Senior Budget Analyst at Promasidor

Responsibilities

1. Coordination of cost centre review process:

• Agree cost centre review calendar with budget holders.
• Generate monthly pre-close reports and analysis.
• Conduct monthly cost centre reviews for all cost centres, providing adequate documentation.
• Conduct detailed analysis of all OPEX accounts.
• Investigate and follow-up with responsible parties to resolve erroneous postings and raising necessary journals to correct them.
• Ensure adequacy and completeness of all entries in the accounts with correct classification to location and cost center.
• Report significant omissions in the account to Management.
• Ensure that all necessary depreciations, amortizations and accruals are accurately captured in the account for each period.
• Investigate and report OPEX variances.
• Run post-close reports and extended trial balance for MGT accounts.
• Develop cost-saving initiatives for presentation to management, with subsequent implementation.

2. Ownership and reconciliation of all accruals and provision:

• Consolidate all accrual and provision schedules
• Validate all system-generated accruals
• Maintain and update accrual and provisioning model
• Reconcile provisioning model with system balances and MGT accounts

3. Business Partnership

• Generate Monthly OPEX flash
• Prepare Monthly detailed cost analysis by account
• Accrual and provision model
• Prepare Monthly extended trial balance
• Prepare Ad-hoc analysis report

Education

• HND/B.Sc or its Equivalent in Management Sciences,
• Professional Qualification: ICAN Qualified

Experience

• Good knowledge of Nigerian Tax Laws and Cases
• Sound Knowledge of the Nigerian Accounting Standard
• Minimum of 5 years of working experience in a structured organization.

Knowledge and Skills

• Analytical skills
• Ability to use Excel, Word and PowerPoint applications
• Ability to work under pressure

Personal Attributes

• Initiative and drive
• Team Spirit
• Effective leadership skills
• Good Communication skill
• Interpersonal Relationship

INTERNAL JOB SCOPE

1. Liaise with cost centre heads to review opex performances and variances

2. Liaise with Financial Accounts to ensure that correct, accurate and complete postings are made on NAV

COMPLEXITY OF THE JOB

• Adherence to Professional ethics
• Adherence to Management policies/procedures
• Timely preparation and rendition of required reports

JOB REQUIREMENTS/EXPERIENCE

• Minimum 3 years’ experience on a similar role
• First Degree in Accounting
• ACA or ACCA will be an added advantage

EXPERIENCE

• MS Office Suite
• Advanced Excel user
• Business Intelligence (Additional advantage)
• Relevant IFRS standards

KEY COMPETENCY AND SKILL REQUIREMENTS

• Self-driven
• Team player
• Strong interpersonal skill