Finance Controller at Fadac Resources and Services

Fadac Resources and Services – Our client is a large consumer durable distribution conglomerate with more than 3000+ trade partners across the country. Her business model goes beyond fulfilment to provide our customers and suppliers a unique combination of operational excellence and service efficiency. Due to expansion, they are in need of a suitably qualified candidate to fill the position below:

Job Title: Finance Controller

Location: Lagos

Key Responsibilities

  • Overall revenue in line with agreed costing
  • Discounts given are in line with the agreement with policies
  • Costing file is prepared in line with company policies are duly adhered to
  • Directionally profitability is in line with budgets and work with BH on the same
  • Timely and accurate reporting as agreed
  • Having a clear understanding of interest cost expected vis a vis budgets
  • Ensuring the accuracy of interest cost debited
  • Ensuring financials reflect the correct cost debited
  • Developing & Implementing an action plan to reduce interest cost
  • Having a clear understanding of other charges debited by the bank
  • Ensuring accuracy of debits
  • Ensuring financials reflect the correct cost debited
  • Completeness and accuracy of bank reconciliations & ensuring no open items beyond 30 days
  • Completeness and accuracy of cash reconciliations & ensuring no open items beyond 30 days
  • Overall Internal and Management audit reports
  • Overall sanity in credit control and AR
  • Establishing a mechanism/checklist to ensure operations are under control
  • Overall governance in CAPEX management
  • Overall statutory compliance work
  • Creating a productive, happy team
  • Developing skill sets of team members and initiating external intervention if required
  • Ensuring all channels of inflow are categorically understood and optimized
  • Timeliness/completeness and accuracy of inflow related areas
  • Timely and correct accounting of Inflow’s
  • Ensuring the accuracy of all outflow  and timely accounting of all outflows
  • Ensuring collection plans are driven to meet them
  • Ensuring completeness & accuracy
  • Ensuring financials reflect the correct status
  • Ensuring there are no overdue unless agreed

Key managerial competencies required for the role:

  • Integrity
  • Planning & organizing
  • Meeting commitments
  • Resource management
  • Result orientation
  • Personal motivation & initiative
  • Problem solving/analytical ability
  • Information gathering

Job Requirements

  • Graduate of Accounting or Finance is preferred, Must be a Chartered Accountant
  • Minimum of 10 years of experience in commercial, finance, accounts and costing – exposure to the manufacturing of especially flexible Packaging will be added advantage.
  • Ideally 5 years’ experience in Africa
  • Good experience of working with multiple business heads and managing large team multi-cultural staff. The candidate must be commercially savvy, with business

Deadline: 31st July, 2020.

How to Apply
Interested and qualified candidates should:
Click here to apply online


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