Head of Accounts at JMG Industries Limited

JMG Industries Limited is recruiting to fill the position below:

Job Title: Head of Accounts

Location: Lagos
Employment Type: Full-time

Job Responsibilitiies

• Implement up-to-date reporting standard i.e. IFRS (International Finance Reporting Standard)
• Advice management on prudent utilization of resources with the goal of maximizing the profitability of the company.
• Handle tax management
• Maintain general and subsidiary ledgers on all related accounts with proper documentation and records of all the Company’s transactions.
• Review entries to the general and subsidiary ledgers to assure accuracy and compliance with Company’s accounting principles and global accounting standards.
• Monitor ongoing sales and services.
• Receive complete sales/services from sales department; verify accuracy and completeness of all required information including current pricing, extension, waivers from suppliers, discounts applied.
• Code sales orders with account numbers by sales /product classifications for the cost of goods sold. Keypunch (post) sales orders and other accounting information into computerized / digitalized accounting system. Print billing daily and send / deliver to customer.
• Supervise monthly bank reconciliations for all accounts, verify accuracy of bank statements and resolve questions or problems; maintain integrity of cash balance and cash flow system.
• Monitor incoming and outgoing cheques, maintain a cheque register. Receive cheques and prepare deposit slips. Prepare and post remittance advices for posting cheques received. Update and review aged receivables for unpaid balances. Secure receivables from clients, communicate with customers regarding their billing and assist the Management with collections.
• Verify monthly totals of sales, sales history, returns and allowances. Maintain a cash receipt journal. Coordinate closely with Accounts Supervisor. See to the remittance of VAT (Value Added Tax) and other statutory taxes in a timely fashion.
• Assist and prepare Trial Balance, profit and loss, Management Reports and similar documents. Assist in monitoring and maintaining the company’s stock / share portfolio.
• Prepare monthly and quarterly profit and loss results for the company.
• Supervise preparation of payroll. Assist in processing and prepare payroll cheques and reports.
• Remit pay in a timely fashion, identify and administer appropriate relief per payroll.
• Assist in co-coordinating, prepare year-end audit, preparation of schedules and documents for independent auditors. Also actively assist and monitor stock taking exercises which are perpetual and quarterly.
• Assist in ensuring that all accounting documents are kept updated and in a proper manner. Ensure best practice and procedures are met.
• Prepare the management account of the company.

Salary
N300,000 monthly.

Application Closing Date
31st August, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the job title as the subject of the email.