• Application Deadline:
• Position: Senior Management Accountant


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

The Senior Management Accountant supports management planning and decision making by providing analysis and reporting on key financial information emanating from business operations, cashflow, income, and expenses.

The role also supports cost and revenue optimization by generating and monitoring forecasts, budgets, and risk analysis.

MANAGEMENT ACCOUNTING

• Maintain documented system of accounting policies and procedures.


• Improve the company’s accounting operations, especially the control systems, transaction-processing operations, policies and procedures.


• Forecast cash flow positions and available funds for investment.


• Ensure sufficiency of funds to meet operational and capital investment requirements.


• Maintain relationship with company bankers.


• Maintain payment relationship with the suppliers.


• Prepare reports on the company’s assets, financial performance, liquidity and main risks.


• Liaise with other departments to ensure timely preparation and review of financial accounts.


• Prepare timely, regular management accounts for the company.


• Prepare consolidated financial statements in accordance with International Financial Reporting Standard (IFRS).


• Assist in preparation of investment reports.


• Implement financial risk controls for all bank accounts, portfolios and funds of the company.


• Perform regular risk/return analysis on across the company’s asset classes/operations.


• Schedule regular compliance reviews in accordance with internal policies, procedures and practices.


• Manage the preparation of company’s budget and in delivering the budget process.


• Timely reporting to management on budget variances and rational for such variances.


• Support financial analysis as needed, in particular for capital investments, pricing decisions and contract negotiations.


• Compile key business metrics, financial results and report them to management timely and regularly.

INTERNAL CONTROL & AUDIT MANAGEMENT

• Prepare Management Accounts for financial audit exercise.


• Coordinate the provision of information to external auditors for annual audit.


• Review the internal control processes including financial controls for likely submission to external auditors, upon request.


• Liaise with external auditors for the Prepare By Client (PBC) checklist and provide authorized feedback as necessary.


• Attend to auditors queries and complaints for immediate resolutions.


• Update the GL/Control Accounts with the approved audit adjustment journals.


• Conduct and direct audits and ongoing reviews of organization controls, operating procedures, and compliance with policies and regulations.


• Prepare Trial Balance with lead schedules for the control account balances for audit purposes.


• Review and appraise the soundness, effectiveness, and proper application of accounting and financial controls, compliance procedures and controls, and timeliness of documentation generation.


• Assess the adequacy and extent of programs designed to safeguard organization assets; Compile and issue reports detailing conclusions and providing recommendations for improvements.


• Support internal quality and safety procedures and controls in line with international safety standards (ISO).


• Drive the development and implementation of Standard Operating Procedures and process frameworks across the organization.


• Recommend employee training and modifications to procedures as needed.


• Serve as liaison for all regulatory agencies.

MANAGEMENT OF TAXES AND STATUTORY CONTRIBUTIONS

• Advise on best practice for tax planning with appropriate tax rates full compliance and prevention of sanctions.


• Obtain information on taxes and statutory contributions from relevant designated authorities to update the internal business processes.


• Develop a robust policy on tax compliance, deductions, remittances and reporting.


• Compute accurate taxes (CIT, EDT, WHT, VAT) based on standard rates and basis.


• Advise with approved memo for taxes payable.


• Ensure timely filing of tax returns (WHT & VAT) with all relevant authorities to avoid penalties and fines.


• Work with internal stakeholders to make available clean tax status and evidence of remittances.


• Process and obtain yearly tax clearance certificates for corporate and individual employees.


• Liaise with tax authorities on audit and reconciliation exercise.


• Respond to tax queries and attend tax reconciliation meetings.


• Prepare and file tax reconciliation and close-out reports.


• Ensure compliance with state and federal government reporting requirements and tax filings