Accountant Job at Promasidor Nigeria Limited
About Promasidor Nigeria Limited
Promasidor Nigeria Limited is a consumer packaged goods company headquartered in Isolo, Lagos. It is a subsidiary of South Africa based Promasidor Holdings. The firm’s major brands include Cowbell milk, Loya milk, Sunvita cereal, Onga seasoning and Top Tea beverages.
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Summary
- Company: Promasidor Nigeria Limited
- Job Title: Financial Accountant
- Job Type: Full Time
- Qualification: BA/BSc/HND
- Locations: Lagos, Nigeria
- Deadline: Not Specified
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Job Title: Financial Accountant
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Job Objectives
Responsible for playing a critical role in ensuring the accuracy and integrity of financial data for PNG and IDF. Ensuing financial statements for PNG and IDF are prepared in compliance with accounting standards such as IFRS, maintaining the accurate general ledger, and recording all financial transactions to ensure the timely and accurate reflection of the PNG and IDF financial position. Responsible for ICOFR implementation and sustainability.
Key responsibilities
- Preparation of all Monthly, Quarterly and Annual Financials Statements, including all statutory reporting
- Responds to financial inquiries by gathering, analyzing, summarizing, and interpreting data.
- Provides financial advice by studying operational issues, applying financial principles and practices, developing recommendations for improvement.
- Management of the company’s accounts receivables through the credit control manager, ensuring that the company’s credit policies are always strictly adhered to.
- Authorization of booking of accounting entries in the P&L and the Trial Balance in line with the authority limits.
- Authorization of opening of relevant P & L and Trial Balance Account codes and aligning same to ensure that the P & L structure is in line with accepted standard by the PNG group account.
- Ensuring that the Company’s Authority Limits are always adhered to
- Review of payments in line with the company’s authority limits.
- Responsible for effective balance sheet management
- Review of all items of payments to ensure that relevant taxes are deducted in linewith the relevant tax laws.
- Monthly review of P&L account and Trial Balance items to ensure correctness.
- Review of schedules of balances in both statements.
- Review reconciliations to all accounts in the General Ledger relating to functions in the section and take responsibility for related flash reports
- Monthly review of staff debtors’ position towards ensuring that cash and tour advances are retired on-time in line with company’s policies.
- Assist the Financial Controller to ensure that all audit recommendations are promptly implemented at all levels of management and taking proactive steps to close issues that may lead to audit exceptions.
- Identify controllable expenses and advise on areas of cost control/reduction to enhance company profitability.
- Be responsible for end-to-end controls of IDF operations and accounting
- Lead Internal Control Over Financial Reporting (ICOFR) of the business, train and ensure sustainability across the business
- Supervision and training subordinates especially in the Financial accounts section
- Be highly experienced, efficient and savvy in all applicable standards (both for PNG and IDF)
Job Requirements
- Bachelor’s degree in Finance/Accounting/Economics
- Professional Qualification: ACA or ACCA. Computer literacy and advance user of excel is a must
Experience
Minimum of 5 years of working experience in a similar field or function.
Knowledge & skills
- Business partnering skills
- Strong Communication/Presentation skills
- Good Knowledge of P&L Structure, and different impact calculations
- Good Knowledge of Financial Evaluation Build-ups
- Strongly conversant with the financial accounting standards
Personal Attributes
- Good Communication skill
- Interpersonal Relationship
- Team Building Spirit
- Ability to work under pressure
- Ability to impact knowledge on subordinates
- Ability to use Excel, Word and PowerPoint applications
- Attention for details
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Method of Application
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