Job Objective
Oversight of the finance department to ensure timely and effective operation of all departmental processes
Maintaining accurate and reliable books of accounts for the company.
Preparation and submission of management reports, statutory reports and remittance of statutory deductions as at when due
Key Responsibilities and Accountabilities
Preparation and submission of management and statutory reports as at when due
Ensure all the statutory deductions are properly computed and remitted as at when due.
Primary management of the company’s relationships with statutory authorities (e.g. PenCom and tax authorities), and other relevant parties (e.g. external auditors and tax consultants), on issues pertaining to the company’s financial affairs
Oversight and ownership of audits and examinations in relation to the company’s financial affairs (e.g., annual audit of the company’s accounts and tax audits).
Responsibility for reconciliation of all the company’s bank and ledger accounts
Preparation and monitoring of the company’s annual budget in consultation with executive management and other departmental heads.
Authorization of ledger postings and movement of funds in and out of company accounts
Ensuring that approved budgets are properly implemented
Ensuring timely and accurate posting of all the company’s financial transactions
Responsibility for safe-keeping of all documentation and records relating to the company’s financial transactions
Reconciliation of all bank statements to the bank general ledger as well as other individual general ledgers.
Ensuring prompt review of the monthly payroll
Expense review and authorization
Liaising with PENCOM on reconciliation issues concerning the company’s accounts.
Authorization of posting in Sybase to general ledger.
Liaising with various bank account officers on any issues that have to do with movement of funds in and out of the company’s accounts.
Analysis and interpretation of financial data, and recommendation of changes to improve systems and financial performance
Providing leadership and guidance to direct reports
Any other duties as may be assigned by the managing director from time to time.
Required Skills and Competencies
First degree in accounting, finance, economics, or any related discipline.
Relevant professional qualification; e.g. ACA, ACCA.
Knowledge of IFRS and GAAP
Knowledge of Nigerian tax laws
Sound writing and verbal communications skills.
Understanding of financial techniques and business concepts and ability to express these concepts in clear, concise instructions.
Experience in identification and interpretation of financial issues and their consequences.
Good negotiation and presentation skills.
Excellent analytical skills
Proficiency in Microsoft Excel
Good interpersonal and relationship management skills.
Team-oriented working skills.
Ability to work under pressure
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