Accountant

ROLE SUMMARY

DUTIES & RESPONSIBILITIES

Financial Record-Keeping & Bookkeeping

• Maintain accurate and up-to-date general ledger accounts.
• Record all financial transactions (income, expenses, assets, liabilities, and equity) in the accounting system.
• Ensure proper documentation and authorization for all entries.
• Post journal entries, accruals, prepayments, and adjustments as required.
• Maintain fixed asset register and depreciation schedules.

Bank Reconciliations & Cash Management

• Perform monthly bank reconciliations for all company accounts.
• Investigate and resolve reconciling items promptly.
• Monitor daily cash positions and prepare cash flow reports.
• Manage petty cash and ensure proper documentation and reconciliation.

Accounts Payable & Receivable

• Process vendor invoices, staff reimbursements, and expense claims.
• Ensure timely payment of suppliers and vendors.
• Issue client invoices and monitor accounts receivable aging.
• Follow up on overdue receivables and manage collections.
• Maintain accurate records of creditors and debtors.

Statutory & Tax Compliance

• Prepare and remit PAYE, WHT, VAT, and other statutory deductions.
• Ensure timely filing of all tax returns with FIRS and other regulatory bodies.
• Maintain accurate records of tax computations and remittances.
• Liaise with tax consultants and external auditors on tax matters.
• Stay updated on changes to tax laws and ensure compliance.

Payroll Processing

• Prepare monthly staff payroll, including salary computations, bonuses, and deductions.
• Ensure accurate calculation of PAYE, pension, and other statutory deductions.
• Process monthly salary payments via bank transfer.
• Maintain employee payroll records and respond to staff payroll queries.

Financial Reporting

• Assist in the preparation of monthly management accounts (income statement, balance sheet, and cash flow statement).
• Prepare monthly, quarterly, and annual financial reports in compliance with IFRS.
• Prepare budget variance analyses and provide commentary on financial performance.
• Support the preparation of board reports and management presentations.
• Prepare financial statements for external audit and regulatory submissions.

Internal Controls & Compliance

• Ensure compliance with internal financial policies and procedures.
• Support the implementation and monitoring of internal control systems.
• Assist in internal and external audit processes, providing necessary documentation.
• Ensure proper segregation of duties and authorization workflows.
• Identify financial risks and recommend control improvements.

Budgeting & Financial Planning

• Support the annual budgeting and forecasting process.
• Monitor budget implementation and prepare variance analyses.
• Provide financial projections and scenario analyses as required.
• Assist in capital planning and investment decisions.

Audit Coordination

• Prepare audit schedules and support external auditors during statutory audits.
• Ensure timely resolution of audit queries and implementation of recommendations.
• Maintain a comprehensive audit trail and supporting documentation.
• Assist in internal audit reviews as required.

Regulatory Reporting

• Prepare and submit regulatory returns to CBN, NDIC, SEC, and other regulators as required.
• Ensure accuracy and timeliness of all regulatory filings.
• Stay updated on regulatory changes affecting financial reporting and compliance.

CANDIDATE PROFILE

EDUCATIONAL QUALIFICATION

• Bachelor's degree in Accounting, Finance, Economics, or a related field.
• A master's degree (MBA, MSc Finance) is an added advantage.

QUALIFICATION AND EXPERIENCE

• 3–5 years of progressive accounting experience, preferably within financial services, banking, asset management, or a regulated environment.
• Experience with IFRS, tax compliance, and financial reporting
• Hands-on experience with accounting software (Sage, QuickBooks, ERP, etc.) and advanced MS Excel.
• Exposure to CBN and SEC regulatory reporting is highly desirable.