Job Summary

Understand the strategic focus of the company on finance, operations, projects,businesses and management.

  • Minimum Qualification: HND
  • Experience Level: Mid level
  • Experience Length: 5 years

Job Description

  • Understand the strategic focus of the company on finance, operations, projects,businesses and management.
  • Responsible for the integrity, completeness, correctness, timeliness, preparations, presentation and reporting of the company’s financial accounts on income statements,
  • the financial position statement, cash flow statement, notes to the accounts, financial analyses, interpretations, schedules, recommendations, suggestions, etc.
  • Ensure timely, complete and correct postings and classifications of all transactions into the financial accounting applications by all concerned personnel, units and departments.
  • Ensure that the company complies with appropriate international and national accounting standards, principles, conventions, practises and concepts when treating accounting transactions. 
  • Also ensure compliance with relevant internal company policies, procedures and guidelines.
  • Manage the reconciliations of all banks, cash, suspense, clearing, sundry and other general ledger accounts; ensure the proper processing and regularization of exceptions.
  • Coordination of the company’s budget planning, implementations, controls and reporting management.
  • Prepare, settle, liaise, file and manage all company taxations.
  • Effective management of all debtor customers and creditor vendors’ accounts for debts ascertainment, proper record keeping, circularization, timely redemption, advisory, and invocation of legal proceedings, where necessary.
  • Responsible for treasury management, which include loans, equity, cash and banking operations, transactions processing, controls and reporting.
  • Ensure that confidential financial accounting information are tightly contained and not accessed by unauthorised persons.
  • Ensure that all payroll, fixed assets and depreciations transactions are properly processed and controlled in the financial accounting system and reporting.
  • Take custody of important financial accounting and incorporate documents. Original documents relating to taxes, insurances, bank loans & overdrafts, debtors’ settlement agreements, liability commitments, investments, incorporations, legal and other forms of financial agreements are safely kept.
  • Effectively liaise with all external parties, and properly represent the company on all matters that affect the department.
  • Ensure that the department’s workforce consists of only high and exceptional performers with no tolerance for low performance.
  • Provide leadership, mentorship and training to all the subordinates in the department.
  • Imbibe in the subordinates, corporate culture, work ethics and expectations. 
  • Responsible for the reviews, approvals, controls and retirements of all administrative overheads of the department.
  • Ensure timely, completely and correctly outputting of all departmental information and intelligence in the right formats to all other authorised parties.
  • Relieve the managing director of all routine and non-routine tasks relating to the department that distract him from his strategic and visionary responsibilities.
  • Prepare periodic (daily, weekly, monthly, quarterly, biannual and annual) reports and budgets for management planning and decision makings.
  • Issue job descriptions to subordinates in collaborations with the head of personnel and in accordance with the personnel policy.
  • Notwithstanding the job responsibilities of subordinates within the department, the responsibility for work quality and deliverability resides with the head of the department.
  • Responsible for the disciplines and conducts of periodic appraisals for subordinates in the department.
  • Ensure that the company complies with Nigerian accounting principles, conventions, practises and concepts when treating accounting transactions.
  • Enforce compliance with all the company’s approved accounting policies when processing any accounting transaction and carrying out financial management.
  • Manage and guarantee the completeness, correctness, relevance, accessibility, timeliness, presentation and efficient preparations of the company’s accounting reports.
  • Manage and ensure integrity of cash activities especially cash sales and expenses of the company.
  • Ensure that all accounting transactions both at head office and branches are completely posted into the accounting system.
  • Provide relevant and timely financial accounting intelligence to management for planning and decision making.
  • Responsible for the accounting treatments of all purchases transactions, inventory costings; cheques, cash and transfer payments accounting, as well as their postings into the system;
  • Package credits for customers after satisfying credit risks checklist and maintain detailed and accurate records of such credit customers, while following up with business department to effectively liquidate such credits.
  • Collaborate with the stock units, as well as the audit department in ensuring that all inventory records as maintained in the accounting system are accurate and also, carryout appropriate reconciliations.
  • Maintain complete and accurate financial records of all vendors; carryout reconciliations to resolve discrepancies between vendors’ records and the company’s records.
  • Ensure that credit customers properly process their credit forms and that the forms are legally binding on the credit customers should there be legal proceedings. Also ensure that the credit system guarantees full recovery of all outstanding debts in the case of defaults.
  • Closely monitor how well each debtor is honouring their respective repayment terms; immediately escalating repayment defaults, and ensuring that defaulting credit customers are speedily followed up until full recoveries are made.
  • Regularly circularise debtor customers and ensure that they fully settle their debts.
  • Advise management on viable options that could be deployed to fully recover
  • outstanding, doubtful, or bad debts.
  • Monitoring and resolution of suspense accounts, clearing accounts, settlement accounts and sundry accounts.
  • Management of all the fixed assets of the company – fixed assets scheduling, depreciation, existence, ownership, and valuation management.
  • Prepares periodic financial reports – income statement, financial position statement, cash flow statement, notes to the accounts, financial analyses and interpretations.
  • Review / obtain from the managing director and other personnel, full details of all financial transactions undertaken on behalf of the company and ensure that none is misrepresented.
  • Ensure correctness of ledger balances in the trial balance; correct classifications of posted transactions into appropriate accounting heads and their completion.
  • Continually develop and recommend newer and better techniques for work
  • performances.
  • Generate, maintain and ensure full collections and compliances with all documentation, in timely, accurate, complete, clear and unmutilated manners, with responsibility for proper custodian, security accountability of all documents emanating and received by the unit.
  • Ensure that the unit’s workforce consists of only high and exceptional performers with no tolerance for low performance.
  • Take full controls, responsibilities and accountabilities for all unit’s resources and activities.
  • Organize regular training, workshops, and interactions for the unit’s personnel aimed at developments, empowerments, performance enhancements, work, and quality assurance. 
  • Engage in collaborations with other related units heads for unified training.
  • Effectively collaborate with all other unit heads for increased overall performances of the company and service deliveries to customers.
  • Manage independent contract and casual workers or agents that work in the unit.
  • Prepare and submit periodic unit reports to the chief financial officer.  
  • Supervise and issue job descriptions to subordinates whose jobs are not categorically detailed in the personnel policy; delegate duties accordingly and submit copies of the job descriptions to the head of personnel for retention after thorough review by the department’s head.
  • The responsibility for work quality and deliverability in the unit, reside with the head of the unit. 
  • Instill applicable disciplines and excellence within the unit 
  • Responsible for all administrative functions of the company. 
  • Process and settle insurance premiums, utility bills, and other administrative bills.  
  • Responsible for the maintenance and repairs of all office appliances and equipment. 
  • Responsible for administrative purchases like stationeries and ensure their proper and economical usages. 
  • Fixed assets replacement and disposal management. 
  • Carryout any other administrative functions of the company that are not specifically contained in the job descriptions of any other departments of the company.  
  • Effectively liaise with all external parties, and properly represent the company on all matters that affect the department. lv. 
  • Ensure timely, completely and correctly outputting of all departmental information and intelligence in the right formats to all other authorised parties. 
  • Relieve the managing director of all routine and non-routine tasks relating to the department that distract him from his strategic and visionary responsibilities. lvii. Prepare periodic (daily, weekly, monthly, quarterly, biannual and annual) reports and budgets for management planning and decision makings. lviii. Issue job descriptions to subordinates in collaborations with the head of personnel and in accordance with the personnel policy. 
  • Responsible for the disciplines and conducts of periodic appraisals for subordinates in the department. 
  • Carryout any other jobs as may from time to time be assigned by the managing director. 

