Jumia is Nigeria’s number one online shopping destination where you can shop the widest selection of electronics, fashion, home appliances, kid’s items and more in Nigeria and have them shipped directly to your home or office at your convenience!
We are recruiting to fill the position below:
Job Title: Finance Manager, Logistics and Operations
Location: Nigeria
Employment Type: Full-Time
Job Objective
As Finance Manager, Logistics and Operations, you will be responsible for providing financial advice and support to the Company in order to make sound business decisions.
Responsibilities
Inventory Management:
- Establish and monitor appropriate accounting practices to ensure all inventory activities are captured correctly in Inventory Management system and interface accurately into the accounting system
- Establish inventory reconciliation procedures to ensure accuracy of all balances
- Ensure accurate Inventory ageing and analysis and appropriate provisions are kept in the books for slow and obsolete stock
- Ensure accurate book keeping for all initiatives regarding stock in transit and returns to Vendors
Financial Planning and Budget Management:
- Prepare the annual operating and strategic plan for the business unit (includes working capital and cashflow projections) to the right quality and to time.
- Ensure accuracy in invoicing
- Ensure all unit heads are held to account to operate in line with the budget. Full variance analysis and corrective action plans are provided on a periodic basis (e.g. monthly)
- Financial analysis as will be required from time to time too aid management decision making.
- Prepare unit budgets and consolidate for the business unit and ensure consistency of numbers in line with the Service Level Agreements with each venture.
- Deploy best in class cost accounting tools to ensure clarity of cost bases and provide clarity on Cost optimization opportunities, and revenue generating schemes.
Financial Accounting and Reporting:
- Ensure completeness, correctness and accuracy of accounting records and transactions in the Financial accounting systems and in line with IFRS.
- Prepare monthly reconciliation statements of accruals and analysis of expense and revenue heads.
- Ensure proper filing of source documents and records relating to the operations of the business unit.
- Expedite all audit assignments and ensure that recommendations are implemented to time and risks identified are mitigated.
- Adequacy of reconciliation with 3rd Party Logistics providers and completeness and accuracy of transactions embarked on with them.
- Fixed Asset and CAPEX Management
- Ensure the completeness and accuracy of the fixed asset register in line with IFRS.
- Ensure the adequacy of controls over the additions and disposals of assets and physical verification.
- Prepare Monthly Business Review reports fully reconciled to the SLA and the Financial accounting systems.
- Ensure internal control processes are working optimally.
Others:
- Provide leadership to finance team members and financial support to unit heads within the Business Unit.
- Competencies Required
- Ability to communicate effectively with internal and external affiliates and clients
- Strong analytical and problem-solving skills. We are building ventures from scratch, learning and solving problems along the way
- Strong drive and ability to implement change in fast moving organizations
- Willingness to make decisions as necessary and appropriate in accordance with company policies.
- Self-starter who will take initiative to effect positive change
- Ability to work independently, as well as with a team
- Strong organizational skills
- Demonstrated ability to maintain confidentiality of privileged information and professionalism at all times
- Accuracy and attention to detail
- Hands-on attitude. E-commerce is 50% operations, so you must not be afraid of rolling up your sleeves and getting your hands dirty
- Proficiency in the use of ERP systems
Qualification & Experience
- Bachelor’s Degree in Accounting, Finance, Banking and Finance, Economics from a reputable University or equivalent
- Minimum of 5 years’ in supervisory role with Cost accounting and management experience
- Relevant financial accounting and management experience in supply chain operations
- Adequate knowledge of the Ecommerce Industry
- Master’s Degree in similar role above is an advantage
- Certification from any recognized professional body (ACCA, ACA, ICAN, CFA) is compulsory
How to Apply
Click here to apply
Job Title: Head of Financial Planning and Analysis
Location: Nigeria
Job Type: Full-time
Objective
- To ensure an efficient, effective and comprehensive process for developing financial plans and analysis that links to the strategic objectives.
Responsibilities
- Oversee the financial planning and analysis organization and work with Finance directors, management team, both local team and central team, to provide value-added insight into the business.
- Prepare a monthly reporting package that includes full financial statements, comprehensive Key Performance Indicator (KPI) reporting, operational dashboard reporting, analysis of key business trends, actual versus budget variances and comprehensive executive level explanations of differences.
- Prepare and maintain an efficient and effective process of evaluating, tracking and monitoring all strategic planning activity for the company with appropriate links to the annual budget and strategic plan.
- Provide a high level of thought process to drive improvement; recommend areas for improvement and lead projects to enhance the reporting and analytical infrastructure.
- Supervise and manage the performance of a team of FP&A professionals.
- Routinely communicate business unit and company financial and operational performance trends, historical and forecasted, using appropriate metrics, identifying risks and opportunities related to the achievement of the company’s financial plans.
- Influence the accuracy and effectiveness of the corporate accounting consolidation and closing process through analytical review and trend analysis.
- Develop and execute financial modelling tools to allow for routine analytical reviews of company financial and operational performance, new projects and decision making.
- Drive an efficient, effective and comprehensive process for developing financial plans and analysis that links to the strategic objectives.
- Develop and monitor the company’s annual budget and monthly forecasts, which shall include establishing budget tools, setting timelines and ensuring all budgets are accurate, comprehensive and completed on time.
Competencies Required
- Working knowledge of Microsoft Office Tools (Word, Excel) and ERP systems
- Great attention to detail, self-motivation, time management and a high level of discipline are key
- Stakeholder management
- Excellent Numerical and Analytical skills
Qualification & Experience
- A B.Sc in Accounting, Finance, Business Administration or equivalent from a recognized and accredited University
- Experience in preparing, analysing, and implementing accounting and reporting requirements
- Solid FP&A experience (budgeting, forecasting, planning and analysis)
- Professional Qualification like ICAN, ACCA, ACA is an added advantage
- Minimum of 5 years’ experience working in a fast-paced corporate environment preferably in a similar role
How to Apply
Click here to apply
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