Client of Phillips Consulting is an African conglomerate involved in diverse activities, yet focused on capturing the entire value chain in oil trading, shipping, storage, distribution and retailing. The company has a strong foothold in petroleum products marketing in the international market and is one of the largest and most efficient downstream players with solid roots in Nigeria leading the fuels and lubricants market in Cameroon, Benin, Togo and Cote D' Ivoire.
The company is recruiting to the position of Accounts Manager, Inter-Company Account Analyst and Cost and Inventory Accountant.
1. Accounts Manager
- Supervise the Financial Reporting unit in the preparation of various monthly, quarterly and yearly reports to regulatory authorities (NSE and SEC)
- Supervise the Cost and Inventory unit in preparing and generating of Margin and other reports
- Supervise and coordinate the Customer/Control unit to ensure proper report generation, adequate reconciliation and proper record keeping
- Verify the correctness or otherwise of accounting treatments of transactions
- Liaise with Treasury, Lubricant, Invoicing, suppliers and other departments to ensure that appropriate entries are captured correctly in the company books and records.
- Prepare all adhoc reports as may be demanded by Management.
- Coordinate the Annual audit exercise.
- Oversee the management and maintenance of Fixed Asset Schedules and Register.
- Review the correctness of all month-end manual journals to be posted into the system
- Supervise and coordinate the running of SAP month end closing and reconciliations
- Liaise and follow-up with IT Support and SAP Consultants to resolve all matters and issues relating to IT and SAP
- Oversee the preparation of month-end journals to book accruals for freight and bridging claims
- Coordinating and ensuring the preparation of WAC on Sales,
- Supervise all Archive functions with the view to ensuring proper filing and retrieval of documents
- Review of GL, Trial balance and Management Accounts
- Coordinate year end audit and submission of relevant schedules to external Auditors.
- Liaise with external Auditors on all audit matters.
- Assist in determining training requirements of finance staff team
Requirements:
- A minimum of a good first degree in Accounting or in any other relevant field(s) of study
- ACA certified
- MBA or Masters in relevant field will be an added advantage
- At least 7 years industrial experience in accounting;
- Proven managerial capabilities
- Analytical skills;
- Communication skills;
- Ability to quickly assimilate new information and focus on set goals;
- Member of relevant certification body
- Hands-on experience with SAP
Benefits
Competitive salary package and benefits;
Opportunities for ongoing learning and career development.
2. INTER-COMPANY ACCOUNT ANALYST
- Supervise day to day functions of Financial Transactions as it relates to all intercompany deals.
- Monitor Fixed Assets Register of the company (i.e. Property, Plant & Equipment and other AUC’s).
- Provide analytical support to the business units. Ensure accurate keeping of all PP&E records nationwide and follow up with relevant department to ensure that the PP&E records by location is compared with physical PP&E inventory at least once every two years.
- Ensure timely preparation and submission of the under listed reports (and any other so demanded by management).
- Run Monthly Depreciation computation, and Amortization and ensuring these are line with the TB figures at any time.
- Liaise with both Internal/External auditors during audit process ensuring all Inter-coy balances are correct and signed off by respective BU’s.
- Ensure that all balance sheet accounts as per Intercompany transactions are clearly reviewed and reconcile on month-by-month basis. Ensure prompt clearing of open items such that no open item is greater than sixty days.
- Review and sign all reconciliations relating to all the units.
- Monitor and review all month-end manual journal entries to ensure that only legitimate entries are made to the accounting records.
- Ensure all write-offs are in line with the Delegation of authority(DOA)/F1128
- Maintain the various Templates and Profiles in SAP to ensure the reliability of Reports generated from them.
- Ensure that all inter-company accounts meant to be cash-settled (Restricted Accounts) are settled on or before the 30th day of the following month and that disputes with Trading Partners are promptly investigated and resolved.
- Run the Month End Closing program, including the Currency Translation process ensuring that Exchange Gains/Losses are computed and recognized during the Month
Requirements:
- A minimum of a good first degree in Accounting or in any other relevant field(s) of study
- ACA certified
- At least 4 years industrial experience in accounting
- Good practical use of SAP
- Strong analytical skills
- Strong communication skills
- Ability to quickly assimilate new information and focus on set goals
- Membership of a relevant certification body
Benefits
Competitive salary package and benefits;
Opportunities for ongoing learning and career development.
3. Cost and Inventory Accountant
- Monthly preparation of Gross margin analysis and Inventory balance analysis for management review.
- Interact with the Logistics & Supply managers to ensure that the Gross Margin and Inventory Reports reflect the true state of the business.
- Ensure accurate computation of WAC on White products and check the Raw Materials and Finished Goods cost computed by Lubricant Function
- Ensure that Gross margins, Unit margins and relevant adjustments are in accordance with company policies and accounting standards.
- Check the costing database every month before month-end processing to ensure that accurate unit cost figure are used for costing Raw material consumption, Fuel and lubricant sales.
- Preparation of monthly journals to book accruals for freight and bridging claims.
- Run the SAP Month End Closing on the 1st day of every month.
- Coordinate the implementation of process for successful end of month Inventory closing
- Create Item Codes, Item Class, Warehouse and Costs as requested by Business Unit Managers
- Reconcile of over 40 assigned Balance Sheet accounts on or before 18th of the following month.
- Carry out assigned adhoc reports that may be demanded from time to time
- Participate in Safety meetings. Perform assigned roles in Emergency Response /Drill activities. Report (and address, if possible) all act or Condition, Near-miss, incident or accident. Live the tenets of Operational Excellence.
- Ensure adherence to MRS, corporate values and policies
- Ensure ongoing adherence to MRS Business Conduct & Ethics Code and Manual of Compliance Procedures and Guidelines. Act as Champion of the compliance implementation in Nigeria and drive organizational change activities
Requirements:
- A minimum of a good first degree in Accounting or in any other relevant field(s) of study
- ACA certified
- At least 3 years industrial experience in accounting;
- Good practical use of SAP
- Strong analytical skills;
- Strong communication skills;
- Ability to quickly assimilate new information and focus on set goals;
- Membership of relevant certification body
Benefits
Competitive salary package and benefits;
Opportunities for ongoing learning and career development.
HOW TO APPLY?
Interested candidates should visit at http://www.phillipsconsulting.net/en/recruitment/our-vacancies to apply online.
