Accountant at National Institute of Credit Administration (NICA)

NICA was established by law vide ante Act No. 26 of August 16th, 2022. The Act gives NICA the statutory power and supervisory authority to control, regulate, and set standards for the credit management profession and education in Nigeria; thus, the Institute promote, protect, enhance, and encourage sound credit business management across industries, and other credit management related matters throughout the federation of Nigeria with impact on global credit matters.

We are recruiting to fill the position below:

Job Title: Accountant

Location: Lagos

Job Summary

• Adequately handle the account department, prepare financial reports and yearly operating budget to aid management decision making and ensure compliance with regulatory standards.
• Oversee reconciliation of bank account statements.
• Maintain accurate and up-to-date financial records and accounts for the company
• Oversee the maintenance of the fixed asset records and ensure proper accounting for fixed assets. 

Key Duties and Responsibilities

• Preparation of monthly financial reports quarterly, half yearly and yearly financial and budgeting reports of the institute.
• Provide supervisory roles to all Finance team members
• Reversal and corrections of wrong postings and entries
• Posting period Journals (Provisions, Accruals & salary Journals)
• Post lifting bonus Accrued for the Month - while approval process is on. And posting actual bonus and rebate approved
• Review Prepayment Schedule and post Recurring JVs on all Prepayment Balances. 
• Ensure that new Prepayments are updated on Excel Prepayment Schedule.
• Ensure that all previous provision & accrual are still relevant while those already settled are released.
• Post recurring entries (each entity should have list of recurring entries
• Prepare SFP analysis (Vendor, Debtor age analysis & Related Party Transactions)
• Preparation of balance sheet notes
• Any other duties that may be assigned
• Review of accounts in general looking out for reasonableness of figures produced by the system (SAP)
• Make accruals for all services received but not invoiced
• Review & Reconcile Payroll Summary Report to the GL Accounts. 
• Prepare & Submit Comments on the Net Income Statements for Review
• Any other duties that may be assigned. 

Requirements
Education & Experience:

• Bachelor’s Degree or its equivalent in Accounting, Finance, Economics or other related discipline.
• Working knowledge/ experience in the use of financial systems including QUICKBOOK SAGE, TALLY, SAP, etc.
• Relevant professional certification (e.g. ACA, ACCA, CIMA)
• Minimum of Ten (10) years relevant work experience.
• Good understanding of micro and macroeconomic indices and their impact on the cement business.
• Intermediate to advanced knowledge of FIRS, finance best practices and other applicable reporting and accounting standards.

Skills & Competence:

• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
• Proven experience in planning, budgeting and forecasting activities.
• Very sound business acumen – financial and commercial knowledge.
• Strong communication and presentation skills.
• Good leadership and people management skills.
• Strong problem-solving skills.
• High ethical standards and integrity.
• Ability to manage multiple priorities. 

Salary
N200,000 - N250,000 monthly.

Application Closing Date
20th February, 2025.

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

Note

• We expect applications and CVs to come from applicants living in any of these areas in Lagos: Lagos Island, Ikoyi, Victoria Island, Lekki and Ajah axis.
• Successful candidate must be ready to resume immediately.