Senior Accountant at the African Trade Insurance Agency (ATI)

The African Trade Insurance Agency (ATI) is a pan-African multilateral financial institution established in 2001 by African States. ATI was originally launched with the technical and financial support from the World Bank Group and has had more recent support from the African Development Bank. ATI has grown into a market leader for risk mitigation in Africa, establishing itself as Africa’s primary trade and investment insurer and one of Africa’s largest Development Finance Institutions with an outstanding portfolio exceeding US$6bn at year end 2019.

We are recruiting to fill the position below:

Job Title: Senior Accountant

Location: Nigeria

Primary Responsibilities

Reporting to the Chief Financial Officer, the Senior Accountant is responsible for the following:
Develop, maintain and implement proper operational controls for financial efficiency
Ensure complete operational compliance with manuals and policies, Board and Management financial instructions and any applicable agreements
Ensure that proper books of accounts are kept and are free of mistakes
Ensure that deadlines are observed
Manage monthly closure of accounts and ensure compliance with ATI’s Financial Statement Close Process (FSCP)
Prepare, on a monthly basis and in timely manner, the financial reports, trend analysis, cash-flow projections, performance analysis, variance analysis (against the budget)
Assist in the preparation of quarterly reports to the Board of Directors
Prepare the annual Financial Statements in accordance to IFRS in timely manner
Keep abreast of new amended and revised IFRSs, analyzing their impacts and making sure they are timely and properly implemented
Coordinate with internal and external auditors
Ensure that all standing instructions requiring any input control or action by the accounting unit are met and observed precisely and correctly at all times
Supervise the work performed by the Accountants and ensuring all items are timely and properly booked, reviewing all journal entries before actual postings, reviewing all bank and balance sheet balance sheet reconciliations on a monthly basis and ensuring that all reconciling items are resolved in timely manner
Maintain and improve ATI’s accounting systems in liaison with the consultants and/or the software developers
Manage the annual budgeting process
Participate in the approval process of both capital and operational expenditure and ensuring budget availability
Keep the CFO fully informed at all times of any adverse or unusual circumstances which may affect the ATI’s financial position
Oversee the administration of the payroll
Oversee the maintenance of the fixed asset register and ensuring its accurateness and completeness
Maintain and improve manuals, policies and procedures
Perform such other duties as may be assigned to you from time to time