Senior Accountant at ARM Life Plc

ARM Life is the Insurance subsidiary of Asset & Resource Management Company Ltd (ARM). Its parent company, ARM is one of the largest non-bank financial services firms in Nigeria with a focus on asset management. Established in 1994, ARM started operations as a traditional asset management company specialising in the management of quoted equities and fixed income securities.

We are recruiting to fill the vacant position below:

Job Title: Senior Accountant

Location: Nigeria

Job Summary

• Ensure that the management of the Group’s Financial Reporting functions (Group account consolidation, Accounting for Mutual Funds and management of Corporation Taxes) are consistent with the Group’s overall business strategies.
• Manage procedures through implementation of control frameworks and best practice policies and procedures.

Principal Duties and Responsibilities

• Oversee the Group Financial Reporting Unit
• Oversee the preparation and presentation of ARM HOLDCO, ARM TAM, ARM Capital Partners and ARM- Harith Infrastructure monthly financial statement (Journal entries, Management accounts, Statement of Comprehensive Income, Statement of Financial Position) with detailed analysis for internal and external stakeholders
• Monthly consolidation of ARM TAM, ARM HOLDCO & Subsidiaries accounts with detailed analysis.
• Ensure that payments are made to and/or on behalf of clients, suppliers and other third parties on a timely basis and in accordance with the applicable Service Level Agreement.
• Ensure that all transactions for the above entities and on behalf of clients are properly processed and captured in the appropriate accounting codes.
• Review all general ledger accounts detailing assets, liabilities, and capital. 
• Review all reconciliations of general ledger accounts to applicable sub ledgers, and all inter-company accounts reconciliations.
• Review monthly bank account reconciliations for the applicable accounts and ensure that all reconciling items are promptly cleared
• Ensure the correct treatment of withholding tax and VAT in the accounts and also ensure the prompt remittance to the appropriate authorities to avoid any penalties.
• Maintain close working relationships with all internal customers and key external partners as appropriate including clients, lenders, contractors & suppliers, auditors, business partners etc.

Qualifications and Experience

• Minimum - B.Sc, M.Sc.

Other Requirements:

• Monthly, quarterly & bi annual SEC, Trustees and other regulatory returns
• Ensure compliance with International Financial Reporting Standards, other applicable accounting standards and company procedures. Continuously review the company’s financial control policies and procedures and make recommendations for improvement
• Prepare documentation and account analyses required in connection with the requirements of our external auditors and other external reviewers.
• Support the implementation of the Oracle ERP system and any other Management Information System necessary to effectively drive the company’s business
• Prepare special analyses as required.     
• Perform other duties as assigned by the CFO and senior management.    

Application Closing Date
21st April, 2018.

Method of Application
Interested and qualified candidates should:
Click here to apply online