Finance Manager at Best Search Recruitment

Reports to: CFO

Summary

• The Finance function within the group is managed centrally and its responsibility is not limited to the day to day running of the P&L but also financial analysis & planning, budgeting, forecasting, monthly management pact etc for all the subsidiaries.
• This is a key position reporting to the CFO, with Prime responsibility for; the development and continual refinement of robust financial control, reporting and implementation processes.

Responsibilities

• Managing the company's financial accounting, monitoring and reporting systems
• Liaising with auditors to ensure annual monitoring is carried out
• Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organisations
• Producing accurate financial reports to specific deadlines
• Manage vendor invoices - Receive and process vendor invoices and internal cheque requests. Maintain open files for purchase orders, packing/receiving slips and match to invoices. Verify invoices for quantity, unit pricing, extensions, and applicable discounts.
• Carry out bank reconciliation - Prepare monthly bank reconciliation for all accounts. Verify accuracy of bank statements and answer questions or resolve problems. Maintain integrity of cash balances and cash flow systems.
• Preparation of the company annual Financial Statement in collaboration with Finance Manager
• Conducting reviews and evaluations for cost-reduction opportunities
• Attending to External Auditor during statutory Audit.
• Ensure up to date Intercompany reconciliation with parent company and all other subsidiaries within the group.
• Review and ensure Value Added Tax (VAT) and Withholding Tax (WHT) are deducted correctly from Vendor Invoices and subsequently remitted promptly to the respective tax authority (FIRS and LIRS) accordingly.
• Review and ensure all monthly provisions (Audit Fee, Tax Consultancy Fee & etc) prepayment and amortization are made monthly.
• Review Payroll with Human Resources Manager to ensure statutory deductions and pension are calculated and remitted correctly
• Review Petty Cash Expenses with Administration Team
• Review and ensure daily and end of month posting of all payment vouchers and Journals before impacting into general ledger.
• Verify documents for completeness and compliance with government and private agencies.

Person Specification

• The ideal candidate must be a Certified Chartered Accountant (ACCA, or equivalent), with minimum qualification of a B.Sc in Accounting or Finance.
• He / She must have minimum of 6 years’ experience.
• An MBA or Msc in Finance; knowledge of the use of ERPs would be an added advantage.

Core Accounting Skills:

• Advanced knowledge of MS Excel
• Financial planning, budgeting, and reporting
• Financial analysis and interpretation skills
• Accounts preparation and bank reconciliation skills
• Attention to detail
• Good presentation and communication skills
• Application of accounting principles
• Preparation of timely financial statements
• Filing of reports to statutory bodies
• Cash flow management
• Knowledge of Statutory returns and reporting Internal Liaison All units and departments that have dealings with The Finance Department. External Liaison Partners both local, International, Government agencies and various vendors