Finance & Admin Manager

Reporting to the West Africa Finance Manager, you will be responsible for the financial management, corporate and IT activities of Lesaffre Nigeria. You will optimize the financial performance of the company while ensuring compliance with legal regulations and company policies.

Your missions will be:

Treasury

• Manage banking relationships and oversee all daily banking activities
• Develop plans for long-term financing, contribute to finance cost optimization plans
• Plan, project and report current cash flow
• Negotiate short-term loans and lines of credit with banks
• Support purchasing in hedging of FOREX and commodity prices

Accounting and financial controls

• Ensure and coordinate accounting task
• Prepare financial statements and accounting reports
• Establish and monitor the implementation of accounting and control procedures
• Interact with internal and external auditors, tax authorities and tax consultants
• Coordinate annual report and prepare the financial section
• Ensure compliance with all internal policies and relevant regulations
• Improve and implement the financial system to ensure maximum productivity

Cash collection & credit monitoring

• Monitor customer credit exposure, limits and payment terms
• Conduct regular credit reviews and identify potential risks
• Track accounts receivable and ensure timely collection
• Alert on overdue accounts, deteriorating payment behavior, and potential bad debt risks
• Coordinate the implementation of corrective actions, escalate critical cases and recommend appropriate measures
• Prepare regular cash collection and credit risk reports
• Drive continuous improvement of collection processes

Costing

• Supervise monthly analysis of cost of goods sold and operational expenses
• Perform cost analysis and cost accounting to ensure a proper decision support system
• Prepare products financial simulations

Management reporting

• Present monthly and year-to-date financials with analysis of results
• Develop regular reporting and financial analysis required by management
• Ensure financial management reporting tools and processes are in place
• Develop and manage forecast management reporting
• Lead the Stock take exercises, identify and report any discrepancy
• Realize studies required by management

Budgeting

• Lead the annual budgeting process
• Coordinate and organize the budget process
• Manage the financial modelling and analysis for long-term strategic initiatives and business plans
• Prepare and review budget, revenue, expense, invoices, and other accounting documents
• Monitors annual and monthly operating budget for all departments and reports variances to ensure on a monthly basis that company profitability targets are achieved.
• Analyze revenue and expenditure trends to recommend appropriate budget levels

Corporate & organizational

• Lead corporate process in a context of joint venture
• Lead the IT function in coordination with Regional IT Manager
• Ensure training, supervision, development and performance of the team.