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Accountant at National Institute of Credit Administration

As a chattered prestigious body of eminent credit management elites, NICA is empowered by law to, control supervise and regulate credit management profession in Nigeria; the institute preserves, promotes and protects the integrity and interests of credit business across sectors of then economy.

Experience10 years
Location Lagos.

Job Summary

  • Adequately handle the account department, prepare financial reports and yearly operating budget to aid management decision making and ensure compliance with regulatory standards.
  • Oversee reconciliation of bank account statements.
  • Maintain accurate and up-to-date financial records and accounts for the company
  • Oversee the maintenance of the fixed asset records and ensure proper accounting for fixed assets. 

Key Duties and Responsibilities

  • Preparation of monthly financial reports quarterly, half yearly and yearly financial and budgeting reports of the institute.
  • Provide supervisory roles to all Finance team members
  • Reversal and corrections of wrong postings and entries
  • Posting period Journals (Provisions, Accruals & salary Journals)
  • Post lifting bonus Accrued for the Month – while approval process is on. And posting actual bonus and rebate approved
  • Review Prepayment Schedule and post Recurring JVs on all Prepayment Balances. 
  • Ensure that new Prepayments are updated on Excel Prepayment Schedule.
  • Ensure that all previous provision & accrual are still relevant while those already settled are released.
  • Post recurring entries (each entity should have list of recurring entries
  • Prepare SFP analysis (Vendor, Debtor age analysis & Related Party Transactions)
  • Preparation of balance sheet notes
  • Any other duties that may be assigned
  • Review of accounts in general looking out for reasonableness of figures produced by the system (SAP)
  • Make accruals for all services received but not invoiced
  • Review & Reconcile Payroll Summary Report to the GL Accounts. 
  • Prepare & Submit Comments on the Net Income Statements for Review
  • Any other duties that may be assigned. 

Requirements
Education & Experience:

  • Bachelor’s Degree or its equivalent in Accounting, Finance, Economics or other related discipline.
  • Working knowledge/ experience in the use of financial systems including QUICKBOOK SAGE, TALLY, SAP, etc.
  • Relevant professional certification (e.g. ACA, ACCA, CIMA)
  • Minimum of Ten (10) years relevant work experience.
  • Good understanding of micro and macroeconomic indices and their impact on the cement business.
  • Intermediate to advanced knowledge of FIRS, finance best practices and other applicable reporting and accounting standards.

Skills & Competence:

  • Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
  • Proven experience in planning, budgeting and forecasting activities.
  • Very sound business acumen – financial and commercial knowledge.
  • Strong communication and presentation skills.
  • Good leadership and people management skills.
  • Strong problem-solving skills.
  • High ethical standards and integrity.
  • Ability to manage multiple priorities. 

Method of Application

Interested and qualified candidates should send their Application to: [email protected] and copy [email protected] using the Job Title as the subject of the mail.

Note

  • We expect applications and CVs to come from applicants living in any of these areas in Lagos: Lagos Island, Ikoyi, Victoria Island, Lekki and Ajah axis.
  • Successful candidate must be ready to resume immediately.
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