Assistant Accountant at Padua Petroleum Nigeria Limited (PPNL)

Location: Lekki, Lagos

Duties and Responsibilities

• Managing day-to-day accounting transactions as supervised by the Senior Accountant.
• Ensure timely preparation and submission of VAT and other tax returns at the Regulatory bodies.
• Preparation and submission of invoices to Clients for services rendered and follow up on payments.
• Oversee the collection, deposit, and reconciliation of bank funds and accounts as supervised by the Senior Accountant.
• Prepares and keep records of assets, liability, revenue, and expenses entries by compiling and analyzing account information.
• Ensures that all expenses are supported by a completed Payment Voucher upon request.
• Auditing financial information.
• Recording office expenditures and ensuring those expenses are within the set budget.
• Assisting the Senior Accountant in the management of PPNL and Subsidiaries account.
• Payment and filing of Sales Tax (VAT) per expenditure Vouchers for approval.
• Processing of other related payments to vendors and contractors.
• Assists the Senior Accountant in the development and maintenance of sound financial control across the company operation.
• Assist the Senior Accountant in the preparation of annual budgets and income-expenditure accounts.
• Collaborate with accounts and finance manager to ensure smooth running of an organization’s accounts department
• Oversees Account Payables and Receivables under the supervision of the Senior Accountant.
• Payment of various company utility bills and sundry expenses to the relevant agency at the appropriate time and ensure it is well documented.
• Management of Company inventory and stock items.
• Follow up on payment of invoices as per agreement with Clients, Contractors, JV Partners, Vendors
• Assists with financial and tax audits (provide financial source documents and other relevant information to external Auditor to aid the audit process).
• Carries out other duties as may be assigned by the Senior Accountant.

Key Performance Indicators

• Keen attention to details
• Turnaround time in preparation and submission of Invoices to clients.
• Low Vendor Expenses Rate
• 100% performance in external audit examinations
• Zero non-compliant cases raised by the regulatory bodies.
• Effective and Efficient Inventory Stock Management.

Education and/or Work Experience Requirements / Skills

• Bachelor's Degree or HND in Accounting or any Finance related field.
• 2 to 5 years hands on experience in similar position.
• ICAN/ATS Certification will be an added advantage.
• Should have a proven experience as an Assistant Accountant or Junior Accountant.
• Thorough knowledge of basic accounting procedures.
• Knowledge of finance, accounting, budgeting and cost control principles.
• In-depth understanding of the company’s business.
• Ability to analyze financial data and prepare financial reports, statements and projections.
• Ability to handle financial information with discretion and confidentiality
• Experience with general ledger functions and the month-end/year-end close process.
• Advanced MS Excel skills including VLOOKUP and pivot tables is desirable.
• Accuracy and attention to detail.
• Aptitude for numbers and quantitative skills is a MUST.
• Excellent communications and presentation skills.
• Must be proficient in Micro soft office suites such as Word, Excel, PowerPoint etc.