Financial Accountant at ARM Life Plc

Posted on Fri 04th Aug, 2017 - www.hotnigerianjobs.com --- (0 comments)

ARM Life is the Insurance subsidiary of Asset & Resource Management Company Ltd (ARM). Its parent company, ARM is one of the largest non-bank financial services firms in Nigeria with a focus on asset management. Established in 1994, ARM started operations as a traditional asset management company specialising in the management of quoted equities and fixed income securities.

We are recruiting to fill the vacant position below:

Job Title: Financial Accountant

Location: Nigeria

Job Summary
  • Joint preparation of the monthly business reporting and annual financial statements for the Board and other key stakeholders
  • Joint preparation of the annual budget, including review and monitoring of the budget
  • Contribute to the development and improvement of reporting and analysis to enhance management decision making
  • Identification and implementation of key business and process improvements
Principal Duties and Responsibilities
  • Responsible for the preparation of the company’s monthly financial and management accounts.
  • Interfacing with Tax consultants, Pension Fund Custodians, PenCom and the external auditors of the company. 
  • Develop and implements systems and procedures for capturing financial transactions
  • Management of Company Income Tax and ensure efficient implementation of the tax policy
  • Manage and analyse the firm’s expenses and advise management on cost management
  • Responsible for third party (Bankers, Tax consultants, Pension Fund Custodians, PENCOM) liaison on behalf of the unit 
  • Monitor and ensure adherence to Service Level Agreements by the Team and other parties 
  • Ensure prompt postings of journal entries required for the preparation of management/financial accounts as well as other reports are completed and available for use
  • Responsible for Fixed Asset Management for the Company 
  • Assist in preparation of the company’s budgets, analyzing results and providing explanations for variances. 
  • Responsible for coordination of the monthly performance reviews (MPR) for all business units. 
  • Coordinate and lead the annual audit process, liaise with external auditors for annual statutory accounts. 
  • Assisting in the enhancement of financial controls and the development of improved reporting systems via automation of operational processes. 
  • Assist in the preparation of financials for board meetings. 
  • Responsible for investigating areas where there are uncertainties in the completeness, accuracy and validity of information in the Balance sheet and Income Statement. 
  • Responsible for analyzing and reporting related party transactions within the group.
Minimum Qualifications
  • University degree in Social Sciences or any relevant courses i.e Economics, Accounting etc.
  • ACA or ACCA qualified with minimum of 6years Accounting Experience within the Financial Services Industry or any of the Big 4 Professional Services.
Other Requirements:
  • Experience with one or more of the following ERP financials applications from a functional design perspective is preferred (not essential): preferably Oracle
  • Ability and experience to help managers and teams document their current state and develop their future state, using tools like process mapping and other process improvement tools 
  • Practical approach to process/performance improvements, described and executed without jargon
  • Group facilitation 
  • Statistical analysis
  • Project Management 
  • Strong proficiency in PowerPoint and Microsoft Excel and other MS Office applications.
  • Ability to develop/help others develop PowerPoint presentations 
Generic Skills:
  • Strong technical accounting skills and knowledge of accounting standards
  • Advanced excel skills
  • High level of IT literacy and familiarity with Business Intelligence and ERP systems
  • Strong focus on continuous improvement and automation of financial processes
  • Attention to detail and ability to work as part of a team Excellent communication skills 
Supervisory Skills:
  • People relations
  • Strong organizational skills
Application Closing Date
6th August, 2017.

Method of Application

Interested and qualified candidates should:
Click here to apply online
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