Jobs

Reporting & Consolidation Manager at Lafarge Africa Plc

Lafarge Africa Plc is a member of the LafargeHolcim Group – the biggest building and concrete solutions company in the world. It is a publicly quoted company on the Nigerian Stock Exchange (NSE) and serves Nigeria with a wide range of building and construction solutions designed to meet housing and construction needs from small projects like individual home buildings to major construction and infrastructure projects.

We are recruiting to fill the position below:

Job Title: Reporting & Consolidation Manager

Requisition ID: 1497
Location: Opebi - Ikeja, Lagos

Summary

The role is responsible for ensuring proper and timely closing of accounting periods, including reporting of financial information to internal and external stakeholders including Group, Country Management, the Board of Directors and relevant regulatory authorities including SEC, NSE, and Financial Reporting Council.

Responsibilities
GL Period Closing Administration:

Maintain period closing and fiscal year change in SAP
Manage period closing cockpit
Manage statistical key figures
Responsible for all FI valuation runs, provisions and discounting
Maintain and display period lock.

General Accounting:

Create and change consolidation units
Display hierarchy
Enter and upload financial data
Run and display drilldown reports
Consolidation and change of investments
Create, change, delete and display standard layouts, libraries, reports and report groups
Create, display and change model
Import and export reports and models
Display, delete and print extracts.

Fixed Assets Management Functions:

Manage a system of controls, procedures, and forms for recording/creating fixed assets.
Recommend to management any updates to accounting policies related to fixed assets.
Assign tag numbers to fixed assets and oversee fixed assets verification exercise
Investigate and manage critical spares which meets capitalisation criteria.
Conduct periodic impairment reviews for all tangible and intangible assets.
Recommend to management whether fixed assets should be disposed of.
Conduct analyses related to fixed assets as requested by management.
Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
Represent the company during any audits that involve fixed assets.
Track company expenditures for fixed assets in comparison to the capital budget and management authorizations
Record fixed asset acquisitions and dispositions in the accounting system.
Track the compilation of project costs/Capital expenditures into fixed asset accounts, and capitalise those projects once they have been completed.
Reconcile the balance in the fixed asset module to the summary-level account in the general ledger
Calculate depreciation for all fixed assets.
Review and update the detailed schedule of fixed assets movement

Reporting & Consolidation Functions:

Perform consolidations in order to produce internal and external financial reporting.
Prepare statutory information and validate the data used to compile statutory results
Contribute to ad hoc financial reporting by ensuring the correct level of support is available for the preparation of any ad hoc financial report.
Prepare statements reporting the financial position, cash flow and results of the business to Group, Country management, the board
Produce and file quarterly and annual returns with SEC, NSE, FRC
Prepare quarterly press release on the results
Implement and maintain reporting procedures to comply with internal control requirements
Be the lead and provide technical expertise on the financial reporting tool.
Perform continuous assessment of the close process and process re-engineering to reduce the timing to close the financial period.
Support month end and year end closing
Ensure timely submission of monthly reports to the group
Ensure that all data and information provided in is reliable, correct, and updated.
Identify, implement and communicate process improvements.
Prepare quarterly board papers
Monitor and ensure timely identification and compliance with evolving accounting guidance
Provide IFRS interpretation and prepare technical memorandums that document issues in a clear, logical and comprehensive manner
Manage communications with external auditors on external financial statements and accounting issues to ensure auditors’ agreement with company decisions on accounting disclosures, and issues
Assist in the coordination of annual audit and quarterly review activities of external auditors

Job Dimensions
List of direct reports:

Reporting & Consolidation Analyst.

Key interfaces, stakeholders and relationships:

Internal to the Country Shared Services
Head, Finance Shared Services.

External to the Country Shared Services:

Master Data Management
Finance & Control
The Group
Country legal department
Other Country Shared Services counterparts
Reporting & Consolidation Team in the Group

External to the Group:

External auditors.

Profile Required
Education & Qualification:

B.Sc / HND (Accounting / Social Sciences)
ACA /, ACCA (compulsory)
7 years post NYSC working experience with minimum of 5 years on similar role and in Managerial position.

Technical / Functional Skills: