Description
RESPONSIBILITIES
Treasury Management
- Management of the company’s Treasury and investments - with a view to safely
- maximise returns
- Advise on investment activities and provide strategies that the company should take.
- Manage income, cashflow and expenditure.
- Conduct reviews and evaluations for cost-reduction measures.
Financial Records Management
- Manage the company month end closure process
- Review transactions posted by the accountants before releasing into the books.
- Review requests and compare with the budget before approval.
- Review payments on the company’s payment platform before approval by Director.
- Manage the company’s accounting software - Acumatica
Payroll Management
- Review payroll information for all staff to ensure alignment with offer letters.
- Process payroll for all staff before the deadline.
- Process advances to staff for business trips and timely retirement of the advances.
External Audit & Taxation
- Provide all the necessary financial documents and support required by the external
- auditors during external audits.
- Responsible for ensuring external audits are scheduled and conducted promptly before
- applicable statutory deadlines.
- Liaison with external auditors and tax consultants on any matters arising.
- Responsible for ensuring approved recommendations by the external auditors are
- properly implemented.
- Manage LIRS and FIRS audits for the company and its related parties
Fixed Asset & Accessories Management
- Record non-current asset acquisitions, depreciation, transfer and dispositions in the accounting system
- Monitor the expenditures of the company for non-current assets in comparison to capital
- budget and management authorizations.
- Represent the company during any audit by a regulatory body that involves fixed assets.
- Assign tag numbers to fixed assets and track them on the Asset Register
- Conduct periodic physical count and impairment reviews for non-current assets and
- make recommendations to management whether any should be disposed of
- Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.
Risk and Compliance
- Responsible for oversight of the processes, procedures including but not limited to
- compliance with policies and procedures, payment terms, exception management etc.
- Ensure that the company is not exposed to regulatory and statutory issues.
- Ensure regular filings and remittances of tax and statutory remittances
- Ensure all compliance related documents are obtained before deadlines.
- Liaise with customers to ensure prompt remittance and collection of tax credit notes.
- Research and advise on recommended tax avoidance strategies to be implemented.
Other Responsibilities
- Respond to compliance requests by the Compliance Department.
- Manage the company’s petty cash.
- Periodic internal audit on bank charges and the relevance of automatic company
- expenses.
- Oversee the accountants in the Finance departments.
- Any other responsibilities as may be assigned by your line manager.