Job Description
Job Summary
- To provide support in bookkeeping, capturing of accounting transactions, bank reconciliation and reporting on financial transactions. Prepares records for remittance of statutory deductions such as: Value Added Tax (VAT), Withholding Tax (WHT), Capital Gain Tax and staff related statutory payments i.e. PAYE, Pension, NHF, etc.
Key Accountabilities / Responsibilities
- Updates account payable and receivable ledgers for all purchases, including payments to vendors for products or services.
- Receives invoice and requisition for goods and services and also process payments accordingly.
- Prepares and update prepayments, accruals and provisions schedules and ledger.
- Prepares weekly report for payment transactions.
- Prepares periodic or monthly reconciliation of all accounts to ensure accuracy and completeness.
- Relates effectively with the organisation’s financial service providers.
- Documents and update records of all fixed assets to ensure assets are properly valued, accounted for and safeguarded.
- Reviews records for remittance of staff related statutory payments i.e. PAYE, Pension, NHF, etc.
- Prepares monthly account and compute appropriate taxes; VAT and WHT schedules.
- Processes expense retirement ledgers to ensure proper accountability of all cash advances.
- Assists in the generation of financial reports as required by management.
- Handles all aspects of assigned bookkeeping activities such as journals and nominal ledger administration by updating the accounting application with transactions as they occur.
- Implements accounting controls in day-to-day performance of tasks (e.g. confirm the accuracy of general ledger codes on the accounting system).
- Documents and updates records of all assets to ensure proper valuation and security.
- Collates and consolidates financial information from all business units and prepares trial balances.
- Performs other duties that may be assigned by the Accountant.
Requirements
Educational Qualification:
- Minimum of a first Degree in Finance/ Accounting/ Business Administration/ Economics or any related discipline is required.
Experience:
- Minimum of four (4) years cognate experience in the IT industry or a similar organization.
- Sound knowledge of GAAP.
Professional Qualification:
- Relevant professional certification from the Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) is required.
Skills:
Competencies:
- Financial management, accounting, analysis
- Management Accounting
- Accounting systems and standards
- Knowledge of financial policies and procedures
- Financial reporting and budgeting
- Knowledge of ERP Accounting application
- Account reconciliation
- Leadership
- Problem solving and analytical skills
- Team development
- Interpersonal
- Attention to detail
- Communication (written & verbal)