Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
15212
Job Views
89

Job Description



Business Objective: To support the Finance Department by managing daily accounting tasks. You will be part of a team of professionals working to maintain order and transparency for the company’s finances



 Responsibilities



  • To manage the day-to-day operations of the Finance Department. Preparation of invoices, purchase orders, payment vouchers, requisitions, etc.

  • Oversee accounts payable and receivable.

  • Accounts Payable/Accounts Receivable processes including entering daily invoices/ bills/ journal entries.

  • Research and resolve invoice discrepancies.

  • Review aging reports and follow up with Customers regarding overdue balances.

  • Follow up on WHT remittances.

  • Analyze expenses to evaluate cost cutting opportunities to drive value to the portfolio companies.

  • Communicate with vendors and clients concerning billing and transactions. General ledger

  • Manage general ledger and carry out month-end and year-end close out processes, reconciliation of journal entries.

  • Perform all related accounting functions required to maintain the general ledger in compliance with IFRS and company policy and procedures.

  • Coordinate month-end and year-end closing activities to ensure timely reporting as well as assist with yearly public audits.

  • Review financial and accounting records and correct errors as required. Analyze and review all postings into the ERP, Prepare and post adjusting journal entries where required.

  • oversee accounting operations, review, and reconcile journal entries, transactions, and financial activities, monitor and review accounting documents for accuracy, completeness, and compliance with Federal and state regulations.

  • Assure journal entry information is complete and accurate and verify accuracy of supporting documentation. Fixed assets Management

  • Maintains the fixed assets register and ensure entries and records are up to date.

  • Update the Fixed asset register with new additions, disposals, revaluations etc. Inventory mgt

  • Obtain thorough overview of inventory for the group.

  • Periodic Reviews of inventory transactions, ensure accuracy, accurate posting, and warehouse analysis. • Carry out regular intermittent Spot counts, prepare Monthly inventory status reports.

  • Carry out regular Bin card checks.

  • Establish and execute internal controls to monitor, track stock and prevent leakages.

  • Regular review of inventory ledgers, reconciliation to ensure Stock issues, purchases and all inventory movement have been recorded on the ERP.

  • Regular Reconciliation of inventory ledger balances to physical quantities. TAX, audit Regulatory & Compliance

  • Liaise with external Auditors, Tax Auditors as required for the preparation of financial analyses and reports.

  • Responsible for researching, registering, and ensuring compliance with all state and Federal tax requirements.

  • Oversee annual external audits and monthly and annual tax filings.

  • Monthly and periodic computations and reports of monthly payables for FIRS & LIRS for the group, as well as total outstanding for the group

  • Responsible for Monthly filing for VAT, WHT, PAYE and all applicable taxes

  • Thorough overview of all compliance issues, licenses and certification required by the group.

  • Monthly status reports on ALL compliance related issues. Responsible for overall tax and statutory compliance status of the group. PAYROLL

  • Preparation of monthly payroll, statutory payroll deductions and pay slips.


Requirements



  • B.SC or HND in Accounting or Finance.

  • Minimum of 7+ years Accounting experience.

  • Solid analytical, problem solving and interpersonal skills.

  • Intermediate to advanced Excel skills.

  • Ability to multi-task and work with multiple departments.

  • Excellent time management and ability to meet required reporting deadlines.

  • Knowledge of financial statement reporting and internal controls.

  • Excellent oral and verbal communication skills.

  • Good understanding of accounting and financial reporting principles and practices.

  • Working Knowledge of tax laws.

  • Strong Financial analysis skills.

  • Ability to communicate reports/updates in both written and oral formats as at when due.

  • Other knowledge/experiences could be added advantage.


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