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3 weeks ago

Job Summary

The Management Accountant will occupy a central role within Emmanuel Bakeries, directly supporting the company's strategic initiatives through detailed financial analysis, reporting, and forecasting.

  • Minimum Qualification: Degree
  • Experience Level: Senior level
  • Experience Length: 5 years

Job Description/Requirements

Responsibilities:

Strategic Financial Management:

  • Conduct comprehensive financial analysis to support strategic decision-making, identifying areas for financial improvement, investment opportunities, and cost management.
  • Collaborate with senior management to craft financial strategies that align with Emmanuel Bakeries’ goals of expansion and investor engagement.


 Investor-Ready Financial Reporting:

  • Prepare detailed financial reports that meet investor standards, including profit and loss statements, balance sheets, and cash flow statements, ensuring accuracy and compliance with international financial reporting standards (IFRS).
  • Develop and present financial metrics and KPIs that clearly communicate the company’s financial health and operational efficiency to prospective investors


Budgeting, Forecasting, and Planning:

  • Lead the budgeting process, setting comprehensive budgets that reflect the strategic direction of Emmanuel Bakeries.
  • Perform regular financial forecasting, updating projections based on market trends and operational performance to guide management decisions.


Cost Analysis and Reduction:

  • Implement rigorous cost analysis and reduction strategies to enhance profitability without compromising quality or service.
  • Monitor and report on cost variances, identifying trends and recommending actions to senior management.


Compliance and Risk Management:

  • Ensure full compliance with local and international financial and tax regulations.
  • Proactively manage financial risk, including credit, market, and liquidity risks, developing strategies to mitigate these risks in alignment with company objectives
  • Act as a key point of contact for financial matters with external stakeholders, including auditors, tax advisors,and potential investors.
  • Prepare and deliver financial presentations for board meetings, investor briefings, and internal strategic reviews.


Requirements:

  • Bachelor’s degree in Accounting, Finance, or related field; Master’s degree preferred.
  • Professional accounting qualification (ACCA, CIMA, CPA) is required.
  • A minimum of 5 years’ experience in a management accounting role within the FMCG sector, with a proven
  • track record of preparing for and engaging with investors.
  • Experience with financial modeling and analysis in preparation for mergers, acquisitions, or public offerings is highly advantageous.


SLA (Service Level Agreement):

  • Reporting Accuracy & Compliance: Guarantee 100% accuracy in all financial reporting, adhering to IFRS and
  • local financial regulations.
  • Budgeting and Forecasting Precision: Deliver budget and forecasting reports with a maximum 5% deviation margin from actual figures.
  • Cost Management: Achieve a year-on-year operational cost reduction of at least 5% through effective cost control measures.
  • Investor Engagement: Produce and update investor decks and financial models quarterly, or as required by the business development team


Skills Required:

  • Expertise in financial analysis, reporting, and forecasting with a keen eye for detail.
  • Proficiency in financial software (e.g., SAP, Oracle, QuickBooks) and advanced Excel skills.
  • Strong presentation skills, capable of conveying complex financial information in an understandable format to non-financial stakeholders.
  • Excellent communication, negotiation, and interpersonal skills for engaging with internal teams and external investors.
  • Strategic thinker with the ability to operate both in detail and with a broad, long-term perspective.

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