JOB TITLE: Financial Reporting Officer
JOB LOCATION: Lagos
Job type: Full Time
JOB DETAILS:
- Responsible for providing accurate and timely financial information to enhance financial decision making.
Key Duties and Responsibilities
- Evaluate current and historical data to enhance decision making.
- Provide analytic insight in support key strategy projects, market, trend, customer, channel and competitive assessments.
- Assist in preparation of draft financial statement for audit purpose and ensure timely completion of the statutory audit.
- Prepare and submit all regulatory report to NERC at defined deadlines.
- Compute relevant federal, state, local, VAT, PAYE and other tax returns for the attention of the Section Head Financial Reporting at defined periods.
- Oversee filing of tax and fiscal requirements within defined statutory deadlines.
- Ensure prompt remittance of computed taxes and returns to relevant authorities in a timely manner.
- Extract, collate and file relevant support documentations and proof of tax remittances for tax investigation exercises.
- Maintain records of all tax transactions and related balance sheet activity for tax and audit purposes.
- Reconcile all general ledger accounts and assist the Taxation Accountant with special projects as required.
- Perform tax-related research and review relevant documentations to interpret tax legislations and provisions.
- Ensure accuracy of tax reporting in financial statements – audit reviews, budgets & reports.
- Manage Egbin’s tax remittances and provisioning to ensure appropriateness.
- Respond to ad-hoc inquiries/ queries on tax related issues and maintain relationships with personnel at the tax offices or other authority
- Ensures adherence to strategies to meet short, medium and long-term financing needs ensuring alignment with the organisation’s goals and objectives.
- Assist to ensure judicious use of organization’s resources to meet all likely contingencies within established risk limits.
- Preparation of financial forecasts and monitoring business performance.
- Recommend strategies for project financing to facilitate the realisation of Egbin’s operational and corporate objectives.
- Cultivate and manage relationships with strategic partners
- Participate/ provide inputs in the review of financial partners dealings and ensuring compliance with Service Level Agreements (SLAs).
- Ensure effective tax planning for Projects by seeking innovative ways for the business to benefit from tax reliefs and other similar advantages
- Keep abreast of changes and updates in macroeconomic policies and advice the Finance team on the implications for the business.
- Assist in preparing the unit’s budget inputs and contribute in the preparation of the budget firm-wide.
- Support preparation of senior management and board level communications
- Provide support in the areas of performance monitoring, analytics and reporting with the company to drive operational efficiency.
- Assist in ensuring effective strategies and measures are in place and detect potential revenue leakages/irregularities.
- Develop and implement creative performance template/tracker for the business.
- Collate and interpret data, analysing results from varied sources, using statistical techniques and providing ongoing reports, draw inference and present observations that will guide business decisions.
- Develop business intelligence tools that help drive business operations.
- Ensure compliance to International and local reporting standards in line with best practice
- Review business financial statements and analyse commodity prices, sales, costs, expenses, and tax rates to determine a company’s value by projecting the company’s future earnings
- Meet with company officials to gain better insight into the company’s prospects and management.
- Perform expense trend analysis and monitor financial and operational risk exposure on an ongoing basis; proactively communicate potential risks to management
- Provide general support to business managers as required.
- Completes other ad hoc analysis and reporting, including utilizing data from multiple sources.
- Perform any other duty as may be communicated by line managers, management team or any other recognized stakeholder.
- Establish and maintain relationships with key internal and external stakeholders.
Education and Work Experience
- Bachelor’s Degree or its equivalent in Accounting, Finance, Economics or other related discipline.
- Relevant professional certification (e.g. ACA, ACCA, CIMA, CFA) will be an added advantage.
- Five (5)- Eight (8) years relevant experience
Skills and Competencies:
- Good understanding of trends, challenges, opportunities, regulations and legislations relating to the power industry.
- Good working relationship with internal and external customers.
- Working knowledge of accounting packages and systems, including a standard ERP software.
- Good report writing and presentation skills
- Ability to extract, manipulate and analyse large volumes of data and strong problem-solving skills
- High sense of accountability and dependability
- Good oral and written communication skills
- High ethical standards and integrity.
- Proficiency in the use of MS Office tools.
Apply Now
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Note: Only shortlisted candidates will be contacted.
Deadline: April 15, 2022
Job Features
Job Category | Finance Officer |