The Finance Executive is responsible for leading and managing the company's finance functions, ensuring the integrity of financial records, effective treasury and cash management, accurate financial reporting, statutory compliance, budgeting, payroll administration, tax management and the implimentation of sound financial controls.
The role supports strategic decision making by providing timely and accurate financial information while safeguarding the company's financial assets and snsuring compliance with applicable laws, regulationns and internak policies.
Key Responsibilities
Prepare the company's annual budget and support periodic budget reviews and forecasts
Prepare monthly, quarterly and annual management accounts, financial reports and board reports
Prepare monthly accurals, prepayment, journals and other accounting adjustment
Manage the company's treasury function by overseeing cash flow, liquidity and working capital requirement
Manage banking relationship and oversae all banking transaction
Prepare periodic cash flow forecasts to ensure adequate funding for operational requirement
Invest surplus funds in approved fixed deposit and money market instruments in accordance with company's investment policy, ensuring optimal returns, capital preservation and adequate liquidity
Maintain effective account payable and recievable system
Review invoices and payment requests to ensure appropriate approvals, budget availability, validity of claims and adequacy of suporting document
Prepare, reconcile and maintain statutory tax accounts including VAT, Withholding Tax (WHT) PAYE and other applicable taxes
Ensure compliance with tax laws, pension regulation and other statutory requiement
Identify financial risk and recommend appropriate mitigation measures
Safeguard the company's financial assets and ensure proper custody of financial records
Required Qualifications
Bachelor's Degree in Accounting, Finance, Economics or related discipline
Professional accounting qualification (ICAN, ACCA, or CPA) is mandatory
5 - 10 years of progressive experience in accounting, finance, treasury, budgeting, taxation and financial reporting
Demonstatred experience managing the finance function of an organization
Sound knowlegde of International Fianacial Reporting Standard (IFRS), Nigerian tax laws and relevant financial regulations
Proficiency in accounting software and advanced microsoft excel.
Key Competencies:
Financial Management
Financial Reporting
Treasury and Cash Management
Budgeting and Forecasting
Tax Planning and Compliance
Accounts Payable and Receivable Management
Payroll Administration
Internal Controls and Risk Management, Audit Cordination
Fianncial Analysis
Advance Microsoft Excel
Analytical and Problem-Solving Skills
Planning and Organising
Attention to detail
Integrity, Comfidentiality and Professional Ethics
Effective Communication and Stakeholder Management.