Finance Officer

IT Horizons Limited - We are Africa’s technology company instilled with a culture of innovation and excellence, ensuring the growth and success of every business.

We are recruiting to fill the position below:

Job Title: Finance Officer (Male)

Location: Lagos 
Employment Type: Full-time
Department/Unit: Finance
Reports to: Finance Manager
Direct Reports: N/A

Job Summary

• To provide support in bookkeeping, capturing of accounting transactions, bank reconciliation and reporting on financial transactions.
• Prepares records for remittance of statutory deductions such as: Value Added Tax (VAT), Withholding Tax (WHT), Capital Gain Tax and staff related statutory payments i.e. PAYE, Pension, NHF, etc.

Other Internal Relationships:

• All Staff
• Regulatory Authorities
• Financial Institutions
• External Auditors
• Suppliers or Vendors

Key Accountabilities / Responsibilities

• Updates account payable and receivable ledgers for all purchases, including payments to vendors for products or services.
• Receives invoice and requisition for goods and services and also process payments accordingly.
• Prepares and update prepayments, accruals and provisions schedules and ledger.
• Prepares weekly report for payment transactions.
• Prepares periodic or monthly reconciliation of all accounts to ensure accuracy and completeness.
• Relates effectively with the organisation’s financial service providers.
• Documents and update records of all fixed assets to ensure assets are properly valued, accounted for and safeguarded.
• Reviews records for remittance of staff related statutory payments i.e. PAYE, Pension, NHF, etc.
• Prepares monthly account and compute appropriate taxes; VAT and WHT schedules.
• Processes expense retirement ledgers to ensure proper accountability of all cash advances.
• Assists in the generation of financial reports as required by management.
• Handles all aspects of assigned bookkeeping activities such as journals and nominal ledger administration by updating the accounting application with transactions as they occur.
• Implements accounting controls in day-to-day performance of tasks (e.g. confirm the accuracy of general ledger codes on the accounting system).
• Documents and updates records of all assets to ensure proper valuation and security.
• Collates and consolidates financial information from all business units and prepares trial balances.
• Performs other duties that may be assigned by the Accountant.

Requirements
Educational Qualification:

• Minimum of First Degree in Finance/ Accounting/ Business Administration/ Economics or any related discipline is required.

Professional Qualification:

• Relevant professional certification from the Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) is required.

Experience:

• Minimum of four (4) years cognate experience in the IT industry or a similar organization.
• Sound knowledge of GAAP.

Skills:
Competencies:

• Financial management, accounting, analysis
• Management Accounting
• Accounting systems and standards
• Knowledge of financial policies and procedures
• Financial reporting and budgeting
• Knowledge of ERP Accounting application
• Account reconciliation
• Leadership
• Problem solving and analytical skills
• Team development
• Interpersonal
• Attention to detail
• Communication (written & verbal).

APPENDIX 1
Awareness:

• A good understanding of what is involved in an area of expertise and its relevance to the business.
• Ability to describe the main elements of the area of expertise and their importance to the business; and
• Ability to recognize how and where competences in expertise are relevant to their own job.

Knowledge:

• Ability to interpret and evaluate information and advice from experts in an area of Expertise.
• Knowledge and ability to correctly use the terminology (vocabulary) of the area of Expertise.
• Ability to hold an informed debate with experts in the Area of Expertise; and
• Ability to ask questions that test the viability of proposals in an Area of Expertise.