Finance Associate at Nectar Beauty Hub

 Nectar Beauty Hub is Nigeria's largest one stop beauty company with various beauty products for discerning beauty connoisseurs and other beauty care enthusiasts with emphasize on making everyone beautiful. We stand as a mother brand representing various beauty products and brands in Nigeria.Nectar Beauty Hub currently has retail outlets across Lagos. Our product lines include Beauty Equipment, Spa Furniture, Nail Care, Skin Care, Personal Care Products, Hair, Makeup & Products for Men.We are recruiting to fill the position below:Job Title: Finance AssociateLocation: LagosJob Objective(s)To facilitate the execution of best practice financial management processes and maintain good relationships with local and international financial institutions, government agencies, consultants etc.Duties & ResponsibilitiesFinancial Accounting & Treasury Management and Reporting:Ensure Proper record keeping of all financial records for adequate reportingEnsure all ledgers are reconciled and updated monthly (i.e. Creditors Ledger, Debtors Ledger, Prepayment Accounts, etc)Ensure Monthly preparation of Bank Reconciliation ReportDevelop and maintain credit control Policies and ProcessesManage cash-flow and collections within the outletsDesign and maintain effective internal control systemsEnsure Monthly reconciliation of all outletsEnsure Monthly business performance reporting (Profit & Loss Account, Balance Sheet, Cash-flow Analysis, Sales Analysis, etc)Manage Organizations Tax mattersEnsure Monthly provision of BusinessSafeguard all company's assetsMonitor payment processes (Suppliers, Salaries, etc)Planning & Control:Prepare corporate Annual Budget and variance reportEnsure budgetary Analysis and controlExternal relationship Management:Manage relationship with banksMaintain cordial relationship with Suppliers and DebtorsInventory Control & Store Management:Ensure products received and issued are properly documented and are in good condition with secured packaging not tamperedEnsure accuracy and efficiency in bar-coding and tagging of all received goods.Ensure reconciliation of waybill of actual goods received against shippers packing list and contact the supplier through the Merchandise Buyer to resolve discrepancies.Issue dispatch instructions to dispatch riders and drivers and provide routing information to ensure that delivery times and locations are coordinated.Schedule and monitor surface pickup, delivery or distribution of merchandise or materialsEnsure the processing and reconciliation of outlets orders and their deliveryMonitor demand and supply of goods from outletsReview invoices, work orders, reports, and demand forecasts to estimate peak delivery periods and to issue work assignments.Ensure proper arrangement of goods for easy identification and retrievalSupervise and maintain good relationship with transporters, clearing Agents to ensure quality and timely service deliveryPlan, develop, and implement warehouse safety and security programs and activitiesVerify inventory computations by comparing them to physical counts of stock and investigate discrepancies or adjust errors.Determine and ensure proper storage methods, labeling, identification, and location of merchandise based on quantities, fabric types, environmental factors and physical capabilities of facilities.Prevent inventory shrinkageTrain and evaluate performance of store personnelKey Performance Indicators:Revenue GrowthOperational Efficiency/Cost ManagementNet MarginReturn on investmentBudget VarianceTimeliness of completed quarterly financial reportsPerformance of external auditQuality and ease of retrieval of financial information. 

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