• Application Deadline:
• Position: Finance Processing Supervisor (Team Lead)


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Responsibilities

• Complete, Accurate and Timely Invoicing (Billing Process)


• Review of Invoice details, including related Output VAT (CHARGED) and journal entries.


• Confirmation of accuracy of Processed Sales Invoices Schedule, and Output VAT (CHARGED) Schedule.


• Review of Credit Memos/Notes, including related Output VAT (CHARGED) and journal entries.


• Confirmation of accuracy of Processed Credit Memos/Notes, and Output VAT (CHARGED) Adjustments Schedule.


• Review of customers’ payments, including related WHT (PAID) and journal entries.


• Confirmation of accuracy of Customer Payments Schedule and Processed WHT (PAID) Schedule.


• Co-ordinate the administering of each customer activities in line with the terms of reference of the company’s credit policy and ensuring that all customers pay for their services promptly.


• Facilitate timely reconciliation of account receivable customers’ ledger accounts to ensure accurate and correct balances at all times.


• Attend reconciliation meetings with customers any time such is requested for and/or required.


• Review and confirm Account Receivable Schedule and Age Analysis.


• Follow up on customers’ payment until payments are received within the terms of payment.


• Co-ordinate the circularization of customers twice a year; mid-year and year-end audit period and ensuring 100% response rate via collaboration, cooperation, and synergetic efforts.


• Preparation of credit control report and presentation


• Preparation and submission of credit bureau reports


• Presentation at Credit Control Committee meetings


• Active follow up on matters arising from CCC meetings till satisfactory resolution.


• Review of staff expense claims, petty cash settlements and reimbursements, cash advances as well as related VAT (PAID), WHT (COLLECTED) and journal entries.


• Confirmation of accuracy of Staff claims and payments, including VAT (PAID), WHT (COLLECTED), and Cash Advances Schedules.


• Complete, Accurate and Timely Payment of External Expense Claims (Expense Process)


• Review of vendors and other 3rd party payments, as well as related VAT (PAID), WHT (COLLECTED) and journal entries.


• Confirmation of accuracy and application of Credit Notes, where applicable, as well as the VAT (PAID), WHT (COLLECTED), Processed Procurement and other Vendor Payments Schedule.


• Seeking clarifications from requesters to ensure accurate treatment of expense claims


• Notifying requesters upon application of credit notes and payments


• Timely reconciliation of account payable customers’ ledger accounts to ensure accurate and correct balances at all times.


• Co-ordinate the circularization of customers twice a year; mid-year and year-end audit period and ensuring 100% response rate via collaboration, cooperation, and synergetic efforts.


• Complete, Accurate and Timely Processing of Accruals and Amortisations (Expenses and Revenue Process)


• Co-ordinate the Analysis, reconciliation, batching and posting recurring revenue using journal batch into the revenue ledger from contract liability ledger.


• Review of general journals such as audit and reconciliation journals, reversals, etc. Co-ordinate the classification, coding, and recording of financial transactions and posting of entries to general ledger.


• Periodic call over of accounting transactions as may be prescribed / assigned


• Periodic review and confirmation of general ledger balances as may be prescribed / assigned.


• Reconciles contract liability ledger monthly, quarterly, half-yearly and annually, and submit the report thereof.


• Checks balance statements and other information provided by financial institutions and always maintain a reconciled balance.


• Reconciles accounts, posts journal entries, maintains a general ledger in accordance with accounting principles and reporting vis-à-vis applicable IFRS and IAS standards.


• Maintains accurate financial records, account books, as well as sales, purchase, and cash journals.


• Preparation and presentation/submission of periodic operational and regulatory reports.


• Administering department’s petty cash, imprest, and reconciliations.


• Filing/archiving of relevant and required accounting transaction records in a secure and efficient manner.


• Preparation of miscellaneous spreadsheets, graphs, and tables.


• Preparation and processing supporting documentation for various month end journals, sign-off and appropriately filing for easy of retrieval as and when needed.


• Ensuring the timely reporting and rendition of error-free periodic financial information as may be required.

Other Administrative Accountabilities

• Provision of advice to clients regarding procedures relating to accounts receivable, accounts payable, wire transfers and other related claims.


• Active participation in the year end cash count exercise preparatory to annual statutory audit.


• Active participation in the year end annual statutory audit, due diligence other audit exercises.


• Other duties/functions as maybe delegated and/or assigned from time to time.


• Effectively manage interdepartmental relations to ensure smooth operation of activities.


• Liaise effectively and proactively with other team members to ensure timely generation of reports.


• Provide support to and teach/mentor other team members on accounting treatment of transactions when necessary


• Liaise effectively and proactively with the designated coordinators of internal and external audit exercises to ensure smooth and hitch-free outcomes.


• Coordination with other team lead in the department of Finance vis-à-vis monthly Business Performance and Financial Reporting.

Leadership Skills:

• Effectively serve as quality assurance person for the team.


• Accountability, including great respect for policies and deadlines.


• Supports implementation of new accounting requirements with adequate and necessary inputs and cooperation.


• Responsible for stepping in for the team members in the event of absence to always ensure a seamless service by the team.

Academic Qualification and Experience

• BSc or HND in Accounting, Finance, Business Administration, or Any Numerate Field


• Minimum of 5 years relevant experience in multiples of invoicing, expense processing, account reconciliation, accounting, bookkeeping, cash handling, financial reporting, and journal entries


• Hands-on experience on the use of any Accounting or ERP application.


• Strong comfortability with financial arithmetic and calculations.


• Proficiency in the use of spreadsheet - MS Excel, MS Word, and MS Power Point.