Senior Finance Officer

Job Title:        Senior Finance Officer

Location:       Lagos                                                                  

Overall Purpose of the job:

Provide support to the Finance Manager

Responsibilities:

• Assisting in the preparation of Management Account.
• Provide advance receipt/down payment schedule from customers and status on each assigned customer.
• Supporting all financing transactions by compiling and tracking requests from prospective financiers.
• Ensure all vendors exist in SAP
• Ensure all payable related transactions generated are uploaded into SAP within 48 hrs after receiving the information/documentation.
• Ensure all payables are captured and posted into SAP
• Ensure all loans are tracked, exist in SAP and evidence of interest re-computation with bank charges available monthly.
• Ensures all posting initiated in SAP have records that are traceable and easily retrievable
• Ensure monthly cash projection and outgoing month’s cash flow performance are ready before the beginning of the new month.
• Ensure weekly cash projection and outgoing weekly cash flow performance report are ready on the first day of a new week.
• Manage the foreign payables spreadsheet
• Ensure all banks accurate reconciliation report are available for sign off at work day 5 of every new month.
• Develop a strong financial status to boost our cash flow position.
• Prepare financial statements (Profit and Loss Account, Balance sheet, Cash Flow statements, etc)
• Provide accurate payables aging report with schedule from SAP on monthly basis not later day work day of the new month.
• Ensure vendors’ reconciliation report are available at work day 5 of the new month.
• Accurate pay computation and pay run
• Ensure GL is reconciled to payroll schedule on a monthly basis and provide evidence.
• All reports received monthly as scheduled.
• Ensure accurate posting [accurate GL A/C] of vouchers with proper and sufficient description
• Ensure role is ready for external audit 30 days after year end.
• Ensure complete adherence to the finance manual except where impracticable.
• Ensure own roles in the finance manual is updated and agrees with actual practice.
• Ensure records are kept of all transactions generated.
• Ensure all posting in SAP have records that are traceable and retrievable.
• Better understanding of what is expected from the role
• Working knowledge of IFRS relevant to the role
• Ensure all regulatory payments are in the cash flow and settled when due [PAYE, CIT, Pension, WHT, VAT, Customs duties] etc.
• Demonstrate working and current knowledge of regulations as affect roles.
• Support and review day to day work of finance officers.

 Person Specification:

• A good university degree in accounting
• Knowledge of accounting standards
• Minimum of 5 years’ professional experience
• Must be able to maintain strict confidentiality of business and official matters
• ICAN/ACA/ACCA certification is required. Candidates in-view (professional stage) will be considered.
• Knowledge of SAP is required
• Strong experience/knowledge in Financial Reporting, Tax and IFRS is required
• Oil and Gas experience is an added advantage
• Strong financial acumen and analytical skills