Financial Reporting and Tax Accountant at Agromall Discovery and Extension Services Limited

Department: Operations Department

Purpose

• He/She will be responsible for all tax and financial reporting duties in AgroMall.

Principal Responsibilities
Operational and Technical Responsibilities:

• Produce daily, monthly management reporting and Performance review reports
• Produce daily Balance Sheet and P&L statements and monitor interest accruals and purchase ledge control
• Maintain controls and check on the regulatory database and the extracts from their core banking system
• Aid with the planning, testing and implementation of finance-related projects
• Assist with the preparation and content of Management Accounts/ Performance reports , financial reports for controllers and local management
• Assist with the preparation and completion of all HMRC related returns (Corporation tax, VAT, others)
• Keep up-to-date with accounting standards and communicating their impact
• Provide analysis and variance reports for review by line manager
• Participate in finance-related projects for the continuous improvement of processes and systems
• Prepare and publish timely monthly financial statements for the company
• Ensure quality control over financial transactions and financial reporting
• Coordinate the preparation of the Company’s annual accounts
• Design and recommend measures by which the performance of company will be measured
• Calculate and issue financial and operating metrics
• Manage the production of the annual budget and forecasts
• Prepare tax payments Estimate and track tax returns Complete quarterly and annual tax reports
• Organize and update the company’s tax database and forecast tax predictions to senior managers
• Recommend tax strategies that align with business goals and prepare necessary paperwork for tax payments and returns
• Share financial data with the accounting department Identify tax savings and suggest ways to increase profits
• Follow industry trends and track changes related to taxes Liaise with internal and external auditors
• Calculate variances from the budget and report significant issues to management
• Provide an efficient management cost report system
• Develop and document business processes and accounting policies to maintain and strengthen internal controls
• Provide financial analyses for capital investments, pricing decisions, and contract negotiations
• Coordinate the provision of information to external auditors for the annual audit
• Comply with local, state, and federal government reporting requirements and tax filings
• Responsible for the filing of monthly, quarterly and annual returns to all regulatory bodies
• Research on technical accounting issues for compliance

Leadership accountabilities:

• Demonstrates initiative and role model behavior. Is proactive and works toward supporting an achievement oriented culture and performance excellence
• Displays appropriate behavior and contributes to creating a positive team spirit
• Remains alert to emerging issues and global trends that might benefit t or otherwise impact individual and team’s work;
• Creates regular opportunities for peers, colleagues, partners and stakeholders to contribute toward

Relationship accountability:

• Speaks and writes clearly and concisely by effectively identifying key points relevant to the subject matter;
• Actively listens, shares information, and proposes suggestions and solutions;
• Consults with supervisor/manager to gather his/her views in support of the message to be communicated;
• Expresses his/her views and concerns in an impartial and constructive manner with the intent to resolve issues;
• Seeks guidance from supervisors if they are unclear on whether information can be disclosed, consistent with their obligations with respect to Agency information, as set out in the Agency’s applicable regulations, rules and policies.
• Communicates orally and in writing in a clear, concise and impartial manner. Takes time to listen to and understand the perspectives of others and proposes solutions.

Management accountability:

• Understands personal and team roles, responsibilities and objectives
• Proactively seeks clarification when needed
• Proactively seeks instruction, feedback and coaching to improve performance
• Demonstrates behaviors such as teamwork, knowledge sharing, maintaining relationships
• Recognizes potential road blocks to completing tasks and seeks guidance from Supervisors to address issues.
• Based on formal and informal feedback received, takes action to address areas for growth and improvement
• Expresses encouragement to those who try to develop or who show improvement

Innovative accountabilities:

• Assesses work with critical eye
• Thinks in terms of present problems and issues
• Participates in practical planning of work processes or problem solving
• Analyzes complex technical materials (including data) and makes concise, relevant
• Recommendations
• Contributes reliable production of knowledge services and transactions
• Identifies and addresses potential challenges quickly and develop action plans
• Sees specific opportunities for immediate improvement within own field

Education, Technical Skills, Competences and Working Relationship
Education and Experience:

• HND or BSc. in Accounts, Economics or Business Administration and relevant professional qualifications e.g. ICAN
• Minimum of 4 years cumulative relevant experience with at least four (3) years in Financial Reporting and taxation

Technical Skills:

• Proven track record of working in a Financial Service and working as a Financial Reporting officer
• Account management
• Financial reporting
• Taxation
• Strong understanding of FIRS and LIRS reporting principles
• Proficiency in Microsoft Office applications, such as Excel and PowerPoint
• Ability to manage large sets of data

Competencies:

• Result Orientation/ Drive for results
• Customer focus
• Attention to detail
• Decision making
• Good communication skills (Verbal & Written)
• Numerical/Arithmetical Ability
• Strategic thinking.

Working Relationships:

• This position Financial reporting and taxation accountant reports to the Head of Account