VP, Finance & Admin at Konga Online Shopping Limited

Job Ref: 151006-3
Location: Lagos
Business Unit: Konga
Reporting Line: Chief Financial Officer

Job Description

• Provide management with financial and operational performance insights and influence for the Finance and Admin teams.
• His/her responsibilities shall include but not limited to oversight of strategic financial planning and analysis of resource use and development; partnering in budget planning and oversight of budget implementation

Duties & Responsibilities
Financial accounting and reporting:

• Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP).
• Develop, implement, and ensure compliance with internal financial and accounting policies and procedures.
• Ensure that all statutory requirements of the organization are met including Charitable Status.
• Withholding Payments, Income Tax, Goods and Services Tax.
• Prepare all supporting information for the annual audit with the approved external auditor.
• Document and maintain complete and accurate supporting information for all financial transactions.
• Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash.
• Reconcile bank and investment accounts; and manage cash flow
• Review monthly results and implement monthly variance reporting as compared to budget.
• Manage the cash flow and prepare cash flow forecasts in accordance with policy
• Manage the bookkeeping function, using the Simply Accounting Package, including maintenance of the general ledger, accounts payable, accounts receivable and payroll
• Develop and implement policies and procedures as required to ensure that personnel and financial information is secure
• Manage all company payments and ensure payments are paid in a timely and accurate manner
• Assist with the negotiations and manage the employee insurance and benefits plans
• Process and submit statutory and benefits remittances on time
• Assist staff with the preparation of budgets for funding applications
• Manage the work and development of staff members consisting of two full time senior accountants and one part time senior
• Responsible for maintaining accurate books and subsidiaries, including the gift card program at the shopping malls.
• Prepare monthly forecast update, primarily by working closely with department heads
• Prepare or review annual audit work papers and the six-months review work papers for the outside auditors.
• Assist in preparing annual audited financial statements.
• Review bank reconciliations, loan schedules, management fees, etc.
• Assist the Director of Finance in preparing the annual corporate budgets.
• Oversee the functions of the Admin team
• Special projects as required.

Skills & Competencies:

• Strong organizational and management skills.
• Experience in forecasting and budgeting.
• Must have experience in Admin functions of an organization
• Ability to see the big picture while focusing on the process and procedures necessary to produce deliverables.
• Meticulous attention to detail and accuracy in work product
• Ability to meet and establish deadlines
• Flexibility and the ability to thrive in a fast-paced environment
• Intermediate to advanced applications software expertise (Excel and accounting software)
• Excellent interpersonal skills and a team player.
• Good communicator
• Able to challenge the status quo and drive through changes
• Diligent with strong attention to detail
• Up to date knowledge of accounting regulations
• Good understanding of business as well as financial issues
• Sound decision making

Qualifications & Experience
knowledge (include technical knowledge)

• Knowledge of generally accepted accounting and internal control principles
• Strong analytical, problem solving and decision making skills to evaluate alternatives and
• Provide recommendations on business issues
• Well-developed written and oral communications skills
• Ability to work in a team environment

Qualifications
Essential:

• University degree in Accounting, Commerce, or Business Management/
• Must be a Chartered Accountant or a Certified Management Accountant
• 14 years of experience, including a minimum of 5 years of supervisory responsibility