Applications are invited from suitable and qualified candidates for the Position of Accountant at Flour Mills of Nigeria Plc.
About Flour Mills of Nigeria
Flour Mills of Nigeria Plc (FMN) is one of the largest and most established food and agro-allied companies in West Africa, founded in 1960. Known for its iconic Golden Penny brand, FMN operates across the entire food value chain, from milling flour and producing pasta, noodles, edible oils, and sugar, to animal feeds and agro-processing. With a strong focus on innovation, local sourcing, and sustainability, the company plays a vital role in Nigeria’s economy by creating jobs, supporting farmers, and delivering quality food products that are part of millions of households every day.
Summary
- Company: Flour Mills of Nigeria
- Job Title: MANAGEMENT ACCOUNTANT GOLDEN PENNY LIMITED – APAPA
- Job Type: Full Time
- Qualification: BA/BSc/HND
- Location: Lagos, Nigeria
Job Title: MANAGEMENT ACCOUNTANT GOLDEN PENNY LIMITED – APAPA
PURPOSE
To provide accurate financial analysis, budgeting support, cost monitoring, and management reporting that drive effective business decisions. The role ensures timely preparation of financial performance reports, maintains compliance with financial standards, and supports internal controls across all financial operations.
THE JOB
- Prepare monthly, quarterly, and annual management accounts in line with reporting timelines.
- Analyze financial performance, variances, trends, and cost drivers to support management decision-making.
- Monitor actual performance against budget and provide variance explanations.
- Maintain accurate cost and management accounting records, including cost centres and allocations.
- Support product costing, cost-benefit analysis, and profitability analysis.
- Reconcile key ledger accounts, including inventory, assets, and control accounts.
- Review and validate financial entries, invoices, accruals, and adjustments.
- Prepare operational financial reports for production, procurement, HR, logistics, and other departments.
- Ensure compliance with internal controls, financial procedures, and audit requirements.
- Support internal and external audit exercises with necessary schedules and documentation.
- Identify cost-saving opportunities and highlight financial risks.
THE PERSON MUST HAVE
- Have strong experience in management accounting within an FMCG manufacturing environment, including budgeting, forecasting, and monthly management reporting.
- Possess solid knowledge of cost accounting, standard costing, and variance analysis, with the ability to track production costs, material usage, and manufacturing efficiencies.
- Demonstrate the ability to partner with production and supply chain teams to monitor cost drivers, control wastage, and improve operational performance.
- Be proficient in the use of ERP systems and advanced Microsoft Excel for cost analysis, inventory valuation, and manufacturing performance reporting.
- Have excellent analytical, problem-solving, and communication skills to support decision-making, improve cost efficiency, and meet business targets in a fast-paced FMCG manufacturing environment.
See Also:
Requirements for the Position of Accountant at Flour Mills of Nigeria Plc
QUALIFICATIONS
- HND/B.Sc./B.A. in Accounting, Finance, Economics, or related field
- Added advantage: ICAN, ACCA, ACA (or ongoing certification)
EXPERIENCE
- 3–5 years’ experience in accounting or finance roles
- Added Advantage: Experience in manufacturing/FMCG or cost accounting roles..
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