Compliance and Accounts Receivables Accountant at WTS Energy

Job Description

• The Compliance and Accounts Receivables Accountant will be responsible for managing the accounts receivables portfolio, ensuring timely collection of payments, maintaining accurate records, and ensuring compliance with regulatory requirements.
• The ideal candidate will have a strong background in accounting, excellent analytical skills, and a thorough understanding of Nigerian financial regulations. 

Key Responsibilities
Accounts Receivables Management:

• Manage the accounts receivables portfolio, including following up on collections, and reconciliations.
• Monitor accounts to ensure timely collection of payments and follow up on overdue accounts.
• Develop and implement strategies to reduce overdue receivables.
• Maintain accurate and up-to-date records of all accounts receivables transactions. 

Compliance:

• Ensure compliance with all relevant Nigerian financial regulations and accounting standards.
• Prepare and submit required financial reports and documentation to regulatory bodies including pension fund administrators, tax authorities, NSITF/ ITF and other regulators.
• Assist during audits to ensure adherence to internal controls and regulatory requirements.
• Stay updated on changes in financial regulations and advise management on compliance issues.

Financial Reporting:

• Prepare weekly and annual accounts receivables reports.
• Provide analysis and insights on accounts receivables performance to management. 

Customer Relations:

• Liaise with customers to resolve any billing issues or discrepancies.
• Develop and maintain strong relationships with key customers to facilitate smooth payment processes.
• Address customer inquiries and provide support regarding account status and payment terms.

Internal Controls:

• Develop and implement internal controls related to accounts receivables and compliance.
• Identify areas for process improvement and recommend solutions to enhance efficiency and effectiveness.

Qualifications

• Bachelor's Degree in Accounting / Finance, or a related field.
• Professional accounting qualification (e.g., ACA, ACCA) is highly desirable.
• Minimum of 3 - 5 years of experience in accounts receivables and compliance, preferably within a similar industry.
• In-depth knowledge of Nigerian financial regulations and accounting standards.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• High attention to detail and accuracy.
• Ability to work independently and as part of a team.

Key Competencies:

• Integrity and ethical conduct.
• Strong organizational and time management skills.
• Ability to handle multiple tasks and meet deadlines.
• Customer-focused mindset.
• Continuous improvement orientation.

Benefits

• Competitive salary and performance-based bonuses.
• Comprehensive health insurance.
• Professional development opportunities.
• Friendly and supportive work environment.