Assistant Finance Manager at Olam Agri

Department: Finance
Business: Integrated Feed & Protein

Job Description

• Manage and oversee financial operations, planning, and controls to ensure accurate reporting, regulatory compliance, and strong financial performance in support of business objectives

Responsibilities
Project Finance & Capex Management (Pre-Commissioning):

• Maintain the project capex tracker and monitor all project expenditures.
• Review spending against approved budgets and provide variance analysis.
• Track commitments, purchase orders, advances, and actual costs across project workstreams.
• Partner with Engineering, Procurement, and Project teams to ensure accurate project cost reporting.
• Ensure compliance with approval limits, Delegation of Authority (DOA), and capitalization policies.
• Prepare project finance dashboards and capex utilization reports for management review.
• Monitor Capital Work-in-Progress (CWIP) and support timely capitalization of completed assets.
• Support project close-out activities, asset creation, and transition to operations.

Plant Finance Leadership (Post-Commissioning):

• Manage plant accounting activities and ensure accurate recording of financial transactions.
• Lead month-end close and prepare timely MIS reports.
• Monitor manufacturing costs and perform variance analysis to support operational performance.
• Ensure compliance with accounting policies, SOPs, and statutory requirements.

Inventory, Assets & Governance:

• Lead inventory counts, reconciliations, variance reviews, and corrective action plans.
• Monitor inventory controls and analyse ageing, slow-moving, and obsolete stock.
• Ensure timely capitalization of completed assets and projects.
• Coordinate asset tagging, physical verification, transfers, and disposals.
• Ensure compliance with capitalization and depreciation policies.

Qualifications

• Bachelor's Degree in Accounting, Finance, or equivalent
• Qualified member of ICAN (Chartered Accountant, Nigeria).
• Post-qualification experience of 5 – 8 years.

Experience:

• Experience in a Greenfield/Brownfield project environment.
• Experience in manufacturing, FMCG, agribusiness, or industrial operations.
• Hands-on experience in Capex Monitoring, Asset Capitalization, and Plant Accounting.

Key Skills Required:

• Financial Accounting & Reporting.
• Project Accounting & Capex Tracking.
• Fixed Asset Accounting & Capitalization.
• Plant Accounting & Manufacturing Finance.
• SAP S/4HANA (FI, CO, MM, Asset Accounting).
• Advanced Microsoft Excel & MIS Reporting.
• Inventory Controls & Governance.