Financial Accountant at Electronics Payplus Limited

Electronic Payplus Limited is a smart card manufacturing company located at KM 34 lekki epe express way lakowe, Ibeju Lekki, Lagos.

We are recruiting to fill the position below:

Job Title: Financial Accountant

Location: Ibeju Lekki, Lagos
Employment Type: Full-time
Reports To: Head, Financial Control & Accounting Unit

Job Summary

• The Financial Accountant plays a pivotal role in ensuring the integrity, accuracy, and timeliness of the company’s financial records and reports.
• This role supports sound financial control, compliance with regulatory standards, and efficient management of accounting processes — from general ledger management to reconciliations, payables, receivables, and statutory reporting.
• The position ensures that financial transactions are accurately recorded and that strong internal controls are maintained to safeguard company assets and support informed decision-making by management.

Works Closely With:

• CFO
• Treasury & Budgeting Analyst
• Reporting & Performance Analyst
• HR department
• Procurement unit
• Sales & Business Development
• Production Department
• Banks and other financial Institutions.

Responsibilties

• Maintain and update the general ledger, ensuring accuracy of all postings.
• All payments raised daily must be posted same day and payment vouchers handed over to supervisor for review on/before 10am of the following day.
• Payment of vendors within agreed creditor’s days.
• Maintain and update the general ledger, ensuring accuracy of all postings.
• All payments raised daily must be posted same day and payment vouchers handed over to supervisor for review on/before 10am of the following day.
• Payment of vendors within agreed creditor’s days.
• Prepare monthly bank reconciliation statements for all bank accounts.
• All Custom assessment payments must be raised immediately approval memo is received from Admin; payment receipt must be given to Admin within the same day. Any justifiable reason that would make this impossible must be duly communicated to HOD.
• Submission of outstanding payments schedule to HOD every Monday on/before 12 noon
• Provide documentation and following up with providers of debt Capital
• Submission of accurate and complete bank balances report to MD/HOD by 10am daily.
• Processing of Advance payment bond and conclude within 3 days of submission of application to insurance companies.
• Monthly reconciliation of Customers’ accounts.
• Submission of schedules of outstanding invoices to HOD, Sales team & MD every Monday on/before 10am
• Ensure that all invoices are sent to Clients immediately after approval
• Prepare monthly report of quantity of personalized cards invoiced.
• Assist in preparing financial statements in compliance with IFRS and company policies.
• Verify and process vendor invoices, ensuring compliance with company policies.
• Monitor accounts receivable aging and follow up on outstanding debts.
• Prepare payment schedules and ensure proper authorization before disbursement.
• Liaise with suppliers and customers on payment and reconciliation issues.
• Prepare and review bank reconciliations for all accounts.
• Monitor cash balances to support operations and treasury management.
• Ensure all bank transactions are accurately captured in the accounting system.
• Maintain an up-to-date fixed asset register and monitor capitalization of new assets.
• Ensure compliance with company policies, IFRS, tax laws, and financial regulations.
• Support internal and external audit exercises, providing schedules and explanations.
• Implement and monitor internal control procedures within finance and across departments.
• File and maintain VAT, WHT, PAYE, and other tax returns as applicable.
• Identify and recommend process improvements in financial control and reporting.
• Participate in training and knowledge-sharing to enhance departmental efficiency.
• Any other task that may be assigned by the Unit Head and CFO.

Requirements

• BSc / HND in Accounting, Finance, or a related discipline.
• Minimum of full qualification in ICAN, ACCA, or equivalent
• Experience: Minimum of 3 - 5 years’ hands-on experience in accounting or financial control.

Key Skills and competencies:

• Strong knowledge of IFRS and Nigerian tax regulations.
• Excellent proficiency in MS Excel and financial reporting tools.
• Strong analytical and reconciliation skills.
• High level of accuracy and attention to detail.
• Integrity, accountability, and strong ethical standards.
• Good communication and interpersonal skills.
• Ability to work under pressure and meet deadlines.
• Team-oriented with a proactive approach to problem-solving.

Application Closing Date
Not Specified.