Senior Finance Executive at Custodian Investment Plc

Job Summary

• Responsible for ensuring that all inflows into the company are receipted and recognized correctly and promptly in the company's accounting ledgers; administering settlement of accounts; and recording transactions in line with the laid down processes and procedures of the company.

Responsibilities

Finance Operations

• Issue receipts and inflows on a daily basis.
• File all receipts and schedules raised in the Head-Office appropriately.
• Reconcile bank accounts and escalate unreconciled bank issues promptly.
• Prepare daily reports, bank balances and other reports as requested.
• Prepare and reconcile premiums billed in advance.
• Post schedules of receipts raised in the Head-Office as may be allocated by the Chief Finance Officer.
• Ensure timely reconciliation and recognition of transactions ‘billed in advance’.
• Maintain a secure, efficient and accurate filing system (electronic and hard copies) to ensure safe and easy storage and retrieval of information.
• Reconciliation of assigned bank accounts (LCY and FCY) with the cashbook within first three (3) working days of the succeeding month.
• Reconcile all corporate division claims paid during the period with technical units.
• Assist in preparing all supporting schedules to the monthly management account.
• Review payment requisitions to ensure accuracy of transaction processing (code, amount and necessary approvals) in line with payment requisition workflow.
• Raise and post journals necessary for correction.
• Reconcile bank statements allocated on a monthly basis.
• Reconcile claims paid and outstanding claims reserve account.
• Maintain accurate Asset Register, Fixed Assets Schedule, and depreciation charges on a monthly basis.
• Prepare all tax related payments (PAYE, VAT, WHT) for review by the Head of Financial Reporting before filing with the tax authorities, in accordance with timelines.
• Prepare regulatory returns to NAICOM (monthly and quarterly) for the review of Head, Financial Reporting.
• Submit periodic reports as required to the Head of Financial Reporting.

Other Duties

• Any other tasks as may be assigned by the Chief Finance Officer.

Requirements

• Bachelor’s degree from an accredited university
• 4 - 7 years relevant experience
• Minimum of an associate membership of a professional accounting body (e.g. ICAN, ACCA)
• Strong written and verbal communication skills
• Problem-solving
• Finance processes

Benefits

• Employer pension contribution.
• Lunch provided on-site.
• Creche provided on-site.
• Healthcare coverage for Staff, spouse and a maximum of four (4) children.
• Variable pay.