Assistant Accountant at Flour Mills of Nigeria Plc

Purpose

• Ensures the timely and accurate booking of all domiciliary account transactions, effective management of foreign vendor accounts, and seamless execution of foreign exchange (FX) processes.
• The role focuses on securing FX through appropriate windows, maintaining accuracy in foreign currency transactions, supporting regulatory documentation (EEG/ECC), and ensuring efficient remittance processes to enable smooth business operations

The Job

• Prepare monthly FX prepaid account schedules for review.
• Prepare summaries for foreign payments, including carrying charges, interest expenses, and demurrage.
• Review all domiciliary accounts on a daily basis.
• Secure FX through the Investors & Exporters (I & E) window.
• Ensure accurate booking of FX transactions, including parallel purchases.
• Ensure timely and accurate booking of vendor payments in foreign currencies.
• Perform timely foreign vendor reconciliations.
• Compile and prepare input data for Export Expansion Grant (EEG) and Export Credit Certificate (ECC)
• Ensure timely remittance of technical fees as required

Qualifications

• Candidates should possess a B.Sc / HND in Accounting, Finance, or related field.
• Relevant professional qualification such ACA, ACCA will be and added advantage.

Experience:

• Minimum of 5 years’ relevant experience in financial analysis or accounting roles.
• Proficiency in Microsoft Excel and analytical tools is required.

The Person Must:

• Have strong understanding of foreign exchange processes and foreign currency transactions.
• Have proven ability to manage domiciliary accounts and vendor reconciliations.
• Have strong analytical and reporting capabilities.
• Have high attention to detail with a strong focus on accuracy.
• Have the ability to work effectively across multiple departments.
•  Have strong communication and interpersonal skills.