Financial Accountant

Jagal is a Nigerian conglomerate holding that operates leading energy businesses and manages a diverse portfolio of investments. By cultivating leadership and developing a culture of excellence, Jagal is dedicated to empowering people and building strategic partnerships that aim to achieve sustainable growth for the advancement of the Nigerian community.

We are recruiting to fill the position below:

Job Title: Financial Accountant

Location: Lagos

Description

• As the focal point of the Accounts team, this role oversees all transaction processing, accounting across payables, receivables, cash including account reconciliations and the accuracy of intercompany accounting records and balances
• It will also ensure the accuracy/consistency in financial records and Cost Control Management across the head office business
• The key aim of the position is to provide robust, accurate and timely financial information for management reporting and cost / budget development and management within head office.

Key Responsibilities
Financial Accounting/Reporting (40%):

• Managing of all accounts payable, accounts receivable and petty cash transactions reconciliation
• Prepare and monitor Intercompany reconciliation and statements issuance
• Monitoring and processing of supplier invoices
• Control accounts reconciliation

Controls/Legal Entities (10%):

• Continuously improve processes, systems and ways of working to drive overall efficiency in all processing areas.
• Act as change agent to spearhead innovative ideas that will improve finance processes and ensure efficiencies

Budget/Forecasting (5%):

• Assist in preparation of budget and forecasts for Jagal Group entities and monitoring actual performance against target
• Transaction Processing/Recording (30%)
• Preparation and processing of customer invoices
• Monitoring and processing of supplier invoices
• Processing of accounting journals, payment voucher and receipt voucher
• Processing/ posting of all financial transactions to ensure timely closing of leger and control accounts

Tax Filing/Reporting (10%):

• Preparation, processing and timely filing of all statutory returns with all relevant tax regulators e.g. VAT, WHT , NSITF , ITF , PAYE , CIT

Other Duties (5%):

• Provide ad-hoc support to Finance manager as required (i.e. special projects)
• Maintains best practice standards in accounting processing