Financial controller

ENYO Retail & Supply

Job Summary

A retail and supply company is recruiting to fill the position of a Financial Controller.

  • Minimum Qualification: Degree
  • Experience Level: Senior level
  • Experience Length: 7 years

Job Description

ENYO Retail & Supply is a customer-focused, technology-driven, fuels retailing company. Poised to deliver best-in-class retail experiences, leveraging complimentary brands and optimized returns to investors.

Poised to challenge some of the key tenets of Nigeria's fuels retailing industry, ENYO retail is founded on the premise that the customer is the most important factor to be considered in the development and execution of service delivery.

Job Summary

  • The role will provide operational leadership and direction to the Finance Team at ENYO. The incumbent is also responsible for the preparation of management accounts and reports and managing the working capital of the company.
  • The Job oversees all financial transactions and ensures the control systems in place are effective and adhered to.

Principal Duties and Responsibilities

Financial Management & Controls:

  • Assist the Finance Lead in respect of periodic financial reports to the Audit Committee explaining the processes adopted and undertaken by Management to keep under regular review the effectiveness of internal controls covering financial, operational & compliance controls
  • Assist in the risk assessment process and embedding a risk management culture throughout the organization.
  • Assume responsibility for credit control and compliance with the company’s credit policy
  • Effectively manage the working capital components of the Company with specific attention to stock, debtors and cash balances.
  • Actively manage the company’s overheads whilst seeking out areas for efficiencies for cost savings.
  • Review and ensure that bank reconciliations are performed regularly.
  • Review and ensure that creditors reconciliations are performed regularly.
  • Oversee processing of payments, monthly payroll and employee salaries

Preparation of Accounts:

  • Ensure the preparation of timely and accurate weekly flash results and reports for operational management.
  • Responsible for all journals and final General Ledger (GL) balances including a review of month-end balance sheet reconciliations and control accounts.
  • Ensure the accuracy and integrity of the company’s accounting records and financial systems
  • Responsible for the preparation of statutory accounts for the company as and when required in accordance with the relevant local accounting principles and the legislation.

Team Management:

  • Supervise & review the performance of individuals in the team
  • Liaise with different departments to ensure the Finance department is properly supporting the needs of the operating businesses

Relationship Management:

  • Manage relationships with auditors, tax advisers, bankers and other parties as directed by the Finance Lead.
  • Ensure the CFO is kept informed of industry developments which are relevant to the operation of an efficient finance function.

Education

  • Minimum of a Bachelor's degree in Accounting, Banking, Finance or related field.
  • Post Graduate degree in Accounting and Auditing. ACA/ACCA preferable.
  •  MBA/ Masters in Finance or CFA is an added advantage

Knowledge Requirement

  • Knowledgeable of local tax systems.
  • High-volume transaction experience in a SAGE or similar environment
  • Knowledgeable of local tax systems.
  • Use of Accounting Software (preferably SAGE)
  • Knowledgeable in IFRS
  • Very proficient in MS-Excel

Experience

  • Relevant work experience in finance/audit with at least 3-years in a purely finance role.

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