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