Financial Accountant at INITS LIMITED

Financial Accountant

About Inits Limited

INITS Limited is one of Africa’s leading software development and IT consulting company, incorporated in 2009 with offices located in Nigeria, Nairobi, Kenya and Delaware, United States. We offer innovative custom-made software development solutions, interactive designs, winsome web and mobile applications and stellar human resources that meet the needs of our diverse clientèle.
We use a revolutionary design-driven and meticulous approach at delivering digital solutions and services that are anchored on in-depth product/project research, robust marketing and strategic service philosophy.
We are known for adhering to project scopes, quality deliverables and prompt feedback, with a dedicated team of savvy professionals articulate in software design & development for mobile and web technologies.

Description of Financial Accountant

Develop and implement financial responsibility plans aligned with organizational strategy.
Ensure timely and accurate completion of the month-end accounting process.
Coordinate and process various financial, administrative, and operational forms and reports.
Maintain up-to-date financial records, ensuring the accuracy of transactions and changes.
Participate in financial audits and provide necessary documentation.
Prepare balance sheets, and invoices, and handle client financial interactions.
Drive financial efficiency and cost-saving culture across all business areas.
Proactively identify and implement financial solutions to improve service levels.
Provide accurate financial reporting to Management, ensuring compliance with statutory requirements.
Establish standards and procedures for internal and third-party payments.
Review and recommend internal financial requests for management approval.
Organize and maintain electronic filing of invoices.
Track invoices from receipt to final payment, ensuring reconciliation with vendors.
Ensure compliance with company policies, procedures, and regulatory requirements.
Maintain accurate records on accounts receivable and payable.
Manage monthly deduction and remittance of statutory payments (PAYE, WHT, Pension, VAT).
Handle annual company tax returns and monthly bank statement reconciliation.
Conduct vendor reconciliation and analyze industry trends for improvement opportunities.
Perform quarterly budget analysis, comparing forecast to actual spending.
Create and implement financial policies to enhance operational efficiency.
Ensure compliance with corporate policies, internal controls, and accounting standards.
Understand cost drivers for accurate budgeting and forecasting.
Liaise with Human Resources, Outsourcing, and Admin/Operations on relevant business activities.
Participate in functions or career development training aligned with the accounting profession.

Requirements of Financial Accountant

Bachelor’s degree in Accounting, Finance, Business, a related field, or equivalent practical experience
4-5 years of accounting practice and/or industry experience
Experience with International financial reporting standards
ACA/ACCA or Equivalent is required
Strong working knowledge of Accounting software, microsoft and google Office suites
High-energy, self-motivated, team player with a desire to excel in demanding and fast paced detailed oriented environment
Ability to adapt quickly, work independently, take ownership, and work in a flexible team environment
Good understanding of Tax compliance
Ability to influence various stakeholders without formal authority
Ability and willingness to meet business critical deadlines.
Ability to work independently and be responsible to follow up on action items.
Excellent verbal, interpersonal and written communication skills.
Strong analytical, problem-solving and decision-making capabilities.
Team player with the ability to work in a fast-paced environment.
Ability to work with all levels of internal staff as well as outside clients and vendors.