Job Vacancies in a Recycling and Commodity Trading Company

HRLeverage – Our client, a Recycling and Commodity Trading company is recruiting a suitable candidate to fill the position below:

Job Title: Chief Financial Officer

Location: Lagos Ibadan Expressway

Details

• Our client, a recycling and commodity trading company is in need of a highly motivated and proactive individual who will be accountable for the financial operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and report accurate financial results

The Ideal Candidate

• The ideal candidate must be well experienced in all aspects of financial management, capital raising, financial planning and analysis, and risk management.
• He/She must possess strong leadership skills and a forward-thinking mindset to support the company in the execution of strategic initiatives.
• Should have an excellent working knowledge of SAP ERP System.
• Should have an analytical mind with strong problem-solving skills
• Should be able to manage a team of accountants

Duties & Responsibilities
The Chief Financial Officer will perform a wide range of responsibilities. These may include, but are not limited to:

Strategy, Planning, and Management:

• Act as Chief Financial Officer and strategic business partner to the senior executive leadership team.
• Assess and evaluate the financial performance of the organization about long-term operational goals, budgets, and forecasts.
• Provide insight and recommendations to both short-term and long-term growth plans of the organization.
• Identify, acquire and implement systems and software to provide critical financial and operational information. Evaluate departments and make suggestions for automating processes and increasing working efficiency.
• Communicate, engage and interact with the CEO and Executive Leadership Team.
• Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
• Select and engage consultants, auditors, and investors.
• Recruit, interview and hire finance, accounting, and payroll staff as required.
• Participate in pivotal decisions as they relate to strategic initiatives and operational models.
• Implement policies, procedures, and processes as deemed appropriate by the senior leadership team.

Financial Analysis, Budgeting, and Forecasting:

• Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
• Review and analyze monthly financial results and provide recommendations.
• Identify, develop and execute analysis of business initiatives, and/or new service offerings.
• Develop and maintain the monthly operating budget and annual company operating budget.
• Manage the financial planning and analysis department. Supervise the creation of reports, software implementation, and tools for budgeting and forecasting.
• Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.

Accounting, General Ledger, Administration and Operations:

• Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
• Review and ensure the application of appropriate internal controls, compliance, and financial procedures.
• Ensure timeliness and accuracy of financial and management reporting data for the CEO and investors.
• Oversee the preparation and communication of weekly, monthly and annual financial statements.
• Oversee the preparation and timely filing of all local, state and federal tax returns.
• Ensure compliance regarding all financial functions.
• Work with Human Resources to ensure appropriate legal compliance.
• Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
• Oversee preparation of monthly, quarterly and annual financial statements.
• Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
• Enhance and implement financial and accounting systems, processes, tools and control systems
• Hire, develop and manage accounting directors, managers and staff
• Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.

Financial Management:

• Manage the cash flow planning process and ensure funds availability.
• Oversee cash, investments, and asset management area.
• Explore new investment opportunities and provide recommendations on potential returns and risks.
• Maintain outstanding banking relationships and strategic alliances with vendors and business partners.

Financial Relations and Policies:

• Engage the CEO to develop short term and long term plans, projections and budgets.
• Represent the company to banks, financial partners, institutions, investors, public auditors, and officials.
• Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management:

• Mentor and develop the finance team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.

Cash Management:

• Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs
• Supervise Accounts Receivable management and provide guidance relating to the collection process

Risk Management:

• Identify and manage key business and company risks and insurance requirements
• Maintain and ensure compliance with the documented system of finance policies and procedures across the group
• Responsible for audit reviews of business units, financial and management processes and systems to ensure compliance with company policies and procedures.
• Supervise and coordinate the preparation and implementation of annual internal audit plans /programs and endure adherence to plans.
• Lead audits/special reviews of operations and assessment of business risk and provide recommendations for strengthening existing internal controls.

Eligibility Criteria

• Bachelor’s Degree in Accounting or Finance and MBA is required
• ACCA or ICAN Required
• In-depth experience in the manufacturing industry is very critical
• 6 years minimum experience as a CFO in a manufacturing company
• At least 15 years of accounting or finance experience
• Outstanding knowledge and understanding of GAAP, IFRS, Taxation, etc.
• “Hands-On” ERP Systems Experience – SAP ByDesign preferred
• Outstanding communication and presentation skills.
• Demonstrated leadership ability, confidence, and executive presence – ability to motivate staff.
• Excellent analytical, reasoning and problem-solving skills
• Significant experience working with external auditors, internal controls and compliance related issues.
• Strong systems, process, and best practices experience.
• Well organized and self-directed.

Required Skills:

• Financial planning and strategy
• Managing profitability
• Strategic planning
• Quality management
• Promotion of process improvement
• Forecasting
• Corporate finance
• Budget development

Job Title: General Manager (GM), Operations

Location: Lagos Ibadan Expressway
Industry: A recycling and commodity trading company.

Job Description

• Our Client, a recycling and commodity trading company is in need of a highly motivated and proactive individual who will oversee the company’s manufacturing activities, leading strategic execution and coordinating resources to create excellent products.
• While they oversee Operations Coordinator, who takes care of day-to-day details, it is also their job to make sure that deadlines are met, and standards are upheld.

