Wednesday, October 2, 2019

Finance Analyst, West Africa at Upfield Nigeria

Upfield is a global leader in plant-based nutrition with a great history and a portfolio of iconic brands that people have used and trusted for generations. This includes Flora, Rama, Becel, Blue Band, Country Crock, I Can’t Believe it’s not Butter and ProActiv.

We are a global food company with 6 business units operating in 95 markets. We have the mind-set of a start-up. This makes us fast, agile, entrepreneurial, cost conscious and accountable for our products – from seed to serving at the breakfast, lunch or dinner table.


We are recruiting to fill the position below:


Job Title: Finance Analyst, West Africa


Location: Nigeria

Fixed Term Contract: 7 Months

Reports to: Finance Controller, West Africa


Want to make an impact where it matters?



  • At Upfield our purpose is clear: we make people healthier and happier with nutritious and delicious, natural, plant-based products that are good for you, our planet; and with packaging that’s free from plastic.

  • We are the largest plant-based company in the world, and we believe in doing what’s right for our people, our customers and the planet.

  • We’ve got iconic brands like Rama, Country Crock, Blue Band and Flora that people all over the world know and love. We’ve been a trusted category leader since 1871 and yet we feel like we’re only just getting started.

  • Performance, Passion and Care define who we are as a company, how we work every day, and the responsibility we feel toward our Associates, our consumers, our business partners and our world.

  • We have big ambitions to grow this business and we want to attract the right people – those that love what they do, thrive on responsibility and are looking for limitless career defining opportunities.

  • You’ll have to enjoy working in a fast-paced environment and it will take hard work and determination; we will give you the ownership you need to make an impact.

  • You’ll have to deliver on the commitments you make. And we’ll give you the freedom and flexibility to do your job and build your own career.

  • If you want to make an impact where it matters apply now!


Your Role

OVH, BMI and Forecasting:



  • Management reporting including Financial forecasting/budgeting and longer-term strategic planning processes

  • Managing and reporting of OVHs and BMI costs

  • Ensure correct bookings of costs in P&L as per SCOA

  • Forecast working capital

  • Support related budget owners

  • Provide assistance in forecasting and other ad-hoc business analysis

  • OC Governance, continuous improvement on rule-based journals + controls

  • Provide ad-hoc support to countries within the BU


P2P Analysis:



  • P2P OC Governance, continuous Improvement on P2P Processes + controls

  • Working Capital forecasting, reporting and commentary;

  • Partnering BMI and Overheads teams with P2P processes

  • P2P Metrics – POT (Payment on time), POC (PO Compliance), FPY (First Pass Yield) – working with/ supporting OC with directive to improve metrics

  • Approval of urgent/ manual payments

  • Query Escalations from business on poor service/ issues after contacting AP helpdesk/ OC/ BCS Agent

  • Resolve audit queries which IBM/ OC cannot resolve

  • GRNI support

  • Provide ad-hoc support to countries within the BU


O2C and credit controls:



  • Manage customer overdues across all customers

  • Improve working capital through management of customer payment performance and trade term compliance

  • Manage and mitigate bad debt and minimize bad debt provision

  • Work with the shared service teams to ensure effective and aligned communication and deliverables are met

  • Worked with shared service teams to ensure that accounts are reconciled correctly, customer statements issued in a timely manner

  • Work with shared service and other internal functions to ensure that customer claims are placed in a timely manner and support the resolution of deductions on customer accounts

  • Ensure accurate and timely month end reporting

  • Support first line investigation and resolution of EDI issues

  • Raise manual accruals for CD trade terms

  • Prepare and validate rebate review

  • Allocate promotional invoices against correct rebates

  • Resolve deductions, disputed claims that IBM cannot resolve with the CD team

  • Provided support for statutory reporting requirements


Skills, Experience and Qualifications



  • A very strong academic record

  • Excellent understanding of financial metrics and FFG Financial processes

  • Very strong track record of delivery in previous Finance roles

  • Very strong work ethic, resilience in the face of pressure and ability to meet multiple stretching deadlines

  • Good team player With great communication skills 

  • Strong analytical bias and excellent attention to detail

  • Microsoft Excel skills and PowerPoint capability.


Application Closing Date

Not Specified.



How to Apply


Interested and qualified candidates should:

Click here to apply online





source: http://jobcenternigeria.com/finance-analyst-west-africa-at-upfield-nigeria/

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