The Finance Officer will undertake all aspects of financial management, including corporate accounting, regulatory and financial reporting, and budget and forecasts preparation. The finance officer’s responsibilities will also include tax management and administration, performance management and conducting of cost and revenues analyses.
Responsibilities
Preparation of monthly, quarterly and annual management account for management and regulators.
Calculate variances from the budget and report significant issues to management.
Provide for a system of management cost reports.
Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations.
Ensure that financial reports comply with current accounting principles and financial reporting standards.
Publish complete and timely financial statements to company executives, shareholders, and the board.
Recommend benchmarks for the measurement of company financial performance goals.
Responsible for the filing of quarterly and annual reports with regulatory bodies
Maintain a documented system of accounting policies and procedures Support accounting operations of the company and its subsidiaries Ensure that account payables are paid in a timely manner
Ensure that all reasonable discounts are taken on accounts payable
Maintain the chart of accounts and manage GL for accuracy Management of tax- VAT, WHT, PAYE.
Liaise with the company’s tax consultant, auditor and regulators for efficient tax management Advise and liaise with Finance Operations on transaction postings to ensure that the correct GL are credited or debited
Provide regulatory reports to compliance for rendition
Coordinate the provision of information to external auditors for the annual audit
Comply with local, state and federal government reporting requirements and tax filings
Ensure full compliance with all applicable SEC rules, regulations and country laws
Requirements
Bachelor’s Degree in any of the following discipline (Economics, Accounting or Finance related course).
5-8 years working experience in the finance sector – Commercial Bank, Investment Banks, Merchant Bank, Finance House or National Microfinance Bank.
MSc or MBA in Finance will be an added advantage.
Must possess professional qualifications such as ICAN, or ACCA
Knowledge of business management and financial advisory principles
Experience with financial reporting requirements- IFRS and IAS