Management Senior Accountant at Jolly Energy Fleet Limited

Location: Warri, Delta

Job Summary

• The management accountant and finance audit control will beresponsible for supervising daily bookkeeping, accounts payable and receivables, audit end-of-month close, review financial reporting, audit preparation, and other related duties as assigned.
• The associate will work closely with and report to the director of Operations and Finance which will also be subject to work performance evaluation and task deliverables as assigned on the job description by the Human Resources Department.
• The Audit officer in conducting various departmental audits such as Procurement, Accounting, Warehouse Control, Marketing, and Sales. The audits may involve financial, performance, compliance, and output aspects.
• It is a gazette officer position and most of the time will be making decisions at the section level on approval and reporting it to the higher authorities.
• The finance and accounts audit control lead activityworks in link with the Operations and Human Resources to help the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.” management accountant / finance audit control verifies the accuracy of financial statements and tax filings and may search for clues as to why some figures don't quite add up.

Key Responsibilities
Proper Control:

• Ensure stringent control over all the financial activities of the organization.
• Presenting to the management needs assurance of the authenticity of the financial records and the efficiency of the operations of the firm.

Perfect Accounting System:

• Responsible for keeping a very close check on the accounting system of the organization as presented by the company accountant.
• To check everything from the vouchers to the authority of transactions to mathematical accuracy. Ensuring that entries are verified against documents and other proof. Chances of mistakes or frauds should greatly be reduced.

Review of Business:

• Responsible to keep a check on the financial and operational aspects of a business. So as the current financial year is ongoing, accounts/finance control can point out the mistakes, weak points, and strengths of the business. This will allow an ongoing review, instead of waiting till the year-end.

Asset Protection:

• Ensure weekly audit of entire company activity, that must be submitted at the end of every month. In the process of internal audit, there is always a valuation and verification of an asset.
• There is also a physical verification of the ownership and possession of the asset. And in case of special transactions like sale, purchase or revaluation of the asset, the authorization of this is also audited in an internal audit to be done by the finance/accounts audit control. So, the assets enjoy complete protection.
• Keeps a Check on Errors and effects controls and corrections for company accountant, procurement, marketing lead, and admin lead.
• Consistently follow up on daily activities and track of expenditures to avoid accumulating evidence that may warrant Tax liability.
• Prepare a general template for instituting regular and timely presentation of income statement, balance sheets and cash flow statements.
• Proper business analysis must be conducted to forecast, budget and measure performance as well as planning that must be presented to management for effective decision making.
• While ensuring risks are managed and analysed, management accountants must be able to identify trends, uncertainty, and opportunities for business improvement, make certain arrangements for external funding and financing of operations with experienced knowledge in monitoring and enforcing compliance.
• Design and maintain a company financial system and supervise its bookkeepers and data workstations.

Other Demanding Job Responsibilities are:

• Ensure proper recording and crunching of numbers are instituted for ethical conduct. Therefore, certain required standards such as competence, confidentiality integrity and credibility must be upheld always.
• Applicants must display deep insight on the advertised position. Furthermore, the details of the company resource opening should be well understood to enable a timely decision based on actual data. The ability to detects flaws, advice correctly based on the current reality and provides means to form long-term strategies to scale business activities is a strong requirement.
• Choosing and managing company investment and assets.
• Ensure proper risk management and provide shock and protection for company material and assets.
• Preparing monthly budgets for all activities of the company
• Advising management on financial activities and decisions.
• Enforcing proactive strategy for decision making.
• Preparation and sending of Monthly reports for each of thesales outlets inclusive of Executive summary, Findings and Recommendations latest on the 3rd of every new month to enable prompt Salary approval and payment.
• Ensure to Preparation and Send Monthly income statements for each of the outlets as this will enable us to know if the outlets are making profit or not as this will inform Management decision on setting a realistic and achievable target for each of the outlets.
• Ensure to give a Monthly General income statement /Statement of affairs for the Lubricants as this will give a holistic view of Total revenue, cost of goods sold, cost of goods not sold available in the outlets and Warehouses, as well as inform Management if that section is making a profit or loss and as well tells us the financial position.
• Ensure to generate a comprehensive Monthly income statement is also required for each of the business of the company such as the boat services, Security services and any other business being carried out by JEF now and in the nearest future on or before 3rd of every new month
• Supervision of the Marketing team, quarterly target preparations and quarterly reviews with comprehensive marketing sales report quarterly to the management for business decision making.
• Generate a target for the sales team weekly work with the marketing lead and warehouse controller to achieve this
• Any other task as assigned to your from the management.

Requirements

• Master's Degree with 6 - 10 years work experience.
• A versatile knowledge of the generally accepted accounting principles (GAAP), and basic tax principles. With the aim of improving the skills of colleagues to include the basic understanding of cost accounting.
• Applicant must have basic financial tools such as discounted cash flow, management economics, and key soft skills as communication, presentation, writing, persuasion, and interpersonal skills as well as emotional intelligence.
• Applicant must be able to display a technical understanding of information technology with sound understanding of excel, PowerPoint and key financial management tools.
• Applicant must have a clear understanding of the company vision and mission statement with the sole aim of placing colleagues and new intakes through the big picture by supporting managing in the decision-making process, such as structuring of the organization operation, keeping an eye on foundational risk assessment, capital investment and project financing and management.
• Management accountants must have exceptional leadership and management skills, persuasive and convincing abilities, human capital management and financial management capabilities
• In recent times business visibility is key to enhancing productivity hence the need to be versatile with the use of social media for marketing and sales.

Salary
N80,000 - N100,000 Monthly.