Responsible for day-to-day activities of finance team within her department and provide direction to employees according to policies & procedures.
Responsible for preparation of revenue projections and forecasting expenditure and ensure adequate cash flow for continuing operations.
Ensure timely settlement of Merchant accounts in line with bitMARTe SLAs.
Ensure timely settlement of 3PLs and all other service providers accounts in line with bitMARTe SLAs.
Prepare financial analysis and reports weekly reports and advise management on weekly business trends along with recommendations for improvement.
Participate in the month end close activities including the preparation and review of journal entries and review of budget-to-actual reports.
Prepare and review monthly reconciliations of assigned balance sheets account and ensure that general ledger accounts are reconciled.
Prepare and present monthly financial performance, recommendations, and advice to the management
Provide support to the Finance Manager in the forecasting, budgeting, monitoring, and reporting of the operating and capital budgets and financials.
Generate financial ratios between current and prior year values in the Statement of Financial Position, Statement of Comprehensive Income and Statement of Cash Flow Statements
Develop cash flow projections for funded and support activities.
Participate in annual audit preparations.
Support junior staff as required and perform other accounting duties as assigned
Supervise inventory audit at the Hubs
Responsible for recommending and implementing system improvements including accounting process design.
Supervise preparation of merchant payments daily
Supervise preparation of 3PL and vendor payments monthly
Ensure that Merchant Account records are maintained and up to date
Responsible for approving placement and release of payment holds
Responsible for approving refunds and chargebacks due to buyers
Overseeing preparation of Daily, Weekly and Monthly financial reports
Reviewing remittances to statutory bodies
Responsible for Financial resolutions with merchants/buyers
Support to Merchants for Financial Solution product
REQUIREMENTS:
Minimum of ten (10) years’ working experience as an Accounting or finance function
A First Degree in Accounting, and/or Finance or (certification in corporate Finance)
A Postgraduate or master’s degree in a related field is an added advantage
Held a supervisory positions for at least 2 years and lead teams successfully.