Team Lead, Finance and Accounts at People Capacity Management

Job responsibilities

• Coordinate the Institute’s financial management procedure and policies and ensure adherence to financial management controls.
• Support the budgeting and forecasting processes across the Institute. Circulate the annual business planning guidelines and provide guidance to functional heads and other budget holders during the planning process.
• Support the collation and consolidation of budget inputs from budget holders.
• Carry out first-level review and validation of budget data presented by units and highlight major inconsistencies/ shortcomings.
• Develop consolidated budget pack for review and approval of the Head, Finance & Accounts
• Prepare Staff Payroll on a monthly basis
• Maintains the Fixed Asset Register
• Carries out monthly physical stock count of all the institute's sresources (Inventories &Other Asset)
• Support the preparation of timely, accurate and relevant financial information for strategic decision making and external audit purposes
• Carry out variance analysis of major performance parameters with that of budgets/forecasts, highlight underlying business/operational causes of variation and advise Head, F&A on corrective actions to take.
• Support the preparation of periodic business performance and other management reports for discussion in Management and Finance Committees.
• Assist the Head Finance & Accounts in reviewing the business case for any major investment decisions in consideration of organisational strategy.
• Monitor approved budget allocations, revenue, and expenditure and highlight variances for the attention of the Head, Finance & Accounts
• Prepare monthly, quarterly and annual financial and performance reports, including consolidated financial statements and cash flow statements, and ensure compliance with the institute's accounting policies, and local and international accounting reporting policies and procedures e.g. IFRS
• File monthly and annual returns with regulatory authorities e.g PAYE, ITF, Pension, NSITF and WHT
• Prepare daily and monthly bank reconciliation for all operative banks
• Carry out ledger reconciliation of all postings

Job requirements

• Minimum of a bachelor's degree in Finance, Accounting or any related field
• A Master's degree/MBA in related field is an added advantage
• A professional certification in ICAN, ACCA, CFA, CPA or any other related field
• Minimum of 6 years of relevant experience in Finance and Accounting
• Advanced accounting knowledge, including experience with International Financial Reporting Standards (IFRS).
• Knowledge and demonstrated experience in the use of accounting packages and systems, including ERP.
• Ability to gather, collate and analyse information/ data effectively and efficiently.
• Good problem-solving skills.
• Attention to details.