Financial Accountant at WTS Energy

Job Overview

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

Additional Details

Job ID
70320
Job Views
112

Job Description



Job Summary:


We are in search of an experienced Financial Accountant to be a key player on our team. In this role, you will play a vital part in our journey by leading day-to-day financial operations, ensuring that our finances and financial records are in order. If you are a finance professional, who loves gaming and has a keen eye for detail, you are in for an exciting adventure with us.


Key Responsibilities:


Financial Reporting:



  • Produce detailed management reports, including income statements, balance sheets, and cash flow statements, providing critical insights for decision-makers and stakeholders.

  • Prepare and present financial reports to executive management, ensuring transparency and informed strategic decisions.


Expense Management:



  • Monitor company spending, ensure budgetary controls are adhered to and resources are used productively. You will also oversee putting money-saving strategies into action and making our spending as efficient as possible for our financial stability.


Accounts Reconciliation:



  • Carry out the reconciliation of all financial ledgers and bank accounts, proactively addressing discrepancies and maintaining accuracy and completeness of financial records.


Compliance Reporting:



  • Prepare and submit regulatory compliance reports to relevant authorities, including the NLRC (National Lottery Regulatory Commission), ensuring our gaming operations meet all legal requirements.

  • Ensure regulatory compliance at the federal and state levels, staying updated on evolving regulatory requirements and facilitating the company’s timely compliance.


Tax Management:



  • Manage tax planning and compliance, covering income tax, Lottery tax, VAT, and other applicable taxes to uphold our startup’s financial integrity.

  • Collaborate with external tax advisors to optimize tax strategies, ensuring our tax liabilities are minimized while adhering to legal requirements.


Cash Management:



  • Ensure adequate cash flow and liquidity management by optimizing available resources to meet operational needs and capitalize on investment opportunities.


Audit and Internal Controls:



  • Work closely with auditors to complete statutory audits and make sure their recommendations get put into action to protect our financial integrity.

  • Set up and maintain strong internal controls to keep the company’s assets safe and make sure we maintain generally acceptable accounting practices in day-to-day operations.


Team Leadership:



  • Lead and mentor the finance team, cultivating a culture of excellence, accountability, and continuous professional development, ensuring our finance team is well-prepared to support our startup’s financial success from day one.


Financial Risk Management:



  • Develop and implement robust risk mitigation strategies to protect our startup’s financial well-being, proactively identifying and addressing potential risks in preparation for our launch.


Qualifications:



  • Bachelor’s degree in accounting or a related field is required.

  • ICAN (Institute of Chartered Accountants of Nigeria) or ACCA (Association of Chartered Certified Accountants) membership is essential.

  • A master’s degree in finance, accounting, or a related field would be a significant advantage, demonstrating a commitment to continuous learning and professional development.


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