Assistant Accountant Job at 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 Position: Assistant Accountant

Job Location: Nigeria

Purpose

• Ensures the timely and accurate booking of all domiciliary account transactions, effective management of foreign vendor accounts, and seamless execution of foreign exchange (FX) processes.
• The role focuses on securing FX through appropriate windows, maintaining accuracy in foreign currency transactions, supporting regulatory documentation (EEG/ECC), and ensuring efficient remittance processes to enable smooth business operations

The Job

• Prepare monthly FX prepaid account schedules for review.
• Prepare summaries for foreign payments, including carrying charges, interest expenses, and demurrage.
• Review all domiciliary accounts on a daily basis.
• Secure FX through the Investors & Exporters (I & E) window.
• Ensure accurate booking of FX transactions, including parallel purchases.
• Ensure timely and accurate booking of vendor payments in foreign currencies.
• Perform timely foreign vendor reconciliations.
• Compile and prepare input data for Export Expansion Grant (EEG) and Export Credit Certificate (ECC)
• Ensure timely remittance of technical fees as required

Qualifications

• Candidates should possess a B.Sc / HND in Accounting, Finance, or related field.
• Relevant professional qualification such ACA, ACCA will be and added advantage.

Experience:

• Minimum of 5 years of relevant experience in financial analysis or accounting roles.
• Proficiency in Microsoft Excel and analytical tools is required.

The Person Must:

• Have strong understanding of foreign exchange processes and foreign currency transactions.
• Have proven ability to manage domiciliary accounts and vendor reconciliations.
• Have strong analytical and reporting capabilities.
• Have high attention to detail with a strong focus on accuracy.
• Have the ability to work effectively across multiple departments.
•  Have strong communication and interpersonal skills.