- Job Title: Intercompany Payable Analyst
- Job ID: 58802
- Location: Nigeria
- Work hours: 40+ hours
- Job Alerts: To receive Job Alerts on WhatsApp, Click HERE
About FrieslandCampina WAMCO Nigeria PLC
FrieslandCampina WAMCO Nigeria PLC is a unique multinational FMCG & B2B company aiming to stay successful in an ever-changing and increasingly complex world. We are unique because our suppliers, the farmers, are also our owners. Since we own the entire supply chain, from grass to glass, we can guarantee the high quality of all our products. As we work in highly competitive markets, we need to be agile while balancing all interdependencies inside and outside our company. Next to a supply-driven business, our portfolio consists of many strong commercial brands all over the world.
Description
- To ensure any given official assignment is carried out according to stipulated guidelines, delivery within the required time and accurately.
- Managing high-volume transactions across different currencies and jurisdictions.
- Ensuring timely resolution of intercompany and vendor account issues to avoid operational delays.
- Balancing cost optimization with compliance requirements in a fast-paced environment.
Responsibilties
Intercompany Accounts Management:
- Processing of all intercompany invoices in SAP.
- Performs intercompany reconciliations with the FSSC teams to identify and resolve differences.
- Preparation of extensive intercompany clearing analysis (invoices and payments), matching of completed transactions and allocation of FX difference to P or L.
- Drive Intercompany daily operations and resolve issues or inquiries from stakeholders.
- Preparation of intercompany AP/AR net off analysis to reduce FX exposure.
Third Party Foreign Vendor Account Management:
- Processing of third party foreign vendor invoices in SAP.
- Reconciliation of foreign vendor accounts.
- Follow up on issues relating to payment and resolve them accordingly.
- Performs clearing of invoices and payments from open items upon completion.
Management of Logistics/Clearing Vendor Accounts:
- Timely processing of all Logistics/Clearing vendors invoices.
- Maintaining monthly reconciliation of all logistics/clearing agent accounts.
- Monitoring and managing of float accounts of all the clearing agents.
- Manage payment plan to optimize cost savings from early payment.
- Follow up with clearing agents on refunds.
Accruals and Provisions:
- Preparation of FX accrual for intercompany loan revaluation.
- Preparation of accrual for intercompany invoices not posted.
- Preparation of all other monthly accruals and provision.
Management of Insurance Claims due from Logistics/Clearing Vendor:
- Preparation of analysis on insurance claims relating to door-to-door (D2D) transactions as a result of container damages and losses.
- Follow up with the logistics/clearing agents on insurance claims.
- Posting of insurance claims credit note on SAP.
Other Activities:
- Provides input in the monthly FX analysis relating to intercompany payables.
- Provides overview of monthly intercompany invoices received and payments posted.
- Provides support during internal and external audits.
What we ask
- Degree in Accounting / Finance.
- Strong SAP and Excel skills.
- Analytical mindset and problem-solving ability.
- Experience in intercompany and vendor account management.
