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Mid Level Accountant

Financial Accountant

JOB TITLE: Financial Accountant

JOB TYPE: Full Time

YEARS OF EXPERIENCE: 5-7 Years

LOCATION:

Island, Lagos  An Oil and Gas servicing company located on Victoria Island is currently seeking to grow its team by hiring a Financial Accountant.

JOB RESPONSIBILITIES Treasury:

JOB TITLE: Financial Accountant

JOB TYPE: Full Time 

YEARS OF EXPERIENCE: 5-7 Years

LOCATION: Victoria Island, Lagos

An Oil and Gas servicing company located on Victoria Island is currently seeking to grow its team by hiring a Financial Accountant.

JOB RESPONSIBILITIES

Treasury:

• Maintain stewardship for financial assets and debt, including being in charge of cash management, debt management, and investment management functions of the organization and its affiliated entities.

• Develop and implement daily, monthly, and quarterly cash forecasting models.

• Present revised financial forecasts based on actual spending and the organization’s financial position.

• Responsible for financial investments and capital growth

• Advise on the organization’s reserves and investment policy

• Research and recommend financing alternatives, analyze options and provide recommendations to the Management.

• Structuring debt arrangements with lenders, Managing corporate investments, and Monitoring cash flow.

• Ensures the maintenance of corporate liquidity and financial stability.

Tax:

• Liaise with Tax Authorities, Auditors, and other Regulatory bodies as regards preparation and filing of the Audited Financials and other Tax related matters.

• Ensuring prompt remittance and various statutory deductions i.e. VAT, PAYE, CIT, Pension Fund, etc.

Financial accounting:

• Preparing Financial statements in line with the IFRS standards.

• Responsible for Asset and Liability Management.

• Preparing and Maintaining balance sheet schedules, ledgers, profit and loss statements, monthly and yearly financial statements, and other reports

• Carrying out monthly bank account closing and analysis.

  • Carry out bank reconciliation analysis and account audit

• Liaise with Bank on Transaction rates and Foreign Translation rates.

• Payroll administration and preparation of monthly sales reports for analysis.

• Developing and consolidating the departmental and organization’s budget.

• Periodic audit of departmental processes.

• Monitoring compliance in line with accepted accounting principles and company procedures.

• Developing, maintaining, and implementing financial internal controls, policies, and procedures.

JOB REQUIREMENTS

• Knowledge of capital markets, accounting, and business finance 

• First Class grade, minimum 2:1 in BSc in Accounting or related discipline

• 5 -7 years of relevant experience. Experience working in the Oil and Gas industry will be an added advantage.

• Accounting certification is required (ICAN, ACCA, ACA). Candidates’ in-view will be considered.

• Strong experience/knowledge in Financial Reporting, Taxation, and IFRS is required.

• Strong financial acumen and analytical skills.

• Business acumen with a problem-solving attitude.Maintain stewardship for financial assets and debt, including being in charge of cash management, debt management, and investment management functions of the organization and its affiliated entities.

• Develop and implement daily, monthly, and quarterly cash forecasting models.

• Present revised financial forecasts based on actual spending and the organization’s financial position.

• Responsible for financial investments and capital growth

• Advise on the organization’s reserves and investment policy 

• Research and recommend financing alternatives, analyze options and provide recommendations to the Management.

• Structuring debt arrangements with lenders, Managing corporate investments, and Monitoring cash flow.

• Ensures the maintenance of corporate liquidity and financial stability.

Tax:

  • Liaise with Tax Authorities, Auditors, and other Regulatory bodies as regards preparation and filing of the Audited Financials and other Tax related matters.

• Ensuring prompt remittance and various statutory deductions i.e. VAT, PAYE, CIT, Pension Fund, etc. Financial accounting:

• Preparing Financial statements in line with the IFRS standards.

• Responsible for Asset and Liability Management.

• Preparing and Maintaining balance sheet schedules, ledgers, profit and loss statements, monthly and yearly financial statements, and other reports 

• Carrying out monthly bank account closing and analysis. 

• Carry out bank reconciliation analysis and account audit 

• Liaise with Bank on Transaction rates and Foreign Translation rates.

• Payroll administration and preparation of monthly sales reports for analysis. • Developing and consolidating the departmental and organization’s budget. • Periodic audit of departmental processes.

• Monitoring compliance in line with accepted accounting principles and company procedures.

• Developing, maintaining, and implementing financial internal controls, policies, and procedures.

JOB REQUIREMENTS

• Knowledge of capital markets, accounting, and business finance

• First Class grade, minimum 2:1 in BSc in Accounting or related discipline

• 5 -7 years of relevant experience. Experience working in the Oil and Gas industry will be an added advantage.

• Accounting certification is required (ICAN, ACCA, ACA). Candidates’ in-view will be considered.

• Strong experience/knowledge in Financial Reporting, Taxation, and IFRS is required.

• Strong financial acumen and analytical skills.

• Business acumen with a problem-solving attitude.

METHOD OF APPLICATION  Interested and qualified candidates should send both CV & Passport Photograph to ogl.recruiter@gmail.com using “Financial Accountant” as the subject of the email.

APPLICATION DEADLINE  30th September 2022.

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