Accounting Jobs in Lagos at Purpose Built Services Limited (PBSL)

Purpose Built Services Limited (PBSL) commenced operations as a microfinance institution on 01 August 2012. The Company is licensed by Lagos State Government to operate as a Money Lender.
PBSL provides emergency loans and advisory services to professionals and entrepreneurs in order to enable them achieve their financial goals and support their families.

Purpose Built Services Limited (PBSL) is recruiting to fill the positions below:

Job Title: Senior Accounts Officer
Location: Lagos
Job Description

• Responsible for processing, recording, updating and reconciling fiscal information in compliance with established policies; providing instructions, recommendations and/or accounting support to other personnel; and analyzing expenditures against budget.
• Distribute all approved LPOs and Work orders to the various Vendors.
• Receive all invoices for jobs completed by Vendors.
• Ensure approval and sign off by the respective Supervisors.
• Distribute all cheques received from the CEO to the various respective vendors.
• Keep a record of all cheque received and disbursed to vendors.
• Maintain a cash book and render weekly returns to the CFO.
• Monitor overdrawn balances or large and bring unusual transactions to CFO’s attention.
• Raise direct debits and gift aid payments, as required by the management.
• Contribute to the planning for the year-end accounts process and annual audits.
• Contribute to the yearend file, including all working papers and back up documentation for the accounts.
• Control the profit and loss account ensuring creditors and debtors are correctly attended to.
• Establish and maintain supplier accounts and pay suppliers whilst prioritising payments in consultation with the Accountant and CFO if cash flow is limited.
• Post sales and purchase invoices to ledgers.
• Post journal entries to SAGE
• Summarize all cash requests as approved by the MD, CFO and the CEO
• Collate all retirements from staff and officers for all cash advances and reconcile
• Ensure all monies are correctly banked and posted onto the Sage system.
• Establish and maintain cash control systems
• Monitor and pay staff expenses
• Attend regular operational meetings and supply information on vendors balances, payments made on jobs and outstanding upon demand.
• Keep adequate records of creditors at all times for management information.
• Perform fund transfer via banks, daily payment schedule and posting of new receipts.

• Heavy SEC reporting in background with strong technical accounting experience
• Strong upstream, Exploration and Production accounting knowledge
• Public accounting experience highly preferred
• Experience working in fast paced, dynamic environments that have required adaptability and flexibility to be successful
• Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to board, investor groups or other outside partners
• Ability to act and operate independently with minimal daily direction from supervisor to accomplish objectives

• Degree in Accounting, Finance or a related course
• IFRS Certification required
• ICAN/ACCA Membership required
• 6+ years of progressively increasing responsibilities

• Responsible for the validity of all accounting reports. Ensures all laws and regulations are followed precisely when recording reports.
• Conducting audits or supporting external audits to stay updated on all of the financial activity to ensure finances are in order.
• Assist the CFO to develop and update accounting, finance and management policies and procedures in accordance with IFRS
• Implement the accounting/finance and management policies using SAGE and to produce the monthly management accounts by the 15th working day of the month following the accounting period.
• Coordinating the Accounts Department and managing team effort
• Reconciling control accounts and sorting out the discrepancies and making recommendations to CFO
• Projects evaluation and appraisal/bidding.
• Non – Current Assets Management.
• Preparation of budgets and reports.
• Preparation of other financial information for executive management use as required from time to time.
• Liaising with the relevant statutory bodies – NEITI, Auditors, DPR etc.
• Inventory Control & Treasury Management.
• Cost management and costing system supervision.
• Supervision of the internal control procedures and the continuous evaluation of its effectiveness.
• Propose yearend adjustments and preparing annual financial statements
• Develop reports for CFO summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and assists the CFO with the preparation of strategic plans, budgets and financial forecast
• Effective Cash Flow Management.
• Monitoring budgets and comparing them with actual cost and revenues related to operation and capital.
• Proposing yearend adjustment and preparing annual financial statements in compliance with IFRS
• Reviewing and posting all processed transactions in Sage
• Reviewing all taxes calculations and Bank Reconciliations
• Ensuring well-kept filling system and data base for all financial information
• Maintain and distribute accounting manual and ensure this is in compliance with IFRS and actual practices.
• Formulating Group-Wide Controls and procedures and monitoring implementation
• Liaising with the External auditors to ensure smooth audit timetable completion
• Liaising with the banks and other financial institutions as and when required

• Heavy SEC reporting in background with strong technical accounting experience
• Interpret financial data, auditing, and strategic thinking.
• Strong interpersonal and communication skills; experience in
• effectively communicating key data, including presentations to board,
• investor groups or other outside partners
• Strong upstream, Exploration and Production accounting knowledge
• IFRS, working capital, cash flow control and management accounts
• Budget Preparation, financial forecasting, economic awareness and analysis
• Ability to manage operations within budgetary constraints

• Master’s Degree in Accounting, Finance and related courses
• ICAN/ACCA and other professional memberships required
• IFRS Certification
• Strong upstream, Exploration and Production accounting experience
• 10+ years of progressively increasing responsibilities