Role Brief:
Management Accountant prepares, develops, and analyses financial information to allow the organization to make well-informed decisions to ensure future stability, profitability and growth.
Responsible for planning, implementing, managing and controlling all financial-related activities of the Company. This will include direct responsibility for accounting, finance, cash management, tax management, strategic planning, forecasting (budgeting), financial reporting, financial policies and management information systems and business plan execution for future business growth.
The role combines accounting skills with effective management and concise communication to both financial and non-financial management. Effective and Efficient management and set up of the Account/Finance department, manage funds in such a manner as to maximise returns on investments while minimising risks and ensuring that an adequate control structure is in place over the transfer and investment of funds.
This role is to look ahead, analysing business performance advising on how to pre-empt problems and adapt to changing circumstances and developments.
The overall aim for a Management Accountant is to improve value in all areas of the business by managing and reducing operational and service costs and implementing the most effective strategies
Key Scope Items include Management, Financial Analysis, Budgeting and Funds Management.
Essential Duties:
Produce financial statements annually or periodically including profit and loss accounts, budgets, cash flows, monthly management accounts, variance analysis and commentaries.
Provide leadership in the development of the continuous evaluation of short and long-term strategic financial objectives and operating procedures.
Create, coordinate, and evaluate the financial programs and supporting information systems of the company including budgeting, tax planning, and conversation of assets.
Approve and coordinate changes and improvements in automated financial and management information systems for the company.
Supports the Board in the preparation of budgets and financial reports, including income statements, balance sheets and forecasts for future business growth.
Provide management reporting for decision-making, including project appraisal, evaluation and post-implementation analysis.
Ensure that effective internal controls are in place and ensure compliance with applicable federal, state and local regulatory laws and rules for financial and tax reporting.
Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass salary updates, ledger, and account maintenance and data entry.
Develop and implement finance, accounting, billing, and auditing procedures.
Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.
Ensure records systems are maintained by generally accepted auditing standards.
Analyze cash flow, cost controls, and expenses to guide business leaders.
Analyse financial statements to pinpoint potential weak areas.
Provide recommendations to strategically enhance financial performance and business opportunities.
Negotiating on major projects, loans and grants.
Ensure compliance with all financial regulations of the Federal Republic of Nigeria while preparing, documenting and working on Audits and other investigations.
Manage trainee accountants, including day-to-day communication and motivation as well as succession planning and performance management.
Carry out continuous reviews of working accounting practices and processes to ensure efficient and cost-effective operations.
Prepare Financials and schedules for statutory Audit and defend them.
Job Requirements:
Experience Applicants from FMCG, Banking and Telcom will be considered with Previous experience in general accounting with knowledge of accounting principles and practices, finance principles, financial reporting, and industry standards ESSENTIAL
Graduate Qualifications: First degree from a recognized University in the Science or Technology or Social Sciences or Related Fields, specifically Finance, Accounting, Economics or Business or BEng, BSc, BTec, Required, +15 years post National Service work experience (NYSC is mandatory), Required: ACCA or ICAN preferred. REQUIRED
Post Graduate Qualifications MBA Finance or Business Administration OF ADVANTAGE
Entry Level Certifications and Training Requirements Cost and Management Accounting PREFERRED
Key Skills & Competencies:
Strong computer skills: Advanced Excel skills, including pivot tables, proficiency in relevant SAGE Evolution software, and Word
Demonstrates independent ownership and management of tasks.
Planning, organizing, scheduling, monitoring, initiative, confidentiality, problem analysis and problem-solving skills
Proven ability to work in a team; sharing information and ideas, developing and maintaining relationships
Strong level of professionalism in dealing with highly confidential information.
Strong communication/relationship skills and proven track record of wide-scale client interaction.
Impeccable time management skills and ability to prioritize
Flexible, detail-oriented, ability to multi-task and adaptable approach.
Strong mathematical, accounting and analytical skills
Excellent interpersonal, oral and written communication skills.
Technical accounting skills
Previous experience in general accounting with knowledge of accounting principles and practices, finance principles, financial reporting Proven bookkeeping experience
Solid understanding of basic bookkeeping and accounting payable/receivable principles
Proven ability to calculate, post and manage accounting figures and financial records
Data entry skills along with a knack for numbers
Hands-on experience with spreadsheets and proprietary software
Proficiency in English and MS Office
Customer service orientation and negotiation skills
High degree of accuracy and attention to detail