Accountant at International Facilities Services (IFS) Group

⏲ Aug 4, 2024, 9:41 PM
⋕ View all Accounting & Auditing jobs
⌂ See more jobs at International Facilities Services Limited

International Facilities Services (IFS) Group, a Cleaning and Facility Management company, is currently recruiting suitable candidates to fill the position below:

Job Title: Accountant

Location: Lagos
Employment Type: Full-time

Job Description

We are in need of a Financial Accountant to provide Financial Accounting and Financial Reporting, Payroll Management, Inventory Management, Procurement, and Accounts Payable Management, Accounts Receivable and Credit Control, Banking and Financing

Responsibilities

Financial Accounting
Ensure daily posting of all payment vouchers raised and proper classifications of expenses
Ensure daily posting of receipts, PO, and all other primary source documents
Enforce daily petty cash report and posting
Enforce weekly reporting on receipts and posting
Enforce weekly posting and report of invoices
Enforce acknowledged invoice report
Ensure weekly schedule of cheques raised and cash collected.
Ensure weekly and monthly report of payables
Enforce weekly job order report
Establish genuine fixed asset report and generate reports monthly, quarterly and annually
Ensure adequate inventory management and regular stock counts at least once a month.
For Branch and Projects Accounts:

Weekly Reports:

Report on cash and cheques lodged into accounts
Report on payment vouchers raised with supporting documents
Petty cash report
Invoice schedule for one off jobs.

Monthly Reports:

Invoice schedule raised
Schedule of receivables outstanding
List of payments by clients
Stock reports within / outflow and balances
Monthly branch audit and stock counts
Updating and reporting month-on-month variations on payroll
Generating weekly Accounts Receivables Schedule
Generating weekly Accounts Payable Schedule
Inventory Management; Stock Counts are conducted monthly
Weekly Cashbook – Summary Scheduling

Financial Reporting:

Ensure timely financial and statistical reports for management and board use.
Ensure integrity of GL
Generate monthly, quarterly and annual P&L report
Generate monthly, quarterly and annual balance sheet
Generate reconciliation of bank statements
Generate and post monthly adjustments
Update and reconcile intercompany account

Payroll Management:

Ensure the deployment and monitoring of attendance using TAMS or other electronic or manual means available for the preparation of payroll
Ensure timely and accurate preparation of payroll on or before the 25th day of every month
Ensure the timely payment of staff wages and salaries and communication of pay slips from tally or other approved applications to all operational staff

Inventory Management:

Establish and ensure a neat organized central store
Establish and conduct monthly stock counting procedures
Establish reorder levels.
Establish and monitor stock and inventory at all locations
Establish bin cards and ensure keep update of all items available

Procurement and Accounts Payables Management:

Establish an organized procurement process
Establish re-ordering levels for all items
Establish three optional sources for each item with address and telephone numbers clearly indicated and maintain a database of approved vendors whether suppliers or open market.
Establish and maintain purchasing pattern for optimal stocking
Establish a price list of all items

Job Requirements