Finance Associate (General Ledger Management) at UAC Foods Limited

UAC Foods Limited is a leading manufacturer and Marketer of tasty, nourishing convenience foods. The business is a joint venture between UACN Plc of Nigeria with 51% equity stake and Tiger Brands of South Africa with 49%. We are a quality conscious company and always aim to add value to our consumers with our rich basket of Snacks, Beverage and Dairies products. Our foremost act of social responsibility is the nutritious, hygienic and safe products that we consistently give to Nigerians.

Staffed with the right people in key Technical, Production and Customer Service Units coupled with our rich culture of innovation spanning many years, we have remained a dominant player in the food industry. Our company pioneered the Sausage Roll market in 1952 and for over 50 years, Gala has kept Nigerians going in their journey to success.

We are recruiting to fill the position below:

Job Title: Finance Associate (General Ledger Management)

Location: Lagos Island, Lagos
Job type: Full time

About the Job

• This position will be responsible for ensuring all General Ledger related transactions are recorded in the Company’s books.
• Specifically, this position will carry out daily accounting activities; ensuring that proper accounting and recording of company transactions are performed in an accurate and timely manner; producing financial and other key reports for management.
• The Finance Associate will also provide proactive support in the execution of procurement activities.

Key Accountabilitie

• Coordinate posting of transactions on SAP
• Review weekly bank reconciliation reports
• Prepares Monthly reconciliation statements of other key general ledger accounts
• Manage Intercompany Accounting for the corporate centre
• Maintain and update the general ledger, ensuring journal entries and reconciliations are accurate
• Posting of monthly accruals and standard journals
• Reconcile balance sheet accounts and ensure discrepancies are resolved in a timely manner
• Monthly preparation and posting on SAP of the following monthly rental-related schedules: Rent received schedule from Tenants, Amortization schedule, Accrual schedule, Ground & House schedule, Group Rental schedule.
• Monthly computation and posting of commercial service fees
• Monthly preparation and posting of salary schedules
• Monthly amortization of allowances paid to employees
• Oversee procurement activities and responsible for purchase order creation for Corporate Centre
• Quarterly allocation of Centre of Excellence (COE) costs to relevant Business Units
• Preparation of correspondence (letters, memos, mandates, etc.) for the day-to-day running of the Department
• Ensuring adherence to accounting standards and legal compliance
• Collaboratively developing operating policies and procedures, improvement programs and management systems for the attainment of objectives of specific projects and the Company
• Undertake procurement for office and Information Technology consumables
• Ensures appropriate insurance cover for all eligible fixed assets
• Manage the fixed asset accounting, ensuring accurate tracking of acquisitions, disposals, and transfers
• Collaborate with internal and external auditors during financial audits
• Prepare monthly, quarterly, and annual financial statements
• Carry out from time to time any other function as may be assigned by the Corporate Centre Vice President, Finance.

Education/Knowledge, Skills, Attributes, Experience & Other Requirements

• First Degree in Accounting and other related disciplines is required.
• Professional accounting qualifications such as ACA, and ACCA.
• A minimum of four years of professional experience within a finance function from industry and or Big 4 professional service firm.
• Good technical IFRS accounting knowledge and good SAP/ERP knowledge.
• Practical knowledge of office tools (Excel, Word, etc.).
• Strong stakeholder management and relationship skills.
• Good financial accounting experience covering General Ledger.
• Good people management and communication skills.
• Ability to interact with other Business Units throughout the organization.
• An understanding of socio-political and economic issues and their impact on the business.
• Drive and zeal to learn and take on new tasks.

Application Closing Date
Not Specified.

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