Accountant

The Accountant will be responsible for maintaining accurate financial records, preparing financial reports, and ensuring compliance with accounting principles and regulations for the multi-platform media organization. The role holder will handle day-to-day financial transactions, reconcile accounts, and contribute to the overall financial health and stability of Quantum Expression’s Media Consult LTD.

Core Responsibilities

Financial Accounting and Reporting:

• Prepare and maintain accurate and complete financial records, including general ledger entries, accounts payable, accounts receivable, and payroll.
• Prepare monthly, quarterly, and annual financial statements in accordance with relevant accounting standards (e.g., IFRS).  
• Reconcile bank accounts, credit card statements, and other balance sheet accounts on a regular basis, investigating and resolving any discrepancies.
• Assist in the preparation of budgets and forecasts, providing variance analysis and explanations for deviations.
• Ensure timely and accurate filing of statutory returns and tax obligations (e.g., VAT, PAYE).

Accounts Payable and Receivable Management:

• Process invoices and payments to vendors in a timely and accurate manner, ensuring proper documentation and approvals.
• Manage accounts receivable, including invoicing customers, tracking payments, and following up on outstanding balances.
• Reconcile vendor statements and resolve any discrepancies.
• Maintain accurate records of all accounts payable and receivable transactions.
• Ensure adherence to the organization's procurement and payment policies.

General Ledger and Reconciliation:

• Maintain and update the general ledger, ensuring all transactions are properly recorded and classified.
• Perform regular reconciliations of key general ledger accounts to ensure accuracy and completeness.
• Investigate and resolve any discrepancies identified during the reconciliation process.  
• Prepare journal entries for accruals, prepayments, and other adjustments as needed.
• Ensure the integrity of financial data within the accounting system.

Budgeting and Forecasting Support:

• Assist in the development and preparation of the annual budget.
• Provide support in the preparation of periodic financial forecasts.
• Monitor actual financial performance against budgets and forecasts, identifying and analyzing variances.
• Prepare variance analysis reports with explanations for significant deviations.
• Contribute to the development of improved budgeting and forecasting processes.

Compliance and Internal Controls:

• Ensure compliance with all relevant accounting principles, tax laws, and regulatory requirements in Nigeria.
• Assist in the implementation and maintenance of internal controls to safeguard the organization's assets.
• Participate in internal and external audits, providing necessary documentation and support.
• Stay updated on changes in accounting standards and regulations.
• Adhere to the organization's financial policies and procedures.

Educational Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional accounting certification (e.g., ICAN, ACCA) is required.
• An MBA or MSc in Finance or Accounting is an added advantage.

Professional Requirements

• Membership in a recognized professional accounting body (e.g., ICAN, ACCA).

Experience Requirements

• Minimum of 5-8 years of progressive accounting experience, preferably within a dynamic industry.
• Experience with accounting software and ERP systems is essential. Experience in the media industry is a plus.

Knowledge Requirements

• Thorough knowledge of accounting principles (e.g., IFRS) and practices.
• Understanding of Nigerian tax laws and statutory reporting requirements.
• Familiarity with budgeting and forecasting processes.
• Knowledge of internal control principles.
• Proficiency in using accounting software and ERP systems.

Skill Requirements

• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Proficient in financial data analysis and interpretation.
• Strong organizational and time management skills.
• Excellent communication (written and verbal) and interpersonal skills.

Personal Abilities

• Strong work ethic
• High level of integrity and professionalism
• Attention to detail and high level of accuracy
• Adaptability and Willingness to learn
• Proactiveness                                                                                                                             
• Teamwork and collaboration.
• Strong decision-making skills

Quantum Expressions Media Consult LTD aims to be an Employer of Choice, providing equal opportunity for everyone regardless of their background, gender, race and other protected characteristics.