Financial Accountant at Large House Limited

Job Title: Financial Accountant

Job Description

• The accountant would be responsible for maintaining accurate financial records, preparing financial statements, and ensuring compliance with accounting principles and regulations. This role involves analyzing financial data, reconciling accounts, and providing valuable insights to support informed decision-making within the organization.

Key Responsibilities
Financial Record Keeping:

• Maintain accurate and up-to-date financial records, including general ledgers, journals, fixed asset register and subsidiary accounts.
• Record financial transactions and ensure proper documentation for all financial activities.
• Ensuring payment vouchers are raised and duly signed.

Financial Reporting:

• Prepare management accounts including statement of financial position, income statements, and cash flow statement.
• Generate various financial reports for management, and other stakeholders.

Budgeting and Forecasting:

• Assist in the development of budgets and financial forecasts.
• Monitor budget performance and provide analysis of variances.

Reconciliation:

• Reconcile bank statements, accounts payable and accounts receivable balances, and other financial records.
• Identify discrepancies and resolve issues in a timely manner.

Tax Accounting:

• Taxation of payroll including preparation and filing of related tax returns
• Transaction taxes including preparation and filing of related taxes.
• Stay updated on tax regulations and ensure compliance with relevant laws.
• Collaborate with the Tax consultants in addressing all tax related matters.

Auditing and Internal Controls:

• Collaborate with the internal auditors in ensuring internal control procedures are not compromised.
• Contribute to the development and implementation of internal control procedures.
• Assist in external audits by providing necessary documentation and explanations.

Financial Analysis:

• Analyze financial data to identify trends, opportunities, and areas for improvement.
• Provide insights and recommendations to support strategic decision-making.

Expense Management:

• Review and process expense reports, ensuring adherence to company policies.
• Monitor spending patterns and advise on cost-saving measures.

Compliance and Regulations:

• Stay current with accounting standards, regulations, and best practices.
• Ensure accurate and timely compliance with financial reporting requirements.
• Collaborate with the external auditors during statutory audits

Qualifications

• BSc/HND in accounting, Finance, or a related field; ICAN or similar certification is a plus.
• Proven experience as an accountant, preferably in a corporate setting is a strong advantage.
• Proficiency in accounting software(SAGE) and Microsoft Excel.
• Strong knowledge of accounting principles, financial reporting, and taxation.
• Analytical mindset and attention to detail.
• Excellent organizational and time-management skills.
• Effective communication and teamwork abilities.
• Problem-solving skills and a proactive approach to challenges.

Additional Information:

• Years of relevant work experience is an additional advantage.
• Possess excellent communication & interpersonal skills.
• Strong experience within professional scales and possess the ability to prospect and manage senior level relationships.
• Good display of soft skill mastery is an added advantage.
• Candidate must be residing in Lagos State.
• May require occasional overtime or flexibility in working hours to accommodate special projects or deadlines.
• May require occasional overtime during peak financial periods or during audits

Application Instructions:

The application deadline is no 24th January, 2025. Qualified and interested candidates should send their updated Resume to: [email protected]  using the Job Title as the subject of the email.

Note: Only qualified candidates will be contacted. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.