Financial Accountant

Worknigeria; United States; Remote; USD 65,000 - 85,000; Full time

Job summary

A leading company is seeking a meticulous Financial Accountant to manage financial records and ensure compliance with accounting standards. The ideal candidate will have at least 4 years of experience, strong analytical skills, and proficiency in accounting software. You will be responsible for preparing financial reports, managing accounts payable and receivable, and ensuring timely compliance with tax regulations.

Qualifications

• 4+ years of experience as a Financial Accountant or similar role.
• Strong knowledge of accounting standards and regulations.
• Proficiency with accounting software and attention to detail.

Responsibilities

• Manage and ensure accuracy of financial records and reports.
• Prepare tax schedules and ensure compliance with regulations.
• Reconcile accounts and manage payment processes.

Skills

Accounting principles

Financial analysis

Financial reporting

Attention to detail

Analytical skills

Communication skills

Education

Bachelor's degree in Accounting

ACA, ACCA certifications

Tools

MS Office

QuickBooks

ERP systems

Job description

We are seeking a highly skilled and detail-oriented Financial Accountant to join our finance team. The Financial Accountant will be responsible for managing and ensuring the accuracy and integrity of our financial records and reports. The ideal candidate will have a strong background in accounting principles, financial analysis, and financial reporting. This position requires meticulous attention to detail, exceptional analytical skills, and the ability to work collaboratively in a fast-paced environment.

Key Responsibilities

Reporting & Transaction processing

• Apply accounting principles and practices to a variety of responsible accounting, budgeting, cost accounting, and/or other fiscal functions.
• Handle financial statement preparation and other report reconciliation (vendors and customers reconciliation etc.) requiring interpretation and analysis.
• Develop and implement control systems for determining costs and the distribution of costs; work with administrators to develop, operate, and evaluate accounting systems.
• Examine accounting documents to verify conformance to policies, procedures, and standards.
• Ensure timely payment and follow-up of account receivables and expenses in line with payment terms/SLA.

Compliance

• Understand relevant tax provisions and prepare tax and pension schedules for monthly filing and remittance, ensuring compliance with tax legislatures.
• Ensure compliance with timelines and flag potential issues.
• Liaise with tax consultants and auditors to ensure statutory compliance.

Communication

• Express ideas clearly and concisely in writing and verbally.
• Keep management informed about progress and problems, ensuring consistent communication.
• Create detailed financial reports and presentations for various purposes.

Responsibilities

General

• Participate in preparing financial reports and audits.
• Ensure financial statements align with accounting principles.
• Implement accounting policies and procedures.
• Authorize payments and ensure proper approvals.
• Post transactions promptly and establish recordkeeping systems.
• Prepare GL accounts and perform month-end and year-end closes.
• Assist in budgeting, variance reviews, and financial analysis.
• Support external audits and ensure timely completion.
• Maintain confidentiality of information.

Account Payable & Other Liabilities

• Reconcile payable accounts monthly.
• Monitor payable schedules and ensure proper provisions.
• Correspond with vendors and assist in payable reconciliations.

Account Receivable

• Generate invoices and reconcile receivable accounts monthly.
• Prepare amortization schedules and supporting documents.

Tax Management & Compliance

• Prepare tax schedules for PAYE, VAT, WHT, pension, etc., ensuring timely filings.
• Assist with regulatory compliance documentation.

Payment Processing

• Process authorized payments promptly.
• Reconcile payments daily and monitor cash balances.
• Propose improvements to payment processes.

Cash Management

• Manage petty cash and deposits.
• Coordinate bank deposits and signatures.

Fixed Asset & Intangibles Management

• Review and update fixed asset schedules.
• Record acquisitions and disposals, calculate depreciation.
• Conduct impairment reviews and manage asset tags.

Others

• Support other company functions as needed.
• Perform any additional duties assigned.

Qualifications, Knowledge, Skills, and Experience

• Bachelor's degree in Accounting, Finance, or related; ACA, ACCA certifications are a plus.
• At least 4 years of experience as a Financial Accountant or similar role.
• Strong knowledge of accounting standards, laws, and regulations.
• Proficiency in MS Office, accounting software, and databases; experience with QuickBooks and ERP systems.
• Excellent negotiation, relationship-building, problem-solving, and communication skills.
• High attention to detail, professionalism, and ethical standards.
• Ability to work independently and collaboratively in a fast-paced environment.
• Process improvement experience and a proven track record of meeting deadlines.