Finance Assistant

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Job Description - Finance Assistant

Job title : Finance Assistant jobs in Lagos Job Location : Lagos Deadline : July 31, 2024 Quick Recommended Links

Job Responsibilities:

  • Perform periodic management accounting and reporting activities to include: monthly profit & loss and cash flow positions, etc.
  • Compile and analyze financial information to prepare entries for General Ledger accounts; assists with maintenance of internal controls and process documentation
  • Perform period-close activities, including reviewing and assessing journal entries, accruals, reconciliations and allocations
  • Assist with budgeting and forecasting including consolidation, review, analysis and detailed reporting
  • Maintain cash inflow/outflow reconciliation and reporting, including bank reconciliation
  • Assist in Analyzing financial information to summarize and interpret current-projected financial position for management and decision making (manage and monitor business financial performance and KPI’s)
  • Manage relationships with key financial and regulatory representatives
  • Alert management of situations that may materially affect the company’s overall financial condition
  • Assist in preparation of asset, liability, and capital account entries by compiling and analyzing account information.
  • Documents financial transactions by entering account information.
  • Monthly preparation of bank reconciliations;
  • Compilation, analysis and preparation of data for financial statements, expenditures, revenues, accounts and reports;
  • Assist in the preparation of budgets and provision of updates on budget implementation;
  • Assist in monitoring the expenditures to ensure that funds are utilized appropriately by the close of the fiscal year.
  • Participation in the preparations for external, internal and tax audit exercises
  • Recommends financial actions by analyzing accounting options.
  • Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
  • Substantiates financial transactions by auditing documents.
  • Reconciles financial discrepancies by collecting and analyzing account information.
  • Secures financial information by completing data base backups.
  • Maintains financial security by following internal controls.
  • Prepares payments by verifying documentation, and requesting disbursements.
  • Answers accounting procedure questions by researching and interpreting accounting policy and regulations.

Qualification:

  • Bachelor’s degree in Accounting or related field
  • Minimum of 3-5 years of progressive experience in finance or accounting for a structured organization (previous oil & gas experience is compulsory)
  • A certified member of Institute of Chartered Accountants of Nigeria (ICAN)/ACCA.
  • Knowledge of applicable accounting and financial reporting rules, regulations and requirements
  • Ability to reconcile and or balance financial transactions and accounts.
  • Knowledge of accounting and book-keeping terminology and practices.
  • Knowledge of general record keeping and filing systems.
  • Ability to compare data from a variety of sources for accuracy and completeness.
  • Ability to detect errors.
  • Ability to determine work priorities.
  • Strong analytical skills – understanding of revenue – cost structures and translate data to clear analytics
  • Strong Microsoft Office skills (Excel and PowerPoint); experience with financial modeling a plus
Accounting / Financial Services jobs in Nigeria
Finance Assistant in Lagos
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