CIBI Nigeria Limited a pioneer granite quarrying and processing company located in Kaduna seeks to fill the position of Accountant with a suitably and qualified person.
Minimum Qualification: HND/Degree in Accounting
Experience Level: Senior/Management level
Experience Length: 10 years
The Accountant’s role is to: plan, implement and manage the financial activities of the company, including strategic planning and budgeting, treasury management, financial control and risk management, interfacing with regulators and financial institutions on behalf of the company.
Critical, Analytical, Strategic Thinking and Problem-Solving skills
Ability to plan, execute and monitor work across business functions
Experience managing teams
Thorough knowledge of finance and accounting principles and procedures
In-depth knowledge of corporate finance law
Good interpersonal skills, Team player with a high sense of Emotional intelligence
Organisational management skills and ability to manage deadlines
Excellent knowledge of data analysis and forecasting methods
Demonstrated ability to handle confidential information in a sensitive and tactful manner.
Ability to plan, manage and follow through on assignments and communicate at all levels of the leadership within the organization –in a timely and professional manner
Proficiency in IT and relevant accounting software.
Responsibilities will include the following:
Provide strategic financial analysis and leadership on decision-making issues affecting the Company.
Undertake financial analysis periodically and timely strategic financial statements, to assist the Senior Management Team in evaluating the profitability of income streams and potential for cost efficiencies
Would be required to enhance and/or develop, implement and enforce Financial policies and procedures of Company by way of systems that will improve the overall operation and effectiveness of the company.
Accounting and Tax Management
Prepare and send accurate, complete and timely financial and management reports, which will include weekly/monthly/quarterly management accounts and balance sheet control Oversee, monthly reconciliation of all Company Bank accounts
Treasury & Working Capital Management –manage authorization of weekly electronic and manual payments.
Advise management with weekly/monthly expense report at both the Quarry and Factory
Act as liaison with bankers on loan facilities and other correspondences.
Develop a reliable cash flow projection and facilitate cash management policies that balance receivables collection with payables and include a minimum cash threshold to meet operating needs.
Prepare the cash flow statements, income and expenditure accounts, tax returns and balance sheet and a monthly performance review.
Ensure all associates/employees in the department adhere to Generally Accepted Accounting Principles (GAAP).
Assess the financial impact of strategic changes to existing practices and policies.
Advise management on daily bank positions.
Ensure that the company is in compliance with all statutory requirements including:
Payment and filing of VAT returns,
PAYE and Pension remittance
Withholding deduction and remittance
Corporate Income Tax-Liaising with auditors on the payments.
Drafting and management of the annual budget
Monitor budget development, forecasts, compensation planning, variances justification, and expense control.
Lead the development of operating budgets and make resource allocation recommendations to Management.
Coordinate the annual financial budgeting process to ensure alignment with stakeholders.
Monitor expenditure to ensure adherence to the company’s fiscal year budget.
Continuously improve on the budgeting process through engagement of other departmental heads on financial issues impacting department budgets.
Analyze budget variances and consolidate the financial statement for further analysis.
Ensure timely submission of all external reports such as Audit/Tax Reports etc.
Ensure that annual audit requirements are met.
Education and Qualifications Requirements
- 10 Years proven work experience in Finance or Accounting and able to transition into the role of a Financial Controller in future
- Proficiency in accounting software is a plus
- HND/BSc/BA in Accounting
- Membership of ACCA/ICAN
- MSc/MBA is a plus