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Atreos, Budget and Reporting Manager

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About the portfolio company

Atreos Retail Platform the owners of Bokku! Mart, a Hard Discount grocery chain, that sells a limited assortment (350 items) of basic grocery items of daily consumption at the highest possible quality and the lowest sales prices in the market (www.bokku.com). Our stores are located in neighbourhoods, with average sizes of approx. 250 to 500sqm. This would allow the opportunity to open numerous stores. Beginning from September 30, 2022, we have opened 118 stores.  
  • Bokku! Is modelled after highly successful ventures in other parts of the world such as   
  • ALDI (US$100bn annual sales) which originated in Germany,  
  • BIM (US$10bn annual sales) which originated in Turkey, and   
  • D1 in Colombia (which started 15 years ago and already sells over US$4.5bn annually).   
All these companies are either leaders or challengers for the leadership in their markets. Atreos´ business plan is aimed to disrupt and transform the food retail establishment in Nigeria, while becoming its largest retailer with 1,000+ stores within the initial 10 years. Hard discount retailers have had massive positive social impact, generating formal employment for thousands of people across their geographies, while providing high quality basic foods and staples to millions of customers at a significant discount compared to alternatives  

Hard Discount retailing is grounded on Simple Management techniques that seek to eliminate complexity and generate efficiencies across all functions involved in the business. Hard discount stores differ from traditional supermarket chains or bargain stores by offering a limited selection of food and basic consumer goods—for example, 350 stock keeping units (SKUs) or less versus +20,000 SKUs available at a typical supermarket. 
 
Our goal is to have our customers trust us so much in quality and price, that they won’t even bother going elsewhere for the products we sell. We look forward to more people joining us on this journey.  

About the Fellowship role

Reporting to: CFO 
  • He/She guarantees the legally correct and on time accounting and financial closings for the company. 
  • He/She ensures compliance with governmental and tax authorities. 
  • In order to stay ahead of competition, he/she applies the economic principle to the extreme.  
Fellowship location: Nigeria 
Employment: Full-time, one-year Fellowship 
Starting Date: July 2025 

Key responsibilities

  • He/She ensures that he/she always has up-to-date knowledge of the applicable accounting and tax legislation. 
  • He/she prepares the central financial closing of the month according to the decided due dates. 
  • He/she prepares tax declarations correctly and on time.  
  • He/she supports the preparation of budget and budgetary management for the company and subsequently presentation summary for board meetings. 
  • He/she works in close contact with the accounting departments of the regions. 
  • He/she ensures homogeneous accounting procedures across the regions, recommends guidelines and rules in order to achieve this.  
  • He/she prepares necessary information which is required by governmental control entities like tax authorities and auditors.  
  • He/she prepares the weekly cash flow plan (if applies). 
  • He/she pays all invoices on time for which the central head office is responsible.  
  • He/she prepares standard reports which have been assigned to this position on time and with good care. 
  • He/she decides on cash payments according to the rules and regulations which have been defined.  

Requirements

Experience and education:
  • B.Sc in Accounting or any related social sciences course  
  • ACA, ACCA, FCA or related professional qualification is an added advantage  
  • Sound knowledge and use of Microsoft Office especially Excel and a good background knowledge of Budget preparation and budgetary management  
  • Minimum of 5 years of related experience, ideally with investment banking or private equity background 
  • Capacity to review multiple subsidiary financial reports and understand proper consolidation necessity 
Must Haves:
  • Must have a work permit for Nigeria 
  • Must have know-how skills on building financial models from scratch or have the ability to review existing ones  
  • Must be able to account and prepare reports in line with International Financial Reporting Standards (IFRS)  

About the LGT Impact Fellowship

As part of LGT Venture Philanthropy's and Lightrock's strategic efforts to scale positive impact, the LGT Impact Fellowship was established to provide additional know-how and capacity to portfolio organisations and companies. Each year a limited number of professionals are nominated to work full-time for one year with the organisations and companies supported by LGT Venture Philanthropy and Lightrock in Africa, India and Latin America as per the above job description.
LGT Impact Fellows are part of an enriching cohort of like-minded Fellows. They benefit from various program activities, including a 1-week in-person kick-off workshop, webinars, access to the network and know-how of LGT Venture Philanthropy, etc.

How to apply

Submit your application via the "Apply" button. Please note that we only accept online applications and that multiple applications are not allowed. However, you are invited to mention additional preferences in your application.
Moreover, please make sure to read all information in the application form carefully and answer the questions accordingly (additional information about the questions are marked with "i").