Finance Officer at Infratel Africa

Job Purpose

The Finance Officer is responsible for supporting the Company\\\'s financial operations by ensuring accurate financial record-keeping, processing payments, monitoring budgets, managing payroll inputs, preparing financial reports, and ensuring compliance with statutory and internal financial requirements.

Key Responsibilities

Financial Operations

• Process and record financial transactions accurately and timely.
• Prepare payment schedules and ensure proper documentation for all expenditures.
• Manage accounts payable and accounts receivable activities.
• Monitor cash flow and maintain accurate financial records.
• Reconcile bank statements and company accounts regularly.

Budgeting and Cost Control

• Assist in preparing annual budgets and financial forecasts.
• Monitor departmental expenditures against approved budgets.
• Track project-related expenses and provide variance reports.
• Support cost-saving initiatives and financial efficiency programs.

Payroll and Statutory Compliance

• Prepare payroll inputs and verify employee compensation data.
• Ensure timely remittance of statutory deductions including PAYE, Pension, NHF, NSITF, and ITF.
• Maintain payroll records and employee financial documentation.
• Support employee reimbursement and expense claim processes.

Financial Reporting

• Prepare monthly, quarterly, and annual financial reports.
• Assist in preparing management accounts and financial analysis.
• Generate reports on revenue, expenses, budgets, and cash flow.
• Support audit exercises and provide requested documentation.

Internal Control and Compliance

• Ensure compliance with company financial policies and procedures.
• Verify supporting documents before processing payments.
• Maintain proper filing and record management systems.
• Support internal and external audit activities.
• Identify and report financial risks and control weaknesses.

Vendor and Stakeholder Management

• Maintain relationships with vendors and service providers.
• Reconcile vendor statements and manage payment schedules.
• Respond to finance-related inquiries from employees and stakeholders.

Key Performance Indicators (KPIs)

• Accuracy of financial records and reports.
• Timeliness of payment processing.
• Timeliness of statutory remittances.
• Bank reconciliation completion rate.
• Budget compliance and variance management.
• Audit findings and compliance levels.
• Cash flow monitoring effectiveness.
• Accuracy and timeliness of payroll processing.

Qualifications and Experience

Education

• Bachelor's Degree in Accounting, Finance, Economics, or a related field.
• Professional certification (ACA, ACCA, ICAN, CFA Part Qualification) is an added advantage.

Experience

• Minimum of 2–4 years' experience in Finance, Accounting, or a related role.
• Experience in payroll administration, financial reporting, and statutory compliance.
• Experience using accounting software and ERP systems is an advantage.