Job Title: Senior Accountant Location: Lekki, Lagos Employment Type: Full time Start Window: Immediate
Academic Qualification – MSC/BSc/BA in Finance, Accounting or Economics with a Professional Certificate: Chartered Institute Of Taxation of Nigeria (CITN), The Institute of Chartered Accountants of Nigeria (ICAN), Associate Chartered Accountant (ACA).
Experience – Applicant must possess 5-8-year supervisory experience
Great knowledge of accounting systems (Access Dimensions, Quick Books, SAGE, Microsoft Excel, etc.)
Strong knowledge of internal control principles, operational risk evaluation
Must be thorough, detail oriented, organised and versatile whilst at the same time having a service mindset and non-compromising integrity. We expect candidate to have a strong background in finance and tax as well as understanding the specifics of the energy service industry generally.
Ability and willingness to work extra hard to ensure that all necessary tasks and reports are prepared on time and meeting the high-quality standards
Ability to analyze problems and strategize for better solutions
Excellent leadership and organizational skills
The Senior Accountant will be primarily responsible for the planning, implementation, managing and running of all the finance activities of the company and all associated or affiliated companies, including; business planning, budgeting, forecasting and negotiations.
The Senior Accountant must display a cohesive ability at interpersonal and communication skills, both verbally and written. They must be able to engage with staff at all levels of the organization and exercise sound judgement.
Suitable candidates should also have excellent financial reconciliatory skills and experience in managing time-bound rolling commitments.
The staff must be capable to take full responsibility for the following duties; either performing this him/herself or in a supervising role: Bookkeeping and monthly reporting under IFRS in line with deadlines. Analysing actual versus budgeted results (in general and for events) and providing advice to the general manager, senior management and to the board on possible improvements
Preparing all monthly, quarterly and yearly tax reports and ensuring that necessary filings and payments are done on time
Perform treasury function including handling and controlling of payments to vendors and handling of cash
Perform monthly staff payroll/ tax deductions and all related calculations
Perform Weekly /monthly bank reconciliations and analysis of FOREX gains/losses.
Supervising and performing monthly or end year stock takings / inventory valuation where applicable
Setting up and maintaining policies and procedures including requirements on controls and documentation for management
Managing the external audit and ensuring that it is completed on time
Managing the company assets register.
Ensuring that insurance cover for all assets are adequate and are in line with organizational requirements
Working with team members and general manager to complete any other duties as may be required
Demonstrated understanding of the process workflow related to work requests from initiation through completion.
Consistently demonstrating teamwork dynamics by working as a team member; understanding individual and team roles; contributing to a positive working environment by building solid relationships with team members; and proactively seek guidance, clarification and feedback.
Filing of PAYE annual returns
Collect of WHT credit note receipt
Process Electronic Tax Clearance certificates
Compute and remit of PAYE and VAT as and when due
Deduction of Withholding Tax from any contract awarded or from suppliers, and remitting same to either FIRS or State IRS.
Prepare monthly outstanding WHT Credit Notes
Represent the company on Tax matters with FIRS and relevant State IRS
Prepare monthly project accounts, posting of payment vouchers, maintaining P & L Schedules on the Sage 50 Accounting software
Providing leadership, direction and management of the finance and accounting team
Providing strategic recommendations to the Project Business Managers and members of the executive management team
Establishing and developing relations with senior management and external partners and stakeholders
Reviewing all formal finance, HR and IT related procedures.
Reconciling and prompt remittance of intercompanies’ payments
Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting
Advising on long-term business and financial planning
Prepare various federal and state income tax returns.
Assist in federal and state tax audits.
Keep abreast of current developments in the tax area.
Perform all other assigned projects as assigned by the Managing Director
Key Performance Indicators (KPI)
Timely processing and collection of ETCC for staff
Timely submission of monthly, quarterly and end year financial reports
Timely remittance of PAYE, WHT, and VAT
Accurate computation of WHT, VAT, and PAYE
Timely securing FIRS tax clearance, ITF, educational and other regulatory licences