Financial Controller

Our Client
Our 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.