Sunset in the mountains

Vacancy - Accountant at TOTAL

Total E&P Nigeria CPFA Limited is a main Closed Pension Fund Administrator whose principle objective is to deal with the Total E&P Nigeria Staff Non-Contributory Pension Fund. 

The association is at present hoping to enlist top abilities to join its group and has ordered Workforce Group, a main HR counseling firm to fill the empty job underneath:

Accountant

Job Type
Full Time

Qualification
BA/BSc/HND   

Experience
 10 years 

Location
Lagos

Job Field
Finance / Accounting / Audit   

 


Job Scope
◦The Job holder is responsible for preparation of the financial statements of the Fund and the Company.
◦He/She is also responsible for preparation of the net assets value (NAV) of the Fund on a monthly, quarterly and yearly basis; reconciliations, budgeting, cost control and performance measurement, liaising with external contacts (vendors, auditors, tax authorities), revision and update of all procedure.

Job Responsibility
◦Ensures the documentation of transaction processing workflows within Finance and Operations department in standard procedures. Also ensuring that existing procedures are updated and reviewed in line with current practices.
◦Prepare monthly depreciation of assets in line with the accounting policies and procedures.
◦Prepare monthly amortization of intangible assets in line with the accounting policies in place.
◦Maintains proper books of account by ensuring that daily transactions are recorded using both the accounting & investment module of the Fund’s software.
◦Preparation of Monthly, Quarterly, and half yearly & annual fund valuation.
◦The valuation and updating of fund investment in Private equity & Infrastructural fund.
◦Forecasting upcoming payment needs of the Company; providing adept analysis of the bank balance vis-à-vis the forecasted payments to ensure adequate funding by the sponsor and also avoiding idle bank balances.
◦Ensuring periodic (i.e. quarterly) cash call reconciliations with Parent Company.
◦Ensure that balances held by Parent Company against the company (as represented by debit notes) agrees with Company’s records. Also, identifying any differences that may exist, investigating and resolving them.
◦Work with departmental managers to develop and prepare appropriate budget for the Fund & company.
◦Participate in the budget approval process by the board of directors.
◦Analyse monthly department budgeting and accounting reports to maintain expenditure controls.
◦Consult with managers to ensure that budget adjustments are made in accordance with program changes.
◦Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
◦Seek new ways to improve efficiency and optimize cost – benefit matrix.
◦Review operating budgets to analyse trends affecting budget needs.
◦Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
◦Responsible for the preparation of regular and special budget reports.
◦Follow-up compliance with approved budget/cost objectives;
◦Perform relevant variance analysis and investigate deviations for recommendation and follow-up;
◦Interpret budget directives and establish policies for carrying out directives.
◦Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
◦Preparation of the financial statements of the Fund and the Company.
◦Preparation of the net assets value (NAV) of the Fund on a monthly, quarterly and yearly basis.

Job Requirements
◦University Degree in Accounting, Business Admin, Finance or related discipline (Minimum of 2nd class upper).
◦ICAN or ACA certification mandatory.
◦Minimum 10 years relevant work experience, in accounting or finance.
◦Strong analytical and communication skills.
◦Good organizational ability as well as ability to multitask.


Method of Application


Use the link(s) below to apply on company website.
◦Accountant

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