Financial Reporting Specialist

CMB Building Maintenance and Investment company Limited

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CMB Building, Maintenance & Investment Co. Limited (CMB), established in 2002, operates as an all-inclusive Real estate development organization. The company's objective is to revolutionize the real estate industry to the point where participation is feasible across all classes of income.

Job Purpose

  • To ensure accurate reporting of financial transactions and effective management of financial resources and systems.

Key Responsibilities

  • Liaises with HOD, FPR to develop/update and implement financial and accounting policies, procedures and strategies across the Group.
  • Manages the day-to-day accounting transactions and ensures the accurate recordings/postings of financial data.
  • Prepares the trial balance and financial reports (bank reconciliations, balance sheet, profit and loss accounts).
  • Implements control systems and processes to secure the organization’s assets.
  • Acts to ensure the accuracy of inventory balances by reconciling the book balance of stock/cash to physical balances.
  • Monitors the fixed asset ledgers to ensure the accuracy of balances by effectively reconciling book balance to physical balance.
  • Liaises with internal and external auditors to discuss and resolve queries.
  • Provides detailed and accurate reports to Executive management on a regular basis to support business objectives.
  • Analyze and interpret financial information for Company strategic planning and business decision making.
  • Prepare weekly work plans and time sheets for submission to Head of Department.
  • Departmental Budget Savings of at least 20%.
  • Promptness of service delivery and support for other departments.
  • Be a role model for the entire team and always keep the team morale and energy high.
  • Provide Accounting policy (Specific to Financial Reporting) orientation for new employees admitted into the department.
  • Closure of audit non-conformity within the stipulated time
  • Attendance at the departmental quality meeting and technical meetings.

Performance Area Key Performance Indicator (KPI)

Accounts Management:

  • The integrity of physical and electronic accounting financial information.
  • Timely resolution of accounts discrepancies.
  • Accuracy in documentation and easy retrieval of financial transaction records.
  • A number of timely losses within the Organization on various transactions identified.
  • Timely reconciliation of accounts.

Financial Reporting:

  • Timeliness, completeness, and accuracy of financial reports.
  • The relevance of reports to decision making.
  • Compliance and record management
  • Timely completion of reconciliation of accounts.
  • Accuracy in filing and easy retrieval of documents.
  • Non-compliance of staff to finance policies and procedures.
  • No. of detected breaches in internal controls.
  • Frequency and number of fraud incidents.

Team Management:

  • Managing the team efficiently.
  • Troubleshooting.
  • Contribution to the employee productivity.

Reporting:

  • Prompt submission of Monthly and Quarterly performance reports.

Key Skills And Competencies

  • Excellent follow through, ability to pay attention to details and organizational skills.
  • High level of professionalism and dedication towards work.
  • Analytical, problem solving and decision making skill
  • Excellent interpersonal and negotiation skills.
  • Excellent written and verbal communication skills.
  • Ability to multitask and work well under pressure.
  • Strategic thinking, forecasting and planning skills.
  • Strong quantitative, analytical and computer skills.

Job Requirement:

  • Bachelor’s Degree in Accounting/ Business Management/Economics
  • Minimum of 6 years experience in Accounting
  • Real Estate experience is an added advantage
  • Must be professionally qualified as an Accountant

Note:

  • Interested and qualified candidates should send their CV's and state the Job Role as the Subject.
  • Only shortlisted candidates will be contacted.

This job originally appeared elsewhere.

Summary

Company

CMB Building Maintenance and Investment company Limited

Job Level

Experienced (Non-Manager)

Location

Lagos

Specialization

Accounting / Audit / Tax

Job Type

Full-Time

Minimum Qualification

Degree

Preferred Years of Experience

5 - 7 years