Management Accountant at Saro Oil Palm Limited

⏲ Jul 24, 2023, 8:24 PM
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Saro Oil Palm Limited, is a subsidiary of Saroafrica International Limited ('Saro') an indigenous private sector player with 3 decades of experience in Nigeria plans to gradually develop an integrated oil palm plantations of up to 22,000 ha with complimentary industrial units of mills and refinery over the next few years.

We are recruiting to fill the position below:

Job Title: Management Accountant

Location: Edo

Job Summary

Management Accountant (MA) is a strategic partner in running the business and plays a crucial role in providing central financial direction to the Business Accountant.
His/her primary duty is to support the Business Accountant with production of on time and accurate management reporting information.
He/she will also be required to work with the finance team to design, implement and manage best accounting practices across their areas of responsibility, including making and implementing agreed process changes and improvements.
He/she will be part of a team with a culture of high performance and will deploy his/her skills optimally to achieve strategic priorities.
He /She should be able to present reports competently and confidently to the Management team. He /She must have clear focus, give attention to details and be a strategic thinker who is focused on execution

Duties/Responsibilities

Ensures that all foreign currency payments are made in accordance with contracted terms and budgeted exchange rates.
Develops tools and systems to provide critical financial and operational information to the Management Team and provides actionable recommendations on both strategy and operations.
He/she will ensure that financial discipline and prudence is applied for all transactions and will provide primary controls to ensure that the assets of the project are well secured.
Put the right mechanism in place to ensure Business Pays all obligations on due date, stays Cash-Flow Positive throughout the period in line with the financial indicators in the plan.
Responsible for the seamless and real-time running of the financial reporting processes to aid speed of service delivery to both internal and external parties.
Report the actual financial Performance and compare with the Control Levers.
Completion of monthly statutory rendition
Managing preparation and submission of the Group’s various VAT returns and declarations.
Work with other Strategic Business Unit Accountant to ensure prompt reconciliation of all intercompany accounts
Prepare the weekly wastage report
Production of supporting Balance Sheet and reconciliations for all Balance sheet Items.

Education and Experience

Minimum of a Second Class Upper in Accounting, Economics, or Finance from a reputable university
Must be a Chartered Accountant (ACCA or ACA).
An MBA or equivalent postgraduate management degree will be an advantage
Applicant must have a Minimum of 5yrs working experience in similar role as Management Accountant.

Required Skills/Abilities: