Country

  • Lagos, , Nigeria
  • Industry

  • Engineering and Construction
  • Posting date

  • March 17, 2023
  • Job application is closed.

Contact

WTS Energy

  • Permanent
  • Lagos, , Nigeria
  • NGN8000000 - NGN11000000 per annum NGN / Year
  • Applications have closed

Website WTS Energy

This job is closed.

Senior Management Accountant

March 17, 2023

Job Description

Job Purpose
▪ The Senior Management Accountant supports management planning and decision making by providing analysis and reporting on key financial information emanating from business operations, cashflow, income, and expenses.
▪ The role also supports cost and revenue optimization by generating and monitoring forecasts, budgets, and risk analysis.

MANAGEMENT ACCOUNTING
▪ Maintain documented system of accounting policies and procedures.
▪ Improve the company’s accounting operations, especially the control systems, transaction-processing operations, policies and procedures.
▪ Forecast cash flow positions and available funds for investment.
▪ Ensure sufficiency of funds to meet operational and capital investment requirements.
▪ Maintain relationship with company bankers.
▪ Maintain payment relationship with the suppliers.
▪ Prepare reports on the company’s assets, financial performance, liquidity and main risks.
▪ Liaise with other departments to ensure timely preparation and review of financial accounts.
▪ Prepare timely, regular management accounts for the company.
▪ Prepare consolidated financial statements in accordance with International Financial Reporting Standard (IFRS).

INTERNAL CONTROL & AUDIT MANAGEMENT
▪ Prepare Management Accounts for financial audit exercise.
▪ Coordinate the provision of information to external auditors for annual audit.
▪ Review the internal control processes including financial controls for likely submission to external auditors, upon request.
▪ Liaise with external auditors for the Prepare By Client (PBC) checklist and provide authorized feedback as necessary.
Attend to auditors queries and complaints for immediate resolutions.
▪ Update the GL/Control Accounts with the approved audit adjustment journals.
▪ Conduct and direct audits and ongoing reviews of organization controls, operating procedures, and compliance with policies and regulations.
▪ Prepare Trial Balance with lead schedules for the control account balances for audit purposes.
▪ Review and appraise the soundness, effectiveness, and proper application of accounting and financial controls, compliance procedures and controls, and timeliness of documentation generation.

MANAGEMENT OF TAXES AND STATUTORY CONTRIBUTIONS
▪ Advise on best practice for tax planning with appropriate tax rates full compliance and prevention of sanctions.
▪ Obtain information on taxes and statutory contributions from relevant designated authorities to update the internal business processes.
▪ Develop a robust policy on tax compliance, deductions, remittances and reporting.
▪ Compute accurate taxes (CIT, EDT, WHT, VAT) based on standard rates and basis.
▪ Advise with approved memo for taxes payable.
▪ Ensure timely filing of tax returns (WHT & VAT) with all relevant authorities to avoid penalties and fines.

Benefits
– Statutory obligations (Pension, HMO, Group Life)
– 13th Month
– Leave Allowance
– Bonus based on Company’s Performance
– Annual salary range is NGN 8m – 11m.

Experience
▪ Minimum 10 years’ experience in accounting, treasury operations or corporate finance
▪ Minimum 3 years in a similar role
▪ Audit experience with the big four is an added advantage
added

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