Food Concepts PLC – Finance Officer

Food Concepts PLC was founded in 1999 and began operations in 2000. Initially, the company acquired important franchises from notable South African Quick Service Restaurant operators to manage and operate these brands in Nigeria. Over time, Food Concepts expanded its portfolio by acquiring the Butterfield brand and creating new brands such as Chicken Republic, PieXpress, Yum Yum, and The Chop Box. Upon restructuring, Food Concepts now exclusively owns and manages the Chicken Republic, PieXpress, and The Chop Box brands. Chicken Republic, which was established in 2004, has grown rapidly, with 55 stores opened across Nigeria and Ghana. Chicken Republic is known as the fastest-growing chicken QSR in West Africa and the leading chicken QSR in Nigeria, both in terms of revenue and number of outlets. It was also ranked among Nigeria’s top 20 brands in the 2009 Financial Standards Awards.

We are recruiting to fill the position below:

Job Title: Finance Officer

Requisition ID: 762
Location: Lagos

 

Key Responsibilities

  • Processing of suppliers / vendor invoices for payment.
  • Maintaining the creditors’ schedule.
  • Ensure daily/weekly collection of Bank statements and   confirmation of cheques.
  • Manage all forms of payment (internet banking, Remita, Interswitch, etc).
  • Keeping the financial documents organized and filed.
  • Detect and eliminate errors in payment request.
  • Confirm all retirement before another cash advance is processed for staff.
  • Ensure posting of items received by the store into appropriate Trade Creditor’s account.
  • Verify all intercompany transactions across businesses; review and sign off on all intercompany transactions across the divisions.
  • Confirm on monthly basis that charges on COT and Interest are in line with the agreed rate.
  • Perform any other related duties from time to time.

 

Key Performance Indicators
Outputs: Frequency:

  • Daily Cash Position – Daily (12 noon).
  • Review of Bank Reconciliation Statements – Weekly (WD 2).
  • Bank Charges/Interest Verification Report- Monthly (WD 5).
  • Report on Fixed Deposit – Monthly (WD 5).
  • Treasury Sectional Report – Monthly (WD 5).

 

Educational Qualifications / Experience

  • University Degree or HND in Accounting, Finance or related discipline.
  • Minimum of 1 years post professional qualification experience.

Desired Personal Attributes:

  • Integrity.
  • Proactive self-starter.
  • Assertive and tenacious.
  • Ability to work with little or no supervision.
  • Ability to work with all levels of management, build partnerships and teams.
  • Highly organized and able to adapt quickly to changing priorities.
  • Ability to cope with and work under pressure.

Functional Competencies/Requirements:

  • Skill to improve risk management through reduction/transparency of cash balances.
  • Banking transaction execution and settlement skills.
  • Cash and investment reporting skills.
  • Compliance with audit observation as to the segregation of duties with reference to the back office functionality of recording transactions through a systematic-driven authorization and execution process.

General Management Competencies/Requirements:

  • Strong Oral and Written Communication skills.
  • Good Presentation Skills.
  • Relationship Management.
  • Strong Problem solving skills.
  • Ability to plan, schedule and coordinate effectively.

 

Application Closing Date
Not Applicable.

 

Method of Application
Interested and qualified candidates should:
Click here to apply

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