Financial Accountant Job at Co-Creation Hub (CcHUB)

CcHUB is Nigeria’s first open living lab and pre-incubation space being designed to be a multi-functional, multi-purpose space where work to catalyze creative social tech ventures take place. The HUB is a place for technologists, social entrepreneurs, government, tech companies, impact investors and hackers in and around Lagos to co-create new solutions to the many social problems in Nigeria.

We are recruiting to fill the position below:

Job Position: Financial Accountant

Job Location: Yaba, Lagos
Job type: Full time

Job Description

• The Financial Accountant is responsible for the accurate recording and analysis of financial transactions, ensuring compliance with accounting standards and regulations, and providing critical financial insights to support informed decision-making.
• This role involves preparing financial statements, managing general ledgers, ensuring timely monthly close of CcHUB subsidiaries.
• In addition, the post holder will be required to collaborate with various departments/practices, and project managersto ensure good management of the company’s financial resources.

Key Responsibilities
Bank Reconciliation & Expense Management:

• Prepare accurate monthly bank statements reconciliation and financial records.
• Aggregate requisitions from the company’s expense management system (EMS), and upload on the payment platform.
•  Monitor and control expenses to maintain fiscal discipline.

Financial Reporting:

• Prepare monthly, quarterly, and annual financial statements.
• Ensure timely and accurate monthly close of financial reporting.
• Maintain compliance with accounting standards (IFRS) and regulatory requirements.

General Ledger Management:

• Oversee the maintenance of the general ledger.
• Ensure all financial transactions are recorded accurately and timely.
• Perform month-end and year-end close processes.

Budgeting and Forecasting:

• Support with the preparation of budgets and financial forecasts where necessary.
• Analyze variances between actuals and budget, providing explanations and insights.

Audit and Compliance:

• Provide support to the Group Financial Accountant and external auditors for audit processes.
• Ensure compliance with internal controls, policies, and procedures.
• Implement improvements to financial processes and controls.

Accounts Payable and Receivable:

• Manage and oversee the accounts payable and receivable functions.
• Ensure timely processing of invoices and payments.
• Reconcile accounts and resolve discrepancies.

Tax Compliance:

• Prepare and file tax returns in compliance with local, state, and federal regulations.
• Maintain current knowledge of tax laws and regulations.

Financial Analysis:

• Conduct financial analysis to identify trends, variances, and opportunities for improvement.
• Provide financial insights and recommendations to management.

Collaboration and Support:

• Work closely with other departments to gather financial information and supporting documentations for budget tracking where necessary.
• Provide financial support and guidance to various teams within the organization.
• Assist in special projects and initiatives as required.

Qualifications
Education:

• Bachelor’s degree in Accounting, Finance, or related field.
• CPA or equivalent certification preferred.

Experience:

• 3-5 years of experience in accounting or finance roles.
• Experience in a similar role within the industry is advantageous.

Technical Skills:

• Proficiency in accounting software (e.g., QuickBooks or related software).
• Advanced Excel skills (e.g., VLOOKUP, pivot tables).

Analytical Skills:

• Strong analytical and problem-solving skills.
• Ability to analyze complex financial data and present actionable insights.

Attention to Detail:

• High level of accuracy and attention to detail.
• Ability to identify and rectify discrepancies in financial records.

Communication Skills:

• Excellent verbal and written communication skills.
• Ability to explain complex financial information to non-finance audience clearly.

Organizational Skills:

• Strong organizational and time management skills.
• Ability to manage multiple tasks and meet deadlines.

Personal Attributes

• Integrity: High ethical standards and integrity in professional dealings.
• Initiative: Proactive approach to identifying issues and solving problems.
• Team Player: Ability to work collaboratively with colleagues across the organization.