Accountant at ETC Workforce Services Limited

Job Description

• This role manages and tracks receivables, ensuring timely invoicing and collection as well as monthly reconciliations, addressing discrepancies, and preparing reports for management.

Key Duties and Responsibilities

• Take responsibility for all accounts and finance-related activities within the company
• Keeping records of all payables and ensuring payments are processed accordingly.
• Maintaining accounting ledgers for vendors and ensuring accuracy and Completeness
• Management of Account payables
• Providing support to the Engineering team at large.
• Perform monthly inventory spot check, quarterly inventory reconciliation, review and manage inventory standalone issuance & receipt, inventory adjustments and follow- up on closure of open items.
• Taking commercial responsibility for project analysis.
• Liaising with project officers and managers to optimize project spending.
• Prompt processing of vendors’ payment for goods and services rendered.
• Weekly & Monthly reporting of company's payables with Manager.
• Filing of approved purchase orders attached to the supporting document.
• Assist with the annual inventory count
• Compute, upload and remit WHT
• Review, upload, remit and file the monthly PAYE.
• Review, upload, remit and file the monthly VAT on the FIRS portal.
• Update the Prepayment schedule, calculate and upload monthly prepaid expenses on the ERP.
• Update the Fixed asset schedule, calculate and upload monthly prepaid expenses on the ERP Review the inventory WIP, Raw materials and WIP to ensure accuracy of data.
• Assist with client invoices and other accounts receivable items. Compute, reconcile and update the Finance charge expenses on the ERP Liaise with external auditor for statutory audits
• Review the Journal posting batch to ensure transactions have been posted correctly.
• Assist with the review of tax obligation and other tax related activities.
• Assist with the processing of pioneer status, their financial projection, and prepare their report for audit and tax purpose.
• Assist with the preparation of management accounts.
• Review and update the vendor’s deposit GL / account at intervals.
• Periodic review of the WHT claimable and assist with WHT related matters
• Prepare the loan amortization schedule

Competencies and Qualifications

• Candidates should possess a First Degree in Accounting, Finance, or a related field with a minimum of 4 years’ experience, 1 year in a similar role
• Experience with ERP or financial management software and inventory accounting.
• Strong understanding of tax obligations, accounts receivable management, and compliance
• Strong ability to manage and maintain accurate records of payables, ensuring timely processing and reconciliation.
• Proficient in maintaining accounting ledgers for vendors, managing relationships, and ensuring payment accuracy.
• Skilled in performing inventory checks, reconciliations, and managing inventory adjustments and open items.
• Ability to liaise with project managers and take commercial responsibility for optimizing project expenditures.
• In-depth understanding of tax obligations, including WHT, PAYE, and VAT, ensuring accurate computation and remittance.
• Competent in using ERP systems for updating prepayment schedules, fixed asset schedules, and inventory data.
• Experienced in assisting with statutory audits and ensuring compliance with external auditing requirements.
• Strong capability in preparing management accounts, financial projections, and weekly/monthly reports.
• Meticulous in reviewing journal postings, purchase orders, and financial records to ensure accuracy.
• Effective in working with cross-functional teams, including project managers, the engineering team, and external auditors.