|
Account receivable/Vendor/payable management
o
To manage the day-to-day operations of the Finance Department. Preparation of invoices, payment
vouchers, requisitions, etc.
o
Oversee accounts payable and receivable.
o
Accounts Payable/Accounts Receivable processes including entering daily invoices/ bills/ journal entries.
o
Research and
resolve invoice discrepancies.
o
Review aging
reports and follow
up with Customers regarding overdue balances.
o
Follow up on WHT remittances.
o
Analyze expenses to evaluate cost-cutting opportunities to drive
value to the portfolio companies.
o
Communicate with vendors and clients concerning billing and transactions.
General ledger
o
Manage general ledger and carry
out month-end and
year-end close out processes, reconciliation of journal entries.
o
Perform all related accounting functions required to maintain the general ledger
in compliance with
IFRS and company policy and procedures.
o
Coordinate month-end and year-end closing
activities to ensure
timely reporting as well as assist with yearly
public audits.
o
Review financial and accounting records
and correct errors
as required. Analyze
and review all postings into the ERP,
Prepare and post adjusting journal entries where required.
o
Oversee
accounting operations, review, and reconcile journal entries, transactions,
and financial activities, monitor and review
accounting documents for accuracy, completeness, and compliance with
Federal and state
regulations.
o
Assure journal
entry information is complete and accurate and verify accuracy of supporting documentation. Fixed assets Management o
Maintains the fixed assets register and ensure entries
and records are up to date. o
Update the Fixed asset register with new additions, disposals, revaluations etc. Inventory
Managemento
Obtain thorough
overview of inventory
for the group. o
Periodic Reviews of inventory
transactions, ensure accuracy,
accurate posting, and warehouse analysis. o
Carry out regular intermittent Spot counts, prepare Monthly inventory status reports. o
Carry out regular Bin card checks. o
Establish and execute internal controls to monitor,
track stock and prevent leakages. o
Regular review of inventory ledgers, reconciliation to ensure
Stock issues, purchases
and all inventory movement have been recorded on the ERP. o
Regular Reconciliation of inventory ledger
balances to physical
quantities. TAX, audit Regulatory
& Complianceo
Liaise with external Auditors,
Tax Auditors as required for the preparation of financial analyses and reports. o
Responsible for researching, registering, and ensuring compliance with all state and
Federal tax requirements. o
Oversee annual external audits and monthly and annual tax filings. o
Monthly and periodic computations and reports
of monthly payables
for FIRS & LIRS for the
group, as well as total
outstanding for the group o
Responsible for Monthly filing
for VAT, WHT, PAYE and all applicable taxes o
Thorough overview
of all compliance issues, licenses
and certification required
by the group. o
Monthly status reports on ALL compliance
related issues. Responsible for overall tax and statutory compliance status of the group.
|
