Senior Financial Accountant at Structured Energy Systems Limited

Job Responsibilities

Account receivable/Vendor/payable management

• To manage the day-to-day operations of the Finance Department. Preparation of invoices, payment vouchers, requisitions, etc.
• Oversee accounts payable and receivable.
• Accounts Payable/Accounts Receivable processes including entering daily invoices/ bills/ journal entries.
• Research and resolve invoice discrepancies.
• Review aging reports and follow up with Customers regarding overdue balances.
• Follow up on WHT remittances.
• Analyze expenses to evaluate cost-cutting opportunities to drive value to the portfolio companies.
• Communicate with vendors and clients concerning billing and transactions.

General ledger

• Manage general ledger and carry out month-end and year-end close out processes, reconciliation of journal entries.
• Perform all related accounting functions required to maintain the general ledger in compliance with IFRS and company policy and procedures.
• Coordinate month-end and year-end closing activities to ensure timely reporting as well as     assist with yearly public audits.
• Review financial and accounting records and correct errors as required. Analyze and review    all postings into the ERP, Prepare and post adjusting journal entries where required.
• Oversee accounting operations, review, and reconcile journal entries, transactions, and financial activities, monitor and review accounting documents for accuracy, completeness, and compliance with Federal and state regulations.
• Assure journal entry information is complete and accurate and verify accuracy of supporting documentation.

Fixed assets Management

• Maintains the fixed assets register and ensure entries and records are up to date.
• Update the Fixed asset register with new additions, disposals, revaluations etc.

Inventory Management

• Obtain thorough overview of inventory for the group.
• Periodic Reviews of inventory transactions, ensure accuracy, accurate posting, and warehouse analysis.
• Carry out regular intermittent Spot counts, prepare Monthly inventory status reports.
• Carry out regular Bin card checks.
• Establish and execute internal controls to monitor, track stock and prevent leakages.
• Regular review of inventory ledgers, reconciliation to ensure Stock issues, purchases and all inventory movement have been recorded on the ERP.
• Regular Reconciliation of inventory ledger balances to physical quantities.

TAX, audit Regulatory & Compliance

• Liaise with external Auditors, Tax Auditors as required for the preparation of financial   analyses and reports.
• Responsible for researching, registering, and ensuring compliance with all state and Federal tax requirements.
• Oversee annual external audits and monthly and annual tax filings.
• Monthly and periodic computations and reports of monthly payables for FIRS & LIRS for the group, as well as total outstanding for the group
• Responsible for Monthly filing for VAT, WHT, PAYE and all applicable taxes
• Thorough overview of all compliance issues, licenses and certification required by the group.
• Monthly status reports on ALL compliance related issues. Responsible for overall tax and statutory compliance status of the group.  

Requirements

• B.SC or HND in Accounting or Finance.
• ICAN, ACCA certification is required.
• Minimum of 7 years of Accounting experience.
• Solid analytical, problem solving and interpersonal skills.
• Intermediate to advanced Excel skills.
• Ability to multi-task and work with multiple departments.
• Excellent time management and ability to meet required reporting deadlines.
• Knowledge of financial statement reporting and internal controls.
• Excellent oral and verbal communication skills.
• Good understanding of accounting and financial reporting principles and practices.
• Working Knowledge of tax laws.
• Strong Financial analysis skills.
• Ability to communicate reports/updates in both written and oral formats as at when due.
• Other knowledge/experiences could be an added advantage.