Financial Reporting Accountant

General Ledger Maintenance:

• Maintain and update the general ledger accounts.
• Ensure accurate and timely recording of all financial transactions.
• Reconcile general ledger accounts, including bank accounts, intercompany accounts, and balance sheet accounts.

Month-End, Quarter-End, and Year-End Close:

• Prepare and post journal entries for accruals, adjustments, and reclassifications.
• Perform account reconciliations and resolve discrepancies.
• Ensure the financial close process is completed on time and accurately.

Financial Reporting:

• Prepare and review trial balances.
• Assist in the preparation of financial statements, including balance sheets, income statements, and cash flow statements.
• Generate management and ad hoc financial reports.

Compliance and Audit Support:

• Ensure adherence to accounting standards (IFRS) and company policies.
• Prepare documentation and schedules for internal and external audits.
• Address audit findings and implement corrective actions.

Reconciliations and Analysis:

• Conduct reconciliations for fixed assets, prepaid expenses, accrued liabilities, and other key accounts.
• Analyze financial data for accuracy and identify trends or anomalies.
• Investigate and resolve discrepancies between sub-ledgers and the general ledger.

Process Improvement:

• Identify inefficiencies in accounting processes and recommend improvements.
• Participate in the implementation of new accounting systems or software (e.g., SAGE ERP).
• Streamline workflows to enhance accuracy and efficiency.

Tax and Regulatory Compliance:

• Assist with tax and regulatory reporting as needed.
• Ensure accurate recording of statutory deductions (e.g., VAT, WHT, NCDF, PAYE, Pension, etc.).

Fixed Asset Module Maintenance:

• Manage asset acquisition and capitalization.
• Oversee asset depreciation and amortization.
• Handle asset impairment and disposal.
• Ensure accurate financial reporting and compliance related to fixed assets.
• Conduct reconciliations and analysis of fixed asset accounts.

Requirements:

Academic & Professional Specifications:

• Bachelor's degree in accounting, finance, or a related field.
• Professional accounting qualification, e.g. Associate/member of the Institute of Chartered Accountants of Nigeria (ICAN), ACCA is preferred.
• Minimum of 7 years in a similar role and at least 2 years in a leadership position.

Key Skills & Competencies

• Strong understanding of accounting principles (IFRS) and financial reporting standards.
• Proficiency in using accounting software, particularly SAGE ERP.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills.
• Excellent communication and interpersonal skills.

Person Specification:

• Strong understanding of accounting principles (IFRS)
• Proficiency in using accounting software, especially SAGE ERP
• Advanced Excel skills
• Knowledge of tax laws and regulations
• Strong analytical and problem-solving skills
• Attention to detail and accuracy
• Excellent organizational and time management skills
• Effective communication and interpersonal skills
• Ability to work independently and as part of a team
• Proactive and innovative approach to problem-solving
• Strong leadership skills
• Excellent team player

Key Performance Metrics

Key Performance Indicators

Financial Reporting:

• Accuracy and timeliness of financial statements
• Adherence to accounting standards and internal controls
• Effective analysis of financial data and insights provided

Operational Efficiency

• Timely completion of month-end, quarter-end, and year-end close processes
• Successful implementation of process improvements
• Effective management of fixed asset records

Compliance

• Adherence to tax and regulatory requirements
• Successful completion of audits with minimal findings

Teamwork and Collaboration

• Effective collaboration with team members and other departments
• Positive and supportive team attitude
• Ability to work effectively under pressure and meet deadlines

Process improvement:

• Identification of inefficiencies in current processes
• Development and implementation of solutions to improve efficiency
• Successful implementation of new systems or software
• Reduction in processing time for key tasks
• Cost savings achieved through process improvements

Leadership:

• Effective collaboration with team members and other departments
• Positive and supportive team attitude
• Ability to mentor and guide junior team members
• Strong leadership skills in driving projects and initiatives
• Ability to work effectively under pressure and meet deadlines

Industry: Oil and Gas

Work Type: Full-time