Accountant at Oludidit

Role Overview

• The incumbent will ensure accuracy in accounting and compliance with the law.S/he will manage all financial transactions- from fixed payments and variable expenses, to bank deposits and budgets.
• Ultimately, the incumbent is to provide Executive Management, with accurate quantitative information on the financial position, liquidity and cash flows of the business, while ensuring compliance with all tax regulations.

Job Duties / Responsibilities / Accountabilities

• Work in tandem will all departments and relevant stakeholders, to prepare the yearly budget for the new business year
• Monitor company expenditure- CAPEX and OPEX, against yearly budget
• Reconcile accounts payable and receivable, ensuring timely bank payments are made
• Compute taxes and prepare tax returns promptly, and as scheduled.
• Manage balance sheets and profit/loss statements
• Report on the company’s financial health and liquidity, sending in quarterly financial reports to Executive Management
• Reinforce financial data confidentiality and conduct database backups when necessary
• Comply with corporate financial policies and regulations, ensuring business regulatory compliance
• Gather financial data and ledgers, and consolidate and analyze financial statements and results
• Develop and execute accounting policies and procedures, aligned with the company’s targets
• Handle monthly, quarterly and annual closings.
• Oversee external and internal audits, and review payroll data.
• Analyze the company’s finances, to determine/avoid/mitigate risks
• Forecast potential revenue streams for the business
• Review business plans from the production and sales departments, advising on and resolving cost-related issues
• Review daily transactions, including accounts payable/receivable, general ledger and bank reconciliations
• Organize financial data into useable information and maintain updated records
• Track the progress of financial and accounting objectives

Professional Requirements

• Bachelor's Degree in Finance, Accounting or Economics
• ICAN/ACCA required
• Minimum of 4 years relevant experience.
• Preferably with at least a year in a supervisory/mid-level management position
• Proficient use of MS Excel is required/ Advanced knowledge and experience with spreadsheets

Key Competencies / Skills:

• Experience with an accounting software would be an added advantage
• Excellent understanding of Generally Accepted Accounting Principles (GAAP)
• Ability to work independently
• Project management and analytical skills
• Attention to detail.