Accounting Manager (Investment Banking) at Phillips Outsourcing Services Nigeria Limited

Phillips Outsourcing Limited is a leading outsourcing service provider in Nigeria committed to delivering qualitative, customised, and effective outsourcing solutions to our esteemed clients. Our innovative solutions have made us revered and renowned to be the go-to business partner for companies who want to scale-up and have a competitive edge in the market. With our workforce of highly skilled and experienced professionals, advanced technology and cost-effective mediums, our goal is to meet our client’s needs with precision.

We are recruiting to fill the position below:

Job Title: Accounting Manager (Investment Banking)

Location: Lagos
Reporting Line: Senior Finance Director
Industry: Investment Banking

Responsibilities

• Assist in handling day-to-day assigned tasks for Brokerage entities (clients’ cash inflow, outflow, internal profile transfers, errors, bank reconciliations, etc.).
• Prepare journal entries for prepaid expenses, accounts payable, accrued expenses, various expense accounts, and other required allocations.
• Assist in generating accurate financial statements on a timely basis and preparing reports that are aligned with the International Financial Reporting Standards (IFRS).
• Assist in handling the cash management/treasury function e.g. bank lines of credit or any related banking issues.
• Assist in preparing and communicating all necessary requirements for governmental, regulatory and tax authorities.
• Assist in handling internal and external audit requirements.
• Identify the root cause of problems, gather and process relevant information, recommend possible solutions and implement the most suitable one.
• Participate in testing the accounting systems’ modifications (if any).
• Ensure that all reporting complies with the firm's policies and procedures.
• Stay up to date with IFRS rules and regulations.
• Ensure compliance with all applicable AML/CTF rules and regulations as required in the conduct of your role.
• Ensure timely completion of all relevant AML/CTF training provided by the Group.
• Ensure response to AML, CTF & sanctions inquiries in a timely manner.

Requirements

• Bachelor’s Degree in Accounting or Finance. Accounting certification (CPA, ACCA, and CMA) is preferred.
• 4 - 7 years experience in a similar role and Candidate MUST have minimum of 4 years experience in Capital Market or Investment banking
• In-depth understanding of IFRS standards.
• Excellent use of Microsoft Office bundle (Word and Excel).
• Good communication skills (written, verbal and listening).
• Able to build partnerships and work well in teams.
• Can identify, recommend, and implement solutions for problems. Capable of making timely decisions and anticipating consequences.
• Ensure deliverables are always of a high quality.
• Detail oriented; works with a high level of accuracy with efficient performance.
• Flexible in taking on new tasks.
• Multi-tasker, with the ability to meet changing deadlines.

Salary
N600,000 - N700,000 monthly.

Application Closing Date
30th January, 2023.