Job Title: Chief Accountant
Location
Lagos
Job Field
Finance, Accounting, Audit
Job Purpose
To regulate, supervise and implement a timely, full and accurate set of accounting books of the Company reflecting all its activities in a manner commensurate with the relevant legislation and regulation in the territories of operation of the firm and subject to internal guidelines set from time to time by the Board of Directors of the firm.
Requirement
By overseeing their company's financial and risk management activities, corporate treasurers attempt to ensure the most favorable market conditions for its activities. Oversee operations to include evaluating operating and financial performance.
To implement continuous financial audit and control systems to monitor the performance of the firm, its flow of funds, the adherence to the budget, the expenditures, the income, the cost of sales and other budgetary items.
To timely, regularly and duly prepare and present to the Board of Directors financial statements and reports as required by all pertinent laws and regulations in the territories of the operations of the firm and as deemed necessary and demanded from time to time by the Board of Directors of the Firm.
To comply with all reporting, accounting and audit requirements imposed by the capital markets or regulatory bodies of capital markets in which the securities of the firm are traded or are about to be traded or otherwise listed.
To prepare and present for the approval of the Board of Directors an annual budget, other budgets, financial plans, business plans, feasibility studies, investment memoranda and all other financial and business documents as may be required from time to time by the Board of Directors of the firm.
To alert the Board of Directors and to warn it regarding any irregularity, lack of compliance, lack of adherence and problems whether actual or potential concerning the financial systems, the financial operations, the financing plans, the accounting, the audits, the budgets and any other matter of a financial nature or which could or does have a financial implication.
To collaborate and coordinate the activities of outside suppliers of financial services hired or contracted by the firm, including accountants, auditors, financial consultants, underwriters and brokers, the banking system and other financial venues.
To maintain a working relationship and to develop additional relationships with banks, financial institutions and capital markets with the aim of securing the funds necessary for the operations of the firm, the attainment of its development plans and its investments.
Otherwise, to initiate and engage in all manner of activities, whether financial or other, conducive to the financial health, the growth prospects and the fulfillment of investment plans of the firm to the best of his ability and with the appropriate dedication of the time and efforts required.
forecasting cash payments and anticipating potential challenges arising from limited cash flow;
undertaking risk management activities to protect and progress a company's financial wellbeing;
analysing the impact of international money markets on the performance of company products or services;
Review activity reports and financial statements to determine progress and status in attaining objectives and revise objectives and plans in accordance with current conditions.
negotiating loan or overdraft terms with company bankers;
creating solutions to new challenges by applying financial/treasury knowledge;
communicating with company departments, such as tax and accountancy, on a range of issues;
providing advice on, or suggesting solutions to, problems arising elsewhere in the company
Skills, Qualifications
B.Sc. Accounting with ICAN. ACCA certification is an added advantage.
As well as the qualifications gained through study, candidates need to show evidence of the following
strong interpersonal and communication skills, for liaising with senior
management, operational staff, and company bankers and investors;numeracy skills and IT literacy;
an understanding of the money markets and how they operate;
Excellent attention to detail and accuracy, for dealing with company funds and large figures.
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