PURPOSE OF THE JOB
The role is responsible for partnering with Corporate Head office (CHO) budget holders to manage budgets, ensuring accurate cost allocation, budget compliance, and proactive management of negative cost trends. Ensures CHO costs are optimized, cost allocations are aligned with activities, and cost-saving initiatives are implemented effectively.
THE JOB
- Manage CHO cost operations to ensure compliance with company policies, accrate cost recording, and alignment with budget and LE targets.
- Lead monthly reviews with CHO budget holders to address variances and drive achievement of annual financial goals.
- Oversee Group Projects on a monthly basis to ensure adherence to budgets, with accurate classification of P&L costs and capitalization of intangible assets.
- Analyze and report Group Indirect Costs, identify cost drivers, and resolve variances in Business Units exceeding budget targets.
- Coordinate and consolidate Group Cost Savings Initiatives, track actual performance against targets, and collaborate with Procurement to develop and implement cost-saving projects.
- Ensure compliance with internal controls, policies, and regulatory requirements for all financial transactions and reporting.
- Monitor and improve financial systems and processes to enhance efficiency, accuracy, and reporting capabilities.
THE PERSON MUST
- Have excellent verbal and written communication skills.
- Be able to work in a fast-paced environment.
- Pay high attention to details.
- Strong analytical, organizational and decision-making skills.
- Flexibility to respond to changes in budgets, targets, and financial priorities.
QUALIFICATION
- B.Sc. / HND in Business Administration, Accounting or any related course.
- Knowledge of Microsoft Office – Excel, Word, and PowerPoint and other analytical tools.
EXPERIENCE
- 5 years in FMCG industry
- Certification in ACA/ACCA is an added advantage
