Finance Officer

Responsibilities:

• Oversee daily accounting operations, including accounts payable and receivable.
  

• Maintain up-to-date and accurate financial records.
  

• Generate and issue fee-notes, based on work assessment form shared and also ensure they are reviewed and approved by lawyers.
  

• Track and follow up on outstanding client payments, ensuring timely collection of receivables.
  

• Ensure lawyers regularly record their billable hours and meet billing deadlines for time-based transactions.
  

• Prepare and maintain financial reports, including income statements, balance sheets, and cash flow statements.
  

• Ensure compliance with accounting standards and regulatory requirements.
  

• Assist in monthly and annual financial closings, reconciling accounts as needed.
  
  

3. Budgeting and Cash Flow Management:

• Assist in the preparation and monitoring of budgets.
  

• Track expenditures and ensure financial activities align with the budget
  

• Monitor and manage cash flow to ensure the firm meets its financial obligations.
  
  

4. Tax and Compliance Management:

• Assist in tax filings and ensure timely remittance of statutory payments (VAT, PAYE, pension, etc.).
  

• Work closely with accounting partners, external auditors and tax consultants to ensure smooth financial audits.
  

• Stay updated on changes in tax laws and ensure compliance with relevant regulations.
  
  

5. Vendor and Expense Management:

• Process payments to vendors, and service providers, ensuring accuracy and proper documentation.
  

• Maintain vendor records and negotiate favorable payment terms where possible.
  

6. Payroll Administration:

• Process payroll, ensuring accurate salary calculations and timely disbursements.
  

• Ensure statutory deductions (e.g., pensions, taxes) are correctly applied and remitted.
  
  

7. Financial Controls and Process Improvement:

• Ensure financial policies and procedures are followed in daily operations.
  

• Identify areas for process improvement to enhance financial efficiency and transparency.
  

• Support in implementing internal controls to safeguard financial assets.
  

8. Team Collaboration:

• Work closely with other departments to support financial decision-making.
  

• Provide financial insights and reports to management when needed.
  

• Assist in training staff on financial policies and procedures as required.
  

Requirements

• Bachelor's degree or Higher National Diploma in Finance or Accounting. A professional certification (e.g., ACCA, ICAN) is a plus.
  

• Proven experience in an accounting or finance role, preferably within a law firm or professional services setting.
  

• Strong understanding of accounting principles, financial reporting, and tax regulations.
  

• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
  

• Excellent organizational and analytical skills, with keen attention to detail.
  

• Ability to work independently, manage multiple tasks, and meet deadlines.
  

• Strong communication and interpersonal skills.
  

• Knowledge of Nigerian financial regulations and compliance requirements.