Finance Officer

Description

• To provide support in bookkeeping, capturing of accounting transactions, bank reconciliation and reporting on financial transactions.
• Prepares records for remittance of statutory deductions such as: Value Added Tax VAT, Withholding Tax WHT, Capital Gain Tax and staff related statutory payments i.e. PAYE, Pension, NHF, etc.

Responsibilities

• Updates account payable and receivable ledgers for all purchases, including payments to vendors for products or services.
• Receives invoice and requisition for goods and services and also process payments accordingly.
• Prepares and update prepayments, accruals and provisions schedules and ledger.
• Prepares weekly report for payment transactions.
• Prepares periodic or monthly reconciliation of all accounts to ensure accuracy and completeness.
• Relates effectively with the organisation’s financial service providers.
• Documents and update records of all fixed assets to ensure assets are properly valued, accounted for and safeguarded.
• Reviews records for remittance of staff related statutory payments i.e. PAYE, Pension, NHF, etc.
• Prepares monthly account and compute appropriate taxes; VAT and WHT schedules.
• Processes expense retirement ledgers to ensure proper accountability of all cash advances.
• Assists in the generation of financial reports as required by management.
• Handles all aspects of assigned bookkeeping activities such as journals and nominal ledger administration by updating the accounting application with transactions as they occur.
• Implements accounting controls in day-to-day performance of tasks e.g. confirm the accuracy of general ledger codes on the accounting system.
• Documents and updates records of all assets to ensure proper valuation and security.
• Collates and consolidates financial information from all business units and prepares trial balances.
• Performs other duties that may be assigned by the  Accountant
• Financial management, accounting, analysis
• Management Accounting
• Accounting systems and standards
• Knowledge of financial policies and procedures
• Financial reporting and budgeting
• Knowledge of ERP Accounting application
• Account reconciliation
• Leadership
• Problem solving and analytical skills
• Team development
• Interpersonal
• Attention to detail
• Communication written & verbal.