Latest Opportunityies at The Nigerian Bottling Company Limited for a Regional Commercial Finance Controller

The Nigerian Bottling Company Limited  – Our company serves approximately 160 million people by producing and distributing a unique portfolio of quality brands, bringing passion to marketplace implementation, and demonstrating leadership in corporate social responsibility.

POSITION : Regional Commercial Finance Controller

Job Details

  • The Regional Commercial Finance Controller will report to Finance Business Partner (Commercial) and will be responsible for ensuring adherence to Commercial Policies & Procedure in Demand & Sub Demand Area.
  • He/She will also be responsible for North Region Performance and KBI deliveries.The role holder will be based in Abuja.

Key Responsibilities  

  • Ensure accurate and timely booking of Revenue, Accrual, Inventory, Account Receivable & Expenses.
  • Ensure compliance with Internal Control and audit process.
  • Recommend changes in the credit policy to Finance Business Partner Commercial and maintain and uphold the corporate credit policy.
  • Supervising the Account Receivable, Claims, Credit Control and Settlement & Billing activities in their regions.
  • Ensure SLA on timely and accurate update of requested and approved credit is adhered to.
  • Follow up with Commercial Manager on the defaulting dealers for recovery and initiate set up of Credit Representatives Group.
  • Review credit limit of outlets periodically to ensure it is in line with purchase capacity and risk assessment of the customer.
  • Engage in cross-functional meeting with Commercial and Logistic on DIFOTAI (Delivery in Full ,on time and accurate invoicing)achievement.
  • Ensure adherence to cut-off procedures.
  • Ensure adherence to Credit Policy.
  • Coordinate quarterly provisioning and write-off request. Implementation of dunning procedure and suggestion for changes. Review DSO (Debtor Days of Sales Outstanding) Report and follow up on debt recovery.
  • Evaluates customers’ liquidity risk and classify them accordingly to risk categories.
  • Advise Management on ageing debts for provision and on bad debt write-off.
  • Evaluation and monitoring of customers’ promotion and incentive programmes.
  • Monitoring of DME and Commercial budgets for accuracy.
  • Ensure settlement and billing activities result in accurate revenue. goods issue update, and update of customers account.
  • Cross functional capabilities within the Commercial Finance team to deliver support to all Commercial functions.
  • Working with other finance team as well as with teams across company.
  • Highlighting the current business results/potential risks.
  • Must be able to prepare clear overviews.
  • Involvement in Coaching activities
  • Be align with the company vision and direction.
  • Communication with other departments across company.
  • Reviewing current processes and designing new/more efficient ways of utilising current data to provide meaningful reports to Supply chain and to Senior Management Team.
  • Participate/lead key initiatives such as productivity and efficiency management.

Requirements
Desired candidate profile:

  • Bachelor Degree or equivalent in Economics, Accounting, Finance, Business Administration, related field or equivalent.
  • Minimum of 8 years experience
  • Possession of ICAN or ACCA will be an advantage.
  • Strong Analytical skills and experience -Power Point, Excel, SAP, University Degree, English, Judgement
  • Ability to set & manage deadlines in a dynamic and changing environment.
  • Must be able to explain all variances.
  • Accounting knowledge.
  • Proven Knowledge of SAP and excel systems.
  • Indirect costs understanding, responsibilities, timing, logic of accounting.
  • Understanding of Investment appraisal and NPV evaluation metrics
  • Very good business knowledge, technical skills (PC, SAP), very good knowledge Operation knowledge, accounting knowledge.
  • Very good interpersonal and communication skills.
  • Ability to develop staff and provide support/training environment within day to day activities
  • Strong interpersonal and communication skills.
  • Ability to challenge others and to drive change.
  • Strong interpersonal and communication skills.
  • Highly analytical – ability to conduct detailed financial analysis
  • Ability to think outside of the box and challenge processes and rationale.
  • Ability to make financial information “user friendly” to non financial end users.