Thursday, 17 November 2016

Regional Commercial Finance Controller at Nigerian Bottling Company

The Nigerian Bottling Company Limited is one of the biggest companies in the non-alcoholic beverage industry in the country and is the sole franchise bottler of The Coca-Cola Company in Nigeria.
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.Regional Commercial Finance Controller at Nigerian Bottling Company

Nigerian Bottling Company is recruiting to fill the position below:

Job Title: Regional Commercial Finance Controller
Job Reference:RCFC
Location: Abuja
Department: Finance

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.
  • 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.
  • 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.
  • Ensure settlement and billing activities result in accurate revenue. goods issue update, and update of customers account.
  • 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.
  • 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.
Desired candidate profile:    
  • Bachelor Degree or equivalent in Economics, Accounting, Finance, Business Administration, related field or equivalent.
  • Minimum of 8 years experience
  • 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.
  • 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

How to Apply

Interested and qualified candidates should:
Click here to apply

Note: Only candidates who meet the shortlisting criteria will be contacted

Application Deadline Date 
24th November, 2016.


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