JOB DESCRIPTION
Finance and Accounts Department
Job Title: Financial Reporting Accountant
Department: Finance and Accounts
Reports To: Chief Financial Officer
Job Purpose
The Financial Reporting Accountant is responsible for managing and maintaining the general ledger accounts of Charlvon, ensuring the accuracy and integrity of financial records. This role will be instrumental in ensuring timely and accurate financial reporting, compliance with accounting standards, and supporting the overall financial health of the organization.
Responsibilities
General Ledger Maintenance:

• Maintain and update the general ledger accounts.
• Ensure accurate and timely recording of all financial transactions.
• Reconcile general ledger accounts, including bank accounts, intercompany accounts, and balance sheet accounts.

Month-End, Quarter-End, and Year-End Close:

• Prepare and post journal entries for accruals, adjustments, and reclassifications.
• Perform account reconciliations and resolve discrepancies.
• Ensure the financial close process is completed on time and accurately.

Financial Reporting:

• Prepare and review trial balances.
• Assist in the preparation of financial statements, including balance sheets, income statements, and cash flow statements.
• Generate management and ad-hoc financial reports.

Compliance and Audit Support:

• Ensure adherence to accounting standards (IFRS) and company policies.
• Prepare documentation and schedules for internal and external audits.
• Address audit findings and implement corrective actions.

Reconciliations and Analysis:

• Conduct reconciliations for fixed assets, prepaid expenses, accrued liabilities, and other key accounts.
• Analyze financial data for accuracy and identify trends or anomalies.
• Investigate and resolve discrepancies between sub-ledgers and the general ledger.

Process Improvement:

• Identify inefficiencies in accounting processes and recommend improvements.
• Participate in the implementation of new accounting systems or software (e.g., SAGE ERP).
• Streamline workflows to enhance accuracy and efficiency.

Tax and Regulatory Compliance:

• Assist with tax and regulatory reporting as needed.
• Ensure accurate recording of statutory deductions (e.g., VAT, WHT, NCDF, PAYE, Pension, etc.).

Fixed Asset Module Maintenance:

• Manage asset acquisition and capitalization.
• Oversee asset depreciation and amortization.
• Handle asset impairment and disposal.
• Ensure accurate financial reporting and compliance related to fixed assets.
• Conduct reconciliations and analysis of fixed asset accounts.

Academic & Professional Specifications

• Bachelor's degree in accounting, Finance, or a related field.
• Professional accounting qualification e.g. Associate/ member of the Institute of Chartered Accountants of Nigeria (ICAN), ACCA is preferred.

Minimum of 7 years in a similar role and at least 2 years in a leadership position.
Key Skills & Competencies

• Strong understanding of accounting principles (IFRS) and financial reporting standards.
• Proficiency in using accounting software, particularly SAGE ERP.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills.
• Excellent communication and interpersonal skills.

Person Specification

• Strong understanding of accounting principles (IFRS)
• Proficiency in using accounting software, especially SAGE ERP
• Advanced Excel skills
• Knowledge of tax laws and regulations
• Strong analytical and problem-solving skills
• Attention to detail and accuracy
• Excellent organizational and time management skills
• Effective communication and interpersonal skills
• Ability to work independently and as part of a team
• Proactive and innovative approach to problem-solving
• Strong leadership skills
• Excellent team player

Key Performance Metrics
Key Performance Indicators
Financial Reporting

• Accuracy and timeliness of financial statements
• Adherence to accounting standards and internal controls
• Effective analysis of financial data and insights provided

Operational Efficiency

• Timely completion of month-end, quarter-end, and year-end close processes
• Successful implementation of process improvements
• Effective management of fixed asset records

Compliance

• Adherence to tax and regulatory requirements
• Successful completion of audits with minimal findings

Teamwork and Collaboration

• Effective collaboration with team members and other departments
• Positive and supportive team attitude
• Ability to work effectively under pressure and meet deadlines

Process improvement

• Identification of inefficiencies in current processes
• Development and implementation of solutions to improve efficiency
• Successful implementation of new systems or software
• Reduction in processing time for key tasks
• Cost savings achieved through process improvements

Leadership

• Effective collaboration with team members and other departments
• Positive and supportive team attitude
• Ability to mentor and guide junior team members
• Strong leadership skills in driving projects and initiatives
• Ability to work effectively under pressure and meet deadlines

Industry

• Oil and Gas

Employment Type
Full-time
Job Type: Full-time
Application Deadline: 09/12/2024