• Application Deadline:
• Position: Senior Accountant


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

• The Senior Accountant is responsible for ensuring all accounting and financial duties are performed according to established policies and procedures.


• S/He analyses and prepares financial and management reports to aid management decisions, and works closely with Head of Finance to develop and implement strategies and plans to achieve the company's long-term objectives.


• The Senior Accountant also ensures accuracy of the Company's financial records and compliance with best practice financial management principles and regulatory requirements.


• S/He is responsible for an accurate capturing and allocation of expenses and investments, for monthly accruals, amortization of prepaid expenses, fixed assets depreciation, etc.

Key Responsibilities

• Manage an accurate financial administration (creditors, debtors, salary administration, ledgers) and monitors the cash flow, the goods flow, accounts, and other financial transactions.


• Ensure timely and accurate preparation of periodic management reports to aid management decision-making process.


• Prepare periodic financial reports, ensuring compliance with defined accounting policies and financial reporting standards.


• Perform financial analysis as required, andreports at the Company's regional officesas required.


• Work with the Head of Finance in the preparation of setting up the company budgets for the next financial year.


• Ensure the invoices are controlled and approved by the line management before processing in the accounting system.


• Develops system for the maintenance of financial records, making use of current technologies.


• Prepare and ensure prompt remission of all statutory payments towards including VAT, PAYE tax, employee, and Company pension contributions.


• Liaise with auditors/ tax consultant and external auditors (FIRS/LIRS etc.) on various audit activities.


• Make timely payment to the tax authorities after approval by Line Manager.


• Maintain a good relationship with the tax authorities.


• Responsible for general internal audit activities for the Company.


• Manage the Company's general ledger and account statements; and ensure all transactions are processed in line with acceptable accounting principles.


• Maintain Petty Cash Book.


• Perform periodic ledger and bank reconciliations as required.


• Oversees POS collection and reconciliation.


• Manage the receipts and deposits of cash and bank transactions, including foreign transfers, to ensure the accuracy of the Company's financial position.


• Maintain an accurate and up-to-date record of all financial activities.


• Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.


• Assist the Head of Finance to formulate the Financial Handbook as well as review and rewrite the current procedures.


• Provide advice and updates the Head of Finance on any irregularities of concerns about invoices or any other financial matters.


• Analyzes financial differences, solves, and discusses the complex ones, which demands a higher hand decision to the Head of Finance.


• Perform any other duties as assigned by the Head of Finance.

Qualifications

• First Degree in Accounting or Finance or relevant discipline


• Membership of a recognised professional accounting body - CFA, ACCA or ICAN


• Minimum of 5 years work experience in an Accounting / Finance with at least 2 years of experience in a Senior Accountant role. Retail experience is an added advantage.


• An extensive experience in Ledger Accounting and Financial Reporting.


• Good financial and accounting knowledge, including understanding of finance best practices and IFRS/ International Accounting and Financial Reporting standards.


• Proficient in Microsoft office (Excel, Word, and PowerPoint)


• Ability to work with little or no supervision


• Ability to train and manage staff.