• Application Deadline: Thu, 12 Jan 2023 00:00:00 GMT
• Position: Account Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 1 - 4 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  


• Salary Range ₦50,000 - ₦100,000/month
  

ACCOUNTING SOFTWARE / ERP

Use the Company's accounting software and ERP for the effective day-to-day operations (production, sales, inventory management) and accounting functions of the Business units.

GENERAL LEDGER/TRIAL BALANCE:

• Daily monitoring of General ledger / trial balance to ensure correctness of balances: Cash, other liabilities, other assets accounts, operating expense accounts, operating income accounts, interest income accounts, interest expense accounts, other internal accounts;


• Ensure daily posting of all transactions by all desk officers; 


• Ensure all errors are promptly corrected;


• Daily review of ledger accounts, via assets, liabilities, income and expenses, to ensure


• (1) genuineness,  (2)  correctness, and (3) the completeness of all entries;


• Ensuring the correctness of all balances shown in the trial balance. 

BANKS & CASH:

•  Reconciliation of all bank accounts and agreeing them to the general ledger;


•  Raising entries to clear all outstanding items in bank’s reconciliations;


• Reconciliation of all cash accounts, including the vault;


• Raising entries to clear all outstanding items in cash accounts;


• Reconciliation /clearance of petty cash and cash advances.


• Reconciliation of all intra-company and inter-company transfers done within the group.

INCOME & EXPENSES:

• Proper record of all incomes;


• Proper record of all expenses;


• Proper record of all production costs;

FIXED ASSETS/OTHER ASSETS:

• Regular maintenance of fixed assets registers/schedules;


• Agreement of fixed assets schedules to the general ledger;


• Preparation of additions schedule;


• Preparation of transfers’ schedule;


• Preparation of consolidated fixed assets movement schedule;


• Computation of monthly depreciation charges in line with policy agreement;


• Preparation of amortization schedules for all fixed assets;


• Agreement of amortization schedules to the general ledger;


• Maintenance of back-up vouchers for all fixed assets;


• Opening and maintaining a fixed asset file for all items of fixed assets.

RETURNS RENDITION/COMPLIANCE:

• Preparation/rendition of all taxes promptly (PAYE, VAT, WHT & INCOME TAX).

FINANCIAL STATEMENTS:

• Preparation of monthly financial reports/statements;


• Computation of all required ratios and variance analysis;


• Preparation of year-end financial statements & audit schedules for internal/external audit;


• Follow up/resolution of all audit queries by internal/external Auditors.

EXPECTED REPORTS:

• Daily cash inflow reports;


• Daily reconciliation reports;


• Weekly sales reports;


• Daily/Weekly cashflow projections;


• Monthly reports;


• Quarterly reports;


• Half-year reports;


• End of year (Annual) reports.

OTHER DUTIES:

• Shall perform all other duties assigned by Head of Department and/or Top Management of the company.


• Note: The Company reserves the right to modify job duties or job descriptions at any time.