Accountant at Oditello Integrated Services Limited

Oditello Integrated Services Limited is  recruiting to fill the position below:

Job Title: Accountant (FX & Payment Experience, Open to Learning & New Markets)

Location: Lagos
Employment Type: Full-time

Job Description

• We are seeking a proactive and adaptable Accountant with a strong background in foreign exchange (FX) and payment processing, who is eager to learn and explore new markets.
• This role requires someone with a keen interest in expanding their expertise in emerging financial markets and staying abreast of evolving payment technologies.
• The successful candidate will manage FX transactions, payments, and financial reporting while actively seeking opportunities to drive improvements in processes and explore new business opportunities within the financial landscape.

Responsibilities
Foreign Exchange (FX) Management:

• Manage FX transactions, conversions, and transfers across multiple currencies.
• Monitor FX markets, track currency trends, and recommend strategies to optimize gains and reduce risks.
• Explore new FX products, services, and market opportunities for better currency management.
• Ensure compliance with Central Bank of Nigeria (CBN) regulations and industry standards related to FX transactions.

Payment Processing:

• Oversee the processing of domestic and international payments, including wire transfers (SWIFT), Real-Time Gross Settlement (RTGS), and other electronic platforms.
• Ensure timely and accurate execution of payments while resolving discrepancies.
• Collaborate with banks, financial institutions, and payment providers to explore and implement new payment methods.
• Stay updated on innovative payment technologies and solutions to enhance operational efficiency.

Accounts Reconciliation:

• Perform regular reconciliations of FX accounts, payment transactions, and bank accounts to ensure accuracy.
• Investigate and resolve any discrepancies in FX rates, payment processing, or cash balances.
• Assist in reconciling multi-currency financial accounts** and aligning them with local reporting standards.

Financial Reporting & Analysis:

• Assist in preparing financial statements, including FX and payment transaction reports, ensuring alignment with IFRS and local regulations.
• Support the finance team with month-end and year-end closings, focusing on FX performance and payment efficiency.
• Provide insights and recommendations based on FX analysis, payment trends, and market exploration.

Learning & Market Exploration:

• Proactively explore new financial markets, technologies, and business opportunities to expand the company’s payment and FX strategies.
• Stay informed about emerging financial trends in fintech, cryptocurrency, digital payments, and alternative banking systems.
• Participate in workshops, training programs, and market research to broaden knowledge in global financial markets and FX practices.
• Collaborate with other departments** to explore opportunities for new market entry, expanding the company’s presence across borders.

Regulatory Compliance

• Ensure compliance with CBN regulations, tax laws, and international financial reporting standards in all FX and payment operations.
• Regularly review and update** internal processes to remain compliant with evolving financial regulations.
• Prepare and submit relevant reports** to regulatory bodies, ensuring accurate and timely filings.

Process Improvement

• Identify and implement improvements** in FX handling, payment processing, and financial reporting procedures.
• Explore automation opportunities** within accounting processes to enhance accuracy and efficiency.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• 3-5 years of experience in accounting with a focus on FX, payment processing, and international financial operations.
• Professional certification (e.g., ICAN, ACCA) is highly preferred.
• Strong knowledge of Nigerian and international banking systems, FX platforms, and payment gateways.
• Expertise in accounting software and ERP systems (e.g., Sage, QuickBooks, Microsoft Dynamics).
• Familiarity with IFRS and local financial regulations concerning FX and payments.
• Advanced Microsoft Excel skills for data analysis and financial reporting.
• Ability to quickly learn and adapt to new markets, financial tools, and industry trends.

Skills:

• Experience in the fintech, banking, or payment services industries.
• A growth mindset with an eagerness to learn new skills and explore emerging financial markets.
• Knowledge of cryptocurrency, blockchain, and other innovative payment solutions.
• Excellent problem-solving and analytical skills with a strong attention to detail.
• Strong communication and collaboration skills to work across departments and with external stakeholders.

Salary
Competitive, based on qualifications and experience.
Growth Opportunities: Learning and exposure to new markets, expanding global FX and payments expertise

Application Closing Date
10th October, 2024.

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