Account Executives (Shagamu and Sango Ota) at Ascentech Services Limited

Job Summary

• As an Executive for the Accounts Department in our manufacturing company, you'll manage all financial activities, ensuring accuracy and compliance.
• You'll oversee daily accounting operations, inventory and cost accounting, and prepare financial statements. You'll assist in budgeting and forecasting, comply with accounting standards, and work with external auditors.
• Your role will include financial analysis for strategic decisions, enhancing accounting systems, and mentoring junior staff. A strong understanding of cost accounting, analytical abilities, and collaborative skills are essential.

Primary Duties and Responsibilities

• Manage day-to-day accounting operations, including payroll, accounts payable, accounts receivable, and general ledger.
• Ensure accurate and timely recording of financial transactions related to our manufacturing and sales activities in the ERP/SAP general ledger daily.
• Prepare and analyze monthly and annual financial statements, including profit and loss accounts, balance sheets, and cash flow statements.
• Coordinate with the production and sales departments to gather financial data and ensure accurate cost accounting and reporting.
• Following up with the stakeholders to settle the IOU and update the ERP system.
• Comply with relevant accounting standards, regulations, and company policies, implementing changes as required.
• Collaborate with external auditors during audits, providing necessary documentation and support.
• Assist in the development and implementation of accounting systems and procedures to enhance efficiency and accuracy.
• Mentor and guide junior accounting staff, providing training, support, and performance feedback as needed.

Secondary Duties and Responsibilities:

• Oversee inventory and cost accounting, understanding the financial impact of production processes and pricing strategies.
• Assist in the preparation of annual budgets, forecasts, and financial plans, providing inputs based on manufacturing cost trends and sales projections.
• Monitor and analyze budgetary control reports, identifying variances and implementing corrective actions.
• Contribute to strategic decision-making with data-driven financial analysis and insights.

Requirements

• Bachelor's Degree in Accounting, Finance, or a related field.
• A professional certification such as CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) is highly desirable.
• Proven experience in a similar role, preferably in a manufacturing industry, with a strong understanding of cost accounting.
• Excellent analytical skills with the ability to interpret complex financial data and provide insights.
• Outstanding attention to detail, with a focus on maintaining data integrity.
• Solid understanding of regulatory requirements and compliance in financial reporting.
• Ability to multitask, prioritize work, and meet deadlines in a fast-paced environment.
• Effective communication and interpersonal skills, with the ability to collaborate and build relationships across departments.
• Proficiency in using accounting software and financial management systems. Experience with SAP or any ERP preferable Tally ERP
• Demonstrated leadership qualities with the ability to mentor and develop junior team members.
• Strong problem-solving skills and a proactive approach to identifying and resolving issues.