Job Overview

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

Additional Details

Job ID
153541
Job Views
25

Job Description






Job Summary




  • The Management Accountant is responsible for providing accurate financial reporting, budgeting, forecasting, cost analysis, and business performance insights to support strategic decision-making.

  • The role partners with business units to monitor financial performance, improve profitability, ensure financial controls, and support the delivery of technology projects and managed services.



Key Responsibilities

Financial Reporting:




  • Prepare monthly management accounts for subsidiaries and Head office

  • Analyze financial results against budget and forecast.

  • Produce monthly variance analysis with actionable recommendations.

  • Prepare financial dashboards and Key Performance Indicators (KPIs).

  • Support month-end and year-end closing activities.



Budgeting and Forecasting:




  • Support the annual budgeting process.

  • Prepare rolling forecasts and cash flow projections.

  • Monitor departmental budgets and spending.



Business Performance Analysis:




  • Analyze revenue, gross margin, and profitability by: o Products o Services o Projects o Customers o Business units

  • Monitor recurring revenue and subscription performance where applicable.

  • Identify cost-saving opportunities and recommend efficiency improvements.



Project & Contract Accounting:




  • Monitor project costs against approved budgets.

  • Track project profitability and utilization.

  • Support pricing analysis for technology solutions and services.

  • Review project revenue recognition in accordance with accounting standards.



Cost Management:




  • Analyze operating expenses.

  • Review vendor contracts from a financial perspective.

  • Monitor software licensing costs and infrastructure expenses.

  • Support procurement with financial evaluations.



Financial Controls:




  • Maintain strong internal controls.

  • Ensure compliance with company financial policies.

  • Review journal entries and account reconciliations.

  • Support external and internal audits.



Business Partnering:




  • Work closely with: Sales, Operations, Project Managers, Procurement, Human Resources.

  • Provide financial guidance for strategic decisions.

  • Assist department heads in understanding financial performance.



Compliance:




  • Ensure compliance with applicable accounting standards.

  • Support tax reporting and statutory requirements.

  • Maintain accurate financial records.



Process Improvement:




  • Improve financial reporting processes

  • Automate management reports where possible.

  • Enhance ERP reporting capabilities (e.g., Microsoft Dynamics, SAP, Oracle).



Qualifications




  • Bachelor's Degree in Accounting, Finance, Economics, or related discipline.

  • ACA, ACCA, CIMA, part qualification or equivalent professional qualification.

  • Minimum of 4–7 years' experience in management accounting or financial analysis.

  • Experience in an IT, technology, telecommunications, or professional services environment is an advantage.



Skills & Competencies Technical Skills:




  • Management Accounting

  • Financial Planning & Analysis (FP&A)

  • Budgeting and Forecasting

  • Financial Modelling

  • Cost Accounting

  • Variance Analysis

  • Cash Flow Management

  • ERP Systems (Microsoft Dynamics 365 preferred)

  • Advanced Microsoft Excel

  • Power BI or similar reporting tools Personal Skills

  • Strong analytical and problem-solving skills



Personal Skills:




  • Strong analytical and problem-solving skills

  • Excellent communication and presentation abilities

  • High attention to detail

  • Commercial awareness

  • Ability to manage multiple priorities

  • Strong business partnering skills

  • Integrity and confidentiality



Preferred Experience




  • Software implementation projects

  • Managed Services

  • Cloud solutions

  • Microsoft licensing

  • SaaS revenue models

  • Subscription billing

  • Project accounting

  • Service profitability analysis

  • Revenue recognition for technology contracts

  • Cost tracking for implementation and support projects



Expected Deliverables:




  • Monthly management accounts

  • Budget and forecast reports

  • Financial performance dashboards

  • Profitability analysis by customer, product, and project

  • Cash flow forecasts

  • Executive financial presentations

  • KPI reports

  • Cost optimization recommendations

  • Business case evaluations for new investments.



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