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Assistant Finance Manager

Olam Agri

Accounting, Auditing & Finance

Today

New

Rest of Nigeria (Delta) Full Time Manufacturing & Warehousing Confidential

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Experience Level: Senior level Experience Length: 5 years Language Requirement: English Working Hours: Full Time - 8 to 5

Job descriptions & requirements

Key Responsibilities A. Project Finance & Capex Management (Pre-Commissioning)

- Maintain the project capex tracker and ensure all project expenditures are accurately captured and monitored.
- Review project spending against approved budgets and provide timely variance analysis.
- Track committed costs, purchase orders, advances, and actual spend for all project workstreams.
- Coordinate with Engineering, Procurement, and Project teams to ensure accurate financial reporting of project costs.
- Ensure compliance with project approval limits, DOA requirements, and capitalization policies.
- Prepare weekly 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 closure activities, asset creation, and handover from project phase to operations.

B. Plant Finance Leadership (Post-Commissioning)

- Take ownership of all plant accounting activities and ensure accurate recording of financial transactions.
- Lead month-end financial closure activities.
- Prepare monthly MIS reports.
- Monitor manufacturing costs and perform detailed variance analysis.
- Ensure compliance with accounting policies, SOPs,



and statutory requirements.

C. Inventory & Working Capital Management

- Lead periodic inventory counts and reconciliation exercises.
- Review inventory variances and drive corrective action plans.
- Monitor inventory controls and ensure adherence to approved procedures.
- Analyze inventory ageing, slow-moving, and obsolete stock.

D. Fixed Assets & Asset Governance

- Ensure timely capitalization of completed projects and assets.
- Coordinate asset tagging and periodic physical verification exercises.
- Support asset transfers, and disposals.
- Ensure compliance with capitalization and depreciation policies.

E. Controls, Governance & Compliance

- Implement and monitor financial controls across project and plant operations.
- Ensure compliance with Delegation of Authority (DOA) and procurement governance requirements.
- Support internal and external audits.
- Drive closure of audit observations and implementation of corrective actions.

Preferred Experience

- Experience in a Greenfield/Brownfield project workplace.
- Experience in manufacturing, FMCG, agribusiness, or industrial operations.
- Hands-on experience in Capex Monitoring, Asset Capitalization, and Plant Accounting.
- Post Qualification Experience of 5 – 8 years.

Qualifications Qualified member of ICAN (Chartered Accountant, Nigeria).

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.

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📌 Assistant Finance Manager (Delta)
🏢 olam group
📍 Delta