Commercial Finance Manager (FMCG) at Phillips Outsourcing Services Nigeria Limited Full Time

Job Title: Commercial Finance Manager (FMCG)

Location: Lagos Mainland, Lagos
Department: Finance
Business Unit: Sales Controlling
Reports to: Head of Finance / CFO
Industry: FMCG

Responsibilities

• Revenue management and planning for distributor business and ensure timely decisions and corrective actions to address opportunities & risks.
• Support the Sales Team to ensure that their strategies lead to Net Sales Revenue and GP growth through the business planning and forecasting processes.
• Provide analytical support in evaluation of all Commercial initiatives in terms of product launches, pricing promotional activities and direct marketing expenditure.
• Support to drive initiatives in order improve Gross Profit (Pricing, Promo optimization, Mix optimization, Product profitability).
• Prepare in-depth & insightful financial analysis and decision support to the sales and category team including identification of opportunities and risks with commentaries/analytics.
• Evaluation and Monitoring of Trade Discount Incentive proposals/programs to drive promotional effectiveness/profitability.
• Strategic investment decision support to the Sales team in assessment of new customers/ business opportunities, new RTM/ business model analysis etc.
• Provision of robust analysis and insight into pack profitability and portfolio management and preparation of value chain analysis for existing and potential products.
• Distributor financial scorecard tracking and review to support ongoing customer performance assessment and appropriate compensation and incentive design.
• Review and processing of Payment for Target-Based Trade Discount Incentive Programs and Support and Trade spend efficiency evaluation to ensure optimal investment decision making
• Ensure the business complies with the executed Commercial policy which includes credit management policies, debts collection policy, product returns policy etc.
• Implement appropriate spending and budgetary controls for ASP expenditures and review spending requests and manage banking relationship for the business on behalf of the distributors.

Requirements

• Minimum of Bachelor’s Degree or Higher National Diploma (HND) in Accounting or other related courses.
• Qualified Accountant (ICAN, ACA, CIMA, ACCA, or equivalent).
• 4+ years of related commercial finance and financial planning and analysis experience with increasing responsibility and control.
• Candidate from FMCG/Manufacturing.
• Excellent interpersonal skills and proven ability to work as a team player in a cross-functional / group environment.
• Proficient in NAVISION, Advanced Excel, PowerPoint, and Word.
• Experience with general ledger functions and the month-end/year-end close process
• Experience dealing with FMCG or in the retail sector is highly desirable.

Salary
N900,000 monthly (Gross)

Application Closing Date
30th July, 2023.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.