Financial Accountant at The Large House

Job Description

• The accountant would be responsible for maintaining accurate financial records, preparing financial statements, and ensuring compliance with accounting principles and regulations.
• This role involves analyzing financial data, reconciling accounts, and providing valuable insights to support informed decision-making within the organization.

Key Responsibilities
Financial Record Keeping:

• Maintain accurate and up-to-date financial records, including general ledgers, journals, fixed asset register and subsidiary accounts.
• Record financial transactions and ensure proper documentation for all financial activities.
• Ensuring payment vouchers are raised and duly signed.

Financial Reporting:

• Prepare management accounts including statement of financial position, income statements, and cash flow statement.
• Generate various financial reports for management, and other stakeholders.

Budgeting and Forecasting:

• Assist in the development of budgets and financial forecasts.
• Monitor budget performance and provide analysis of variances.

Reconciliation:

• Reconcile bank statements, accounts payable and accounts receivable balances, and other financial records.
• Identify discrepancies and resolve issues in a timely manner.

Tax Accounting:

• Taxation of payroll including preparation and filing of related tax returns
• Transaction taxes including preparation and filing of related taxes.
• Stay updated on tax regulations and ensure compliance with relevant laws.
• Collaborate with the Tax consultants in addressing all tax related matters.

Auditing and Internal Controls:

• Collaborate with the internal auditors in ensuring internal control procedures are not compromised.
• Contribute to the development and implementation of internal control procedures.
• Assist in external audits by providing necessary documentation and explanations.

Financial Analysis:

• Analyze financial data to identify trends, opportunities, and areas for improvement.
• Provide insights and recommendations to support strategic decision-making.

Expense Management:

• Review and process expense reports, ensuring adherence to company policies.
• Monitor spending patterns and advise on cost-saving measures.

Compliance and Regulations:

• Stay current with accounting standards, regulations, and best practices.
• Ensure accurate and timely compliance with financial reporting requirements.
• Collaborate with the external auditors during statutory audits

Qualifications

• BSc / HND in Accounting, Finance, or a related field; ICAN or similar certification is a plus.
• 4 - 6 years proven experience as an accountant, preferably in a corporate setting is a strong advantage.
• Proficiency in accounting software(SAGE) and Microsoft Excel.
• Strong knowledge of accounting principles, financial reporting, and taxation.
• Analytical mindset and attention to detail.
• Excellent organizational and time-management skills.
• Effective communication and teamwork abilities.
• Problem-solving skills and a proactive approach to challenges.

Additional Information:

• Years of relevant work experience is an additional advantage.
• Possess excellent communication & interpersonal skills.
• Strong experience within professional scales and possess the ability to prospect and manage senior level relationships.
• Good display of soft skill mastery is an added advantage.
• Candidate must be residing in Lagos State.
• May require occasional overtime or flexibility in working hours to accommodate special projects or deadlines.
• May require occasional overtime during peak financial periods or during audits.