14 Mar 2016

Full-Time Accountant

Public Sector Water Company via Hamilton Lloyd and Associates – Posted by Toni AdewunmiPort Harcourt, Rivers, Nigeria

Job Description

Our Client
For confidentiality reasons, information about our client is, for reference sources and non-shortlisted candidates, limited to the following:

As part of water sector reform initiatives to guarantee sustainable access to basic sanitation and basic water supply in Port Harcourt city, our client are implementing the first phase of the Port-Harcourt Water Supply and Sanitation Project with support from the African Development Bank (AfDB) and the World Bank (WB). They have therefore identified the immediate need to recruit competent and suitably qualified professionals to fill various positions within the organization.
The company has decided to hire an experienced Accountant and the position will be based in Port Harcourt. Preference will be given to candidates from Rivers State.

Job Title: Accountant

Location: Port Harcourt
Job Purpose:

The Accountant is responsible for providing financial system services support for the Financial Management System focussing on structure and controls, including report design, key performance indicators and financial modelling in order to ensure effective, efficient and accurate financial operations. The Accountant must comply with established policies and procedures.

Main Responsibilities:

• Establish the financial management system for the project including preparation of financial management sections of the Project Implementation Manual and financial procedures manual in accordance with ADB and WB requirements where applicable; and subsequently ensure strict adherence to installed control arrangements and procedures.
• Maintain and update all books of accounts and records promptly in line with international accounting standards and project financier requirements (ADB and WB).
• Timely processing and approval of payment requests in respect of project activities, ensuring that the expenditures are incurred in accordance with the FA.
• Oversee the preparation of monthly bank reconciliation statements of project bank accounts.
• Support the PIU in preparing annual budgets; prepare disbursement requests / withdrawal applications on regular basis to WB and ADB in line with applicable procedures of these project financiers; prepare periodic unaudited interim financial reports (monthly, quarterly/calendar semester, annually); prepare disbursement reports as input to project progress reports within stipulated submission deadlines and in formats agreed with the project financiers.
• Support the PIU in recruitment of External Auditors. Ensure the annual financial statements are audited and submitted within the stipulated submission deadline to the project financiers. Follow up on FM issues and audit queries/implementation of recommendations made by the internal/external auditors.
• Maintain constant liaison with project financiers (ADB, WB, and Rivers State Government) on financial management issues.
• Carry out any other activities that are assigned by the Financial Management Specialist or the Managing Director.
Job Specific Competencies/Skills:
• knowledge of accounts payable, accounts receivable and maintaining general ledgers

• knowledge of payroll functions and procedures

• ability to maintain a high level of accuracy in preparing and entering financial and payroll information ability to maintain confidentiality concerning financial and employee files

• Solid financial systems skills and a background in financial analysis and accounting.

• Strong working knowledge of the Oracle Financials software suite or similar fully integrated systems

Environmental / Sector demands:

• Rapidly changing environment in the public sector and development agency projects


• Degree in Accounting or any related course
• A professional membership in any of the following associations: CIMA (Chartered Institute of Management Accountants) ,ACA (Association of Chartered Accountants), ACCA (Certified Chartered Accountant)
• At least four years post qualification experience in Financial Management of donor funded development projects. Experience with ADB or WB is an advantage.
• Experience of financial management in public institutions is desired.
6+ relevant working experience.

Job Categories: Accounting Jobs in Nigeria. Job Types: Full-Time. Job expires in Endless.

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