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Financial Reporting Officer At Beacongate Limited

Date Posted: 11/Feb/2019
Deadline: Not Specified

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Financial Reporting Officer

Description:

REQUIREMENTS

  • Must have experience with letters of credit, it is an added advantage
  • Minimum of three (3) years’ work experience in the Finance/ Treasury/ Accounts function in a similar organization
  • Minimum of first degree/HND in Finance/ Accounting or any related discipline is required
  • Relevant professional certification from the Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified Chartered Accountants (ACCA)

RESPONSIBILITIES

To provide support in book keeping, capturing of accounting transactions, bank reconciliation, reporting on financial transactions and payroll. Prepares records for remittance of staff related statutory payments i.e. PAYE, Pension, etc.

Department: Finance and Business Support

Location: Ikeja, Lagos

  • Relates effectively with the organisation’s relationships with financial service providers.
  • Processes monthly payrolls in accordance with payroll policies and procedures and within specified payroll timetables and updates all new joiners, changes and leavers records, in accordance with appropriate documentation
  • Document and update records of all fixed assets to ensure assets are properly valued, accounted for and safeguarded
  • Prepares records for remittance of staff related statutory payments i.e. PAYE, Pension, NHF, etc.
  • Processes expense retirement ledgers to ensure proper accountability of all cash advances
  • Assists in the generation of monthly financial reports 
  • Handles all aspects of assigned bookkeeping activities such as journals and nominal ledger administration by updating the accounting application with transactions as they occur
  • Assists the Management Accountant with the preparation of monthly management accounts including review and reconciliation
  • Assists the Accounting & Reporting Lead with analysis and reconciliations to support statutory accounts audit process
  • Prepares monthly payroll to facilitate payment to staff and forwards to Accounting & Reporting Lead for review
  • Implements accounting controls in day-to-day performance of tasks (e.g. confirm the accuracy of general ledger codes on the accounting system)
  • Documents and updates record of all fixed assets to ensure assets are properly valued, accounted for and safeguarded
  • Collates and consolidates financial information from all business units and prepares trial balance

KEY PERFORMANCE MEASURES

Financial Risk Management and Controls

  • Frequency of occurrence of fraud
  • Frequency and impact of controls gaps in accounting procedures
  • Non-compliance to finance policies and procedures

Financial Reporting

  • Timeliness of generating relevant financial reports
  • Accuracy of management reports
  • Sanctions from regulatory authorities arising from late or inaccurate statutory reports

Accounts Management

  • Integrity of physical and electronic accounting information
  • Timely resolution of accounts discrepancies
  • Accuracy in documentation and easy retrieval of financial transaction records

Asset and Fund Management

  • Accuracy of fixed asset records
  • Effective Monitors of income and expenditure
  • Accuracy of ledgers for accounts – Payables, Receivables etc.

Statutory Compliance

  • Number of defaults recorded in payment of Tax, Pension remittance and other statutory payments
  • Ratio of compliance cost to company’s revenue

SKILLS AND COMPETENCIES

  • Financial management, accounting, analysis
  • Financial Reporting
  • Knowledge of effective ageing analysis
  • Knowledge of Accounting systems and standards
  • Knowledge of ERP Accounting application
  • Numerical and analytical skills
  • Problem solving skills
  • Interpersonal
  • Attention to detail
  • Communication (written & verbal)

SALARY RANGE - 80,000 - 100,000

Method of Application

Candidates should send cvs to: [email protected]

Method of Application

Interested and qualified? Click the Apply now button to send your application

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