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  • Posted: Apr 23, 2024
    Deadline: May 15, 2024
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    Emmanuel Bakeries Limited, established 11 years ago, stands as a prominent distributor in Kogi State, specializing in fast-moving consumer goods (FMCG) and non-consumable products. Renowned for its commitment to excellence and deep community engagement, Emmanuel Bakeries Limited has built a sterling reputation for delivering quality service. With an extensiv...
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    Auditor

    Job Description

    • The Auditor will be responsible for executing the internal audit plan, contributing to the audit process with a focus on identifying risks and improving control effectiveness across the company.

    Key Responsibilities

    • Conduct financial, operational, and compliance audits in accordance with the internal audit plan.
    • Evaluate the effectiveness of internal controls and identify areas of risk and opportunities for improvement.
    • Prepare audit findings, write audit reports, and present these findings to the Head of Audit.
    • Assist in the follow-up on the implementation of audit recommendations and the resolution of audit findings.
    • Work closely with departments to understand processes and provide advice on internal controls and risk management.
    • Support the preparation for external audits and regulatory reviews, ensuring compliance with legal and regulatory requirements.
    • Stay informed about the latest developments in accounting standards, auditing techniques, and related regulations.

    Qualifications

    • Experience in auditing, with a solid understanding of audit principles, standards, and procedures.
    • Excellent analytical, problem-solving, and documentation skills.
    • Strong attention to detail and a high degree of accuracy.
    • A Bachelor's Degree in Accounting / Finance, or a related field. Professional certifications such as CPA or CIA are advantageous.

    Skills:

    • Audit Methodology: Understanding of auditing principles, techniques, and standards. This includes knowledge of audit planning, fieldwork, documentation, and reporting.
    • Attention to Detail: Ability to meticulously review financial records, inventory reports, production logs, and other documents to identify discrepancies, errors, or potential areas of improvement.
    • Analytical Skills: Proficiency in analyzing data, identifying trends, and interpreting financial information to assess the bakery's financial health and operational efficiency.
    • Communication Skills: Effective verbal and written communication skills are essential for conveying audit findings, discussing recommendations with management, and preparing clear and concise audit reports.
    • Time Management: The ability to manage time effectively to prioritize tasks, meet deadlines, and conduct audits efficiently without compromising quality.
    • Ethical Conduct: Upholding integrity, objectivity, and independence in conducting audits, adhering to professional standards and ethical guidelines.
    • Problem-Solving Abilities: Capacity to identify issues, investigate root causes, and develop practical solutions to address audit findings and improve internal controls.
    • Regulatory Knowledge: Familiarity with food safety regulations, health and safety standards, and other relevant industry regulations governing bakery operations.
    • TeamworkCollaborative mindset to work effectively with colleagues within the audit team and across different departments within the bakery company.
    • Adaptability: Ability to adapt to changing priorities, audit methodologies, and business environments to ensure effective audit processes.
    • Technical Proficiency: Proficiency in using audit software, spreadsheet applications, and other relevant tools to facilitate audit procedures, data analysis, and report generation.
    • Industry Awareness: Understanding of bakery industry operations, production processes, supply chain management, and market dynamics to assess risks and opportunities specific to the bakery business.

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    Accountant

    Job Description

    • The Accountant is responsible for managing the financial operations and accounting processes of an FMCG company. This includes maintaining accurate financial records, preparing financial statements, managing accounts payable and receivable, and ensuring compliance with relevant accounting standards and regulations.

    Key Responsibilities

    • Maintain general ledger and ensure accurate recording of all financial transactions
    • Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements
    • Manage accounts payable and receivable, including invoicing, bill payments, and collections
    • Reconcile bank statements and other accounts regularly
    • Assist in the preparation of budgets and financial forecasts
    • Ensure compliance with all relevant accounting standards, tax laws, and other financial regulations
    • Provide financial analysis and support to the management team
    • Collaborate with cross-functional teams to provide financial insights and recommendations
    • Assist in the preparation of audit documents and liaise with external auditors
    • Stay up-to-date with industry trends, best practices, and changes in accounting regulations.

    Required Qualifications

    • Bachelor's Degree in Accounting, Finance, or a related field
    • Professional accounting certification (ICAN, ACCA, or equivalent)
    • 3 - 5 years of experience in a similar role, preferably in the FMCG industry
    • Strong knowledge of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
    • Proficient in using accounting software and financial analysis tools
    • Excellent attention to detail and problem-solving skills
    • Strong communication and interpersonal skills
    • Ability to work collaboratively with cross-functional teams
    • Familiarity with ERP systems and data management.

