Finance Officer

7 days ago


Lagos, Lagos, Nigeria Food Concepts Plc Full time

ABOUT THE COMPANY

Food Concepts Plc was incorporated on 6 December 1999 as Food Concepts & Entertainment Limited and commenced operations in 2000. The Company was converted from a Private Limited Liability Company into a Public Limited Liability Company and the Company's name was subsequently changed to Food Concepts Plc. by a Special Resolution dated 10 May 2009.

Following its incorporation, Food Concepts secured franchises from reputable South African Quick Service Restaurant operators to manage and operate their brands in Nigeria. The Company subsequently acquired and developed other Brands, such as, Chicken Republic, PieXpress, Butterfield, Yum Yum and The Chop Box.
Following a corporate restructuring and divestment, the Company now owns and operates the Chicken Republic, PieXpress and The Chop Box brands as its proprietary food brands.
Chicken Republic is currently trading in 129 locations across Nigeria and Ghana and has plans in place to operate 430 stores by the end of 2024.
PieXpress began trading in 2019 and we presently operate 48 stores in Nigeria, with plans in place to operate 247 PieXpress units by the end of 2024.
We recently launched our new brand, The Chop Box and presently have one outlet in Lagos.

JOB SUMMARY

Key Performance IndicatorsOutputs - Frequency:Daily Cash Position - Daily (12 noon)Review of Bank Reconciliation Statements - Weekly (WD 2)Bank Charges/Interest Verification Report- Monthly (WD 5)Report on Fixed Deposit - Monthly (WD 5)Treasury Sectional Report - Monthly (WD 5)Educational Qualifications / ExperienceUniversity Degree or HND in Accounting, Finance or related disciplineMinimum of 1 years post professional qualification experience.Desired Personal Attributes:IntegrityProactive self-starterAssertive and tenaciousAbility to work with little or no supervisionAbility to work with all levels of management, build partnerships and teamsHighly organized and able to adapt quickly to changing prioritiesAbility to cope with and work under pressureFunctional Competencies/Requirements:Skill to improve risk management through reduction/transparency of cash balancesBanking transaction execution and settlement skillCash and investment reporting skillCompliance to audit observation as to the segregation of duties with reference to back office functionality of recording transactions through a systematic driven authorization/execution processGeneral Management Competencies/Requirements:Strong Oral and Written Communication skillsGood Presentation SkillsRelationship ManagementStrong Problem solving skillsAbility to plan, schedule and coordinate effectively

RESPONSIBILITIES

Processing of suppliers / vendor invoices for paymentMaintaining the creditors' scheduleEnsure daily/weekly collection of Bank statements and confirmation of chequesManage all forms of payment (internet banking, Remita, interswitch etc)Keeping the financials documents organized and filedDetect and eliminate errors in payment requestConfirm all retirement before another cash advance is processed for a staffEnsure posting of items received by the store into appropriate Trade Creditor's accountVerify all intercompany transactions across businesses - review and sign off on all intercompany transactions across the divisionsConfirm on monthly basis that charges on COT and Interest are in line with the agreed rate.Perform any other related duties from time to time

REQUIRED SKILLS

Budgeting, financial planning, Accounting, Bookkeeping, Corporate finance, Financial analysis, Financial reporting, Financial controlling, Cash management (company), Accounting IT-systems (use of)

REQUIRED EDUCATION

Bachelor's degree



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