing requirements.

- Development and setting in place of an effective management accounting function within the organization, in order to provide leadership to organizational improvement initiatives.

- Identify and assess the relevant techniques to be adopted, and supervise and guide the management accounting towards implementation.

- Efficient management of the treasury function including projection of future cash flows, arranging adequate funds to meet day to day requirements and ensure that the disbursements are within the approved operational cash flows. This includes liaising with banks, monitoring of daily cash balances and submission of cash flow statements.

- To initiate, review, assess and implement programs to continuously improve the productivity of all processes and systems within the organization and to advise and guide the operational managers in carrying out workflow analysis and other techniques for systems improvement and cost management.

Requirements:

- Charted accountant with experience of 8-13 years

- Key strengths would be team management, problem-solving, decision making and value orientation