Mohinani Group - Our subsidiary, r-PET Nigeria, is recruiting to fill the position below:
Job Position: Financial Controller
Job Location: Nigeria
Employment Type: Full-time
Purpose
- To lead the finance function for the rPET manufacturing division by ensuring accurate financial reporting & Accounting, MIS, Costing, robust internal controls, compliance, cost management, business partnering, ERP governance, and continuous process improvements.
- The role will also support group finance transformation initiatives including SAP S/4HANA implementation, finance process standardization, internal audit compliance and master data governance across multiple business divisions
Key Responsibilities
Financial Accounting & Reporting:
- Ensure complete and accurate accounting of all business transactions.
- Lead month-end and year-end financial closing within agreed timelines.
- Prepare monthly management accounts, MIS reports and variance analysis.
- Ensure compliance with IFRS/local GAAP and Group accounting policies.
- Reconcile all balance sheet accounts and resolve outstanding items.
Manufacturing Finance & Cost control:
- Monitor manufacturing costs, production variances and inventory valuation.
- Review BOMs, production losses, material consumption and conversion costs.
- Validate inventory movements and physical stock reconciliations.
- Support costing updates and product profitability analysis.
- Partner with Operations to improve manufacturing efficiency and cost optimization.
Budgeting & business proposal:
- Prepare annual budgets and periodic forecasts.
- Monitor actual performance against budgets.
- Analyse operational and financial KPIs.
- Provide actionable recommendations to improve profitability and working capital.
Statutory tax and Legal compliance:
- Ensure compliance with tax regulations, government reporting and regulatory requirements.
- Monitor changes in statutory requirements and implement necessary controls.
- Maintain compliance documentation and statutory records.
Internal control & Internal Audits:
- Ensure implementation of Group financial policies and internal controls.
- Coordinate internal audit activities across the division.
- Track closure of audit observations within agreed timelines.
- Maintain audit evidence and compliance documentation.
- Identify process risks and recommend control improvements.
- Support development and implementation of finance SOPs.
SAP S4Hana & Finance Transformation:
Finance
- Support SAP S/4HANA migration activities.
- Validate finance master data including GLs, vendors, customers, cost centers, profit centers and fixed assets.
- Assist in data cleansing, UAT, cutover and post-go-live stabilization.
- Standardize finance processes across divisions.
- Recommend automation opportunities and eliminate manual processes.
Treasury & working captial:
- Monitor cash flow requirements.
- Review customer collections and vendor payments.
- Support banking transactions and cash management.
- Improve working capital through receivable, payable and inventory optimization.
Governance & Master data management:
- Ensure integrity of finance master data.
- Review approval matrices and financial delegations.
- Maintain chart of accounts and finance configuration governance.
- Monitor system controls and user access from a finance perspective.
Business Partnering:
- Partner with Operations, Procurement, Supply Chain and Commercial teams.
- Provide financial analysis to support business decisions.
- Evaluate capital expenditure proposals and investment cases.
- Support new business initiatives and strategic projects.
Team leadership:
- Coach and develop finance team members.
- Allocate work and monitor performance.
- Build finance capability through process documentation and knowledge transfer.
- Promote a culture of accountability, compliance and continuous improvement.
KPI
Financial:
Finance
- Month-end closing completed within timeline
- Accuracy of financial reporting
- Budget variance management
- Inventory accuracy
- Working capital improvement
- Manufacturing cost optimization.
Compliance:
- Zero material audit qualifications
- Closure of internal audit observations within target timelines
- Compliance with Group finance policies.
Transformation:
- SAP S/4HANA milestones achieved
- Finance master data accuracy
- SOP implementation
- Process automation initiatives completed.
Operational Excellence:
- Reduction in manual journal entries
- Balance sheet reconciliation completion
- Timely completion of account reconciliations
- Process improvement projects delivered.
People:
- Team capability development
- Cross-functional collaboration
- Knowledge sharing
- Succession planning
Qualifications
- Chartered Accountant (CA), ACCA, CPA or equivalent professional qualification.
- Bachelor’s Degree in Accounting, Finance or related discipline.
Experience:
- 8–12 years of progressive finance experience.
- 3-5 years in manufacturing finance.
- Experience in costing, inventory accounting and factory finance.
- Experience with ERP systems (SAP S/4HANA preferred).
- Experience managing external audits and internal audits.
- Experience leading finance process improvements.
Key Competencies
Technical:
- Financial Reporting
- Manufacturing Costing
- Inventory Accounting
- Budgeting & Forecasting
- Internal Controls
- Financial Analysis
- Advanced Excel & ERP Systems.
Behavioural:
- Leadership
- Analytical Thinking
- Business Acumen
- Problem Solving
- Communication
- Stakeholder Management
- Attention to Detail.
- Integrity
- Continuous Improvement Mindset
- Ownership & Accountability.
