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Key Responsibilities:

• Processing of suppliers / vendor invoices for payment
• Maintaining the creditors’ schedule
• Ensure daily/weekly collection of Bank statements and   confirmation of cheques
• Manage all forms of payment (internet banking, Remita, interswitch etc)
• Keeping the financials documents organized and filed
• Detect and eliminate errors in payment request
• Confirm all retirement before another cash advance is processed for a staff
• Ensure posting of items received by the store into appropriate Trade Creditor’s account
• Verify all intercompany transactions across businesses – review and sign off on all intercompany transactions across the divisions
• Confirm on monthly basis that charges on COT and Interest are in line with the agreed rate.
• Perform any other related duties from time to time

Key Performance Indicators:

• Outputs
• Frequency
• Daily Cash Position
• Daily (12 noon)
• Review of Bank Reconciliation Statements
• Weekly (WD 2)
• Bank Charges/Interest Verification Report
• Monthly (WD 5)
• Report on Fixed Deposit
• Monthly (WD 5)
• Treasury Sectional Report
• Monthly (WD 5)

Functional Competencies/Requirements:

• Skill to improve risk management through reduction/transparency of cash balances
• Banking transaction execution and settlement skill
• Cash and investment reporting skill
• Compliance to audit observation as to the segregation of duties with reference to back office functionality of recording transactions through a systematic driven authorization/execution process

General Management Competencies/Requirements:

• Strong Oral and Written Communication skills
• Good Presentation Skills
• Relationship Management
• Strong Problem solving skills
• Ability to plan, schedule and coordinate effectively

Educational Qualifications/Experience:

• Minimum of university degree or HND Accounting, Finance or related discipline
• Minimum of 1 years post professional qualification experience.

Desired Personal Attributes:

• Integrity
• Proactive self-starter
• Assertive and tenacious
• Ability to work with little or no supervision
• Ability to work with all levels of management, build partnerships and teams
• Highly organized and able to adapt quickly to changing priorities
• Ability to cope with and work under pressure

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Job Purpose

• To design, implement and co-ordinate compliance activities across the business to assure compliance with the Company’s policies and procedures, rule and regulation as well as statutory requirements.

Key responsibilities include;

Risk & Quality Monitoring

• Ensure and monitor store compliance to Company policies, procedures and systems
• Monitor the implementation of internal audit recommendations to ensure the satisfactory resolution of identified significant issues
• Conduct OSC – Operations Standard Compliance on stores to ensure compliance to store standards
• Ensure follow up on gaps identified Monitor the implementation of internal audit recommendations to ensure the satisfactory resolution of identified significant issues
• Ensure and monitor company’s compliance to statutory requirements.
• Ensure timely filling of all statutory documents to respective government agencies

Reporting & Recommendations

• Proactively identify trends and issues from audit findings and formulate recommendations for improving compliance and addressing identified weaknesses/gaps across all locations/markets in which the company operates
• Report on company’s compliance with IFRS (International Financial Reporting Standards), SEC, NAFDAC , Government Agencies, etc.
• Develop and maintain the company’s Quality Management system, ensuring full compliance with its guidelines and a consolidated uniform approach across the company
• Report variance and ensure proper follow up

Requirements

• A good first degree in Accounting, Finance, or related field
• Minimum of 2-3 years’ experience in a similar role is required
• Membership of the ICAN, CITN, ACCA, CIS or any other related professional qualification is an added advantage