Compliance and Accounts Receivables Accountant at WTS Energy

WTS Energy provides recruitment and manpower services for the global oil and gas and energy industries. We supply engineers and consultants to our clients' projects and operations, and perform employment outsourcing services such as workforce management in oil and gas regions around the world. WTS Energy operates globally with offices in 14 countries and is operational in over 50 countries.

We are recruiting to fill the position below:

Job Title: Compliance and Accounts Receivables Accountant

Location: Lagos
Employment Type: Full Time
Reports To: Finance Supervisor

Job Description

• The Compliance and Accounts Receivables Accountant will be responsible for managing the accounts receivables portfolio, ensuring timely collection of payments, maintaining accurate records, and ensuring compliance with regulatory requirements.
• The ideal candidate will have a strong background in accounting, excellent analytical skills, and a thorough understanding of Nigerian financial regulations. 

Key Responsibilities
Accounts Receivables Management:

• Manage the accounts receivables portfolio, including following up on collections, and reconciliations.
• Monitor accounts to ensure timely collection of payments and follow up on overdue accounts.
• Develop and implement strategies to reduce overdue receivables.
• Maintain accurate and up-to-date records of all accounts receivables transactions. 

Compliance:

• Ensure compliance with all relevant Nigerian financial regulations and accounting standards.
• Prepare and submit required financial reports and documentation to regulatory bodies including pension fund administrators, tax authorities, NSITF/ ITF and other regulators.
• Assist during audits to ensure adherence to internal controls and regulatory requirements.
• Stay updated on changes in financial regulations and advise management on compliance issues.

Financial Reporting:

• Prepare weekly and annual accounts receivables reports.
• Provide analysis and insights on accounts receivables performance to management. 

Customer Relations:

• Liaise with customers to resolve any billing issues or discrepancies.
• Develop and maintain strong relationships with key customers to facilitate smooth payment processes.
• Address customer inquiries and provide support regarding account status and payment terms.

Internal Controls:

• Develop and implement internal controls related to accounts receivables and compliance.
• Identify areas for process improvement and recommend solutions to enhance efficiency and effectiveness.

Qualifications

• Bachelor's Degree in Accounting / Finance, or a related field.
• Professional accounting qualification (e.g., ACA, ACCA) is highly desirable.
• Minimum of 3 - 5 years of experience in accounts receivables and compliance, preferably within a similar industry.
• In-depth knowledge of Nigerian financial regulations and accounting standards.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• High attention to detail and accuracy.
• Ability to work independently and as part of a team.

Key Competencies:

• Integrity and ethical conduct.
• Strong organizational and time management skills.
• Ability to handle multiple tasks and meet deadlines.
• Customer-focused mindset.
• Continuous improvement orientation.

Benefits

• Competitive salary and performance-based bonuses.
• Comprehensive health insurance.
• Professional development opportunities.
• Friendly and supportive work environment.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online