Job Summary

The job holder will assist management to make important financial decisions that will affect the Company's finance. Responsible for preparing accurate and timely financial statements and activity reports that highlight business performances and looking into the minute details of financial reports to ensure that all legal/ regulatory requirements and procedures are met. Review reports to analyze trends and to find ways to limit or reduce costs. Coordinate and manage the statutory Audit process

  • Minimum Qualification: Degree
  • Experience Level: Senior level
  • Experience Length: 8 years

Job Description/Requirements

Strategic direction and leadership:

  • Supervises motivates and leads teams by identifying roles and providing guidance on service output and quality
  • Provide insight and guidance on contemporary Accounting and reporting issues
  • Ensure effective and efficient use of resources.

Accounting Operations & Financial Reporting:

  • Manage and control all account chart/general ledger
  • Coordinate with various teams and perform complex analysis and prepare reports to summarize financial data.
  • Manage all accounting operations including Billing, A/R, A/P, and GL
  • Consolidate reports and schedules from all divisions and prepare monthly dashboards for Management use.
  • Suggest and implement policies and controls to ensure accurate financial reporting.
  • Monitor and perform studies to interpret financial actions and modify accounting processes and provide technical advice and recommend improvements for same
  • Ensure compliance to all reporting requirements, file quarterly/annual returns according to current requirements, and document new rules.
  • Develop and maintain supporting documents for all financial reports and evaluate them for various departments
  • Coordinate with various departments and prepare recurring financial reporting packages
  • Perform continuous assessment of the close process and process re-engineering to reduce the timing to close the monthly financial reports.
  • Supervise revenue recognition process, accrual, and liability bookings. Review contracts to interpret financial issues and documents same.
  • Ensure accurate amortization of prepaid expenses; maintain up to date balance sheet schedules of unamortized balances
  • Working with the Finance team to resolve any reporting errors or discrepancies.
  • Ensures that the entire company is compliant and successfully passes all reporting requirements and should any non-compliance issues arise, the Financial Reporting Manager assesses and resolves these issues.
  • Take ownership of the Company’s income statement and the statement of financial position, ensuring all financial statement assertions and information processing objectives are upheld.
  • Monitor and ensure timely identification and compliance with evolving accounting guidance, provide IFRS interpretation, and prepare technical memorandums that document issues in a clear, logical, and comprehensive manner to Management
  • Be the custodian/champion for Accounting standards and maintain all relevant IFRS schedules.
  • Coordinate and supervise the month-end and year-end closing
  • Participate in other projects as may be required from time to time

Regulatory compliance

  • Establish reporting procedures and ensure compliance with regulatory guidelines
  • Ensure that appropriate finance systems are maintained and that all procedures/controls are implemented
  • Ensure that all accounting records are in compliance with the approved policies and accounting standards
  • Oversee the proper maintenance of the organization’s accounting records
  • Ensure timely delivery of audits.

Educational Qualifications/Experience Requirement:

  • A good first degree in Accounting or Banking & Finance
  • Possession of a Postgraduate degree in Accounting/Business Administration or related field is an added advantage
  • Minimum of 8 years in Audit or core Finance role with at least 3 years in Management capacity.
  • Experience in any of the Big 4 Audit firms or extensive IFRS reporting experience is an added advantage.
  • Membership of the ACCA, ICAN or any other related professional qualification is required.

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