Compliance and Accounts Receivables Accountant at WTS Energy

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
89753
Job Views
72

Job Description



Job Description



  • The Compliance and Accounts Receivables Accountant will be responsible for managing the accounts receivables portfolio, ensuring timely collection of payments, maintaining accurate records, and ensuring compliance with regulatory requirements.

  • The ideal candidate will have a strong background in accounting, excellent analytical skills, and a thorough understanding of Nigerian financial regulations. 


Key Responsibilities

Accounts Receivables Management:



  • Manage the accounts receivables portfolio, including following up on collections, and reconciliations.

  • Monitor accounts to ensure timely collection of payments and follow up on overdue accounts.

  • Develop and implement strategies to reduce overdue receivables.

  • Maintain accurate and up-to-date records of all accounts receivables transactions. 


Compliance:



  • Ensure compliance with all relevant Nigerian financial regulations and accounting standards.

  • Prepare and submit required financial reports and documentation to regulatory bodies including pension fund administrators, tax authorities, NSITF/ ITF and other regulators.

  • Assist during audits to ensure adherence to internal controls and regulatory requirements.

  • Stay updated on changes in financial regulations and advise management on compliance issues.


Financial Reporting:



  • Prepare weekly and annual accounts receivables reports.

  • Provide analysis and insights on accounts receivables performance to management. 


Customer Relations:



  • Liaise with customers to resolve any billing issues or discrepancies.

  • Develop and maintain strong relationships with key customers to facilitate smooth payment processes.

  • Address customer inquiries and provide support regarding account status and payment terms.


Internal Controls:



  • Develop and implement internal controls related to accounts receivables and compliance.

  • Identify areas for process improvement and recommend solutions to enhance efficiency and effectiveness.


Qualifications



  • Bachelor's Degree in Accounting / Finance, or a related field.

  • Professional accounting qualification (e.g., ACA, ACCA) is highly desirable.

  • Minimum of 3 - 5 years of experience in accounts receivables and compliance, preferably within a similar industry.

  • In-depth knowledge of Nigerian financial regulations and accounting standards.

  • Proficiency in accounting software and Microsoft Office Suite, particularly Excel.

  • Strong analytical and problem-solving skills.

  • Excellent communication and interpersonal skills.

  • High attention to detail and accuracy.

  • Ability to work independently and as part of a team.


Key Competencies:



  • Integrity and ethical conduct.

  • Strong organizational and time management skills.

  • Ability to handle multiple tasks and meet deadlines.

  • Customer-focused mindset.

  • Continuous improvement orientation.


Benefits



  • Competitive salary and performance-based bonuses.

  • Comprehensive health insurance.

  • Professional development opportunities.

  • Friendly and supportive work environment.


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