Financial Accountant

Sapele Power Plc (SPP) is a leading Nigerian integrated energy company specializing in power generation. 
SPP operates Nigeria’s second largest power plant by installed capacity of 1020MW; capable of meeting the energy needs of around 750,000 homes at full capacity.

SPP generates a considerable amount of Nigeria’s electricity — powering numerous homes and businesses nationwide. We have a strong focus on sustainable generation and are continually seeking to expand our generation network, as well as make efficiencies, and minimise environmental impacts

 



Job Role/Title:   Financial Accountant
Reporting to: 
Chief Financial Officer
Job Objectives:
  • To manage the smooth running of the Financial Accounting operations of Sapele Power Plc 
  • Ensure adherence to the accounting deliverables of Sapele Power Plc 
Key Responsibilities: 
  1. Drive the Finance Operations as its affect various departments of the company 
  2. Champion the Implementation of all Financial Cycle Processes and Procedures 
  3. Preparing final accounts by ensuring all account schedules agree with the General ledger balances on Monthly, Quarterly, Bi Annual, and Annual basis. 
  4. Reconciliation of Balance Sheet balances to Sub-Ledger and ensure prompt correction of identified errors 
  5. Ensuring Financial Reports are prepared in accordance with IFRS regulations 
  6. Preparation of Monthly Management Report. Detailing Financial Performance against budget and provide comments on all variances 
  7. Attend to External Auditors on annual audit exercise and other External Consultants 
  8. Ensuring that all regulation levies are paid as and when due. E.g (WHT Remittances, VAT, PAYE and CIT) 
  9. Vet all financial transactions and ensure they meet Sapele Power Plc standard reporting systems 
  10. Ensuring Stock Take exercise is observed on last day of every month. 
  11. Monitor the CAPEX and OPEX expenses while ensuring adequate compliance to financial prudence. 
  12. Ensuring transactions are coded into appropriate expense head and cost centers 
  13. Assist in extracting, collating and consolidation information needed to generate the company’s annual operating budget. 
  14. Coordinate the entire Finance team, ensuring they deliver the value required of the team 
  15. Build capacity within the Financial Accounting team of the Organization by: 
    1. Continuously reviewing the capacity required to support the team unit in delivering its functions effectively 
    2. Provide development opportunities for direct reports that challenge and expand their capability 
    3. Provide leadership that inspire others to succeed, and proactively share experience, knowledge plus ideas 
    4. Ensuring that performance objectives are clearly defined for all job roles within the team and that all staff members are evaluated against agreed performance objectives at pre-defined periods set by the HR function 
Coaching and counseling of team members as necessary

Key Performance Indicators:
  1. Up - to - date Asset details; Acquisition, Movement register and depreciation 
  2. Up to date details of all Prepayments 
  3. Accurate value of available stocks in the entire business or group 
  4. Accurate postings of accounts per account types, Cost Centers and business location. 
  5. Adherence to Monthly Closing Deadlines 
  6. Timely delivery of financial reports/ Monthly Management Reports 
Zero Tolerance on correcting journals from External Auditors
Skills, Competencies and Requirements: 
Functional Competencies/Requirements: 
  1. Financial Strategy Management 
  2. Financial Analysis Skills 
  3. Strong Financial and Management Accounting skills 
  4. Strong Computer literacy skills 
  5. In-depth understanding of Accounting softwares 
  6. In-depth understanding of Accounting systems 
General Management Competencies/Requirements:
  • Strong Leadership skills 
  • Strong Oral and Written Communication skills 
  • Good Presentation Skills 
  • Strong Negotiation Skills 
  • Relationship Management 
  • Strong Problem solving skills 
  • Ability to plan, schedule and coordinate effectively 
Educational Qualifications/Experience: 
  1. Minimum of university degree or HND Accounting, Finance (and or other recognized Professional Accounting Qualification ACCA or ACA) 
  2. Minimum of 5 years post professional qualification experience. 
  3. Basic knowledge of Power and Energy Sector’s GSAA, GTA, PPA & Accounting systems would be an added advantage. 
Desired Personal Attributes: 
  • Integrity 
  • Proactive self-starter 
  • Assertive and tenacious 
  • Ability to work with little or no supervision 
  • Ability to work with all levels of management, build partnerships and teams 
  • Highly organized and able to adapt quickly to changing priorities 
  • Ability to cope with and work under pressure 



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