Financial Controller at PricewaterhouseCoopers (PwC)

Reference Number: 130-PEO01100
Location: Lagos
Department: People & Change Nigeria
Job type: Permanent

Job Purpose

• The Financial Controller will be responsible for managing and coordinating all financial activities for controlling and reporting.
• This individual will supervise and is responsible for the correct application of the company’s accounting principles; application of local statutory and fiscal accounting and reporting requirements as well as proper and timely follow-up of remarks made by internal and external auditors.

Objectives
The key objectives of this role are to ensure that:

• All vendor master data are accurate
• All customer master data are accurate
• All sub-ledgers are reconciled monthly
• All packed documents on SAP are reviewed and released appropriately
• All financial reports are accurate and timely

Duties and Responsibilities
The Financial Controller will carry out the following functions:

Account Payable Approval:

• Creation/approval of Vendor accounts
• Release of Purchase Orders N10m and above
• Approval of vendor invoices and other requests for payment
• Review and approval of payroll and other statutory payments
• Authorization of cheques and direct transfers

Review and approval of Monthly Reconciliation of all sub-ledgers:
Review and approval of:

• Monthly Bank Reconciliation
• Monthly Assets Under Construction
• Monthly Investment Property Reconciliation
• Quarterly Customer Account Reconciliation
• Quarterly Vendor Account Reconciliation

Period End Journals:

• Review and approval of monthly journals for the following:
  • Property Plan and Equipment
  • Investment Property
  • Amortization of Prepayment
  • Liaise with the Finance Team in the timely booking of transactions as well as clearance of reconciling items
  • Provide critical input for technical accounting and policy guidelines on the reporting of balances in the financial statements

Prepare Financial Statements and Reports:

• Prepare monthly Management Reports including variance analysis
• Prepare consolidated Financial Statements
• Prepare Board Report and Explanatory Notes
• Prepare Risk and Governance Report
• Prepare Audit Committee Report
• Prepare monthly Group Reports
• Prepare Annual Budget

Requirements
Qualification & Experience:

• Minimum of a Bachelor’s degree or HND in Accounting, Finance or any related field
• Minimum of twelve (12) years relevant experience, with at least five (5) years in Management role
• Relevant MBA or Master’s Degree in Finance is an added advantage
• ACCA, ICAN or equivalent qualification

Skills & Competencies:

• Good understanding of IFRS and ability to apply them appropriately
• Demonstrated competences for accuracy, attention to detail, and integrity
• Very good computer skills including proficiency in SAP and Excel
• Ability to clarify and resolve accounting issues
• Good team player with excellent leadership and people management skills
• Ability to communicate effectively in English (Oral and Written)