Senior Accountant at Matrix Design & Works Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
108408
Job Views
51

Job Description






Position Summary




  • The Senior Accountant of Matrix Design and Works plays a pivotal role in overseeing our organization's financial activities, ensuring the accuracy of financial records, compliance with relevant regulations, and effective management of financial resources.

  • This position involves overseeing the accounts team and store officers. It requires a strong understanding of accounting principles, financial reporting, and budgeting.



Responsibilities

Financial Reporting:




  • Prepare and review financial statements, including income statements, balance sheets, and cash flow statements.

  • Ensure timely and accurate financial reporting to senior management, stakeholders, and regulatory authorities.

  • Analyze financial data to provide insights into the company's financial performance.



Budgeting and Forecasting:




  • Develop, monitor, and manage the organization's budget in coordination with department heads.

  • Prepare financial forecasts and long-term financial plans.

  • Track budgetary performance and make recommendations for cost control and optimization.



Financial Compliance:




  • Ensure compliance with accounting standards, tax regulations, and relevant financial laws.

  • Coordinate with auditors and oversee annual financial audits.

  • Implement and maintain internal control procedures to safeguard financial assets.



Cash Flow Management:




  • Monitor cash flow, manage working capital, and optimize liquidity.

  • Manage accounts payable and accounts receivable processes.

  • Oversee the disbursement and reconciliation of company funds.



Store Inventory Control:




  • Track current production levels and recording purchases and products in the store

  • Manage inventory tracking system to record deliveries, shipments and stock levels

  • Evaluate deliveries, shipments and product levels to improve inventory control procedures.

  • Analyze daily product and supply levels to anticipate inventory problems and shortages

  • Train and supervise store officers.

  • Delegate tasks and responsibilities to store officers.

  • Foster a collaborative and productive work environment.



Financial Analysis:




  • Analyze financial data and trends to provide insights for decision-making.

  • Identify areas for cost reduction and efficiency improvement.

  • Present financial analysis reports to senior management.



Taxation and Compliance:




  • Prepare and file tax returns, including income tax, sales tax, and other applicable taxes.

  • Stay up-to-date with changes in tax laws and regulations.

  • Ensure compliance with tax obligations and deadlines.



Financial Systems and Technology:




  • Oversee the implementation and maintenance of accounting software and financial systems.

  • Recommend and implement improvements to streamline financial processes.



Financial Strategy:




  • Collaborate with senior management to develop and execute financial strategies aligned with organizational goals.

  • Provide financial insights to support strategic decision-making.



Requirement




  • Candidates should possess a Master's Degree / BSc qualification.



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