Administration and FinanceJobs

Financial Accountant at INITS Limited

Location: Lagos

About the job

  • Develop and implement financial responsibility plans aligned with organizational strategy
  • Ensure timely and accurate completion of the month-end accounting process
  • Coordinate and process various financial, administrative, and operational forms and reports
  • Maintain up-to-date financial records, ensuring the accuracy of transactions and changes
  • Participate in financial audits and provide necessary documentation
  • Prepare balance sheets, and invoices, and handle client financial interactions
  • Drive financial efficiency and cost-saving culture across all business areas
  • Proactively identify and implement financial solutions to improve service levels
  • Provide accurate financial reporting to Management, ensuring compliance with statutory requirements
  • Establish standards and procedures for internal and third-party payments
  • Review and recommend internal financial requests for management approval
  • Organize and maintain electronic filing of invoices
  • Track invoices from receipt to final payment, ensuring reconciliation with vendors
  • Ensure compliance with company policies, procedures, and regulatory requirements
  • Maintain accurate records on accounts receivable and payable
  • Manage monthly deduction and remittance of statutory payments (PAYE, WHT, Pension, VAT)
  • Handle annual company tax returns and monthly bank statement reconciliation
  • Conduct vendor reconciliation and analyze industry trends for improvement opportunities
  • Perform quarterly budget analysis, comparing forecast to actual spending
  • Create and implement financial policies to enhance operational efficiency
  • Ensure compliance with corporate policies, internal controls, and accounting standards
  • Understand cost drivers for accurate budgeting and forecasting
  • Liaise with Human Resources, Outsourcing, and Admin/Operations on relevant business activities
  • Participate in functions or career development training aligned with the accounting profession

Requirements

  • Bachelor’s degree in Accounting, Finance, Business, a related field, or equivalent practical experience
  • 4-5 years of accounting practice and/or industry experience
  • Experience with International financial reporting standards
  • ACA/ACCA or Equivalent is required
  • Strong working knowledge of Accounting software, microsoft and google Office suites
  • High-energy, self-motivated, team player with a desire to excel in demanding and fast paced detailed oriented environment
  • Ability to adapt quickly, work independently, take ownership, and work in a flexible team environment
  • Good understanding of Tax compliance
  • Ability to influence various stakeholders without formal authority
  • Ability and willingness to meet business critical deadlines
  • Ability to work independently and be responsible to follow up on action items
  • Excellent verbal, interpersonal and written communication skills
  • Strong analytical, problem-solving and decision-making capabilities
  • Team player with the ability to work in a fast-paced environment
  • Ability to work with all levels of internal staff as well as outside clients and vendors

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