Finance Associate at Shuttlers

Job Description

• The Finance Associate is responsible for managing day-to-day financial operations and ensuring accurate, timely recording and reporting of all financial transactions related to Shuttlers. This role supports the Finance team in maintaining compliance with financial policies, enhancing internal controls, and contributing to efficient financial management within the organization.

Responsibilities:

General:

• Assist in the accurate preparation of timely monthly, quarterly, and annual financial reports.
• Assist with both internal and external financial audits.
• Ensure all payments are properly authorized and align with approved budgets.
• Maintain accurate posting of all financial transactions in the accounting software.
• Develop and maintain proper documentation and filing systems for all accounting records.
• Assist in month-end and year-end closing processes.
• Uphold strict confidentiality of all financial data and company information.

Accounts Payable & Other Liabilities:

• Prepare monthly reconciliations of all payable accounts.
• Ensure accurate provision for accrued expenses and other payables.
• Liaise with vendors, resolve discrepancies, and respond to payment inquiries promptly.
• Monitor accounts payable aging and ensure timely settlement of obligations.

Accounts Receivable:

• Generate and issue invoices for charter services and other business lines.
• Perform weekly reconciliations of receivable accounts.
• Track and follow up on outstanding receivables to ensure timely collection.

Tax Management & Compliance:

• Ensure full compliance with all relevant tax laws and regulations.
• Assist in the Preparation and filling of all statutory tax returns (VAT, WHT, PAYE, etc.) promptly.
• Maintain accurate tax records and liaise with tax authorities as needed.

Payment Processing & Cash Management:

• Prepare and update payment schedules for vendors and service providers.
• Monitor and reconcile daily cash and bank balances.
• Prepare and review monthly bank reconciliation statements.
• Manage expense tracker update, cash operations, reimbursements, and general cash controls.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field.
• 1-3 years of proven experience in a similar finance or accounting role, focusing on day-to-day financial operations.
• Solid knowledge of fundamental accounting principles and financial transaction recording.
• Proficiency in accounting software and MS Office (especially Excel/Google Sheets).
• High level of accuracy and meticulous attention to detail for managing daily transactions, reconciliations, and documentation.
• Basic understanding of local tax regulations (VAT, WHT, PAYE) to assist with compliance and filing.
• Strong organizational and communication skills to liaise with vendors and maintain filing systems.