• Application Deadline: Tue, 15 Aug 2023 00:00:00 GMT
• Position: Financial Accountant


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 - 6 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  


• Salary Range ₦150,000 - ₦200,000/month
  

Job Summary

• Financial accountant needed to provide Financial Accounting and Financial Reporting, Payroll Management, Inventory Management, Procurement, and Accounts Payable Management, Accounts Receivable and Credit Control, Banking and Financing

Responsibilities

• Financial Accounting


• Ensure daily posting of all payment vouchers raised and proper classifications of expenses


• Ensure daily posting of receipts, PO, and all other primary source documents


• Ensure weekly schedule of cheques raised and cash collected.


• Ensure weekly and monthly report of payables


• Enforce weekly job order report


• Enforce daily petty cash report and posting


• Enforce weekly reporting on receipts and posting


• Enforce weekly posting and report of invoices


• Enforce acknowledged invoice report


• Establish genuine fixed asset report and generate reports monthly, quarterly and annually


• Ensure adequate inventory management and regular stock counts at least once a month.

For Branch and Projects Accounts:

Weekly Reports:

• Report on cash and cheques lodged into accounts


• Report on payment vouchers raised with supporting documents


• Petty cash report


• Invoice schedule for one off jobs.

Monthly Reports:

• Invoice schedule raised


• Schedule of receivables outstanding


• List of payments by clients


• Stock reports within / outflow and balances

Monthly branch audit and stock counts:

• Updating and reporting month-on-month variations on payroll


• Generating weekly Accounts Receivables Schedule


• Generating weekly Accounts Payable Schedule


• Inventory Management; Stock Counts are conducted monthly


• Weekly Cashbook – Summary Scheduling

Financial Reporting:

• Ensure timely financial and statistical reports for management and board use.


• Ensure integrity of GL


• Generate and post monthly adjustments


• Update and reconcile intercompany account


• Generate monthly, quarterly and annual P&L report


• Generate monthly, quarterly and annual balance sheet


• Generate reconciliation of bank statements

Payroll Management:

• Ensure the deployment and monitoring of attendance using TAMS or other electronic or manual means available for the preparation of payroll


• Ensure timely and accurate preparation of payroll on or before the 25th day of every month


• Ensure the timely payment of staff wages and salaries and communication of pay slips from tally or other approved applications to all operational staff

Inventory Management:

• Establish and ensure a neat organized central store


• Establish and monitor stock and inventory at all locations


• Establish bin cards and ensure keep update of all items available


• Establish and conduct monthly stock counting procedures


• Establish reorder levels.

Procurement and Accounts Payables Management:

• Establish an organized procurement process


• Establish and maintain purchasing pattern for optimal stocking


• Establish a price list of all items


• Establish re-ordering levels for all items


• Establish three optional sources for each item with address and telephone numbers clearly indicated and maintain a database of approved vendors whether suppliers or open market

Requirements

• Candidates should possess a Bachelor's Degree with a minimum of 5 years experience.

Salary

• N150,000 - N250,000 Monthly.