Senior Finance Officer needed at Vale Finance Limited

Description 

• Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions.
• Preparation of monthly Management Accounts & yearly financial statements including computation of relevant ratios.
• Valuation of Financial Assets and Liabilities in line with International Financial Reporting Standards (IFRS)
• Monitoring the Company’s operating expenditure and overseeing the accrual & prepayment process to prevent volatilities of earnings.
• Prepare the annual and monthly budgets and monitors adherence to budget through monthly performance reviews.
• Prepare a cash flow projection for the company and manage liquidity.
• Prepare tax returns and comply with corporate reporting requirements. Ensure that all statutory deductions and tax returns are filed on time.
• Ensure Bank reconciliation is performed weekly and ensure daily posting of transactions and period-end journals.
• Reviews invoices, receipts and other documents supporting transactions to verify the accuracy.
• Prepare, review, and analyse monthly financial statements and report any variances to management, while identifying areas for improvement
• Coordinate the month-end, quarter-end and year-end closing processes.
• Coordinate the statutory audit of financial statements and ensures that they are filed with
• FIRS and other regulatory authorities on time.
• Monthly review and processing of the payroll schedule, and preparation of month-onmonth variance analysis.
• Assist with special projects when required.
• Ensure that all finance policies and procedures for the company are strictly adhered to.
• Comply with federal, state, and local financial regulatory requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
• Support fundraising activities and manage existing shareholder and debt provider reporting requirements, including the management of financial covenant monitoring and reporting.
• Contribute to building a system of strong controls over financial reporting and business operations.
• Be actively involved in business process review and improvement.
• Support automation and digital transformation projects in the company.
• Preparation of Quarterly reports to Board and Board committees.
• Preparation of accounting policy changes for review by the supervisor within 4 weeks after the communication of the new standard.
• Assessment and implementation of new accounting standards/policies and preparation of financial statements.

Requirements

• Interested candidates should possess a Bachelor’s Degree in relevant fields with 4 – 7 years work experience.