Duties & Responsibilities
General:

• Directs factory level support functions including finance, engineering, materials, quality assurance, and human resources to ensure alignment with overall plant operations
• Directs all aspects of the business operations, including purchasing, scheduling, manufacturing, warehousing, shipping / receiving, quality assurance, and customer service.
• Prepare an annual manufacturing plan and policy guidelines to drive the performance of key result areas on production activities and continuous implementation monitoring.
• Optimally make sure that manufacturing units improve on the standard efficiencies in terms of Machine efficiencies, material yields, labor and overhead costs versus budget.
• Develop and nurture a dynamic and competent workforce through a robust performance driven culture.
• Determine the strategic direction of a company’s manufacturing unit, setting the plan for products, processes, and factory relationships with the goal of increasing efficiency and rofitability.
• Set policies and makes decisions guiding productivity, quality, and cost efficiency of plant operations.
• Implements, drives, and sustains key initiatives that support operational strategic goals.
• Works with the Operations Coordinator to ensure that the facility’s operational activities and tactical actions are executed so that the plant’s working capital is properly managed.
• Enforces all company policies, including safety, production, quality, sales, human resources, customer service and accounting policies.Strategy, Policies, Processes, and Procedures
• Monitors and evaluates workflow and assembly methods and makes recommendations for process improvements.
• Create or refine systems to minimize error and bolster productivity.

Team Management:

• Manage teams that handle engineering, quality control, and production in order to ensure the smooth production execution.
• Meet regularly with respective managers within production to set key indicators for evaluating performance.

Financial Planning:

• Works to ensure that the facility’s financial goals are met, including monthly profitability and EBITDA targets.
• Frequently researches cost savings opportunities, leading and monitoring all progress in capturing savings opportunities.
• Manage and maintain labour and operating costs in accordance with budgets and strategic goals.
• Manage finances, monitoring budgets, expenses, and product unit costs to drive revenue and margin projections.

Operational Performance Management:

• Implement an Operational Performance Tracking System which includes the key performance indicators covering manufacturing, engineering, quality assurance, manpower levels and  finance.
• Establishes systems to collect metrics, analyze productivity and set performance targets that will meet revenue and cost goals
• Develop performance and efficiency metrics, identifying areas for improvement and reporting results to executive leadership.
• Ensures manufacturing performance and quality goals are met.
• Review personnel performance to determine individuals most suited for promotion.Technical and Facility Maintenance
• Monitors the facility’s equipment needs and ensures that the technical team is working to keep the company’s equipment and physical facility are properly maintained.
• Constantly assesses the facility’s operational efficiencies and seeks out opportunities to improve it in an economic manner.

Logistics and Procurement:

• Oversee the procurement of raw materials and equipment required for manufacturing
• Oversee Effective running of truck operations, ensuring arrival of truck to the office, loading of the truck and departure of the truck in a timely, efficient manner.
• Ensure that containers enter the port on time Health, Safety and Environment, Quality Assurance / Control
• Identify and manage key business and company risks and insurance requirements
• Maintain and ensure compliance with the documented system of finance policies and procedures across the group
• Responsible for audit reviews of business units, financial and management processes and systems to ensure compliance with company policies and procedures.
• Supervise and coordinate the preparation and implementation of annual internal audit plans / programs and endure adherence to plans.
• Lead audits / special reviews of operations and assessment of business risk and provide recommendations for strengthening existing internal controls.

Training and Development:

• Coach, mentor and develop employees under their supervision, providing training for important topics such as risk mitigation, safety protocols, usage of new equipment, and industry best practices to build high performing teams.
• Assigns stretch assignments to further train and enhance staff development.
• Promotes cross training to optimize workforce, ensures functional coverage, reduce labor costs, and supports succession planning.
• Leads the development and deployment of manufacturing practices focused on quality and  continuous improvement.

Reporting:

• Prepare production, staff, and financial reports.
• Ensure Annual, Monthly and Weekly reports are prepared properly and sent on time.
• Ensure accurate reporting for Management.

Eligibility Criteria

• Bachelor’s degree preferably in Industrial or Chemical Engineering, other Engineering or Business.
• Proven analytical, evaluative and problem-solving abilities, with a keen attention to detail.
• Proven financial acumen.
• 15 years of progressive manufacturing experience
• Strong operational experience with the ability to establish and measure KPI’s.
• Experience in managing continuous improvement projects.
• Knowledge of GMP’s, ISO guidelines related to industry.
• Familiar with OSHA and HSE compliance procedures.
• Strong interpersonal skills, and excellent written and oral communication skills.
• Ability to effectively prioritize and execute tasks in a high-pressure environment.
• Proficient in ERP systems and Microsoft Office

The ideal candidate:

• The ideal candidate must be well experienced in all aspects of manufacturing operations with at least 15 years of progressive manufacturing experience.
• Should be smart and energetic.
• Should possess strong leadership skills and a forward-thinking mindset to support the company in the execution of strategic initiatives.
• Should have an excellent working knowledge of SAP ERP System.
• Should have an analytical mind with strong problem-solving skills
• Should have a strong operational experience with the ability to establish and measure KPI’s.

Required Skills:

• Strategic planning skills
• Financial planning skills
• Interpersonal skills
• Leadership skills
• Strategic thinking
• Project management
• Production expertise
• Communication skills

How to Apply
Interested and qualified candidates should forward their CV to: consulting.hrla@gmail.com using the “Job title” as the subject of the application.

Note: Only qualified candidates should apply.