Month End Financial Reporting Activities:

• Preparation of monthly Management accounts to include Statement of Financial Position, Statement of Profit or Loss & other Comprehensive, Statement of Cashflow, notes to financial statements, supporting schedules, and other relevant financial reports.
• summarize and interpret current and projected company financial position, on a timely basis in line with published monthly financial schedules.
• Maintenance of General Ledgers ranging from Posting of month end Journals, GL reviews to detailing assets and liabilities.
• Ensures all transactions are appropriately captured /maintained in relevant databases.
• Constant review of the expense, revenue and other components of the annual budget to determine the accurate financial position of the organization at all times and for recommending suitable actions.
• Constant reviews of the fixed assets register to ensure that entries are accurate and up to date.

Expense/payables:

• Ensure that payments are made to and/or on behalf of clients, suppliers and other third parties on a timely basis and in accordance with the applicable Service Level Agreement.
• Transaction Processing: Ensure that all transactions for the company and on behalf of clients are properly processed and captured in the appropriate accounting codes

Bank/Intercompany Reconciliation:

• Review all reconciliations of general ledger accounts to applicable sub ledgers, and all intercompany accounts reconciliations.
• Prepare monthly bank account reconciliations for applicable accounts and ensure that all reconciling items are promptly cleared.
• Supervise and coordinate all banking activities including prompt banking of all cheques and ensuring that the appropriate cash (local & foreign) is available to meet the company’s needs.
• Coordinate the opening of bank accounts as required.

Statutory Remittance:

• Remit all statutory payroll deductions (PAYE and pensions) to the appropriate authorities within the stipulated timeframe
• Ensure the correct treatment of withholding tax and VAT in the accounts and ensure the prompt remittance to the appropriate authorities to avoid any penalties. Ensure corporate income tax compliance. Dealing with all matters relating to tax queries and audits

Budget and Forecasting:

• Support Annual Budget Preparation: Participate in the preparation of annual financial and operating budgets, including supporting documentation and justification.
• Provides a suitable framework for effective budget monitoring and reporting i.e. variance between actual and projected performance (income and expenditure).

Working capital management:

• Daily monitoring of Working capital account, cash management, receivable monitoring and vendor settlement management.
• Responsible for partnering with the investment department in the investment of company funds.

Regulatory reporting:

• Ensuring prompt preparation& filling of periodic regulatory reports to SEC and other relevant authorities.