Accounting & Reporting Accountant

Who is Lafarge?

Lafarge Africa PIc is a member of Huaxin Cement Co. Ltd.,  - founded in 1907 and incorporated in China. Huaxin is listed on the Shanghai and on the Hong Kong stock exchanges, and is among the 10 largest cement groups in the world. In addition to cement, Huaxin operates aggregates and ready-mixed concrete as well as waste management businesses, and has its own cement and waste pre-/co-processing equipment manufacturing with proprietary technology. Huaxin is recognized among the world's top manufacturing enterprises and most valuable brands. Lafarge Africa is a publicly quoted company on the Premium Board of the Nigerian Exchange Limited and serves Nigeria with a wide range of building and construction solutions.

Who are Lafarge People?

Lafarge people are passionate about finding better ways to build. They embrace innovation and improvement with a pioneering spirit. They work as trusted partners, creating better solutions and experiences for their customers, communities, and colleagues.

About the role

The Reporting Accountant is responsible for applying international accounting and reporting standards, ensuring the correct treatment of technical and complex accounting transactions, including, but not limited to, lease accounting, fixed asset accounting, financial instruments valuation, mergers and acquisitions, restructuring/re-organization, divestment, and investment portfolio management. Working with the Book to Record Manager, the incumbent is also responsible for preparing group-wide consolidated monthly, quarterly, and annual financial reports and reporting these to the Board of Directors, Group Parent, statutory regulators, and shareholders under applicable standards, adhering to the Lafarge Holcim Accounting and Reporting Principles manual (LHARP).

What you'll be doing

• Financial Reporting Functions
  • Perform consolidation of the parent and subsidiary financial statements to produce internal and external group financial reports using the SAP Financial Consolidation Application.
  • Prepare monthly, quarterly, and annual consolidated financial statements of the business, reporting these to Group management, Country management, the board, and statutory regulators (Securities and Exchange Commission, Nigeria Exchange Limited, Financial Reporting Council).
  • Coordinate preparation of annual financial statements for LAP Subsidiaries and review accordingly.
  • Assist in the preparation of quarterly board papers, providing interpretation of financial statements to management and the Board of Directors committee.
  • Ensure accurate usage of the chart of accounts in the general ledger and financial statements.
  • Prepare the Quarter Closing Option Memo.
  • Provide recommendations for the proper classification and booking of non-recurring but significant transactions.
  • Provide and/or organize training for new employees in the accounting and reporting unit.
  • Assist in the coordination of annual audit and quarterly review activities of external auditors.
  • Implement and maintain reporting procedures to comply with internal control requirements.
  • Participate in other reporting projects and assignments as required 

• Lease & Trucking Accounting Functions:
  • Provide accounting support services to the logistics unit in the treatment of bulk tanker and other trucking arrangements.
  • Ensure that the lease database in the SAP Real Estate Management Module is correct and complete.
  • Make changes in the lease database to reflect the correct accounting for lease changes and validate the impact of these changes as reported by the service providers.
  • Perform monthly reconciliations of the General Ledger and roll-forward of Right of Use and Finance Liability accounts.
  • Assist in the preparation and submission of lease group reporting forms per IFRS 16 to Country and Group Management for lease recognition approval.
  • Provide the appropriate information required by the Financial Planning and Performance Analysis (FPP&A) team for operating free cash flow and financial performance projections.
  • Coordinate and provide information to all internal and external auditors for leases. 

• Technical Accounting Functions:
  • Perform regular reviews of goodwill and intangible impairment, including year-end impairment tests.
  • Assist in preparing segment analysis to ensure compliance with requirements regarding consistency between internal and external reporting of reportable operating segments.
  • Prepare/review timely, high-quality technical accounting memos on all key technical accounting matters for submission to local management, Group management, and independent auditors.
  • Ensure that all financial instruments are accurately valued and recorded, including recognition, measurement, impairment testing, and derecognition of financial instruments.
  • Provide detailed support to external auditors and other consultants.
  • Manage multiple tasks under tight deadlines with strong attention to detail and accuracy.
  • Develop plans for implementation of new applicable IFRS standards, and regulations in close co-ordination with the Group ARC team. 

• Policies and Procedure:
  • Manage all changes in accounting policies received from the Group as well as from the Country.
  • Optimize procedures and keep them up-to-date. On Skills & Talent Management
  • Operate safely at all times; challenge unsafe acts; actively seek out ways of promoting a safe working environment.
  • Provide guidance, work leadership, direction and advise them
  • Evaluate the performance of his/her team and take corrective actions.
  • Coach his/her team providing continuous feedback.
  • Identify training needs and development plans 

Who you'll be working with 

• Key interfaces, stakeholders and relationships:
  • Internal to the Country Shared Services
  • Master Data
  • General Ledger team
  • Account Receivable and Credit Management
  • Account Payable team
  • Treasury Operations
• External to the Country Shared Services
  • Country legal department
  • Procurement department
  • Logistics department
  • Industrial department
  • Security department
  • Sustainability department
  • Other Country Shared Services counterparts and Related parties
• External to the Group
  • External auditors
  • Local tax authorities
  • Financial services providers, KPMG, Deloitte, PWC, Ernst and Young etc. 

What we are looking for 

• Bachelor's Degree Preferably in (Accounting/Social Sciences)
• 5 years in accounting related role
• Experience with an Audit firm
• Good knowledge of an ERP environment – ideally SAP
• Practical knowledge of IAS, IFRS
• Internal controls
• Advance MS-Excel Knowledge
• Practical understanding of LHARP

Your Lafarge Experience
At Lafarge, there is endless opportunity for you to play your part. Whether you’re in a technical, managerial, or frontline role, you can shape a career that works for you. With us you’ll have the chance to embrace the passion we share for our planet. You’ll be encouraged to seek out diverse perspectives, share your ideas and build the skills and connections you need to perform at your best. Because it’s only when we work together in a culture where everyone thrives, that we can build the world we all want to live in.