Financial Accountant at Promasidor

⏲ Oct 24, 2024, 2:06 PM
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Promasidor - We are an African company proud of our heritage and totally committed to the continent. We manufacture, market and sell unique brands which bring practicality and pleasure to millions of consumers across Africa.

We are recruiting to fill the position below:

Job Title: Financial Accountant

Location: Lagos
Job Type: Full Time

Job Objectives

Responsible for playing a critical role in ensuring the accuracy and integrity of financial data for PNG and IDF.
Ensuing financial statements for PNG and IDF are prepared in compliance with accounting standards such as IFRS, maintaining the accurate general ledger, and recording all financial transactions to ensure the timely and accurate reflection of the PNG and IDF financial position.
Responsible for ICOFR implementation and sustainability.

Key Responsibilities

Preparation of all Monthly, Quarterly and Annual Financials Statements, including all statutory reporting
Responds to financial inquiries by gathering, analyzing, summarizing, and interpreting data.
Provides financial advice by studying operational issues, applying financial principles and practices, developing recommendations for improvement.
Authorization of booking of accounting entries in the P&L and the Trial Balance in line with the authority limits.
Authorization of opening of relevant P & L and Trial Balance Account codes and aligning same to ensure that the P & L structure is in line with accepted standard by the PNG group account.
Ensuring that the Company’s Authority Limits are always adhered to
Review of payments in line with the company’s authority limits.
Management of the company’s accounts receivables through the credit control manager, ensuring that the company’s credit policies are always strictly adhered to.
Responsible for effective balance sheet management
Review of all items of payments to ensure that relevant taxes are deducted in linewith the relevant tax laws.
Monthly review of P&L account and Trial Balance items to ensure correctness.
Review of schedules of balances in both statements.
Review reconciliations to all accounts in the General Ledger relating to functions in the section and take responsibility for related flash reports
Monthly review of staff debtors’ position towards ensuring that cash and tour advances are retired on-time in line with company’s policies.
Be responsible for end-to-end controls of IDF operations and accounting
Lead Internal Control Over Financial Reporting (ICOFR) of the business, train and ensure sustainability across the business
Supervision and training subordinates especially in the Financial accounts section
Be highly experienced, efficient and savvy in all applicable standards (both for PNG and IDF).
Assist the Financial Controller to ensure that all audit recommendations are promptly implemented at all levels of management and taking proactive steps to close issues that may lead to audit exceptions.
Identify controllable expenses and advise on areas of cost control/reduction to enhance company profitability.