Senior Accountant at Odixcity Consulting

Job Description

• The Senior Accountant will be primarily responsible for the planning, implementation, managing and running of all the finance activities of the company and all associated or affiliated companies, including; business planning, budgeting, forecasting and negotiations.
• The Senior Accountant must display a cohesive ability at interpersonal and communication skills, both verbally and written.
• They must be able to engage with staff at all levels of the organization and exercise sound judgement.
• Suitable candidates should also have excellent financial reconciliatory skills and experience in managing time-bound rolling commitments.
• The staff must be capable to take full responsibility for the following duties; either performing this him/herself or in a supervising role: Bookkeeping and monthly reporting under IFRS in line with deadlines.
• Analysing actual versus budgeted results (in general and for events) and providing advice to the general manager, senior management and to the board on possible improvements
• Preparing all monthly, quarterly and yearly tax reports and ensuring that necessary filings and payments are done on time
• Perform treasury function including handling and controlling of payments to vendors and handling of cash
• Perform monthly staff payroll/ tax deductions and all related calculations
• Perform Weekly /monthly bank reconciliations and analysis of FOREX gains/losses.
• Supervising and performing monthly or end year stock takings / inventory valuation where applicable
• Setting up and maintaining policies and procedures including requirements on controls and documentation for management
• Managing the external audit and ensuring that it is completed on time
• Managing the company assets register.
• Ensuring that insurance cover for all assets are adequate and are in line with organizational requirements
• Working with team members and general manager to complete any other duties as may be required
• Demonstrated understanding of the process workflow related to work requests from initiation through completion.
• Consistently demonstrating teamwork dynamics by working as a team member; understanding individual and team roles; contributing to a positive working environment by building solid relationships with team members; and proactively seek guidance, clarification and feedback.

Responsibilities

• Filing of PAYE annual returns
• Collect of WHT credit note receipt
• Process Electronic Tax Clearance certificates
• Compute and remit of PAYE and VAT as and when due
• Deduction of Withholding Tax from any contract awarded or from suppliers, and remitting same to either FIRS or State IRS.
• Prepare monthly outstanding WHT Credit Notes
• Represent the company on Tax matters with FIRS and relevant State IRS
• Prepare monthly project accounts, posting of payment vouchers including international monetary transfers and maintaining P & L Schedules on the Sage 50 Accounting software
• Providing leadership, direction and management of the finance and accounting team
• Providing strategic recommendations to the Project Business Managers and members of the executive management team
• Establishing and developing relations with senior management and external partners and stakeholders
• Reconciling and prompt remittance of intercompanies’ payments and international funds transfer
• Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting.
• Advising on long-term business and financial planning
• Prepare various federal and state income tax returns.
• Assist in federal and state tax audits.
• Keep abreast of current developments in the tax area, foreign exchange and forex trading
• Perform all other assigned projects as assigned by the Managing Director
• Manage all foreign exchange transactions, including currency conversion, hedging strategies, and risk management.
• Ensure compliance with regulatory guidelines and reporting requirements for foreign exchange transactions.
• Monitor and optimize currency conversion rates for international operations.
• Maintain accurate records of all foreign exchange transactions and reconcile discrepancies.
• Collaborate with internal teams to provide financial insights and support decision-making processes.
• Stay up-to-date with market trends, economic events, and regulatory changes that can impact foreign exchange rates.
• Assist in preparing financial reports, budgets, and forecasts related to foreign exchange activities.
• Identify and implement process improvements to enhance efficiency and accuracy in foreign exchange operations.
• Support internal and external audits related to foreign exchange transactions.

Key Performance Indicators (KPI)

• Timely processing and collection of ETCC for staff
• Timely submission of monthly, quarterly and end year financial reports
• Timely remittance of PAYE, WHT, and VAT
• Accurate computation of WHT, VAT, and PAYE
• Timely securing FIRS tax clearance, ITF, educational and other regulatory licence.

Qualifications

• Academic Qualification – M.SC / B.Sc / BA in Accounting with a Professional Certificate: Chartered Institute Of Taxation of Nigeria (CITN), The Institute of Chartered Accountants of Nigeria (ICAN), Associate Chartered Accountant (ACA).
• Experience – Applicant must possess 5 - 8-years experience working experience.
• Great knowledge of accounting systems (Access Dimensions, Quick Books, SAGE, Microsoft Excel, etc.)
• Strong knowledge of internal control principles, operational risk evaluation.

Key abilities:

• Must be thorough, detail oriented, organised and versatile whilst at the same time having a service mindset and non-compromising integrity.
• We expect candidate to have a strong background in finance and tax as well as understanding the specifics of the energy service industry generally.
• Ability and willingness to work extra hard to ensure that all necessary tasks and reports are prepared on time and meeting the high-quality standards
• Ability to analyze problems and strategize for better solutions
• Excellent leadership and organizational skills.

Salary
Negotiable.