Finance Manager at Cormart Nigeria Limited

Finance Manager at Cormart Nigeria Limited

Join Cormart Nigeria Limited as a Finance Manager

Cormart Nigeria Limited, a distinguished leader in the supply of industrial chemicals and raw materials since 1980, is seeking a dedicated and skilled Finance Manager. We are proud to serve vital sectors such as construction, pharmaceuticals, food & beverage, packaging, and cosmetics, distributing world-class brands and manufacturing our own premium products. This is an exceptional opportunity to contribute to a well-established company with a strong commitment to quality and innovation.

As a Finance Manager, you will play a crucial role in our operations, acting as both a factory cost controller and a fixed assets accountant. This position offers a dynamic blend of cost and asset accounting, control procedures, budget management, audit support, and finance leadership within our organization.

Key Responsibilities and Duties:

Cost Control

  • Meticulously track daily operational costs across slaughtering, processing, packaging, and distribution to accurately determine the production cost per unit of output and order.
  • Proactively identify and investigate any discrepancies between standard and actual costs, focusing on materials, labor, and utilities.
  • Collaborate closely with the Engineering Team for the monthly review of energy and maintenance expenses.
  • Partner with the Warehouse Team on inventory reconciliation, stock write-offs, and other essential reporting tasks.
  • Prepare comprehensive monthly cost reports, including gross margin analysis, SKU profitability, and landed cost calculations.
  • Assist in the preparation of monthly forecasts and the annual budget for the business unit, ensuring alignment with production targets and sales forecasts.
  • Recommend strategic improvements for efficiency in energy usage, labor allocation, and supply chain management.

Fixed Asset Accounting

  • Efficiently manage the sub-fixed asset register for the slaughterhouse.
  • Collaborate with the Production and Engineering Teams to assess CAPEX requirements, process, and secure approvals for capital expenditures.
  • Oversee the entire process of asset capitalization, depreciation, and write-off/disposal/retirement, ensuring strict adherence to all necessary control procedures and approvals.
  • Coordinate external and internal auditors or valuers during asset verification and/or valuation exercises.

Required Skills and Qualifications:

  • Demonstrate a strong understanding of manufacturing overheads, Bill of Materials (BOM), and product costing methodologies.
  • Possess the ability to interpret complex financial data and translate it into actionable business insights.
  • Familiarity with Enterprise Resource Planning (ERP) systems, specifically SAP and/or Microsoft Dynamics 365 Business Central, is highly desirable.
  • Proficiency in Advanced Microsoft Excel is essential.
  • Education: A Bachelor's degree in Finance, Accounting, or a closely related field is required. Professional certifications such as ACA, ACCA, or CIMA are considered a significant advantage.
  • Experience: A minimum of 5 years of proven experience in a similar role, preferably within an FMCG (Fast-Moving Consumer Goods) company, is expected.

If you are a driven finance professional with a passion for cost management and asset accounting in a manufacturing environment, we encourage you to apply. Join Cormart Nigeria Limited and be part of a company that values expertise and drives success.

Method of Application:
Interested and qualified? Go to Cormart Nigeria Limited on tgi.seamlesshiring.com to apply

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