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19 Jul 2018

Full-time Arm Life Plc: Senior Accountant Recruitment

Nigeriabucket Staff Lagos, Lagos, Nigeria

Job Description

ARM is a leading group of companies situated in Nigeria with branches scattered across the country. ARM Life is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM). Its parent company, ARM is one of the largest non bank financial services firms in Nigeria with a focus on asset management of quoted equities and fixed income securities.

Senior Accountant Recruitment

Job Status: Full Time Job,Graduate/Exp

Remuneration: Attractive,

Location: Nigeria

Job Profile

Job Summary

  • Ensure that the management of the Group’s Financial Reporting functions (Group account consolidation, Accounting for Mutual Funds and management of Corporation Taxes) are consistent with the Group’s overall business strategies.
  • Manage procedures through implementation of control frameworks and best practice policies and procedures.

Principal Duties and Responsibilities

  • Oversee the Group Financial Reporting Unit
  • Oversee the preparation and presentation of ARM HOLDCO, ARM TAM, ARM Capital Partners and ARM- Harith Infrastructure monthly financial statement (Journal entries, Management accounts, Statement of Comprehensive Income, Statement of Financial Position) with detailed analysis for internal and external stakeholders
  • Monthly consolidation of ARM TAM, ARM HOLDCO & Subsidiaries accounts with detailed analysis.
  • Ensure that payments are made to and/or on behalf of clients, suppliers and other third parties on a timely basis and in accordance with the applicable Service Level Agreement.
  • Ensure that all transactions for the above entities and on behalf of clients are properly processed and captured in the appropriate accounting codes.
  • Review all general ledger accounts detailing assets, liabilities, and capital.  Review all reconciliations of general ledger accounts to applicable sub ledgers, and all inter-company accounts reconciliations.
  • Review monthly bank account reconciliations for the applicable accounts and ensure that all reconciling items are promptly cleared
  • Ensure the correct treatment of withholding tax and VAT in the accounts and also ensure the prompt remittance to the appropriate authorities to avoid any penalties.
  • Maintain close working relationships with all internal customers and key external partners as appropriate including clients, lenders, contractors & suppliers, auditors, business partners etc.

Other Responsibilities:

  • Monthly, quarterly & bi annual SEC, Trustees and other regulatory returns
  • Ensure compliance with International Financial Reporting Standards, other applicable accounting standards and company procedures. Continuously review the company’s financial control policies and procedures and make recommendations for improvement
  • Prepare documentation and account analyses required in connection with the requirements of our external auditors and other external reviewers.
  • Support the implementation of the Oracle ERP system and any other Management Information System necessary to effectively drive the company’s business
  • Prepare special analyses as required.
  • Perform other duties as assigned by the CFO and senior management.


  • Education Qualification: Minimum – B.Sc, M.Sc
  • Preferred Years of Experience: 10 year(s).

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Job Categories: Finance Jobs In Nigeria. Job Types: Full-time. Job Tags: ARM Life Plc jobs. Salaries: N300,000 - N400,000.


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