Finance & Accounting Officer

Job title : Finance & Accounting Officer

Responsibilities

• Maintain accurate financial records, including ledgers, journals, and statements.
• Ensure proper documentation and filing of all financial transactions.
• Process and manage invoices, payments, and receipts.
• Monitor and reconcile accounts payable and receivable.
• Follow up on outstanding payments and resolve billing issues.
• Assist in preparing and monitoring budgets.
• Provide financial forecasts based on historical data and current trends.
• Identify variances between actual and budgeted figures and explain discrepancies.
• Prepare monthly, quarterly, and annual financial reports, including balance sheets, income statements, and cash flow statements.
• Assist with year-end closing and prepare financial statements for auditing purposes.
• Reconcile bank statements with internal financial records.
• Investigate and resolve any discrepancies between the bank and company accounts.
• Ensure compliance with financial regulations, accounting standards, and internal controls.
• Assist in external and internal audits by providing necessary financial information and supporting documentation.
• Manage payroll processing, including calculating wages, taxes, and deductions.
• Ensure timely and accurate payment of salaries to employees.
• Prepare and file taxes, including VAT, income tax, and other regulatory filings.
• Stay updated on tax laws and regulations to ensure compliance.
• Monitor expenses and identify areas for cost reduction.
• Provide analysis on cost-saving opportunities and recommend strategies for financial efficiency.

Qualifications / Experience

• Accounting and / or Finance from a reputable university (exceptional HND candidates will be considered)
• Professional accounting qualification (ACCA, ACA, ICAN), MBA or equivalent postgraduate management degree will be an advantage
• Cognate 1-3 years' work experience
• Ability to prepare and maintain full set of management accounts
• Practical financial modelling / forecast skills and strong understanding of tax issues
• Excellent use of modern accounting software such as SAGE, etc.
• Excellent organizational, problem solving and communication skills
• Excellent mathematical and numerical skills