Account and Finance Manager

Responsibilities:

Financial Management & Planning:

• Develop and implement financial strategies aligned with organizational goals
• Prepare annual budgets, forecasts, and financial projections
• Monitor financial performance and recommend corrective actions where necessary
• Ensure efficient cash flow management and cost optimization
• Provide financial advice to management for strategic decision-making

 Accounting Operations:

• Oversee daily accounting activities, including: Accounts payable, Accounts receivable, Bank reconciliations, General ledger management
• Ensure accurate and timely recording of financial transactions
• Review accounting entries and supporting documentation
• Maintain proper accounting records and documentation

Financial Reporting:

• Prepare: Monthly management accounts, Quarterly financial reports, Annual financial statements
• Analyze financial data and provide management insights
• Ensure reports are accurate, complete, and submitted within deadlines

Taxation & Statutory Compliance:

• Ensure compliance with: PAYE, VAT, WHT, Company Income Tax, Pension, and statutory remittances
• Coordinate tax filings and regulatory submissions
• Liaise with external auditors, tax consultants, and regulatory agencies

Internal Control & Risk Management:

• Develop and maintain strong internal control systems
• Monitor financial risks and recommend mitigation measures
• Ensure compliance with company financial policies and procedures
• Prevent fraud, financial leakages, and unauthorized expenditures

Budgeting & Cost Control:

• Prepare departmental and organizational budgets
• Monitor expenditure against approved budgets
• Investigate budget variances and recommend corrective measures
• Drive cost reduction and financial efficiency initiatives

Payroll Administration:

• Review payroll processing and salary schedules
• Ensure accuracy of employee compensation and deductions
• Coordinate statutory deductions and remittances

ERP & Financial Systems Management:

• Manage financial modules within the ERP system
• Ensure the integrity and accuracy of financial data
• Support automation and process improvement initiatives
• Train users on financial processes where necessary

Audit Coordination:

• Coordinate internal and external audits
• Ensure prompt resolution of audit findings
• Maintain audit-ready financial records

Team Leadership & Supervision:

• Supervise finance and accounts, staff
• Assign responsibilities and monitor performance
• Mentor and develop team members
• Promote accountability and professionalism within the department

Requirements:

• Minimum of 4 years of experience
• Minimum of a BSc.

Key Performance Indicators (KPIs):

• Accuracy of financial reports
• Timeliness of financial reporting
• Budget adherence percentage
• Cash flow stability
• Reduction in financial errors
• Audit compliance rating
• Tax compliance status
• Accounts receivable recovery rate