Country

  • Nigeria
  • City

  • Lagos
  • Industry

  • Other
  • Job Type

  • Office
  • Posting date

  • December 17, 2023
  • Job application is closed.

Contact

Helen Nnebuife Ukandu

  • Permanent
  • Nigeria
  • Competitive NGN / Year
  • Applications have closed

Website WTS Energy

This job is closed.

Financial Accountant

December 17, 2023

Job Description

DEPARTMENT: FINANCE

ROLE: FINANCIAL ACCOUNTANT

 

Job Summary:

We are in search of an experienced Financial Accountant to be a key player on our team. In this role, you will play a vital part in our journey by leading day-to-day financial operations, ensuring that our finances and financial records are in order. If you are a finance professional, who loves gaming and has a keen eye for detail, you are in for an exciting adventure with us.

 
Key Responsibilities:

Financial Reporting:

  • Produce detailed management reports, including income statements, balance sheets, and cash flow statements, providing critical insights for decision-makers and stakeholders.
  • Prepare and present financial reports to executive management, ensuring transparency and informed strategic decisions.

 

Expense Management:

  • Monitor company spending, ensure budgetary controls are adhered to and resources are used productively. You will also oversee putting money-saving strategies into action and making our spending as efficient as possible for our financial stability.

 

Accounts Reconciliation:

  • Carry out the reconciliation of all financial ledgers and bank accounts, proactively addressing discrepancies and maintaining accuracy and completeness of financial records.

 

Compliance Reporting:

  • Prepare and submit regulatory compliance reports to relevant authorities, including the NLRC (National Lottery Regulatory Commission), ensuring our gaming operations meet all legal requirements.
  • Ensure regulatory compliance at the federal and state levels, staying updated on evolving regulatory requirements and facilitating the company’s timely compliance.

 

Tax Management:

  • Manage tax planning and compliance, covering income tax, Lottery tax, VAT, and other applicable taxes to uphold our startup’s financial integrity.
  • Collaborate with external tax advisors to optimize tax strategies, ensuring our tax liabilities are minimized while adhering to legal requirements.

 
Cash Management:

  • Ensure adequate cash flow and liquidity management by optimizing available resources to meet operational needs and capitalize on investment opportunities.

 
Audit and Internal Controls:

  • Work closely with auditors to complete statutory audits and make sure their recommendations get put into action to protect our financial integrity.
  • Set up and maintain strong internal controls to keep the company’s assets safe and make sure we maintain generally acceptable accounting practices in day-to-day operations.

 

Team Leadership:

  • Lead and mentor the finance team, cultivating a culture of excellence, accountability, and continuous professional development, ensuring our finance team is well-prepared to support our startup’s financial success from day one.

 

Financial Risk Management:

  • Develop and implement robust risk mitigation strategies to protect our startup’s financial well-being, proactively identifying and addressing potential risks in preparation for our launch.

 

Qualifications:

Bachelor’s degree in accounting or a related field is required.

 

ICAN (Institute of Chartered Accountants of Nigeria) or ACCA (Association of Chartered Certified Accountants) membership is essential.

 

A master’s degree in finance, accounting, or a related field would be a significant advantage, demonstrating a commitment to continuous learning and professional development.

 

 

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