Reporting Line: Managing director 

Requirements:

  • Must possess B.Sc. or HND in accountancy with professional qualification in accountancy (chartered accountancy). Must possess professional qualifications in accountancy. MSc or MBA is an added advantage. 
  • Possess a minimum of 5 years hands-on experience in financial accounting management, with major career successes. 
  • Must have vast training in financial accounting standards, practises, taxations, payrolls, people resources and profit management. 
  • Possess excellent analytics, conceptual thinking, superior reasoning, and sound business judgment required to successfully manage company’s businesses and operations. 
  • Must be astute in strategic, time, quality and satisfaction management. 
  • Possess very admirable leadership and managerial qualities 
  • Possess the ability to independently carry on the businesses of the company without requiring any oversight. 
  • Must be physically, mentally, emotionally and medically sound and fit for the works. 
  • Must possess very strong negotiation skill, influential attributes, capacity to win people over without bruises and to professionally engage any stakeholders in any kinds of business conversations while upholding and enhancing the brand image of the company. 
  • Shall possess the capacity to develop manpower and lend knowledge to subordinates and others. 
  • Ability to adapt positively to harsh business/management conditions and still maintain a  can-do attitude. 
  • Must be very sound in all manners of communications, including writing business reports and presentations. 
  • Must possess high multitasking ability with careful attention to details. Must be computer literate, with good of excel, word, PowerPoint and ability to learn new software 


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