Company Info
Mid sized business
KOA Oil & Gas Limited is recruiting suitably qualified candidates to fill the position below:
1 to 50 Employees
KOA Oil & Gas Limited is recruiting suitably qualified candidates to fill the position below:
Job Title: Finance Manager
Location: Lagos
Employment Type: Full-time
Responsibilities
- Ensure accurate and timely financial records are maintained in accordance with accounting standards and company policies.
- Oversee the preparation and submission of statutory financial statements and tax filings.
- Checking, Coordinating, Recording, Computing, and reporting all procedures relating to cheque payments to all suppliers after approval by signatories.
- Reconciling all bank accounts with system generated statement using available accounting software.
- Verification and journalizing of all bank charges e.g. COT, INT, VAT, WHT.
- Payment of staff salaries, wages and claims as submitted from HR Department and approved by the managing director.
- Preparation of management financial reports and account reports required for Board of Directors meeting.
- Posting of all sales invoice individually into the system for all cost centers (i.e both Naira and Dollar Transaction).
- Monthly schedule and payment of statutory dues: PAYE, Pension, etc.
- Ensure the quantity level of purchased materials and components conform to specifications of the LPO issued and approved by Managing Director
- Manage cash flow, including forecasting and working capital management.
- Perform regular financial reconciliations between the subsidiary and other entities within the group.
- Collaborate with finance teams across other subsidiaries to resolve discrepancies and ensure financial alignment.
- Coordinate intercompany transactions, including invoicing and cost allocations
- Journalizing all expenses: ticket after reconciling with advances; Horatio debit notes, Hotel and Accommodation expenses, etc for all cost centres.
- Liaise with external auditors and ensure timely completion of audits.
- Maintain compliance with local laws, regulations, and internal financial policies.
- Ensure internal controls are in place and operating effectively.
- Lead, mentor, and develop the finance team.
- Ensure staff are equipped with the necessary skills and training to meet financial objectives.
- Computation and filling of monthly VAT returns for the company
- Foster a culture of continuous improvement and professional growth.
- Provide financial insights to the subsidiary’s leadership team to support decision-making.
- Assist in the evaluation of new projects, investments, and business opportunities.
- Any assigned duty by management towards effective and lawful discharge of duties and responsibilities.
Qualifications and Experience
- Bachelor’s degree in Accounting, Finance, or a related field (Master’s degree or professional certification such as ICAN/ACCA is a plus).
Required Skills:
- Strong knowledge of accounting principles, financial analysis, and budgeting.
- Experience with financial reconciliation between subsidiaries or intercompany transactions.
- Excellent leadership and communication skills.
- Proficiency in financial management software and Microsoft Office Suite.
- Strong attention to detail and problem-solving abilities.
- Strong organizational and multitasking abilities.
Application Closing Date
25th October, 2024.
Interested and qualified candidates should send their Resume to: [email protected] using the Job Title as the subject of the email.
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