    Preferred Skills:

    • Experience in the FMCG industry or a similar fast-paced, consumer-facing environment
    • Knowledge of supply chain and inventory management practices
    • Familiarity with budgeting and forecasting processes
    • Strong Excel and data analysis skills
    • Experience in implementing financial controls and process improvements.

    go to method of application »

    Chief Financial Officer (CFO)

    Job Summary

    • The CFO will play a critical role in managing the company's finances, including financial planning, risk management, record-keeping, and financial reporting, with a special emphasis on leading the company toward a successful listing on the stock market within the next three years.

    Key Responsibilities

    • Develop and execute a comprehensive financial strategy that aligns with the company’s goal of being listed on the stock market.
    • Lead the preparation for the Initial Public Offering (IPO), including due diligence, financial structuring, and liaising with investment bankers, auditors, and regulatory bodies.
    • Manage the capital request and budgeting processes, ensuring alignment with strategic goals and market listing requirements.
    • Establish robust financial management frameworks to support the company's transition to a public entity, including compliance with financial reporting, disclosure, and governance standards applicable to publicly listed companies.
    • Develop and monitor performance measures that support the company's strategic direction and compliance with stock market regulations.
    • Oversee the company’s finance IT system to ensure it meets the reporting and analytical requirements of a public entity.
    • Ensure timely and accurate financial reporting and analysis for board members, company shareholders, and potential investors.
    • Supervise acquisition due diligence and negotiate acquisitions under the strategic framework of enhancing stock market listing prospects.
    • Maintain a strong relationship with external parties such as investors, banks, auditors, regulatory bodies, and financial institutions.

    SLA's

    • Ensure the company’s financial systems, policies, and procedures are fully compliant with regulatory requirements for public companies within the first six months of tenure.
    • Achieve milestones related to the IPO process within agreed timelines, ensuring that financial and legal prerequisites are met.
    • Maintain financial and operational data accuracy, integrity, and transparency as required for public companies.

    Qualifications

    • Proven experience as CFO, preferably with experience guiding a company through the process of a stock market listing.
    • Strong understanding of the IPO process, financial regulations, and compliance requirements for publicly listed companies.
    • In-depth knowledge of corporate financial law, risk management practices, and stock market operations.
    • Excellent knowledge of data analysis and forecasting methods, with a strong proficiency in financial reporting as per stock market standards.
    • ICAN (Institute of Chartered Accountants of Nigeria) Certification is compulsory
    • BSc/BA in Accounting, Finance, or relevant field; MSc/MBA or CPA/CFA is a plus

    Skills:

    • Ability to analyze financial data, interpret trends, and provide insights to support strategic decision-making. This includes understanding financial statements, profitability analysis, and cost management.
    • Proficiency in creating and managing budgets, as well as forecasting future financial performance based on market trends, sales projections, and operational costs.
    • Experience in managing cash flow to ensure liquidity for day-to-day operations, including monitoring receivables, and payables, and optimizing working capital.
    • Ability to identify and mitigate financial risks, including market fluctuations, regulatory compliance, and operational challenges. This includes implementing internal controls and risk mitigation strategies.
    • Strong knowledge of accounting principles and financial reporting standards (GAAP). Experience in preparing accurate and timely financial reports for internal management and external stakeholders.
    • Capacity to develop and execute financial strategies aligned with the bakery's long-term goals and objectives. This includes assessing investment opportunities, evaluating capital allocation decisions, and analyzing potential acquisitions or partnerships.
    • Understanding of relevant financial regulations and compliance requirements, including tax laws, industry-specific regulations, and reporting standards for food and beverage businesses.
    • Familiarity with financial management software and tools to streamline processes, improve efficiency, and enhance reporting capabilities. This may include ERP systems, financial modeling software, and data analytics tools.
    • Strong leadership skills to lead and develop the finance team, set clear objectives, and foster a collaborative and high-performance work culture. This includes mentoring staff, providing feedback, and promoting professional development.
    • Effective communication skills to convey financial information clearly and concisely to diverse audiences, including senior management, board members, investors, and external partners. This includes the ability to build relationships and influence key stakeholders.
    • Experience in developing financial models and scenarios to support strategic decision-making and long-term planning. This includes assessing the financial impact of various business initiatives and identifying opportunities for growth and optimization.
    • Commitment to upholding ethical standards and integrity in financial practices, including transparency, honesty, and compliance with laws and regulations.

    Method of Application

    Interested and qualified candidates should send a copy of their CV to: recruitment@emblimited.com.ng using the Job Title as the subject of the mail.

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