Finance Officer (Fixed Asset and Statutory Remittances) at Integrated Dairies Limited (IDL)

Role Summary

• This is a full-time, on-site role based in Jos for a Finance Officer (Fixed Asset and Statutory Remittance).
• The Finance Officer will oversee the management of fixed asset records, ensure accurate financial reporting, handle statutory remittances, and prepare financial statements.
• Responsibilities also include performing financial analyses, ensuring compliance with regulatory requirements, and maintaining efficient communication with relevant stakeholders.

Responsibilities
Fixed Assets Register:

• Maintain and update Fixed Assets Register (FAR), ensure all additions & disposals are properly posted intoGL Ac, ensure Fixed Assets Register align fully with GL, ensure items capitalised are within capitalisation policy and reconciliation of Capital WIP with GL and breakdown of balance

Intangible Assets and Right of use:

• Ensure all additions are properly recorded, posted and agreed to GL and ensure correct capturing and posting of amortization

Depreciation Schedule:

• Ensure depreciation is in line with applicable accounting standards

Asset Verification and Control;Coordinate periodic physical verification of fixed assets, investigate and resolve discrepancies between physical and Fixed Assets Register (FAR) and ensure assets are properly tagged and tracked.

Prepayment-Total card:

• Ensure weekly update and reconciliation of cards on ERP.

Statutory remittances;:

• Monthly computation and remittances of VAT, WHT, PAYE, NSITF, ITF (quarterly) and pension. Check the GLs to correctly reclassify the expense

Bank Account reconciliation:

• Reconciliation of foreign bank accounts and loan accounts

Financial accounting:

• Joining team to review Management account and timely working on other financial tasks that may be assigned

Qualifications

• Bachelor’s degree in Finance, Accounting, or a related field
• Proficiency in preparing Financial Statements and expertise in Financial Reporting
• Strong Analytical Skills and a deep understanding of Finance principles
• Excellent Communication skills for collaborating with team members and stakeholders
• Detail-oriented and proactive with the ability to meet deadlines
• Professional certifications such as ACCA, ICAN, or equivalent are an advantage
• Familiarity with statutory remittance processes and compliance frameworks is preferred.