Wednesday, 28 September 2016

Financial Analysts at Flour Mills of Nigeria Plc

Flour Mills of Nigeria Plc has been a part of the lives of Nigerians at home and abroad. Our global vision is to be a leading foods company in Africa providing high quality and affordable products in the most convenient ways to consumers through world class brands like Golden Penny Flour, Golden Penny Semovita, Goldenvita, Golden Pasta and Golden Noodles.

The Company's flagship brand, Golden Penny, remains one of the best known and the preferred brands amongst bakers, confectioneries and consumers in Nigeria.

Job Title: Financial Analyst

Job Description

  • Prepare weekly volume trend reports and weekly Business Review
  • Coordinate and prepare Business Review file (margin analysis)
  • Reconcile estimate vs. actuals margins
  • Support Business Head with ad-hoc analysis
  • Support sales manager with financial understanding
  • Evaluate financial impact of promotion activities
  • Product/Customer profitability analysis
  • Benchmark vs. competition
  • Budget controlling role on Sales, Cost of Sales, Marketing and Sales & Distribution expenses
  • Prepare with the Business the Yearly Budget
  • Review actual vs. budget on a monthly basis
  • Prepare latest estimates during the Fiscal Year
  • Develop & Track KPI via scorecards
  • Financial Analysis and new product initiative analysis
  • Investment return analysis (new and current)
  • Ad-hoc financial analysis on request for any projects


  • Five (5) O’ level credits including Mathematics and English
  • First Degree in related field
  • Relevant professional qualifications and membership of ICAN, ACCA, or other similar professional bodies
  • Masters Degree will be an added advantage

Skills and Experience

  • Minimum of 5 years experience of financial analysis and budget controlling
  • Exposed to Agri or Commodities trading business
  • Advanced Excel skills
  • Experience with planning and reporting tools (ERP, BI)
  • Advanced Excel skills
  • Energetic, eager to understand the business, action oriented mind-set
  • Pragmatic and problem solving approach
  • Excellent communication skills both oral and written to work within multi-functional teams and senior management
  • Energetic, eager to understand the business, action oriented mind-set


Closing Date:
11th October, 2016.


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