Accountant at VGL Energy and Power Technology

Job Summary

• The accountant will manage all financial transactions, from fixed assets and receivables to payroll and tax audits.
• The primary goal is to ensure the company maintains accurate financial records, remains profitable, and stays compliant with all statutory regulations.

Key Responsibilities

• Tax Compliance: Compute taxes and prepare tax returns (VAT, WHT, CIT, and PAYE) to ensure timely filing and avoid penalties.
• Budgeting & Forecasting: Assist management in preparing annual budgets and monitoring variances throughout the year.
• Payroll Processing: Coordinate with HR to ensure staff salaries, benefits, and deductions are processed accurately and on time.
• Audit Coordination: Prepare relevant documentation for internal and external audits to ensure a smooth verification process.
• Cost Analysis: Monitor expenses and identify opportunities for cost reduction or improved financial efficiency.
• Financial Reporting: Prepare accurate monthly, quarterly, and annual financial statements (Balance Sheet, Profit & Loss, and Cash Flow).
• Process supplier invoices, track outstanding payments, and prepare vendor payments.
• Record day-to-day financial transactions (e.g., purchases, sales, receipts, payments).
• General Ledger Management: Reconcile accounts payable and receivable, and ensure all bank statements are reconciled on a weekly or monthly basis.
• Collaborate with management to provide financial insights that support business decisions.
• Ensure compliance with tax regulations and manage tax filing and documentation.

Qualification

• B.Sc. or HND in Accounting, Finance, or a related field.
• 0- 1 year experience in an Accounting Role
• Candidates who live within Surulere and its environs are strongly advised to apply

Skills:

• Proficiency in accounting software (e.g., QuickBooks, Xero) and Microsoft Office Suite (especially Excel).
• Strong attention to detail and accuracy.
• Good organizational and time management skills.
• Ability to handle confidential information with integrity.
• Basic knowledge of accounting principles and financial reporting.