Financial Accountant at Phillips Outsourcing Limited

Phillips Outsourcing Limited has been in existence for over 16 years. We have a vast experience in the outsourcing business as we currently manage resources for major clients in all sectors of the Nigerian economy. In addition, our prolific manpower cuts across the 36 states in Nigeria. After successfully gaining ground in all the 36 states of the federation, we are gradually spreading our tentacles to other African Nations. We are currently registered to also do business in Ghana. Our framework is developed to fully support the businesses of our clients, ensuring continuous improvement of the outsourced services. This ultimately thrusts our clients to achieve their business objectives.

We are recruiting to fill the position below:

Job Title: Financial Accountant

Location: Lagos
Duration: One-year renewable contract

Responsibilities

• Responsible for all finance, accounting and tax-related tasks for selected entities in the Africa region.
• Prepare journals and maintain GL accounts to ensure information is captured accurately.
• Complete accruals, reconciliations and monthly processing, including allocations.
• Prepare monthly expense reports for Department Heads.
• Reconcile required balance sheet accounts and upload on SharePoint/Blackline
• Review inter-company accounts to include the acceptance and creation of AGIS and clearing of inter-company balances.
• Manage the company's cash position and review monthly cash forecasts for the various entities
• Monitor and update cash flow requirements as needed.
• Review daily bank statements for the company and update balances for U.S.
• Coordinate the submission and processing of invoices and payments with the Accounts Payable team.
• Complete/coordinate all statutory returns.
• Ensure capital expenditure records and monthly schedules are updated.
• Assist with timely filing of all tax returns.
• Ensure the VAT, WHT calculation, charging, and reporting are correct
• Assist with timely filing of all tax returns.
• Ensure the VAT, WHT calculation, charging, and reporting are correct
• Provide the Financial Statement to external auditors for review
• Ensure annual statutory filing for all entities is completed before deadlines.

Requirements

• Professional accounting qualification – ACA, ACCA (Compulsory)
• First degree in accounting or other business-related field
• A minimum of 3 years’ practical accounting work experience in practice or industry (Compulsory).
• Knowledge of US GAAP and IFRS (Preferred but not compulsory)
• Practical knowledge of Oracle E-Business Suite or similar ERP system (Required)
• Proficiency with Excel and other Microsoft Office modules.

Salary
N600,000 – N750,000 monthly net pay.

Application Closing Date
23rd April, 2025.