Chartered Accountant at National Institute of Credit Administration

Job Summary:

• Adequately handle the account department, prepare financial reports and yearly operating budget to aid management decision making and ensure compliance with regulatory standards.
• Oversee reconciliation of bank account statements.
• Maintain accurate and up-to-date financial records and accounts for the company
• Oversee the maintenance of the fixed asset records and ensure proper accounting for fixed assets.

Key Duties and Responsibilities:

• Preparation of monthly financial reports quarterly, half yearly and yearly financial and budgeting reports of the institute
• Provide supervisory roles to all Finance team members
• Reversal and corrections of wrong postings and entries
• Posting period Journals (Provisions, Accruals & salary Journals)
• Post lifting bonus Accrued for the Month – while approval process is on. And posting actual bonus and rebate approved
• Review Prepayment Schedule and post Recurring JVs on all Prepayment Balances. Ensure that new Prepayments are updated on Excel Prepayment Schedule.
• Ensure that all previous provision & accrual are still relevant while those already settled are released.
• Post recurring entries (each entity should have list of recurring entries
• Prepare SFP analysis (Vendor, Debtor age analysis & Related Party Transactions)
• Preparation of balance sheet notes
• Any other duties that may be assigned
•  Review of accounts in general looking out for reasonableness of figures produced by the system (SAP)
• Make accruals for all services received but not invoiced
• Review & Reconcile Payroll Summary Report to the GL Accounts.  • Prepare & Submit Comments on the Net Income Statements for Review
• Any other duties that may be assigned.

Education & Experience:

• Bachelor’s degree or its equivalent in Accounting, Finance, Economics or other related discipline.
• Working knowledge/ experience in the use of financial systems including QUICKBOOK SAGE, TALLY, SAP, etc.
• Relevant professional certification (e.g. ACA, ACCA, CIMA,)
• Minimum of Ten (10) years relevant work experience.
• Good understanding of micro and macroeconomic indices and their impact on the cement business.
• Intermediate to advanced knowledge of FIRS, finance best practices and other applicable reporting and accounting standards.

Skills & Competence

• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
• Proven experience in planning, budgeting and forecasting activities.
• Very sound business acumen – financial and commercial knowledge.
• Strong communication and presentation skills.
• Good leadership and people management skills.
• Strong problem-solving skills.
• High ethical standards and integrity.
• Ability to manage multiple priorities.

We expect applications and CVs to come from applicants living in any of these areas in Lagos: Lagos Island, Ikoyi, Victoria Island, Lekki and Ajah axis.

Successful candidates must be ready to resume immediately.