Financial Accountant at WTS Energy

Job Summary

Provide detailed accounting support to the Finance Department, which includes periodic financial reports, maintenance of an adequate accounting system of records, and a comprehensive set of controls and budgets.

Total Quality & Compliance Management Systems Functions

• Improve the company’s accounting operations, especially the control systems, transaction-processing operations, policies, and procedures.
• Maintain a documented system of accounting policies and procedures.
• Maintain proper referencing and archiving of payments and receipts documents.
• Support scheduling regular compliance reviews in accordance with internal policies, procedures, and practices.

Treasury Management Functions

• Support loan requests and processing with the banks on a periodic basic
• Support in negotiating competitive interest rates for all loan facilities.
• Manage payables with all supporting documents and report age analysis on a periodic basis.
• Process payment advice, with supporting documents and instruments to bank (s)
• Assist in the preparation of forecast cash flow positions and available funds for investment.
• Process payments to vendors, suppliers, and third parties in line with both expenditure and payment approvals.

Financial Reporting Functions

• Maintain daily cash books for all operating and collection accounts.
• Reconcile bank accounts weekly and provide accurate balances for decision-making.
• Manage and reconcile General Ledger accounts.
• Update operating accounting software with financial data daily.
• Prepare consolidated financial statements in accordance with International Financial Reporting Standard (IFRS).
• Coordinate the provision of information to external auditors for annual audit.
• Comply with state and federal government reporting requirements and tax filings.
• Liaise with other departments to ensure timely preparation and review of financial accounts.
• Support the preparation of the company’s budget and in delivering the budget process.
• Support timely reporting to management on budget variances and the rationale for such variances.
• Carry out other duties as assigned by the CFO.

Technical and Role-Specific Competencies and Skills

• Ingenuity: Use of logical analysis. Must think through and solve problems step by step, looking beyond the obvious solution to a problem by digging deeper for the best solution. Possess strength in identifying and setting priorities.
• Confidentiality: Can work with highly sensitive information and maintain strict confidentiality. Job requires the employee to communicate well with people at different job levels, frequently sharing information with others while listening to and understanding other points of view.
• Integrity and Accountability: Consistently demonstrate honesty in performance and interactions with others. Unassumingly making decisions as if the financial risks are personal.
• Judgement: Ability to act independently using sound judgment and initiative while keeping senior management informed
• Financial Analysis skills
• Financial Risk Management
• Financial Modelling skills
• Proficiency in Microsoft Office tools especially Excel and PowerPoint
• Proficiency in the use of Sage accounting package and ERP Software

Qualification & Requirements

• Minimum BSc/BA/HND in Accounting or related field
• ACA or ACCA or CPA Certification
• Audit experience with the big four is an added advantage.
• 3 years’ experience in accounting, treasury operations or corporate finance