• Application Deadline:
• Position: Finance Associate


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

PURPOSE

This position is established to support the Finance DIrector and the local Management Team in the following areas

• General Ledger management inline with JTI operating guidelines and statutory requirements


• Periodic reporting and closing, reconciliation of KA, O2C & P2P management Financial planning cycles (ASP/LE/OL), analysis and reporting of the actual business performance,


• Financial reporting of volumes and financials, with related variance analysis and roadmaps


• Improvement of the entity internal controls environment and business processes, review and upgrade of the local policies and procedures, integration of local information systems,


• Control and management of OPEX and marketing budget and actual spend.

Functional Skills

• Excellent knowledge of Financial & Management Accounting, IFRS, Tax accounting,


• Ability to work with tight deadlines,


• Strong analytical skills,


• Excellent communication skills, team player,


• Proactive, self-starter.

MAIN AREAS OF RESPONSIBILITY

• Entity Monthly Closing / Reporting


• To perform analysis and reporting of variances and fluctuations on OPEX on a monthly basis


• To take charge of monthly/quarterly reporting to Corporate Accounting e.g. Monthly/quarterly financial packs


• Closely crosscheck and monitor all postings on S4, carry out all reconciliations and make necessary correction where required on a timely and accurate basis


• Work closely with GSC team on all inventory postings made on S4 and ensure proper reconciliation


• General Ledger


• To prepare on monthly basis Key Account reconciliation and provide explanation of all balances each of the GL accounts


• To provide support to other function when raising a PRs on the system to ensure that appropriate Materials number, GL accounts, Cost center are used in creating PR’s.


• Ensure proper postings to appropriate class of account, cost centers and make an adjustment reclass where necessary.


• Ensure that all entries are accurate and that transactions are reported in accordance with accounting standards and government regulations and make changes where necessary


• To monitor the maintenance of Master Data with respect to creation of new vendors and FSV account maintenance for the entity to ensure appropriate classification


• Compliance


• Develop assertiveness to cope with the challenging environment, especially when dealing with role Local auditors / consultants, Tax authorities, Vendors and Internal stakeholders to advocate finance as compliance watch dog


• To Put measures in place in ensuring all compliance structures are in place in view of all audit (statutory, internal and relevant tax audits) as the case may arise.


• Proactively support during statutory and/or Tax audit & queries with the preparation of documentations, reconciliations and any other information as may be required


• Assist the Finance Manager (Entity)/FD WA) in the compliance of all regulatory laws and make recommendations for internal control improvement as the case may arise


• Ensure the compliance of all invoices received are in compliance with P2P policy


• Others


• To proactively perform my task as capex manager on EAM


• Proactively support the Lease accounting team to ensure appropriate classification of Lease transactions in line with IFRS standard


• Monitor and update all accruals, prepayment made for the entity.


• Support other team members (GSC, Marketing, Admin & PPO) as the case arises

Minimum Requirements

• University Degree in Finance & Accounting; Accounting Qualification is required or in process.


• Minimum 3 years preferably in a similar position within an international environment or in an financial consulting firm.


• Fluent in English & Microsoft Office tools (Excel & Power point) is a must. SAP HANA & GPM knowledge is a plus.