Financial Controller
Financial Controller
Posted on :
23-07-2025
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1 Vacancy
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Job Description
Our Client
Our client an electronics company seeks to employ a financial controller.
Key Responsibilities:
- Prepare and present *monthly quarterly and annual financial statements in compliance with IFRS and Nigerian GAAP.
- Ensure adherence to FIRS tax regulations VAT WHT and state tax obligations.
- Manage statutory audits and liaise with external auditors tax consultants and regulatory bodies(FRC CAC).
- Implement strong internal controls to prevent fraud and ensure financial integrity.
- Oversee inventory accounting including **costing valuation (FIFO/WAC) and write-offs* for consumer electronics.
- Monitor stock levels turnover ratios and obsolescence risks to optimize working capital.
- Work with procurement and logistics teams to *track import duties landed costs and supplier pricing.
- Ensure accurate *month-end inventory reconciliation between physical stock and financial records.
- Analyze gross margins by product line and recommend pricing or cost-saving adjustments.
- Develop annual budgets forecasts and financial models tailored to Nigeria s market conditions.
- Analyze product profitability pricing strategies and sales performance across retail and distribution channels.
- Advise management on cost reduction funding options and investment decisions.
- Evaluate local supplier contracts import duties and logistics costs for efficiency.
- Manage and mentor the finance accounting and inventory control teams in Nigeria.
- Improve financial and inventory processes through ERP system enhancements (e.g. Zoho BooksZoho Inventory SAP QuickBooks)
- Collaborate with sales procurement and warehouse teams to align stock planning with financial goals.
Requirements
- Bachelor s degree in accounting Finance or Economics; ICAN/ACCA certification required.
- 7 years in accounting/finance with 3 years as a Financial Controller in Nigeria.
- Experience in consumer electronics retail or manufacturing with inventory oversight is a plus.
- Strong knowledge of IFRS Nigerian GAAP and tax laws (CITA VAT PAYE WHT).
- Expertise in inventory accounting COGS analysis and supply chain finance.
- Proficiency in ERP systems (Zoho One Sage QuickBooks Microsoft Dynamics) with inventory modules.
- Advanced Excel (pivot tables VLOOKUP) for inventory forecasting and cost analysis.
Employment Type
Full Time
Company Industry
Key Skills
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