Finance Manager - Lagos

Financial Reporting, Statutory Compliance & Governance

• Own end-to-end financial reporting, delivering monthly management accounts, quarterly reviews, annual statutory statements, and specialized reporting for the brand principal.
• Ensure total adherence to Nigerian GAAP/IFRS, statutory tax requirements (CIT, VAT, WHT, PAYE), CAC filings, and brand principal audit guidelines.
• Lead external audit processes to maintain clean audit opinions and ensure audit-ready financial records throughout the year.
• Design, implement, and enforce internal control frameworks across cash handling, store procurement, payment releases, and expense approvals to prevent revenue leakage and fraud.

Profitability, Store Performance & Commercial Control

• Track gross margins across product categories, SKUs, and store locations, collaborating with Buying & Merchandising to mitigate pricing, discount, and inventory shrinkage risks.
• Analyze store-level P&L performance to highlight high- and low-performing sales channels, delivering actionable recommendations to Retail Operations.
• Control operating expenditures against approved budgets, challenging non-essential spend and optimizing operational cost structures as retail footprint expands.
• Conduct ROI analyses on marketing campaigns and reconcile brand principal promotional funds to maximize commercial spend efficiency.

Cash Flow, Treasury & Working Capital Optimization

• Build cash flow forecasts that incorporate inventory investments, capital expenditure, seasonal cycles, and new store openings to identify liquidity needs early.
• Optimize working capital by monitoring inventory turnover, payables, and receivables, negotiating favorable terms with suppliers alongside merchandising teams.
• Oversee banking and treasury operations, managing credit facilities and applying hedging strategies to mitigate foreign exchange risks.
• Develop business cases and financial models for store expansion, pricing strategies, and promotional initiatives to guide executive decision-making.

Business Intelligence & Team Leadership

• Build financial dashboards and track operational KPIs across revenue, margins, working capital, and cash flow to guide strategic planning.
• Lead, mentor, and build capability within the finance team, establishing standard operating procedures for month-end closes, control checks, and audit preparation.
• Partner cross-functionally with Retail Operations, Marketing, HR, and Buying & Merchandising to align financial data with operational improvement plans.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, Economics, Business Administration, or a related numerate discipline.
• Mandatory professional accreditation—ACA (ICAN), ACCA, or CPA. CFA designation is an added advantage.
• 8–12+ years of progressive finance experience, with proven leadership experience in finance function setup, working capital management, multi-store P&L oversight, and clean audit execution.
• Direct background in retail or multi-site operations (e.g., consumer electronics, fashion, FMCG, or hospitality).