Management Accountant at Jimcol Resources Nigeria Limited

Position Overview:

• As a Management Accountant, you will be responsible for providing financial insights, analysis, and support to aid decision-making and ensure effective financial management within the organization.
• You will play a crucial role in budgeting, forecasting, financial reporting, and strategic planning to optimize financial performance and drive business growth.

Key Responsibilities:

Financial Reporting and Analysis:

• Prepare accurate and timely financial statements, including profit and loss statements, balance sheets, and cash flow statements.
• Analyze financial data, identify trends, variances, and areas for improvement, and provide meaningful insights to senior management.
• Assist in the preparation of management reports, presentations, and board meeting materials.

Budgeting and Forecasting:

• Collaborate with department heads and senior management to develop annual budgets and financial forecasts.
• Monitor actual performance against budgets and forecasts, identify deviations, and provide explanations and recommendations.
• Support the budgeting process by gathering and analyzing financial data, conducting cost analysis, and ensuring budgetary compliance. Cost Analysis and Control:
• Analyze costs across different departments, projects, and operations, identifying areas for cost reduction and efficiency improvement.
• Develop and maintain cost accounting systems and processes to accurately track and allocate expenses.
• Monitor and report on project costs, ensuring adherence to budgetary constraints.

Financial Planning and Strategy:

• Contribute to the development and implementation of financial strategies, policies, and procedures to enhance profitability and operational efficiency.
• Provide financial insights and recommendations to support strategic decision-making.
• Conduct financial modelling, scenario analysis, and feasibility studies for potential investment opportunities. Compliance and Risk Management:
• Ensure compliance with relevant financial regulations, accounting standards, and tax laws.
• Assist in the preparation of audit schedules and liaise with auditors during financial audits.
• Identify and assess financial risks, propose risk mitigation strategies, and establish internal controls.

QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s degree in accounting, Finance or Economics
• MBA or MSc in related discipline will be an added advantage.
• Must be a qualified member of recognized accounting body (ICAN, ACCA,CIMA)
• Good knowledge of Nigerian Tax laws and the application.
• Previous audit experience will be an added advantage.