Financial Accountant

Job Role/Title:

Financial Accountant

Reporting to:

Chief Financial Officer

Job Objectives:

• To manage the smooth running of the Financial Accounting operations of Sapele Power Plc

• Ensure adherence to the accounting deliverables of Sapele Power Plc

Key Responsibilities:

• Drive the Finance Operations as its affect various departments of the company

• Champion the Implementation of all Financial Cycle Processes and Procedures

• Preparing final accounts by ensuring all account schedules agree with the General ledger balances on Monthly, Quarterly, Bi Annual, and Annual basis.

• Reconciliation of Balance Sheet balances to Sub-Ledger and ensure prompt correction of identified errors

• Ensuring Financial Reports are prepared in accordance with IFRS regulations

• Preparation of Monthly Management Report. Detailing Financial Performance against budget and provide comments on all variances

• Attend to External Auditors on annual audit exercise and other External Consultants

• Ensuring that all regulation levies are paid as and when due. E.g (WHT Remittances, VAT, PAYE and CIT)

• Vet all financial transactions and ensure they meet Sapele Power Plc standard reporting systems

• Ensuring Stock Take exercise is observed on last day of every month.

• Monitor the CAPEX and OPEX expenses while ensuring adequate compliance to financial prudence.

• Ensuring transactions are coded into appropriate expense head and cost centers

• Assist in extracting, collating and consolidation information needed to generate the company’s annual operating budget.

• Coordinate the entire Finance team, ensuring they deliver the value required of the team

• Build capacity within the Financial Accounting team of the Organization by:

• Continuously reviewing the capacity required to support the team unit in delivering its functions effectively

• Provide development opportunities for direct reports that challenge and expand their capability

• Provide leadership that inspire others to succeed, and proactively share experience, knowledge plus ideas

• Ensuring that performance objectives are clearly defined for all job roles within the team and that all staff members are evaluated against agreed performance objectives at pre-defined periods set by the HR function

Coaching and counseling of team members as necessary

Key Performance Indicators:

• Up - to - date Asset details; Acquisition, Movement register and depreciation

• Up to date details of all Prepayments

• Accurate value of available stocks in the entire business or group

• Accurate postings of accounts per account types, Cost Centers and business location.

• Adherence to Monthly Closing Deadlines

• Timely delivery of financial reports/ Monthly Management Reports

Zero Tolerance on correcting journals from External Auditors

Skills, Competencies and Requirements:

Functional Competencies/Requirements:

• Financial Strategy Management

• Financial Analysis Skills

• Strong Financial and Management Accounting skills

• Strong Computer literacy skills

• In-depth understanding of Accounting softwares

• In-depth understanding of Accounting systems

General Management Competencies/Requirements:

• Strong Leadership skills

• Strong Oral and Written Communication skills

• Good Presentation Skills

• Strong Negotiation Skills

• Relationship Management

• Strong Problem solving skills

• Ability to plan, schedule and coordinate effectively

Educational Qualifications/Experience:

• Minimum of university degree or HND Accounting, Finance (and or other recognized Professional Accounting Qualification ACCA or ACA)

• Minimum of 5 years post professional qualification experience.

• Basic knowledge of Power and Energy Sector’s GSAA, GTA, PPA & Accounting systems would be an added advantage.

Desired Personal Attributes:

• Integrity

• Proactive self-starter

• Assertive and tenacious

• Ability to work with little or no supervision

• Ability to work with all levels of management, build partnerships and teams

• Highly organized and able to adapt quickly to changing priorities

• Ability to cope with and work under pressure

Kindly forward cover letter with applications to: recruitment@sapelepower.com on or before the 26th of February 2016.