Job Description
Sector: Finance
Job Type: Full Time / Part Time
Function of Department
- The Finance function’s role is to provide a complete accounting and financial management service to enable Crown Agents Nigeria to meet statutory requirements and exercise effective financial control over the Crown Agents business.
Main Job Purpose
- Reporting to the Country Director, the role is responsible for the overall finances of Crown Agents Nigeria.
- The role will provide a complete financial and management accounting service to enable the CA Nigeria to meet the external statutory financial and tax requirements while adhering to Crown Agents internal accounting policies and procedures.
- The role will also include line management of the Finance and Admin Officer.
Main Responsibilities
Financial Accounting:
- Ensure comprehensive financial accounts are maintained for CA Nigeria in order to comply with local regulations & corporate governance.
- Record all financial transactions by entering them into the accounting system (including but not limited to sales invoices, purchase invoices, supplier payments).
- Review the monthly P&L and balance sheet of the CA Nigeria, ensuring that the balance sheet is reconciled on a monthly basis.
Management Accounting:
- Manage and review monthly management accounts providing detailed commentary for actual versus budget analysis.
- Assist management with the preparation and review of required budgets and forecasts, including the annual corporate CA Nigeria budget.
- Preparation of meaningful statistics, KPIs and variance analysis.
- Posting of required month end journals such as accruals and prepayments.
Project Accounting:
- Manage the project accounting for any locally delivered contracts.
- Work with project managers to ensure project expenditure incurred in line with budget whilst adhering to all client and internal CA controls
- Support in the preparation and submission of client reports as and when required.
Treasury:
- Forecast cash flow positions, related funding needs from UK HQ, and available funds for HQ cash-pooling.
- Ensure that sufficient funds are available to meet ongoing operational and project delivery requirements.
Payroll:
- Undertake the preparation of the monthly payroll ensuring all necessary payment adjustments and deductions are efficiently and accurately reflected.
- Ensure compliance with internal CA payroll policies as well as local statutory payroll and tax requirements.
Control Function:
- Ensure that adequate financial and internal audit controls are in place, are aligned with group polices and are monitored on a regular basis.
- Substantiate financial transactions by reviewing and verifying supporting documentation.
Taxation / Company Secretarial:
- Ensure that local taxation requirements for the CA Nigeria are adhered to including meeting Revenue Authority deadlines (corporation tax, sales tax, withholding tax, payroll etc).
Fixed Assets:
- Manage the fixed asset process, ensuring assets are correctly capitalised, depreciated and disposed in line with internal controls and processes.
Line Management:
- Line manage and successfully develop the Finance and Admin Officer.
- Ensure the outputs of the Finance and Admin Officer are in line with expectations and allow for achievement of CA Nigeria’s finance requirements.
Qualifications
- Minimum of a Degree in Accounting, Finance or a related field from a recognised institution plus a professional qualification such as ACA, ACCA, CIMA or equivalent locally recognised qualification.
Experience:
- Minimum of 5 years professional experience in finance
- Proven track record in financial accounts and management reporting
- Ability to handle multiple tasks simultaneously, set priorities and work independently
- Experience of working in an international organisation.
- Knowledge of local tax legislation is required.
- Experience with Sun Accounting System (desirable not essential).