Account Officer in a Construction, Design and Architectural Company

Job Title: Account Officer

Location: Opebi, Lagos
Employment Type: Full-time

Description

• The preferred candidate must be a member of a professional accounting body preferably ICAN.
• Candidates who have worked in similar position in a construction industry will have an advantage.
• Due to increasing activities, our client urgently needs the services of a self driven and articulate Accountant with a minimum of 5 yrs experience.
• Candidates living within Ikeja would also be most preferred.

The job description for the position includes

• Manage lien waiver disbursement and collection.
• Assist with month-end and year-end closings.
• Overseeing bookkeepers in the firm (if any) and setting up and monitoring the accounting system and interpreting the data from the bookkeeper’s activities.
• Assists with prep of monthly financial reports and account analyses.
• Communicate with Construction division and external vendors and subcontractors via phone and email.
• Apply required construction accounting standards and procedures to the recording and reporting of construction activity
• Providing accurate, understandable, timely information that supports your management decisions, including analysis and recommendations.
• Managing the company’s financial affairs and general book keeping.
• Set up jobs, budget control, subcontracts, and change orders in accounting software.
• Assisting with budgeting and forecasting.
• Assist with implementing and maintaining internal financial controls and procedures.
• Managing relationship with external stakeholders, ensuring that appropriate reports and documentations are submitted to and are updated with the IRS.
• Review and approve payables weekly for payment.
• Ensuring that the accounting process complies with the law.
• Assistance with preparation of annual tax returns and other regulatory submissions.
• Work closely with Construction Project Managers from beginning to end of project to ensure receivables and payables are handled properly and timely accounted for.
• Prepare journal entries.
• Understand and maintain standard cost codes in accounting system
• Review account/bank reconciliations.
• To provide management and financial accounting support for the organization which includes taking responsibility for the entries on the general ledger including reconciliations and completing detailed reviews of the profit and loss account on the company accounting system.
• Assist with preparation and coordination of audit and tax return processes.
• Preparation and reconciliation of Profit and Loss and Balance sheet reports on a monthly, quarterly and annual basis.
• Monitor and resolve bank issues including fee anomalies and check differences.
• Effective management of a projects budget.
• Understand terms in owner contracts and subcontractor contracts to ensure accuracy and timeliness of progress billings and payments.
• Daily monitoring and management of several company bank accounts.
• Communicate with various funding agencies (i.e. Title Company, Escrow Company) regarding pay application process and requirements needed for payment.