Financial Accountant at Ascentech Services Limited

Ascentech Services Limited is a full-fledged Human Resource Solution Provider incorporated in 2013 with its Head Office in Lagos, Nigeria. We are committed to forging long-term partnerships with our clients by creating and delivering robust and flexible services that address the changing needs of their business.

We are recruiting to fill the position below:

Job Title: Financial Accountant

Location: Lagos
Employment Type: Full-time
Reports to: Managing Director

Reponsibilities

• Coordinate and supervise payables Ledger activities, ensuring correctness and completeness of all invoices and requisite authorization before processing;
• Coordinate budget preparation and business plan activities and forecasting processes
• Develop financial policies to ensure operational efficiency
• Ensuring all relevant taxes are deducted on invoice before payment is approved;
• Responsible for the preparation of Assets and Liability revaluation for management account
• Maintenance of fixed assets register and ensuring depreciation and amortization are accurately calculated and recognized in the financial statement
• Ensure that reconciliation of all bank accounts indicating the elements of interest on loan/overdraft and other bank charges are up to date
• Vendor management by ensuring reconciliation of supplier account on a monthly basis and prompt resolution of issues.
• Review the creditors ledger balance periodically
• Responsible for reconciliation and monitoring of major foreign milk supplier statement which constitute about 90% of the creditors’ balance
• Ensure that all reconciliations completed on timely basis and differences are investigated and resolved promptly
• Managing the company account receivable, invoicing and collection process, ensuring prompt collection of receivables due.
• Implement a review of existing processes and controls to identify improvements that can be immediately implemented
• Prepare financial statements for the company
• Complete VAT returns and all tax returns
• Compute capital allowance and post
• Assist the company in managing commercial and reputational risks in its relations with external suppliers
• Provision of monthly payable and receivable reports for management decision.

Requirements

• First Degree must be in Accounting
• Minimum of 7 years core experience in accounting/management account
• Must be a Certified member of ICAN/ACCA
• Must have Manufacturing Industry Background
• Excellent strategic planning skills.
• Ability to work independently and highly meticulous.
• Ability to lead and manage a team effectively.
• Good working knowledge of Microsoft Excel.
• Knowledge of Oracle Financials or any other financial software.

Application Closing Date
14th October, 2021.