Senior Accountant at Salpha Energy Limited

⏲ Oct 26, 2021, 12:40 AM
⋕ View all Accounting & Auditing jobs
⌂ See more jobs at Salpha Energy Limited

Salpha Energy is a social, for-profit business that designs, distributes, solar-powered home energy products, with an underserved population in mind: the 1.3 billion global consumers for whom the old-fashioned electrical grid is either unavailable or too expensive.

We are recruiting to fill the position below:

Job Title: Senior Accountant

Location: Festac Town, Lagos
Employment Type: Full-time

Responsibilities

Strategy, Planning and Management:

To act as Senior Accountant and strategic business partner to senior executive leadership team.
To assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
Involve in process to recruit, interview and hire finance, accounting and payroll staff as required.
Serve as a key member of executive leadership team and round table discussion panel.
Participate in pivotal decisions as they relate to strategic initiatives and operational models.
Interact with and bring department into line with Executive Leadership Team, initiatives and recommendations.
Implement policies, procedures and processes as deemed appropriate by senior leadership team.
Provide insight and recommendations to both short-term and long-term growth plan of organization.
Identify, acquire and implement systems and software to provide critical financial and operational information.
Evaluate departments and make suggestions for automating processes and increasing working efficiency.
Communicate, engage and interact with the Executive Leadership Team.
Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.

Financial Analysis, Budgeting and Forecasting:

Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division/unit and weekly cash flow by division / unit.
Review and analyze monthly financial results and provide recommendations.
Develop metrics for reviewing and interpreting financial performance such as financial ratios, KPI, KRI, KGI etc.
Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
Develop and maintain monthly operating budget and annual company operating budget.
Manage financial planning and analysis department.
Supervise creation of reports, software implementation and tools for budgeting and forecasting.
Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software.
Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
Enhance and implement financial and accounting systems, processes, tools and control systems
Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
Coordinate and strategize methods used to attain team goals with treasury manager, unit accountants, internal auditor, head of finance, etc.
Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
Review and ensure application of appropriate internal controls, compliance and financial procedures.
Ensure timeliness and accuracy of financial and management reporting data for company’s board of directors.
Oversee the preparation and communication of weekly, monthly, quarterly and annual financial statements.
Oversee the preparation and timely filing of all local, state and federal tax returns.
Ensure compliance regarding all financial functions.
Work with Human Resources to ensure appropriate legal compliance.

Financial Management:

Manage cash flow planning process and ensure funds availability.
Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.
Oversee cash, investments and asset management area.
Explore new investment opportunities and provide recommendations on potential returns and risks.

Financial Relations and Policies:

Engage with finance committee and/or board of directors to develop short term and long term plans, projections and budgets.
Represent company in banks, financial partners, institutions, investors, public auditors and officials.
Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management:

Mentor and develop a team of senior managers, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
Guide larger, cross-unit teams outside of direct span of control within the main Group.

Cash Management:

Oversee weekly cash management, approve low/large payables.
Oversee activities of treasury managers.
Supervise Accounts Receivable management and provide guidance relating to the collection process.

Job Requirements / Specifications

Bachelor's Degree in Accounting or Finance.
6 years minimum experience as a Senior Accountant
14+ years total accounting or finance post qualification experience.
Background coordinating with I.T. staff to manage and/or upgrade accounting system. Systems implementation experience strongly preferred.
"Hands On" - Sage Evolution, experience preferred.
Outstanding communication and presentation skills.
Demonstrated leadership ability, confidence and executive presence – ability to motivate staff.
Excellent analytical, reasoning and problem-solving skills.
Significant experience working with external auditors, internal controls and compliance-related issues.
Must be a Chartered Accountant.
MBA from top business school preferred.
Strong background in Accounting.
Possession of CFE, CISA, CFAN professional certifications as added advantage.
Outstanding knowledge and understanding of IFRS, FIRS, compliance and regulatory reporting.