SENIOR MANAGER, INTERNATIONAL FINANCIAL REPORTING STANDARDS & CONSOLIDATION (IFRS&C) AT FLOUR MILLS OF NIGERIA PLC

About Company:

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 Description:

• We are seeking a highly skilled and detail-oriented Senior Manager IFRS and Consolidation to oversee the consolidation and financial reporting processes for our diversified manufacturing group.
• The ideal candidate will be responsible for ensuring timely and accurate preparation of consolidated financial statements in line with International Financial Reporting Standards (IFRS), supporting internal and external reporting, and working closely with independent divisional finance teams.

The Job

• Lead the end-to-end group consolidation process for multiple manufacturing divisions across different locations.
• Prepare accurate and timely consolidated financial statements in compliance with IFRS and group reporting deadlines.
• Ensure proper elimination of intercompany transactions, including inventory transfers, management fees, and intercompany loans.
• Provide technical guidance and interpretation of complex IFRS standards (e.g., IFRS 10, 15, 16, IAS 2) as they apply to manufacturing operations.
• Review and ensure the correct application of IFRS accounting treatments for inventory valuation, revenue recognition, fixed assets, and production-related costs.
• Overall responsibility for intercompany reconciliations and coordination of balance sheet reconciliation for the different legal entities.

Requirements:

• Bachelor's Degree in Accounting, Finance, or related fields
• Minimum of 10 years of post-qualification experience, with at least 3 years in a consolidation or IFRS reporting role.

Qualifications and Skills:

• Have excellent verbal and written communication skills.
• Have strong technical knowledge of IFRS, especially IFRS 10 (Consolidated Financial Statements), IFRS 15 (Revenue), IFRS 16 (Leases), and IAS 2 (Inventories).
• Be proficient in using consolidation software (e.g., SAP BPC, Oracle Hyperion, or similar) and advanced Excel skills.

Salary

Application Closing Date: Not specified

Application Instructions:

CLICK ON THE LINK BELOW TO APPLY