Finance & Admin Manager

Posted 9 Hours Ago
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Lagos, NGA
In-Office
Senior level
Food
The Role
The Finance & Admin Manager is responsible for managing financial performance, accounting, cash collection, budgeting, corporate processes, and IT activities within Lesaffre Nigeria, ensuring compliance and optimizing finance operations.
Summary Generated by Built In
Company Description

As a global key player in yeasts and fermentation, Lesaffre designs, manufactures and markets innovative solutions for Baking, Food taste & pleasure, Health care and Biotechnology.

Family group born in northern France in 1853, now a multi-national and a multicultural company, Lesaffre is committed to working with confidence to better nourish and protect the planet.
In close collaboration with its clients and partners, Lesaffre employs 11 700 people in more than 50 countries.

Lesaffre achieves a turnover of 3,2 billion euros.

Job Description

Reporting to the West Africa Finance Manager, you will be responsible for the financial management, corporate and IT activities of Lesaffre Nigeria. You will optimize the financial performance of the company while ensuring compliance with legal regulations and company policies.

Your missions will be:

Treasury

  • Manage banking relationships and oversee all daily banking activities
  • Develop plans for long-term financing, contribute to finance cost optimization plans
  • Plan, project and report current cash flow
  • Negotiate short-term loans and lines of credit with banks
  • Support purchasing in hedging of FOREX and commodity prices

Accounting and financial controls

  • Ensure and coordinate accounting task
  • Prepare financial statements and accounting reports
  • Establish and monitor the implementation of accounting and control procedures
  • Interact with internal and external auditors, tax authorities and tax consultants
  • Coordinate annual report and prepare the financial section
  • Ensure compliance with all internal policies and relevant regulations
  • Improve and implement the financial system to ensure maximum productivity

Cash collection & credit monitoring

  • Monitor customer credit exposure, limits and payment terms
  • Conduct regular credit reviews and identify potential risks
  • Track accounts receivable and ensure timely collection
  • Alert on overdue accounts, deteriorating payment behavior, and potential bad debt risks
  • Coordinate the implementation of corrective actions, escalate critical cases and recommend appropriate measures
  • Prepare regular cash collection and credit risk reports
  • Drive continuous improvement of collection processes

Costing

  • Supervise monthly analysis of cost of goods sold and operational expenses
  • Perform cost analysis and cost accounting to ensure a proper decision support system
  • Prepare products financial simulations

Management reporting

  • Present monthly and year-to-date financials with analysis of results
  • Develop regular reporting and financial analysis required by management
  • Ensure financial management reporting tools and processes are in place
  • Develop and manage forecast management reporting
  • Lead the Stock take exercises, identify and report any discrepancy
  • Realize studies required by management

Budgeting

  • Lead the annual budgeting process
  • Coordinate and organize the budget process
  • Manage the financial modelling and analysis for long-term strategic initiatives and business plans
  • Prepare and review budget, revenue, expense, invoices, and other accounting documents
  • Monitors annual and monthly operating budget for all departments and reports variances to ensure on a monthly basis that company profitability targets are achieved.
  • Analyze revenue and expenditure trends to recommend appropriate budget levels

Corporate & organizational

  • Lead corporate process in a context of joint venture
  • Lead the IT function in coordination with Regional IT Manager
  • Ensure training, supervision, development and performance of the team.

Qualifications

You graduated in Business Administration or finance with at least a 5 years' experience.

Technical skills

  • Fluent in English
  • Proficiency in Word, Excel, PPT

Behavioral skills:

  • Self-managing abilities, ability to prioritize and organize tasks
  • Good interpersonal and communication skills
  • Team spirit
  • Project management
  • Analytical mind, anticipation and autonomy
  • Able to propose alternatives/solutions, innovative
  • Strict sense of confidentiality

Additional Information

To join us is : 

  • Being part of an organization with human-centered values
  • Sharing our mission of nourishing and protecting the planet
  • Advancing your career in a diverse and rewarding work environment

At Lesaffre, diversity is a strength that enriches our culture and our teams. We are committed to offering you a work environment where you can thrive, regardless of your background, gender, age or abilities. We encourage all applications, as we believe that diverse perspectives strengthen our ability to innovate and meet the challenges of tomorrow.

Skills Required

  • Graduated in Business Administration or finance
  • At least 5 years of experience
  • Fluent in English
  • Proficiency in Word, Excel, PPT

Lesaffre Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Lesaffre and has not been reviewed or approved by Lesaffre.

  • Healthcare Strength U.S. postings and employer-verified listings describe comprehensive medical, dental, and vision coverage, in some cases starting on day one. Subsidiary and job materials also point to strong health plans across certain U.S. entities.
  • Retirement Support Job postings and U.S. materials indicate a 401(k) with company match, sometimes with day-one eligibility. Employer-verified benefit lists also include retirement plans as part of the core package.
  • Strong & Reliable Incentives Performance bonuses and employee discounts are referenced as part of total rewards, and shift differentials can materially increase pay in roles with nonstandard hours. These elements provide additional pathways to boost total compensation beyond base pay.

Lesaffre Insights

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The Company
4,258 Employees
Year Founded: 1853

What We Do

A key global player in fermentation for more than a century, Lesaffre, with a €2.7 billion turnover, and established on all continents, counts 11,000 employees and 96 nationalities. On the strength of this experience and diversity, we work with customers, partners, and researchers to find ever more relevant answers to the needs of food, health, naturalness and respect for our environment. Thus, every day, we explore and reveal the infinite potential of microorganisms. To nourish 9 billion people, in a healthy way, in 2050 by making the most of our planet’s resources is a major and unprecedented issue. We believe that fermentation is one of the most promising answers to this challenge.

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