Financial Accountant at Upbeat Centre

Job Overview

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

Additional Details

Job ID
45945
Job Views
101

Job Description



Job Objective



  • Manage UPBEAT’s management reporting requirements

  • Compile, Monitor and Report on UPBEAT’s budget, ensuring all transactions are in line with approved budget.

  • Oversee the preparation of financial reports ensuring the reports are generated in accordance with IFRS and provide a true and fair representation of the organisation’s financial position.


Principal Duties and Responsibilities



  • Develop, implement and monitor compliance with the business’s annual budget and plans in line with the overall strategy and objectives.

  • Provide accurate and timely financial reports and management accounts; clearly articulating the business’s performance and financial position to all stakeholders and also recommend measures to drive business growth and profitability.

  • Work with the Accountant and Team Lead CSR for cash count and to ensure that all cash envelopes are deposited in the safe together.

  • Work with the sales team to ensure that all guests’ payments are confirmed; rectify any errors and carry out refunds where necessary.

  • Maintain adequate controls of through reviewing of inventory levels for materials and spares and debt collection.

  • Develop and document business processes and accounting policies to maintain and strengthen internal controls as well as to ensure the integrity of financial reporting.

  • Develop and maintain financial accounting systems for accounts payable, accounts receivable, inventory and credit control operations.

  • Implement and maintain acceptable accounting practices and procedures in accordance with IFRS and UPBEAT policies and procedures.

  • Carry out periodic analysis of the revenue stream across different product and service offerings, different customer segments and recommend measures to facilitate repeat businesses and loyalty.

  • Manage and control inventory, credit and collection, disbursements, deposits and remittances with the aim of maximising cash flow performance of the UPBEAT Centre.

  • Co-ordinate, control and review the management accounts and year end accounts preparation in compliance with IFRS standards.

  • Maintain and update the company’s asset register and ensure that all assets are numbered, insured and secured and used for the purpose for which it was acquired.

  • Ensure the preparation of monthly financial forecast, primarily by working closely with other HODs to forecast their department’s overheads.

  • Ensure all relevant documentation are kept up-to-date and secure.

  • Keep abreast of trends, innovations and advancements in financial control and advise the Operations Manager accordingly.

  • Prepare periodic activity report as required by the General Manager.


Competency and Skills Requirements



  • Candidates should possess a Bachelor's Degree / HND in a relevant field.

  • 4 - 5 years work experience.

  • Knowledge of financial management, budgeting and control.

  • Knowledge of relevant tax laws and regulations.

  • Knowledge of relevant accounting applications and systems.

  • Business and Report Writing Skills.

  • Strong Negotiation Skills.

  • Relationship Management Skills.

  • Good Communication Skills.


Salary

N200,000 - N250,000 monthly


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