Joint Venture Accountant
The Institute of Chartered Accountants of Nigeria
Lagos, Nigeria
8d ago
source : The Institute of Chartered Accountants of Nigeria
  • Validation of JV project payments and entries into project accounts with the Contract Administrator, Cost Accountant and Accounts Payable Manager.
  • Validation of JV Project sales inflows with Sales Managers and Treasury Operations.
  • Preparation of JV financial reports on monthly, quarterly and annual basis, covering the Statement of Affairs (SOA), Sales Summary and Cash Position.
  • Interaction with Project Managers and Director, Technical Operations, for status updates on JV projects.
  • Liaison with the Insurance Manager and Contract administrator on insurance matters and bond administration relating to JV projects.
  • Liaison with legal department on JV structure.
  • Participation in quarterly review meetings with JV partner representatives.
  • Ensure proper filing and archiving of all JV reports for ease of retrieval.
  • Coordinate the process of audit of the JV financial accounts leading to project closure.
  • Coordinate tax audit exercises that may arise on the JV projects
  • Participation in preparation of company’s annual business strategy in collaboration with the Leadership Team.
  • Review and validation of JV project disclosures in consolidated UPDC financial reports on quarterly and annual basis.
  • Tracking and reporting of updates on statutory requirements for JVs
  • Implementation of internal and external auditors’ recommendations on JV administration and reporting.
  • Assisting the Finance Director on other special assignments as may be required from time to time.
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