Latest Job Vacancy at Jumia Nigeria

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Jumia is Nigeria’s number one online shopping destination where you can shop the widest selection of electronics, fashion, home appliances, kid’s items and more in Nigeria and have them shipped directly to your home or office at your convenience!

FINANCE MANAGER, LOGISTICS AND OPERATIONS

OBJECTIVE

As Finance Manager, Logistics and Operations, you will be responsible for providing financial advice and support to the Company in order to make sound business decisions.

RESPONSIBILITIESInventory Management:
Establish and monitor appropriate accounting practices to ensure all inventory activities are captured correctly in Inventory Management system and interface accurately into the accounting system
Establish inventory reconciliation procedures to ensure accuracy of all balances
Ensure accurate Inventory ageing and analysis and appropriate provisions are kept in the books for slow and obsolete stock
Ensure accurate book  keeping for all initiatives regarding stock in transit and returns to Vendors

Financial Planning and Budget Management:
Prepare the annual operating and strategic plan for the business unit (includes working capital and cashflow projections) to the right quality and to time.
Prepare unit budgets and consolidate for the business unit and ensure consistency of numbers in line with the Service Level Agreements with each venture.
Deploy best in class cost accounting tools to ensure clarity of cost bases and provide clarity on Cost optimization opportunities, and revenue generating schemes.
Ensure accuracy in invoicing
Ensure all unit heads are held to account to operate in line with the budget. Full variance analysis and corrective action plans are provided on a periodic basis (e.g. monthly)
Financial analysis as will be required from time to time too aid management decision making.
Financial Accounting and Reporting:

Ensure completeness, correctness and accuracy of accounting records and transactions in the Financial accounting systems and in line with IFRS.
Prepare monthly reconciliation statements of accruals and analysis of expense and revenue heads.
Ensure proper filing of source documents and records relating to the operations of the business unit.
Prepare Monthly Business Review reports fully reconciled to the SLA and the Financial accounting systems.
Ensure internal control processes are working optimally.
Expedite all audit assignments and ensure that recommendations are implemented to time and risks identified are mitigated.
Adequacy of reconciliation with 3rd Party Logistics providers and completeness and accuracy of transactions embarked on with them.
Fixed Asset and CAPEX Management:
Ensure the completeness and accuracy of the fixed asset register in line with IFRS.
Ensure the adequacy of controls over the additions and disposals of assets and physical verification.

Others:
Provide leadership to finance team members and financial support to unit heads within the Business Unit.

COMPETENCIES REQUIRED
Ability to communicate effectively with internal and external affiliates and clients
Strong analytical and problem-solving skills. We are building ventures from scratch, learning and solving problems along the way
Hands-on attitude. E-commerce is 50% operations, so you must not be afraid of rolling up your sleeves and getting your hands dirty
Proficiency in the use of ERP systems
Strong drive and ability to implement change in fast moving organizations
Willingness to make decisions as necessary and appropriate in accordance with company policies.
Self-starter who will take initiative to effect positive change
Ability to work independently, as well as with a team
Strong organizational skills
Demonstrated ability to maintain confidentiality of privileged information and professionalism at all times
Accuracy and attention to detail

QUALIFICATION & EXPERIENCE
Bachelor’s Degree in Accounting, Finance, Banking and Finance, Economics from a reputable University or equivalent
Master’s Degree in similar role above is an advantage
Certification from any recognized professional body (ACCA, ACA, ICAN, CFA) is compulsory
Minimum of 5 years’ in supervisory role with Cost accounting and management experience
Relevant financial accounting and management experience in supply chain operations
Adequate knowledge of the Ecommerce Industry

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