Assistant Finance Manager at Olam Agri – Warri

Olam Agri is hiring an Assistant Finance Manager in Warri, Delta State, for financial reporting, capital expenditure oversight, plant accounting and inventory controls.

Role overview

In this finance management position, you will be responsible for managing financial operations, planning, reporting, and controls to ensure financial accuracy, compliance, and effective governance.

You will provide financial insights, monitor business performance, and support informed decision-making to help achieve the organization’s financial and strategic objectives.

Responsibilities

Project Finance & Capex Management (Pre-Commissioning)

• Maintain the project capex tracker and monitor all project expenditures.
• Review spending against approved budgets and provide variance analysis.
• Track commitments, purchase orders, advances, and actual costs across project workstreams.
• Partner with Engineering, Procurement, and Project teams to ensure accurate project cost reporting.
• Ensure compliance with approval limits, Delegation of Authority (DOA), and capitalization policies.
• Prepare project finance dashboards and capex utilization reports for management review.
• Monitor Capital Work-in-Progress (CWIP) and support timely capitalization of completed assets.
• Support project close-out activities, asset creation, and transition to operations.

Plant Finance Leadership (Post-Commissioning)

• Manage plant accounting activities and ensure accurate recording of financial transactions.
• Lead month-end close and prepare timely MIS reports.
• Monitor manufacturing costs and perform variance analysis to support operational performance.
• Ensure compliance with accounting policies, SOPs, and statutory requirements.

Inventory, Assets & Governance

• Lead inventory counts, reconciliations, variance reviews, and corrective action plans.
• Monitor inventory controls and analyse ageing, slow-moving, and obsolete stock.
• Ensure timely capitalization of completed assets and projects.
• Coordinate asset tagging, physical verification, transfers, and disposals.
• Ensure compliance with capitalization and depreciation policies.

Qualifications

• Bachelor’s degree in Accounting, Finance or equivalent
• Qualified member of ICAN (Chartered Accountant, Nigeria).
• Post Qualification Experience of 5 – 8 years.

Experience

• Experience in a Greenfield/Brownfield project environment.
• Experience in manufacturing, FMCG, agribusiness, or industrial operations.
• Hands-on experience in Capex Monitoring, Asset Capitalization, and Plant Accounting.

Key skills

• Financial Accounting & Reporting.
• Project Accounting & Capex Tracking.
• Fixed Asset Accounting & Capitalization.
• Plant Accounting & Manufacturing Finance.
• SAP S/4HANA (FI, CO, MM, Asset Accounting).
• Advanced Microsoft Excel & MIS Reporting.
• Inventory Controls & Governance.