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Job Description
Job: Associate Finance – Future Leaders Programme
Financial Management, Other Finance role
Full Time Job
Posted on: April 25, 2022
Deadline: June 20, 2022
Locations: Cameroon, Ghana, Ivory Coast, Nigeria, Zimbabwe
Job Description:
(primary responsibilities,
reporting structure,
career path...)
Position Overview:
The successful candidate will join ofi’s future leader programme, which will provide structured learning in various modules within Finance & Accounts, Audit, Treasury and Risk Management in different countries across the globe. After successfully completing the program, the candidate will be part of a management team as a Finance Manager position for their country of Origin or where the company has operations.
The programme offers a customized developmental journey structured to explore your potential within your business/functional stream. It immerses you into the operations from day one ensuring your learning experience is relevant, practical, and hands-on working with experts on the field. There are two distinct phases:
• Phase I Corporate Onboarding: formal exposure to all aspects of the business to accelerate your knowledge on the ofi way of doing business, who we are, what we do and how we operate.
• Phase II Field Rotations & Business Unit Rotations: hands-on exposures across business models/geographies, mentored by a senior leader, designed to fast track your knowledge of the business/function. You will be placed in your potential role, with clear responsibilities to deliver. You will be closely mentored by a senior leader and supported by an HR Partner during this phase

Finance Manager’s responsibilities:
• Monthly Closure of Management books, Financial Books, Balance sheet review, Quarterly Audit packs and variance analysis and 100% adherence to reporting timelines
• Review of Physical Vs SAP Reconciliation of all categories of inventory, Inventory valuation, Cost of Goods Sold reconciliations
• Preparation of Driver Based Profitability Budgets, 4 year Strategic plans
• Budget Vs Actuals analysis for Direct Cost, Processing Costs, Direct Selling Expenses Overheads, Interest
• Preparation of Monthly M2M Files, BRM, Gross Contribution Reconciliations, Weekly Book Values
• Maintenance of Transfer pricing documentation and Compliance with Transfer pricing policy
• Monitoring and reporting of risk exposures for Credit, Counterparty, Currency, Positions and Price, Validation of Controls to mitigate operational Risks
• Component wise Monitoring, Analysis and reporting of working Capital related variances against Budgets and actively following up receivables for VAT refunds, Export incentives, trade receivables for collection and slow moving inventory for liquidation
• Handling of Audits under Syscohada, Centralized Audit by Statutory Auditors, Internal audits, Tax/Customs controls, Cross country audits
• Ensuring compliance of SOPs, Controls, Compliance with Financial Authority Matrix
• Preparation and validation of Capex project proposals, Investment thesis and tracking, monitoring and reporting of actual spends against budgets at component level
• Cashflow management, Banking relations, treasury and Structure Finance management
Job qualifications and experience, academic degrees, personal traits...
Key Requirements:
Degree with Finance orientation
Mandatory: Professional degree: CA, ACCA , CIMA , CFA or equivalent Financial/ Accounting Degree with 2-4 years of experience in a dynamic environment. MBA degree will be a plus
Mobility: A career in Olam is strengthened by multi-location experience in emerging countries and is at the heart of this Programme. Ok for Cote D’ivoire or other OFI countries in Africa including upcountry locations.
ERP: Experience in SAP would be highly valued
Language: knowledge of French in addition to english would be an additional asset.
High Cognitive Ability: Your approach to projects and problem solving will ensure your success
in delivering on the complex tasks that lie ahead. He should be a Quick Thinker as well.
Leader and change agent: You have the attributes to lead and manage complexity and the perseverance to achieve outcomes.

Possible Projects during FLP journey:
1.Creation of Standard Operating Procedures for all key financial processes like
- Inventory verification
- Project Cost Monitoring
- Processing / Trading KPI tracking and analysis
- Cross Location Audit checklists for warehouses , Factories, Procurement locations

2. Areas of Controllership in a business and the process definition to continue with the same

File: View Attachment
Name: Sanjeev Yadav

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