Accountant at a Real Estate Company - SIAO Partners

SIAO Partners - Our client in the Real Estate sector is recruiting to fill the position below:

Job Title: Accountant

Location: Lagos

Job Description

• We are seeking a skilled and experienced Accountant with a minimum of 6 years of experience to join our team in the real estate sector.
• This role is pivotal to maintaining the financial health and integrity of our operations, supporting decision-making through accurate financial reporting, and ensuring compliance with all applicable accounting standards and regulations.

Key Responsibilities
Financial Reporting and Analysis:

• Prepare, analyze, and present monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements.
• Conduct variance analysis to track performance against budgets and forecasts, providing insights to management for decision-making.

Budgeting and Forecasting:

• Collaborate with management to develop and monitor budgets for real estate projects, ensuring adherence to financial targets.
• Forecast revenue, expenses, and cash flows to support operational and strategic planning.

Revenue and Expense Management:

• Track and reconcile revenue streams from property sales, rentals, and management fees.
• Manage accounts payable and accounts receivable, ensuring timely billing, collections, and payment processes.

Investment and Asset Management Support:

• Support real estate investment analysis by preparing cash flow projections, IRR, and ROI calculations.
• Assist in tracking asset performance, managing depreciation, and evaluating asset valuations.

Compliance and Audit:

• Ensure compliance with all regulatory, tax, and statutory requirements, including VAT, income tax, and property taxes.
• Coordinate and prepare documentation for internal and external audits, ensuring adherence to company policies and financial standards.

Financial Controls and Risk Management:

• Implement and maintain internal financial controls to safeguard company assets and prevent discrepancies.
• Monitor and manage financial risks related to credit, cash flow, and operational factors.

Real Estate Project Accounting:

• Maintain accurate accounting records for each property or real estate project, including capital expenditure tracking, project costing, and revenue recognition.
• Collaborate with project managers to ensure timely and accurate financial tracking of project costs and budgets.

ERP and Financial Software Management:

• Use accounting software and ERP systems to maintain financial records, generate reports, and improve financial processes.
• Assist with implementing new financial systems or upgrades to support business growth.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, or a related field; professional certification (e.g., ACA, ACCA, CPA) is preferred.
• A minimum of 6 years of experience in accounting, with specific experience in the real estate sector.
• Strong knowledge of accounting principles, financial reporting, and regulatory requirements in the real estate industry.
• Proficiency in accounting software (e.g., QuickBooks, Sage) and ERP systems; advanced Microsoft Excel skills.
• Excellent analytical, organizational, and communication skills.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Application Closing Date
27th November, 2024.