Finance Officer
Total des années d'expérience :14 years, 2 Mois
of financial transactions including periodic review of all income and expense GLs
•Preparation of Annual Financial Statements
•Preparation of annual budget and monitoring of budget utilization/implementation
•Responsible and handling of year-end statutory and non-statutory audit requests
•Timely closure of accounts for month-end and year-end financial reporting
•SAP update/ Maintenance of Cost Centre hierarchy on SAP
•Responsible for SAP GL & Cost Centre Administration for accurate financial records, coordination of all periodic accounts closure, ensuring adherence to the company’s policies and other regulatory guidelines
•Computation of income tax liability and posting of same every month-end
•Preparation of weekly and monthly reports to the Risk Management Department (Ops Loss Report)
•Preparation of weekly and monthly financial reports to the Management
•Provide constructive feedback to partners on all observed irregularities with respect to financial transactions
•Coordinating the implementation of latest IFRS standards (IFRS 9, IFRS 16 etc)
•Computation of earned interest income on investment securities (T-bills & Bonds) using effective interest yield method to determine and post any possible under or over-recognition for each month. Likewise calculating any possible gain or loss on Mark to Market (MTM) on investment securities.
•Daily preparation of bank reconciliation statements to monitor the cash at bank with the balance
in the ledger account.
and presentation of financial reports
•Management and control of cash and credit transactions
•Reconciliation of cash and bank statement
•Oversee the inflow and outflow of cash
•Daily/monthly stock taken and reconciliation. Also responsible for ordering and delivery of goods
•Report and presentation of financial report, stock position inclusive
•Ensure all administrative functions are carried out efficiently and effectively
•Making sure all clients enquires are attended to promptly and satisfactorily
•Driving existing business to maximize profitability and revenue to the company
•Identifying Target Markets and how best to reach it
•Assisting in business development of the company and strengthen the relationship.
•Perform other duties assigned to me
for management of Approved and Existing Scheme’s Funds (NDIC, Unilever Retiree Fund, FBN, Mobil Oil and ExxonMobil Funds and etc Daily balancing of cash at hand.
•Prompt processing of both active and retiree clients’ payments (Lump sum and Programmed withdrawals, Annuity, Deceased, VC, 25%, En-bloc, Foreigner, Approved Existing Schemes etc.) after the receipt of approval from the National Pension Commission (PENCOM).
•Ensure NAV is duly updated after payment and issues properly captured whenever they occur.
•Contacting clients within 48 hours of return and non-payment.
•Timely re-application, re- process and re-upload of NEFT returns within 24 hours of advice
•Initiate instruction for upload of contributions remitted by fund sponsors on approved existing schemes and follow up to ensure that their accounts are funded based on SLA.
•Ensure that all details for changes are properly captured / logged to ensure that all changes are effect while processing payment.
•Reduced and maintain zero operational loss by ensuring that all requests for withdrawals are in accordance with the Pension Reform Act 2014 (as amended) and adherence to PenCom’s guidelines on the Administration of Retirement and Terminal benefits.
•Preparation of Admin fees Invoice at the end of every month
• Preparation of payments report to the Commission on monthly basis
•Annual Verification of Retirees for the required funds by due date as instructed by the fund’s sponsors.
• Prompt response to Emails and Enquires, and perform other duties assign to me
•Carrying out all other duties as assigned from time to time.
courses: of Chartered Accountants of Nigeria (ICAN) (In view) •The Chartered Institute of Taxation of Nigerian (CITN) •Nigerian Institute of Management (Chartered). •Bachelor’s degree (BSc) Accounting •Higher National Diploma – Accountancy – Upper Credit •National Diploma – Accountancy – Lower Credit. •Secondary School Certificate