Chief Accountant at WTS Energy

Job number: WTSOA25323

About the Job

• Responsible for the preparation and validation of all financial reports. All laws and regulations must be followed precisely when preparing these reports.
• Also Responsible for conducting Audits or supporting external audits to stay updated on all of the financial activity to ensure finances are in order

Job Description

• Assisting the CFO to develop and update Accounting, financial and management policies and procedures in accordance with IFRS.
• Coordinate the Account Department activities and manage team effort
• Implementing the accounting/financial and management policies using SAGE and to produce the monthly and quarterly management accounts 15th working day of the month following the Accounting period.
• Reconcile control accounts and sorting out the discrepancies and making recommendations to CFO
• Review transactions codes to ensure correctness of general ledgers classification
• Prepare monthly management financial statements and information relevant for performance measurement, including financial analysis.
• Prepare monthly loan analysis, survey of monthly schedules and ensure that interest charged o account is in line with applicable offer letter
• Prepare annual final financial statements in compliance with IFRS and Regulations
• Liaise with external auditors on final audit and carryout pre audit of books, record and accounts
• Review and update controls in sage accounting software
• Review all financial postings in SAGE and update the chart of accounts
• Review Bank Reconciliation by 10th of succeeding month
• Prepare Petroleum Profit Tax and other Tax Returns
• Supervise Tax issues to ensure compliance with tax returns and remittance of PPT, VAT, WHT, PAYE etc
• Liaise with NEITI consultants to prepare NEITI reports
• Review bank / loan reconciliation statements
• Develop reports and summaries of the business financial position and performance in areas of income expenses, capital usage, liabilities and assets utilization for CFO’s use
• Prepare year-end statutory accounts, tax returns, asset registers and schedules
• Manage intercompany processes and prepare financial statements for the associated companies
• Recommend, implement and update accounting and finance’s policies and procedures in accordance with IFRS, regulations and SAGE Evolution software (7)
• Other tasks as may be assigned by the management