Accountant

Zola Electric

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Zola Electric is the world’s first massively scalable off-grid electric company. It exists to provide affordable and reliable energy to communities that currently lack such power. The company utilizes distributed renewable energy to sell power as a service to customers who suffer from an expensive grid, an unreliable grid, or have no electrical grid access at all. We provide 24/7 clean energy to anyone, anywhere. Our aim is to deliver a complete technical, operational and financial model that makes incredibly high quality renewable electrical services affordable to millions of homes.

The Position

  • Zola Electric is seeking an experienced Accountant who will be a part of the Corporate Controller’s organization. The role focusses on Tax & Statutory compliance, Accounts Payable, Accounts receivables, Bank reconciliations and Fixed Assets in the organization
  • The person works with local stakeholders and suppliers on queries and reports directly to Accounting Manager

Responsibilities

  • Timely preparation of accurate due tax schedules for review by the finance manager
  • Timely payment of all due taxes, proper filing of tax declaration & local compliance reporting
  • Maintenance of up-to-date tax certificate before the expiry of existing tax certificate
  • Liaise with external tax consultants
  • Assist in payroll processing by verifying correctness & accuracy of the payroll, capturing the payroll entries into the financial system, subsequently paying the payroll.
  • Manage the imprest process in the country
  • Preparation of staff loans, staff advances and staff sales commission’s schedule. Reconciliation and run report for review by the finance manager
  • Assist service managers in maintenance of accurate and up-to-date service/installation agents’ data for buy-in deduction and any other deductions as applicable
  • Capture journals into the financial system for approval by the finance manager
  • Assist with accounts payable queries and escalate any unresolved queries to the Finance Manager and Corporate Controller
  • Monitor the handling of petty cash, collation of supporting documents/receipts and prepare monthly reconciliations
  • Assist in the preparation for the annual external audit and internal audits by ensuring that working paper files and the necessary supporting documentation is made available
  • Monthly preparation of Balance Sheet reconciliations and follow up.
  • Maintain proper records and filing systems to ensure completeness, validity, and accuracy of financial transactions
  • Fixed Asset Management - Manage the asset tagging process based on input from the central team that maintains the asset register.
  • Participate in a physical inventory (PI) to test what has been recorded in the asset register to confirm the existence of the assets, ensuring that any missing assets are promptly written off.
  • Stakeholder Engagement
  • Participate in weekly Core Team Meetings and monthly Performance Review Meetings
  • Liaises closely with the finance manager to provide the necessary updates on day-to-day activities
  • Liaise with the central accounting team on accounting and financial reporting matters.
  • Maintain sound working relationships with financial institutions, relevant authorities, especially Revenue Authority
  • Support the collaboration across functions to understand and resolve problems on the ground

Job Requirements

Academic and Professional Skills:

  • Bachelor's or Master's Degree in Finance or Accounting
  • Minimum 2 years of accounting experience, ideally 3-5 years of professional experience
  • Knowledge of basic financial accounting principles
  • Knowledge of ERP systems
  • Good knowledge of Microsoft Excel
  • Communication skills in English

Competencies:

  • Analytical and problem-solving skills
  • Planning, organizing and time management skills
  • Attention to detail
  • Deadline driven
  • Team player
  • Work under pressure
  • Self-motivated.

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Summary

Company

Zola Electric

Job Level

Experienced (Non-Manager)

Location

Lagos

Specialization

Accounting / Audit / Tax

Job Type

Full-Time

Minimum Qualification

Degree

Preferred Years of Experience

1 - 3 years

Application Deadline

Wednesday