Jobs (Accountants), Cement Company of Northern Plc (CCNN) Recruitments 2011

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Jobs (Accountants), Cement Company of Northern Plc (CCNN) Recruitments 2011
Know Your Employer

Cement Company of Northern Nigeria Plc (CCNN) was founded by the Premier of the then Northern Region, Alhaji Sir Ahmadu Bello, Sardauna of Sokoto. It was incorporated in 1962 and commenced production in 1967 with an initial installed capacity of 100,000 tonnes per annum, using the wet process of production, at the Kalambaina Plant. The need to meet the increasing demand for cement necessitated the expansion of the Plant with the commissioning of a Second line with an installed capacity of 500,000 tonnes per annum in 1985, by the then Head of state, Major General Muhammadu Buhari. Thereafter, in 1986, the first line was shut down due to its uneconomic mode of operation, thus leaving the plant with a rated out put of 500,000 tonnes per annum.

Under the privatization and commercialization programme of the Babangida Administration in 1992, the Federal Government disinvested about 20% of its holding in the company and sold it to Nigerian public.

Under the civilian administration of Chief Olusegun Obasanjo, Cement Company of Northern Nigeria Plc was earmarked as one of the companies to be fully privatized. In July 2000 therefore, public bidding for the Company was concluded and Scancem International ANS of Norway, a member of HeidelbergCement group was appointed as core investor and technical partner of the Company. Following a strategic reorientation, Heidelberg Cement Group divested its CCNN Shares in March 2008. The Nigerian Company Damnaz Cement Company Limited became CCNN’s new core investor. Damnaz Cement Company Limited (Damnaz) was established in May 2007 as a ‘special purpose vehicle” to acquire HeidelbergCement’s 50.7% shares of CCNN and 93% share of Societe Nigerienne de Cimenterie (SNC) in Republic of Niger. It acquired the shares in both CCNN and SNC in March 2008.

Cement Company of Northern Plc (CCNN) is a public quoted company engaged in the manufacture and sale of Portland cement. Its factory is located at Kaduna on the Outskirt of sokoto town.

In compliance with the Securities and Exchange Commission to migrate to International Financial Regulatory Standards of Accounting (IFRS) come 2012, we are looking for experienced and qualified candidate to fill in the following positions.

Jobs (Accountants), Cement Company of Northern Plc (CCNN) Recruitments 2011

1.) Deputy Chief Accountant

Qualification:

• A good degree in Accounting, plus ICAN or ACCA
• A good knowledge of IFRS is essential

Work Experience

• At least 12 years experience in accounting field which much include:
• At least 5 years in a manufacturing company
• At least 2 years in an auditing firm

Skils/Expectations:

• Perform reporting, budgeting and other accounting functions professionally and accurately
• Prepare and analyze financial statements, notes and reports in accordance with the International Financial Reporting Standards (IFRS).
• Carry out compliance functions and work effectively with regulations, bearing in mind the need and importance of filing interim financial statement
• Such financial statements must be reliable and qualitative. Working within deadlines will be of paramount importance
• Assist management in planning, control and decision making
• Abide strictly with code of professional ethics of ICAN/ACCA at all times
• Should be able to drive results with little or no supervision
• Good computer skill is essential

2.) Financial/Management Accountant

Qualification

• A good degree in Accounting, plus ICAN or ACCA
• A good knowledge of IFRS is essential

Work Experience

• At least 6 years experience in Accounting & Finance, at least 2 of which must be in the manufacturing sector

Skills/Expectations

• Ability to perform effectively the following functions/have the following skills
• Posting of ledger accounts
• Bank reconciliation
• Preparation of basic financial statements – balance sheet, income statement & cash flow
• Working with external auditors and resolving issues arising from auditors observations
• Relationship with financial institution in a professional manner
• Foreign exchange transactions
• Work effectively under pressure and with little supervision
• Timelines, accuracy and good sense of responsibility to be taken into account when conducting assignments.
• The candidate must abide by ICAN/ACCA code of professional ethics at all times
• Good computer skills is essential

Application Deadline
30th June, 2011

Method of Application
All applicants should forward their CV/Resume to:muhammad.faringani@sokotocement.com or or before 30th June, 2011. Indicate the position you are applying for as the subject of the mail.