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Finance Officer

Closing: Apr 3, 2024

This position has expired

Published: Mar 19, 2024 (31 days ago)

Job Requirements

Education:

Work experience:

Language skills:

Job Summary

Contract Type:

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Educational Qualifications / Experience
  • Minimum of University Degree or HND Accounting, Finance or related discipline
  • Minimum of 1 years post-professional qualification experience.

Functional Competencies / Requirements:

  • Skill to improve risk management through reduction/transparency of cash balances
  • Banking transaction execution and settlement skill
  • Cash and investment reporting skill
  • Compliance to audit observation as to the segregation of duties with reference to back office functionality of recording transactions through a systematic driven authorization/execution process

General Management Competencies / Requirements:

  • Strong Oral and Written Communication skills
  • Good Presentation Skills
  • Relationship Management
  • Strong Problem solving skills
  • Ability to plan, schedule and coordinate effectively

Desired Personal Attributes:

  • Integrity
  • Proactive self-starter
  • Assertive and tenacious
  • Ability to work with little or no supervision
  • Ability to work with all levels of management, build partnerships and teams
  • Highly organized and able to adapt quickly to changing priorities
  • Ability to cope with and work under pressure.
Responsibilities
Educational Qualifications / Experience
  • Minimum of University Degree or HND Accounting, Finance or related discipline
  • Minimum of 1 years post-professional qualification experience.

Functional Competencies / Requirements:

  • Skill to improve risk management through reduction/transparency of cash balances
  • Banking transaction execution and settlement skill
  • Cash and investment reporting skill
  • Compliance to audit observation as to the segregation of duties with reference to back office functionality of recording transactions through a systematic driven authorization/execution process

General Management Competencies / Requirements:

  • Strong Oral and Written Communication skills
  • Good Presentation Skills
  • Relationship Management
  • Strong Problem solving skills
  • Ability to plan, schedule and coordinate effectively

Desired Personal Attributes:

  • Integrity
  • Proactive self-starter
  • Assertive and tenacious
  • Ability to work with little or no supervision
  • Ability to work with all levels of management, build partnerships and teams
  • Highly organized and able to adapt quickly to changing priorities
  • Ability to cope with and work under pressure.

Key Duties

  • Processing of suppliers / vendor invoices for payment
  • Maintaining the creditors’ schedule
  • Ensure daily/weekly collection of Bank statements and confirmation of cheques
  • Manage all forms of payment (internet banking, Remita, interswitch etc)
  • Keeping the financials documents organized and filed
  • Detect and eliminate errors in payment request
  • Confirm all retirement before another cash advance is processed for a staff
  • Ensure posting of items received by the store into appropriate Trade Creditor’s account
  • Verify all intercompany transactions across businesses - review and sign off on all intercompany transactions across the divisions
  • Confirm on monthly basis that charges on COT and Interest are in line with the agreed rate.
  • Perform any other related duties from time to time

Key Performance Indicators

  • Outputs
  • Frequency
  • Daily Cash Position
  • Daily (12 noon)
  • Review of Bank Reconciliation Statements
  • Weekly (WD 2)
  • Bank Charges/Interest Verification Report
  • Monthly (WD 5)
  • Report on Fixed Deposit
  • Monthly (WD 5)
  • Treasury Sectional Report
  • Monthly (WD 5)

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