Finance Executive at Filmhouse Cinemas Limited

Filmhouse Cinemas Limited is a dynamic film exhibition company. Our expertise are in the areas of: Cinema operations, management of sites, Ownership of sites, Consultancy for cinema development, Design Fit-out; Cinema project management, Film Distribution: Rights Acquisition, Booking into cinemas, and content development.

We are recruiting to fill the position below:

Job Title: Finance Executive

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Description
Accounts Payable Responsibilities:

• Manage the accounting and booking of credit purchases and local purchase order
• Manage the accounts of Contractors, Studios/Producers i.e Warner Bros. and Nollywood Studios.
• Prepare film performance reports to Studios, Nollywood and Foreign films, in the theatres and ancillary markets
• Ensure payments to Producers as per contract
• Manage Theatrical and Ancillary payables to Producers
• Manage the Payable Clearing Account
• Record liabilities to Contractors. Studios/Producers
• Liaise with the Asset Management team on the management of the Recoupable account- as a secondary function.
• Prepare Ageing Report of Accounts Payable to Contractors/Studios
• Circularization to creditors for account balance confirmation

Asset Management Responsibilities:

• Manage the fixed assets portfolio of the business
• Manage the fixed assets register and ensuring all additions, reclassifications and disposals are properly recorded
• Compute and record the depreciation of fixed assets
• Prepare fixed assets schedule
• Manage the process of assets disposal
• Record the sales and profits of assets disposal, the adjustment of the total assets costs and accumulated depreciation afterwards
• Ensure the reclassification of assets when required
• Ensure tagging of all fixed assets
• Manage the Co-Production account.
• Ensure the capitalization of investments in co-production account to Film Library Assets account.

Accounts Receivable Responsibilities:

• Manage the accounting of credit sales and revenues from ancillary activities
• Manage recoupable asset account
• Invoice customers ancillary markets.
• Recording of sales and its related components in the books
• Ensure receipt of sales payment by customers/debtors in line with the policy on debtors collection period
• Ensure the receipt of verifiable WHT receipts and credit notes from customers/debtors
• Record WHT receipts in the WHT paid account.
• Manage the debtors portfolio of the business
• Carryout reconciliation with the debtors
• Circularization of debtors for account balance confirmation
• Prepare monthly Ageing Analysis report for debtors/customer balances.

Qualifications

• First Degree in Finance / Accounting.
• ICAN.
• Minimum of 3 years relevant experience (reconciliation).

Application Closing Date
Not Specified.