Flour Mills of Nigeria Plc was incorporated in September 1960 as a private limited liability company, and commenced operations in 1962 with an installed capacity of 600 metric tons per day. The Company was converted to a public limited liability company in 1978, and its shares were subsequently listed on The Nigerian Stock Exchange. In its 54 year history, Flour Mills has remained at the forefront of wheat milling in Nigeria. The Company’s flagship brand, Golden Penny, remains one of the best known and the preferred brands amongst bakers, confectioneries and consumers in Nigeria. Flour Mills has invested over N25billion in milling infrastructure over the last seven years, to maintain its competitive advantage. Today, Flour Mills has a rated milling capacity of over 8,000 metric tons per day, making it one of the largest single site mills in the world. The Company’s flagship mill located in Apapa, Lagos comprises of 10 integrated mills. Each mill was designed as a multilevel operation in order to optimize the use of gravity in the sifting process, thereby reducing the energy requirements. In addition, the Company maintains dedicated mills to the processing of different wheat varieties to produce different flour types. This has ensured consistent quality of its products for 50 years. The Apapa Mill also boasts of modern silos with a storage capacity to 191,000 metric tons. Flour Mills has also made significant investments in power generation. The Company has 11 General Electric (GE) Jenbacher gas generators at its Apapa Mills, with a combined capacity of 30 megawatts. This has enabled the company to reduce the occurrence of production stoppages. In addition, the Company has a 30megawatt diesel plant at the same site to act as a backup in the event of any shortage of feedstock to the gas generators.
Purpose ​
Direct the General Ledger and Financial Reporting operations for the Food and Sugar Verticals, leading a team of GL Managers to deliver timely month-end closes and impeccable year-end audits.
This role is pivotal in ensuring absolute IFRS compliance and data integrity across general ledgers, intercompany accounts, and fixed assets (CWIP).
The Job
Lead and manage the month-end close calendar across Food and Sugar Vertical entities, ensuring delivery within approved timelines (3working days).
Champion a high-standard balance sheet reconciliation reviews, to ensure 100% completion of timely, high-quality reconciliations with zero long-standing reconciling items and full substantiation of all accounts.
Maintain full visibility and control over prepayments, accruals, provisions, and other significant Financial Statements Line Items, clearly highlighting risks and opportunities for strategic decision making.
Direct and oversee the interim and year-end audit process, ensuring strict adherence to audit timelines and achieving zero post-closing adjustments through impeccable financial accuracy and robust internal controls.
Lead the preparation of, and the timely filing of quarterly and year-end financial statements and consolidation for all the entities in Food and Sugar Verticals ensuring full compliance with statutory reporting requirements for a seamless, board-ready close.
Qualifications​
First degree or equivalent in Accounting, Finance, or a related field
Added advantage: Masters in Business Administration/Finance
Experience:​
8–10 years relevant experience in accounting and financial reporting
Strong knowledge of IFRS and internal controls.
ACA, ACCA .
The Person Must Have:
Have extensive experience in general ledger management, overseeing month-end and year-end close processes, journal entries, reconciliations, and financial reporting in a structured corporate environment.
Possess strong technical accounting knowledge, including IFRS, chart of accounts management, and the ability to review and approve complex accounting entries, , ensuring accuracy, compliance, and timely completion of all general ledger activities.
Provide leadership and strategic mentorship to a team of General Ledger Managers, fostering a culture of continuous improvement and technical accounting excellence across the organization.
Demonstrate expert-level proficiency in ERP systems and advanced financial reporting tools to drive impeccable ledger control, insightful variance analysis, and complex group consolidations
Have excellent analytical, problem-solving, and stakeholder management skills to partner with internal and external stakeholders, resolve discrepancies, and support strategic financial decision-making.