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Reporting Accountant - Lafarge Africa Plc HND / BA / BSc Job

2023-08-21 15:05   Accounting / Financial Services   Lagos   188 views
Job Details

Location: Opebi, Lagos

Emloyment Type: Full Time


The Reporting Accountant is responsible for the application of International accounting & reporting standards, ensuring correct treatment of technical and complex accounting transactions, including but not limited to Lease Accounting, Fixed Asset Accounting, Financial Instruments valuation, Merger & Acquisition, Restructuring/Re-organization, Divestment and Investment Portfolio Management.

Working with the Reporting & Consolidation Manager is the incumbent is also responsible for the preparation of Group Wide Consolidated Monthly, Quarterly & Annual Financial reports and report same to the Board of Directors, Group Parent, Statutory Regulators and Shareholders under applicable standards in adherence to Holcim Accounting and Reporting Principles manual (HARP).


Functional scope: Accounting, Reporting and Consolidation

Geographical scope: All country product lines and sites.

Main Responsibilities

Financial Reporting Functions:

Perform consolidation of the parent and subsidiaries financial statements in order to produce internal and external group financial reports using SAP Financial Consolidation Application.

Assist in preparing monthly, quarterly and annual consolidated financial statements of the business and report same to Group management, Country management, the board and statutory regulators (Security and Exchange Commission, Nigeria Exchange Limited, Financial Reporting Council).

Assist in the preparation of quarterly board papers with interpretation of financial statements to the Management and Board of director’s committee.

Responsible for accurate usage of charts of accounts in the general ledger and financial statements.

Prepare Quarter Closing Option Memo

Provide recommendation for proper classification and booking of non-recurring but significant transactions

Provide and/organise training for new employee in the accounting and reporting unit.

Assist in the coordination of annual audit and quarterly review activities of external auditors

Implement and maintain reporting procedures to comply with internal control requirements,

Participate in other reporting projects/ assignments as required.

Lease & Trucking Accounting Functions:

Provide accounting support service to logistics unit in the treatment of bulk tanker and other trucking arrangements

Ensuring that the lease database held in SAP Real Estate Management Module is correct and complete

Make changes in the lease database to reflect the correct accounting for lease changes and validate the impact of these changes reported by the service providers

Monthly reconciliations of the General ledger and roll-forward of Right of Use and Finance Liability accounts

Assist in the preparation and submission of leases group reporting forms per IFRS 16 to Country and Group Management for Lease recognition approval.

Providing the appropriate information required by the Financial Planning and Performance Analysis (FPP&A) team for operating free cash flow and financial performance projection.

Company Description
Lafarge Africa Plc is a member of the LafargeHolcim Group the biggest building and concrete solutions company in the world. It is a publicly quoted company on the Nigerian Stock Exchange (NSE) and serves Nigeria with a wide range of building and construction solutions designed to meet housing and construction needs from small projects like individual home buildings to major construction and infrastructure projects.