Management Accountant at Golden Penny Foods - Flour Mills of Nigeria Plc

Flour Mills of Nigeria Plc has been a part of the lives of Nigerians at home and abroad. Our global vision is to be a leading foods company in Africa providing high quality and affordable products in the most convenient ways to consumers through world class brands like Golden Penny Flour, Golden Penny Semovita, Goldenvita, Golden Pasta and Golden Noodles. The Company's flagship brand, Golden Penny, remains one of the best known and the preferred brands amongst bakers, confectioneries and consumers in Nigeria.

We are recruiting to fill the position below:

Job Title: Management Accountant

Location: Apapa, Lagos

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.

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.

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.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online