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Published: Jun 23, 2022 (2 months ago)

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Job Summary

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Company Description

Co-creation Hub is Africa’s leading technology innovation ecosystem builder on a mission to accelerate the application of science, technology and social capital for economic prosperity across Africa.

Our mandate is to build a formidable innovation ecosystem with a deeply rooted network, cultivating strategic partnerships and practical industry know-how that can support entrepreneurs and innovators in building thoughtful, relevant, and scalable solutions. From our locations in Lagos, Abuja, Ijebu Ode (in Nigeria), Nairobi (Kenya) and Kigali (Rwanda), we have built a vibrant community of over 81,000 people and counting and have supported to a portfolio of over 120 early-stage ventures including Lifebank, Ushahidi, Riby, BudgIT, Stutern, Kopo Kopo, Sendy, mFarm, Wecyclers and many more.

Job Purpose

The Finance Associate will be responsible for preparing accounts, budgeting, managing financial information and ensuring all records are up to date and accurate.

The selected candidate will be responsible for reconciling bank statements and calculating tax payments and returns. He/she will provide us with accurate quantitative information on financial position, liquidity and cash flows of our business while ensuring we’re compliant with all tax regulations.

Responsibilities

Company Description

Co-creation Hub is Africa’s leading technology innovation ecosystem builder on a mission to accelerate the application of science, technology and social capital for economic prosperity across Africa.

Our mandate is to build a formidable innovation ecosystem with a deeply rooted network, cultivating strategic partnerships and practical industry know-how that can support entrepreneurs and innovators in building thoughtful, relevant, and scalable solutions. From our locations in Lagos, Abuja, Ijebu Ode (in Nigeria), Nairobi (Kenya) and Kigali (Rwanda), we have built a vibrant community of over 81,000 people and counting and have supported to a portfolio of over 120 early-stage ventures including Lifebank, Ushahidi, Riby, BudgIT, Stutern, Kopo Kopo, Sendy, mFarm, Wecyclers and many more.

Job Purpose

The Finance Associate will be responsible for preparing accounts, budgeting, managing financial information and ensuring all records are up to date and accurate.

The selected candidate will be responsible for reconciling bank statements and calculating tax payments and returns. He/she will provide us with accurate quantitative information on financial position, liquidity and cash flows of our business while ensuring we’re compliant with all tax regulations.

Finance

  • Play a part in maintaining relationships with banks, suppliers, consultants and internal

  • customers;

  • Assisting in generating monthly, quarterly and annual financial management reports;

  • Assist the Finance department in ensuring that timely and accurate payments are made.

  • Assist in cash and asset management;

Accounting

  • To ensure proper maintenance of all accounting systems and function;

  • Ensure maintenance of internal controls and financial procedures, laid out by

  • management;

  • Ensure timeliness, accuracy, and usefulness of financial and management reporting; assist in the preparation and communication of monthly and annual financial statements or as otherwise required;

  • Assist in audits and remittance of monthly statutory deductions on a timely basis i.e.

  • VAT, NSSF, NHIF, PAYE and Withholding Tax;

  • Support monthly payroll and keep organized records

  • Record accounts payable and accounts receivable and reconcile payable and accounts receivable accounts;

  • Ensure completeness of supporting documents in all respect before payments are processed.

  • Prepare for approval of payment vouchers, staff advances and petty cash;

  • Maintain and update the asset register periodically;

  • Assist in ensuring legal and regulatory compliance regarding all financial functions
  • Stamping ‘Paid’ of all the invoices and related documents before filing.
Qualifications 

Specialist knowledge required:

  1. B.Sc. degree in Finance or Accounting

  2. ACA/ ACCA or part qualified.

  3. Work experience as a Finance Assistant, Finance Officer or similar role

  4. Good knowledge of accounting and bookkeeping procedures

  5. Knowledge and experience in using Accounting Software (E.g. Quick Books, Sage Pastel etc.);

  6. Proficiency in Microsoft Office, particularly in Microsoft Excel;

  7. Knowledge of Internal or External Audit or Organization Evaluations;

Behavioral Competencies:

  1. Ability to analyze and interpret data;

  2. Excellent oral and written communication skills;

  3. Ability to pay attention to detail, with an ability to spot numerical errors;

  4. People management skills;

  5. Organizational and Time management skills, with the ability to work under pressure.;

  6. Ability to be highly organized;

  7. Ability to build and maintain relationships;

  8. Ability to present information in forms, tables and spreadsheets;

  9. Proven leadership and management skills;

  10. Proven work ethics;

  11. Problem solving skills;

  12. Ability to take initiative;

  13. Planning and coordinating skills;

  14. Ability to network, build and maintain relationships
  15. High level of integrity and dependability.

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