Senior Financial Accountant at Nestle Nigeria Plc

Nestle Nigeria Plc - As the Leading Nutrition Health and Wellness Company, we are committed to enhancing People's lives, everywhere, every day. Infact enhancing lives will influence everything we do together.

A presence in more than 130 countries and factories in more than 80 research centres brings many global benefits. We believe in long term career development and appreciate how challenges and motivation will help you reach your potential. Nestle Nigeria Plc upholds the principle of Non- Discrimination and Equal Employment Opportunities in its recruitment processes.

We are recruiting to fill the position below:

Job Title: Senior Financial Accountant

Location: Ilupeju, Lagos
Job type: Full-Time

Position Summary

• We are currently looking to fill the role of a Senior Financial Accountant, who will be responsible for managing financial transactions, maintaining accurate records, and ensuring compliance with accounting procedures and Standards.
• This role involves reconciling accounts, preparing financial reports, managing financial KPIs and works closely with internal teams and external stakeholders to facilitate financial operations and contribute to the organization's financial health and success.

Responsibilities
Accounting Operations:

• Ensure a seamless and real-time running of the Financial Reporting processes to aid the speed of delivery in providing real-time and accurate financial information to Management and other users.
• Lead Balance sheet Integrity Reviews
• Develop and uphold robust internal controls and procedures to safeguard the integrity of financial reporting.
• Coordinates the implementation of improvements to streamline accounting processes.
• Manage all Financial KPIs and KRIs within the finance and control.
• Maintains chart of accounts master data, assessment and allocations rules and tables, and standard general ledger balance sheet and profit and loss reports and communicate changes, as required, to markets/businesses and NBS.
• Perform check on treasury and cash management activities, including hedging, petty cash management, etc.
• Provide insightful financial analysis and recommendations, empowering management to make well-informed business decisions.
• Collaborate seamlessly with other departments, contributing to the overarching financial management strategy of the company.

Closing and Financial Reporting:

• Coordinates period-end close process, reviews account reconciliations, and ensures accurate and timely financial reporting.
• Prepares and submits statutory and out of NBS scope reports, reviews and submits final reports which are in NBS scope.

Accounts Receivables:

• Manage all vendors with debit balances reconciliation and clearing of the accounts.
• Perform expected credit loss transactions and make recommendation.

Internal Controls & Compliance:

• Works with other departments to apply accounting recommendations to operational issues to ensure accounting controls are maintained.
• Ensures compliance with market tax requirements.

Others:

• Manages all external aspects of audit relating to accounting.
• Manages audit process improvements relating to accounting.
• Manage dividend reconciliation with company's registrar.
• Works with Nestle Treasury to ensure appropriate banking, payment processing infrastructure in place to achieve accounting objectives.
• Coordinate and support all tax and regulatory reporting requirements.

Requirements

• B.Sc./HND in Finance or Accounting and MUST be a Chartered Accountant i.e., ACA, ACCA.
• Ten (10) years of practical experience with a significant portion in a managerial role.
• Extensive knowledge of accounting principles, standards (IFRS, CAMA), and tax regulations.
• Experience with financial reporting, management accounting, Costing and auditing in FMCG companies is mandatory.

We Offer

• Interesting and challenging work in an international company – a branch of worldwide and well recognized FMCG concern.
• Possibility to work in a dynamic team of professionals and leaders.
• Possibility to work with challenging projects and responsible tasks.
• Atmosphere full of respect, professionalism, and excitement.
• Possibility of development & career advancement.

Application Closing Date
8th April, 2024.