Financial Controller

Job title: Financial Controller

Company: RS Hunter

Job description: Job Description:Our ClientOur 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 Books,Zoho 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.

Expected salary:

Location: Lagos, Lagos State

Job date: Thu, 24 Jul 2025 07:50:53 GMT

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