Finance Associate at Farmz2U

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
14 days ago

Additional Details

Job ID
121707
Job Views
35

Job Description






 About The Role




  • The Finance Associate will support our global financial operations by ensuring accurate financial reporting, effective cash flow management, and compliance with tax regulations. This role requires expertise in accounting software, financial forecasting, expense management, and investor reporting.

  • As a key member of the finance team, you will collaborate with accountants, tax consultants, auditors, and internal stakeholders to maintain financial accuracy and transparency.



Key Responsibilities



Financial Analysis & Reporting




  • Prepare and present monthly variance reports to senior stakeholders.

  • Conduct financial trend analysis to identify anomalies and risks.

  • Develop and monitor key performance indicators (KPIs) for financial productivity.

  • Generate quarterly and annual investor reports and financial statements.



Accounting & Reconciliation




  • Oversee monthly financial statements, bank reconciliations, and tax calculations with accountants and auditors.

  • Execute month-end closing activities and generate weekly management dashboards.

  • Ensure timely and accurate payroll processing using Bento.

  • Maintain accounts receivable (AR) and accounts payable (AP) schedules.



Expense & Cash Flow Management




  • Process expense reimbursement requests, ensuring compliance with company policies.

  • Monitor outstanding payments from buyers and coordinate with the credit recovery team.

  • Ensure timely payment of operational expenses (e.g., rent, services).

  • Establish efficient pricing and revenue models in collaboration with stakeholders.



Regulatory Compliance & Audit




  • Guarantee timely regulatory filings using tax portals like E-tax & Tax Pro Max.

  • Maintain financial documentation for internal and external audits.

  • Oversee compliance with PAYE, WHT, VAT, and corporate tax regulations.



Access & Tools You’ll Work With




  • Accounting Software: Full access to QuickBooks, Xero, or TYMS.

  • Payroll Management: Bento for salary disbursements & employee loans.

  • Tax Compliance: E-Tax (LIRS), Tax Pro Max (FIRS) for tax remittances.

  • Financial Data: Access to bank statements, investor reports, and payment records.

  • CRM & Communication Tools: Email & shared financial storage systems.



Education & Experience:




  • BA/BSc in Accounting, Finance, Business Administration, or related field.

  • 2+ years of experience in financial analysis, accounting, or operational finance.

  • Strong knowledge of financial reporting, reconciliations, and tax regulations.



Technical & Soft Skills:




  • Proficiency in Accounting Software (QuickBooks, Xero, or TYMS).

  • Understanding of Payroll Systems & Tax Compliance.

  • Data Analysis & Financial Modeling for forecasting and variance reporting.

  • Excellent communication & stakeholder engagement skills.

  • Attention to detail & problem-solving mindset.



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