Reporting Accountant - Lafarge Africa Plc HND / BA / BSc Job2023-08-21 15:05 Accounting / Financial Services Lagos 188 views
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.
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.