AideOne

Job Summary:

Our client ( in the food industry) is looking for Finance Operations Accountants to supervise all financial tasks of the company and ensure they use financial resources optimally. The FOA serves as an integral member of the management team and will be responsible for developing, monitoring, and evaluating overall corporate strategy with the CEO and other departments with an emphasis on bottom-line performance, working capital, and enhancing shareholder value.

Job Objectives:

• To provide the required financial leadership that will aid strategic decision-making purposes.
• Partner with the CEO to actively manage the company’s cash flow through accurate historical reporting and robust forecasting.
• To strategically focus the business by partnering with the CEOs to develop and deliver business strategies that will deliver results.

Duties and Responsibilities

• Responsible for Purchasing process.
• Inventory management process and stock-level management of all types of stock.
• See to the day-to-day monitoring of orders and the actual stocks used to produce the orders
• Provide daily report in the Management required format to the CEO/Representative
• Responsible for budget control and forecasting.
• Provide a variance report on daily production and targets.
• Collecting and analysing data, which is then used in the preparation of weekly and monthly estimates/reports for the brand.
• Review all documentations relating to all expenses and seek for approvals.
• Stive to reduce waste to the barest minimum.
• Perform adequate validation checks on all payments to ensure: proper computation, relevant and adequate supports as well as accuracy of payment instructions.
• Ensure validity of banking transactions through proper and timely monthly review of reconciliation statement of all bank accounts and payments platforms including transfers and POS alerts.
• Deal with all treasury related matters with the CEO.
• Ensure of assets of the business are recorded, maintained and accounted for in the books.
• Facilitate the process of all necessary supporting documents for Capital Acceptance Claim from the Authority.

Financial Reporting and Tax Functions

• Prepares periodic (monthly/quarterly/yearly) financial statements (Income Statement, Balance Sheet and Statement of Cash Flow) under IFRS for management use.
• Performs analytical review of the monthly income statement.
• Reviews data posted into Operating/Projects Expenses accounts for accuracy, ensuring that appropriate ledger accounts are used in line with GAAP & IFRS. Insert commentaries where required.
• Prepares financial statements for both statutory and management reporting.
• Act as a point of contact with auditors
• Reviews, follows up and escalates issues from statutory audits to ensure successful completion of the audit.
• Responsible for timely and accurate remittance and tax returns filing for:
  - VAT
  - WHT Payables
  - PAYE
  - All statutory deductions
  - All statutory deductions
• Ensures effective WHT Management (Receivables and Payables credit notes)
• Provides tax guidance for contracts and other agreements.
• Assists in handling external tax queries.
• Maintains complete and well organized work papers and business records for tax purposes.
• Attend to all CEOs enquiries on other business areas as deemed fit.

Competency and skills requirement

• Excellent analytical and decision-making skills.
• Excellent knowledge of accounting and internal control principles, operational risk evaluation,
• Excellent people management skills.
• In-depth understanding of cash flow management, bank reconciliation, and bookkeeping
• Hands-on experience with budgeting and risk management.
• Good general tax knowledge
• Good use of accounting application
• Excellent knowledge of data analysis and forecasting models

Qualification

• Minimum of 2-3 years of relevant experience and a fast-moving and dynamic business environment.
• A Bachelor’s Degree in Finance, Accounting, or equivalent (Any grade). Accounting or professional qualification (ICAN, ACCA) and/or recognized international qualification is not compulsory but candiddtate should have started.
• Must be technologically adept and highly proficient in Ms Excel, Ms Office, Ms Outlook, and PowerPoint and simple accounting softwares.