Finance Lead Job at LIPTON Teas and Infusions

LIPTON Teas and Infusions is the world's largest tea business with a remarkable portfolio of over 30 world-class brands, including iconic names like Lipton, PG Tips, TAZO, Brooke Bond, and B-Corp certified Pukka and T2. Based in the Netherlands and operating in more than 100 countries, we pioneer innovative, premium and sustainable teas and infusions to delight our consumers daily.

We are recruiting to fill the position below:

Job Position: Finance Lead

Requisition ID: 1358
Job Location: Lagos
Job Type: Full Time

Role Summary

• The role of a Finance Lead at Lipton Teas and Infusions in Nigeria is crucial in overseeing the financial operations and strategy of the company.
• The Finance Lead is responsible for managing financial reporting, creating financial statements, analysing financial data, overseeing accounting operations, budgeting, forecasting, and ensuring compliance with regulatory requirements.
• They play a key role in providing financial insights and analysis to support decision-making, driving efficiency and profitability within the organization. Additionally, the Finance Lead works closely with senior management to develop and implement financial policies and procedures Controller that align with the company's goals and objectives.
• Overall, the Finance lead at Lipton Teas and Infusions in Nigeria plays a vital role in maintaining financial stability and driving sustainable growth for the business.

Your Key Responsibilities
Financial Reporting:

• Prepare and review financial statements, ensuring accuracy and compliance with accounting standards.
• Monitor and analyse financial performance, identifying trends and variances for management review.
• Provide financial insights and recommendations to support decision-making.

Budgeting and Forecasting: 

• Coordinate the annual budgeting process, working closely with stakeholders to develop realistic financial targets.
• Review financial forecasts and analyse budget vs. actual performance, identifying areas for improvement and cost-saving opportunities.
• Provide budget guidance and support to other departments, ensuring alignment with organizational goals.

Compliance and Internal Controls:

• Ensure compliance with accounting principles, regulations, and internal control procedures.
• Review and implement financial policies and procedures to enhance efficiency and mitigate financial risks.
• Coordinate internal and external audits, providing necessary documentation and addressing audit findings.
• Review and ensure robust policies around treasury, foreign exchange exposure and cash flow management.

Team Leadership and Development:

• Supervise and mentor finance team members, providing guidance and fostering a culture of continuous improvement.
• Set performance objectives, conduct performance evaluations, and support professional development.
• Collaborate with HR for talent acquisition and succession planning within the finance department.
•  Perform any other duties as may assigned by Head of Finance 

Skills and Experience

• Finance Degree, ACA or MBA highly valued.
• 3 - 5 years’ experience in FMCG industry
• Excellent IFRS accounting/reporting skills accompanied by strong analytical skills
• Strong understanding of implementing global accounting policy controls framework
• Strong fundamental business technical skills (including Excel and PowerPoint) and software applications (i.e., S4Hana)
• Strong financial and business acumen
• Experience in commercial finance within CPG or similar industry.

Who we are looking for:

• The individual has a natural bias for action and is willing to make a positive difference to achieve higher levels of performance.
• Able to build and maintain relationships across a network of cross functional partners
• Strong technical individuals with accounting background
• Able to communicate effectively with all levels of leadership
• Takes direct ownership of objectives with high levels of self-assurance to achieve goals.
• Bringing powerful analysis to issues and rapidly absorbing new information and knowledge to apply new techniques, technology, and procedures.
• Impactful and flexible in communicating and influencing the issues with the ability to work across matrices of functions.
• Ability to work with internal and remote teams, a strong team player
• Ability to multi-task on overlapping key business issues.