Finance and Reconciliation Officer at IT Horizons Limited

Job Summary

• To provide support in bookkeeping, capturing of accounting transactions, bank reconciliation and reporting on financial transactions.
• Prepares records for remittance of statutory deductions such as: Value Added Tax (VAT), Withholding Tax (WHT), Capital Gain Tax and staff related statutory payments i.e. PAYE, Pension, NHF, etc.

Responsibilities

• Updates account payable and receivable ledgers for all purchases, including payments to vendors for products or services. Receives invoice and requisition for goods and services and also process payments accordingly.
• Prepares and update prepayments, accruals and provisions schedules and ledger.
• Prepares weekly report for payment transactions.
• Prepares periodic or monthly reconciliation of all accounts to ensure accuracy and completeness.
• Relates effectively with the organisation’s financial service providers.
• Documents and update records of all fixed assets to ensure assets are properly valued, accounted for and safeguarded.
• Reviews records for remittance of staff related statutory payments i.e. PAYE, Pension, NHF, etc.
• Prepares monthly account and compute appropriate taxes; VAT and WHT schedules.
• Processes expense retirement ledgers to ensure proper accountability of all cash advances.
• Assists in the generation of financial reports as required by management.
• Handles all aspects of assigned bookkeeping activities such as journals and nominal ledger administration by updating the accounting application with transactions as they occur. 
• Implements accounting controls in day-to-day performance of tasks (e.g. confirm the accuracy of general ledger codes on the accounting system). • Documents and updates records of all assets to ensure proper valuation and security.
• Collates and consolidates financial information from all business units and prepares trial balances.
• Reconcile daily all closed, active and top-up accounts of clients and for internal business operations.
• Reconcile daily all accounts and uploads to confirm that all payout amounts are accounted for.
• Reconcile daily repayments amendments and investigate variations were appropriate.
• Reconcile the charged amount status of all daily payments and assist with refund payments.
• Reconcile daily collection uploads and suspense account management.
• Monitor and reconcile daily loan disbursements and repayment schedules.
• Performs other duties that may be assigned by the Accountant.

Requirements
Experience:

• Minimum of four (4) years cognate experience in the IT industry or a similar organization.
• Sound knowledge of GAAP.

Educational Qualification:

• Minimum of first degree in Finance/ Accounting/ Business Administration/ Economics or any related discipline is required.

Professional Qualification:

• Relevant professional certification from the Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) is required.

Skills Competencies:

• Financial management, accounting, analysis Management Accounting 
• Accounting systems and standards • Knowledge of financial policies and procedures
• Financial reporting and budgeting • Knowledge of ERP Accounting application
• Account reconciliation
• Leadership
• Problem solving and analytical skills
• Team development
• Interpersonal
• Attention to detail
• Communication (written & verbal).