Accountant - Financial Operations Business Support Lagos.Finance

Reports To: Manager - Finance Operations Business Support

Division: Finance

Mission:

• To account for all company-wide Financial Operations activities (Business Support), support various divisions on financial issues and maintain commercial relationships with external stakeholders.

Description:

• Maintain a strict control environment and ensure strict compliance with all MTNN policies and procedures.

• Perform accounts payable process and reporting

• Analyze and process invoice and PO’s received; and ensure accurate receipt of Purchase Orders on ERP by user departments.

• Manage appropriately, the databases of Withholding Tax deductions on vendors’ payments, withholding tax (\WHT) deductions for remittance and analyze vendor/staff sub-ledgers.

• Process transactions for staff advances, retirement and expense claims, and analyze divisional cash floats for adequacy; and rectify error.

• Ensure efficient and timely reconciliation and reimbursement of float (Executive Mastercard float, fuel etc).

• Perform general ledger accounting and reporting.

• Liaise with banks and key stakeholders when required and perform reconciliation of bank statement to general ledger accounts.

• Track expenditure by planning and directing all expenditure activities.

• Compile monthly financial expenditure reports.

• Reconcile financial expenditure with divisional / regional financial managers

• Perform month end reporting activities.

• Analyze/prepare relevant information for annual budget and financial forecasting; and assist in managing inter-company relationships.

• Supervise/review operational cash flow projection and utilization as well as processing of account payable.

• Work with Financial Operations Manager to identify /rectify error in the entry and remittance of Withholding Tax deductions.

• Establish trends and benchmarks for cash transactions per accounts and prepare reports to assist with pricing decisions.

• Review and approve departmental accrual submissions as well as provide detailed investigation and analysis of all accounts.

• Supervise the implementation of finance policies, processes and procedures and ensure strict adherence to established internal controls, MTN PPP’s, IFRS, IAS and GAAP.

• Work with Financial Operations Manager to prepare departmental budgets and provide support in daily unit administrative activities in line with the strategic objectives.

• Provide input into relevant management and board papers, review supporting documents/back up schedules to meet audit and regulatory requirements as well as analyze/interpret data to facilitate decision making.

• Ensure efficient optimization of databases/systems and prompt resolution of all reconciling items.

• Monitor and report on key performance indicators in order to meet all month end reporting deadlines.

Education:

• A first degree in any discipline, but a finance and management related degree is desirable.

• A professional accounting qualification (ACA, ACCA, CPA, CIMA).

• Fluent in English

Experience:

3-7 years’ experience which includes

• Experience working in a medium organization

• Experience in core accounting function

• Knowledge of Microsoft Office tools

• Experience in using an ERP system is desirable

• Experience in Finance functions in the telecommunications industry would be an added advantage