Finance Associate at Japan Tobacco International (JTI)
Japan Tobacco International (JTI) is a member of the Japan Tobacco Group of Companies. Our 45,000 people come from all over the world, representing more than 100 nationalities. We market world-renowned brands in more than 130 countries with 409 offices, 29 factories, and 8 research & development centers.
We are recruiting to fill the position below:
Job Title: Finance Associate
Job ID: 94939
Location: Lagos, Nigeria
Contract type: Permanent
Professional area: Accounting & Finance
Purpose
This position is established to support the Finance Director and the local Management Team in the following areas:
- General Ledger management inline with JTI operating guidelines and statutory requirements
- Periodic reporting and closing, reconciliation of KA, O2C & P2P management Financial planning cycles (ASP/LE/OL), analysis and reporting of the actual business performance,
- Financial reporting of volumes and financials, with related variance analysis and roadmaps
- Improvement of the entity internal controls environment and business processes, review and upgrade of the local policies and procedures, integration of local information systems,
- Control and management of OPEX and marketing budget and actual spend.
Main Areas of Responsibilities
Entity Monthly Closing / Reporting:
- To perform analysis and reporting of variances and fluctuations on OPEX on a monthly basis
- To take charge of monthly/quarterly reporting to Corporate Accounting e.g. Monthly/quarterly financial packs
- Work closely with GSC team on all inventory postings made on S4 and ensure proper reconciliation
- Closely crosscheck and monitor all postings on S4, carry out all reconciliations and make necessary correction where required on a timely and accurate basis
General Ledger:
- To prepare on monthly basis Key Account reconciliation and provide explanation of all balances each of the GL accounts
- To provide support to other function when raising a PRs on the system to ensure that appropriate Materials number, GL accounts, Cost center are used in creating PR’s.
- Ensure proper postings to appropriate class of account, cost centers and make an adjustment reclass where necessary.
- Ensure that all entries are accurate and that transactions are reported in accordance with accounting standards and government regulations and make changes where necessary
- To monitor the maintenance of Master Data with respect to creation of new vendors and FSV account maintenance for the entity to ensure appropriate classification
Compliance:
- Develop assertiveness to cope with the challenging environment, especially when dealing with role Local auditors / consultants, Tax authorities, Vendors and Internal stakeholders to advocate finance as compliance watch dog
- Assist the Finance Manager (Entity)/FD WA) in the compliance of all regulatory laws and make recommendations for internal control improvement as the case may arise
- Ensure the compliance of all invoices received are in compliance with P2P policy
- To Put measures in place in ensuring all compliance structures are in place in view of all audit (statutory, internal and relevant tax audits) as the case may arise.
- Proactively support during statutory and/or Tax audit & queries with the preparation of documentations, reconciliations and any other information as may be required
Others:
- To proactively perform my task as capex manager on EAM
- Proactively support the Lease accounting team to ensure appropriate classification of Lease transactions in line with IFRS standard
- Monitor and update all accruals, prepayment made for the entity.
- Support other team members (GSC, Marketing, Admin & PPO) as the case arises
Qualifications and Experience
- University Degree in Finance & Accounting; Accounting Qualification is required or in process.
- Fluent in English & Microsoft Office tools (Excel & Power point) is a must. SAP HANA & GPM knowledge is a plus.
- Minimum of 3 years preferably in a similar position within an international environment or in an financial consulting firm.
Functional Skills:
- Excellent knowledge of Financial & Management Accounting, IFRS, Tax accounting,
- Ability to work with tight deadlines,
- Excellent communication skills, team player,
- Proactive, self-starter.
- Strong analytical skills,
Competencies:
Strive for Quality:
- Checks own work for accuracy and completeness according to set standards (seeks to understand, aware of benefits of good quality, consistent delivery)
Think Forward Attitude:
- Welcomes challenges with confidence and optimism
- (Collaborate without limit, "can do" spirit, takes ownership, visibly enjoys what they do).
How to Apply
Interested and qualified candidates should:
Click here to apply