Financial Reporting Officer at Ngex

Job Description

• The Financial Reporting Officer will manage the financial performance of Nigerian Exchange and will see to the accurate daily posting of transactions and ensure that all general ledgers are reporting correctly for management account and other reporting purposes.
• The Financial Reporting Officer will also ensure adequate budgetary control for transactions and concerned departments. He or she will see to proper fixed asset register and general ledger maintenance.
• And keep adequate records/files for all transactions. This position reports to the Team Lead, Financial Reporting.

Responsibilities

• Ensure timely postings of transactions into the ERP.
• Ensure that the fixed assets register is updated monthly and all assets are ascribed with identification tags.
• Ensure that depreciation is charged and posted monthly.
• Ensure that transactional documentations are complete with all the requisite approvals before such transaction is processed.
• Ensure that transactions are called over daily to ensure that errors and/or irregularities are discovered promptly and escalated to the team lead and/or departmental head promptly.
• Ensure that transactional documentations are time-stamped, signature verified, and reviewed for completeness, accuracy, and consistency before the transactions are processed.
• Must ensure that accruals, prepayment, and amortisation schedules are prepared and relevant entries posted by month-end.
• Ensure maintenance and proofing of General Ledger accounts on a monthly basis and over-aged open items are escalated to the Team Lead.
• Support the annual budget process; prepare appropriate guidelines and templates.
• Ensure that all transactional documents are filed in a neat and easily retrievable manner.
• Support internal and external audit exercises and other statutory inspections of the Exchange’s books.

Research / Policy Development and Standard Operating Procedures:

• Develop, review and maintain Finance policies, guidelines, and Standard Operating Procedures (SOPs).
• Responsible for conducting regular research and liaising with professionals across various industries to ensure financial performance reporting in the organisation is aligned with best practices.
• Acquire good knowledge based on IFRS standards, its applications, and implications of first time adoption of a new standard.

Other Responsibilities:

• Attend to staff on ERP related matters.
• Assist staff / other departments on tax related matters.
• Perform other related finance related duties as may be assigned from time to time.

Job Specification
To successfully deliver the above goals, the right candidate must have:

• Minimum of 3 - 5 years Post-NYSC work experience in financial control of a bank or financial services firm, a top firm of auditors, or an Investment Management Company.
• HND / B.Sc with emphasis on Economics, Finance & Accounting, or any other numerate courses (Sciences and Engineering).
• At least one relevant professional qualification e.g. ACCA, ACA will be an advantage.

Desired Competencies and Skill Requirements:

• Internal controls and operational risks knowledge/skills.
• Highly numerate with excellent analytical skills.
• Good process skills.
• Good time management skills.
• High proficiency in the use of the Microsoft Office Suite especially Microsoft Excel & PowerPoint.
• High proficiency in the use of key business applications.
• Good Interpersonal skills required in liaising with people at different levels within the Exchange.
• Must possess ‘good attention’ to details.
• Ability to generate trust and respect from staff and external stakeholders
• A person with high integrity.