Senior Accountant at Jubaili Bros Nigeria

JOB OVERVIEW

• To audit the carrying out of all accounting-related functions, entries, and controls including bank reconciliation reports, customers’ and suppliers’ accounts reports; inventory audit; and monitoring governmental documents and payments reporting, to ensure no manipulation of finances occurs, and better control the company's income and expenditures.

Responsibilities

• Manage the section’s daily operations by providing expertise, enabling teamwork, and aligning processes, in order to achieve high performance standards and meet established targets.
• Contribute to the development and consolidation of the departmental budget and monitor own section’s financial performance versus the budget, in order to ensure the exercising of financial authority within established limits and the control of sectional budget expenditure.
• Review accounting transactions of all entries purchases and sales, stores, etc by reviewing the balances and statements of the entries, to ensure proper accounting entries and control on payments and receivables made.
• Review and audit bank reconciliation (deposits and withdrawals), by randomly auditing all branches' cashboxes, to ensure all funds are properly deposited into the bank.
• Monitoring of Customer accounts, by reviewing the receipts and invoices prepared by the accountants, to ensure it tally with actual payments by customers.
• Review monthly inventory reports, as well as annual inventory reports, including damaged and depreciated fixed assets reports, to monitor the stock, correct any differences, and issue cost of items.
• Audit payment of all Taxes (PAYEE, Pensions, VAT, and WHT) on a monthly basis to ensure correct declarations of amounts and timely remittance.
• Supervise the annual Audit Exercise by the external auditors, providing all requirements to ensure a hitch-free operation, and ensuring the Financial Statement is ready on time.
• Ensure timely filing of Annual Returns and payment of dues (Company Income Tax, Education Tax, ITF), etc., as well as follow up with the Tax Consultant on Employee’s Tax Clearance processing, to ensure accuracy of tax payment.
• Coordinate Tax audits by both Federal and State Governments for all branches, liaising with the Tax Consultant on all Tax issues, ensuring only due liabilities are imposed on the company, updating tax registers, and maintaining proper keep of all documentation, to ensure that all rights of the company and employees are preserved.

Qualifications

• Minimum of 5 years experience in a similar industry.
• ICAN certification will be an added advantage.
• Bachelor's degree in Accounting, Finance, or Economics or equivalent experience.