Description
The Finance Officer oversees the organization’s financial operations and maintains rigorous financial oversight to ensure compliance and accuracy in all transactions.
Responsibilities
Key duties encompass planning, organizing, and executing assigned tasks to ensure efficient operations and adherence to established standards. Additionally, the role involves collaborating with cross-functional teams to achieve project objectives and deliver high-quality outcomes. Responsibilities also include monitoring performance metrics, identifying areas for improvement, and implementing corrective actions as necessary. Furthermore, the position requires maintaining accurate records, preparing detailed reports, and communicating progress updates to stakeholders.
In addition to financial planning and budgeting, the incumbent will be responsible for developing and annually updating comprehensive budgets and financial projections.
Evaluate budget execution on an ongoing basis and propose strategic modifications as needed.
Maintain precise and up-to-date financial records through diligent accounting and bookkeeping practices.
You will be responsible for accurately documenting and reconciling financial transactions to ensure the integrity of financial records. This includes maintaining detailed logs of all financial activities and verifying discrepancies to uphold compliance with accounting standards.
Processes payments to vendors and suppliers as part of the Accounts Payable and Receivable functions.
Track and gather overdue accounts receivable to ensure timely collection.
Prepare monthly, quarterly, and annual financial statements to ensure accurate and timely reporting of financial performance.
Prepare and present financial reports in a clear, concise manner to facilitate informed decision-making by upper management.
Monitor cash inflows and outflows to ensure accurate tracking of financial transactions.
Guarantee that adequate financial resources are consistently maintained to support operational activities.
We oversee the payroll administration process, ensuring accurate processing of employee salaries along with all statutory deductions.
Ensure that all taxes, pensions, and other mandatory deductions are remitted in a timely manner.
Compliance and Tax Management involves overseeing and ensuring adherence to regulatory standards, as well as managing all tax-related obligations. This role requires a thorough understanding of tax laws and compliance frameworks, along with the ability to implement policies that mitigate risks and ensure organizational compliance. Responsibilities include preparing and filing tax returns, conducting audits, and maintaining accurate financial records in alignment with legal requirements. Strong analytical skills, attention to detail, and proficiency in tax software are essential for success in this position.
Ensure adherence to all relevant financial regulations as well as established company policies and procedures.
Prepare and submit tax returns as well as required statutory reports in accordance with applicable regulations and deadlines.
Internal Controls and Audits: Establish and maintain robust financial control frameworks designed to mitigate the risks of fraud and financial discrepancies.
Facilitate the execution of both internal and external audit processes to ensure compliance and operational integrity.
Manage relationships with banks, vendors, and regulatory bodies to ensure effective vendor and stakeholder management.
Reconcile vendor accounts and address any discrepancies in payments to ensure accuracy and timely resolution.
Conduct comprehensive financial analysis by evaluating data and identifying key trends to inform strategic decision-making.
Suggest strategies to enhance profitability and reduce operational costs.
Proficient candidates should possess strong analytical capabilities, exceptional communication skills, and the ability to work collaboratively within a team environment. Prior experience in project management or a related field is highly desirable, along with a solid understanding of industry-specific software and tools. Proficiency in data analysis and reporting is essential, and familiarity with regulatory compliance standards is a plus. Additionally, the ideal applicant must demonstrate adaptability, problem-solving acumen, and a commitment to continuous professional development.
Conduct financial reporting and perform in-depth analysis to evaluate performance, identify trends, and provide actionable insights that support strategic decision-making.
Develops and maintains comprehensive budgets and financial forecasts to support strategic decision-making and ensure financial stability. Analyzes historical data, market trends, and operational metrics to identify variances, assess risks, and recommend corrective actions. Collaborates with department heads to align financial plans with organizational objectives, ensuring efficient resource allocation. Prepares detailed reports and presentations to communicate insights and facilitate informed business choices.
Proficient in utilizing advanced accounting software platforms to streamline financial processes, ensure accuracy in data entry, and generate comprehensive reports for stakeholders. Skilled in leveraging automation tools to enhance efficiency and reduce manual errors in routine accounting tasks. Demonstrates a strong understanding of software functionalities, including general ledger management, payroll processing, and tax compliance features. Adept at troubleshooting technical issues and optimizing system performance to support seamless financial operations. Requires hands-on experience with widely used accounting software such as QuickBooks, Xero, or NetSuite, along with a commitment to staying current with industry-standard advancements.
Ensures meticulous focus on all aspects of assigned tasks, prioritizing accuracy and precision in every deliverable. Requires careful examination of data, documents, and processes to identify discrepancies, errors, or inconsistencies. Strong concentration skills are essential to maintain high standards and meet strict quality benchmarks. This attention facilitates the prevention of costly mistakes, enhances operational efficiency, and supports overall project success.
Proficient in numerical analysis and adept at applying analytical methodologies are essential for success in this role. The incumbent must possess strong quantitative abilities and a systematic approach to problem-solving to effectively interpret data and derive meaningful insights.
Proficiency in tax legislation and financial compliance standards is required.
Demonstrates exceptional ability to convey ideas clearly and collaborate effectively with diverse teams. Strong interpersonal skills facilitate productive relationships with colleagues, clients, and stakeholders.
go to method of application
Qualified candidates who meet the requirements are encouraged to submit their resume via email to hr@healthassur.com, ensuring the job title is included in the subject line.
Qualifications
BA/BSc/HND
