- Preparation of monthly financial reports
- Provide supervisory roles to all Finance team members
- Reversal and corrections of wrong postings and entries
- Posting periodic Journals (Provisions, Accruals & salary Journals)
- Post lifting bonus Accrued for the Month - while approval process is on. And posting actual bonus and rebates approved
- Review GL Postings of Charges on AGO with AGO Consumption Report and book any difference arising thereon
- Review Prepayment Schedule and post Recurring JVs on all Prepayment Balances. Ensure that new Prepayments are updated on Excel Prepayment Schedule.
- Review Accrual & Provision List to agree to the GL. Ensure that all previous provision & accrual are still relevant while those already settled are released.
- Post recurring entries (each entity should have list of recurring entries
- Prepare SFP analysis (Vendor, Debtor age analysis & Related Party Transactions)
- Preparation of balance sheet notes
- Review of accounts in general looking out for reasonableness of figures produced by the system (SAP)
- Make accruals for all services received but not invoiced
- Review & Reconcile Payroll Summary Report to the GL Accounts. Note movements in Previous Month & Current Month GL Balances.
- Review of all GL by the Accountant with CFO to confirm Completeness and Accuracy of GL Balances
- Prepare & Submit Comments on the Net Income Statements for Review & Discussion with CFO
- Support the analysis and evaluation of projects, initiatives and business plans to provide information for management decision-making
- Define and document credit guidelines, policies and procedures, ensuring inculcation of best practices and ensure adequate monitoring and management of credit exposure;
- Ensure effective utilization of financial resources to achieve cost efficiency;
- Proactively identify risks and define and implement strategies to prevent revenue leakages;
- Provide broad guidelines for the management of fixed assets from an accounting perspective, ensuring that organizational policies with respect to accounting for fixed assets are adhered to at all times;
- Keep abreast of changes and updates in macroeconomic policies and advise the Chief Financial Officer,
- Regularly update Accounting Policies and Procedures Manual and ensuring compliance with Group Policies and Procedures.
- Prepare and submit periodic reports to Chief Financial Officer and or the Regional Chief Finance Officer
Perform any other duties as may be assigned by the Supervisor
Requirements
- Minimum of bachelor’s degree (BSc) in Accounting/ Finance
- Full Grade Twelve Certificate
- Relevant professional qualification such as ACCA, CIMA among others
- Relevant, Recognized and Accredited Professional Accounting Qualification(s) is compulsory
- Minimum of ten (10) years progressive and relevant experience
- Hands on experience in ERP system, preferably SAP.
- Good understanding of micro and macro-economical indices and their impact on the business
- Good understanding of foreign exchange operations and regulations
- Proven experience in strategic financial planning and analysis
Benefits
- Medical Insurance Cover
- In-House Pension Scheme
- Short Term Incentives (STI)
- Life Assurance
