VP, Finance & Admin in Lagos, Nigeria

Retail / Wholesales
Financial Services
Minimum Qualification
Bachelor's Degree
Required Experience
5 - 7 years
Employment Type
Full Time
Male or Female

Job Description

Job Ref: 151006-3
Business Unit: Konga
Reporting Line: Chief Financial Officer

Job Description

  • Provide management with financial and operational performance insights and influence for the Finance and Admin teams.
  • His/her responsibilities shall include but not limited to oversight of strategic financial planning and analysis of resource use and development; partnering in budget planning and oversight of budget implementation

Duties & Responsibilities
Financial accounting and reporting:

  • Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP).
  • Develop, implement, and ensure compliance with internal financial and accounting policies and procedures.
  • Ensure that all statutory requirements of the organization are met including Charitable Status.
  • Withholding Payments, Income Tax, Goods and Services Tax.
  • Prepare all supporting information for the annual audit with the approved external auditor.
  • Document and maintain complete and accurate supporting information for all financial transactions.
  • Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash.
  • Reconcile bank and investment accounts; and manage cash flow
  • Review monthly results and implement monthly variance reporting as compared to budget.
  • Manage the cash flow and prepare cash flow forecasts in accordance with policy
  • Manage the bookkeeping function, using the Simply Accounting Package, including maintenance of the general ledger, accounts payable, accounts receivable and payroll
  • Develop and implement policies and procedures as required to ensure that personnel and financial information is secure
  • Manage all company payments and ensure payments are paid in a timely and accurate manner
  • Assist with the negotiations and manage the employee insurance and benefits plans
  • Process and submit statutory and benefits remittances on time
  • Assist staff with the preparation of budgets for funding applications
  • Manage the work and development of staff members consisting of two full time senior accountants and one part time senior
  • Responsible for maintaining accurate books and subsidiaries, including the gift card program at the shopping malls.
  • Prepare monthly forecast update, primarily by working closely with department heads
  • Prepare or review annual audit work papers and the six-months review work papers for the outside auditors.
  • Assist in preparing annual audited financial statements.
  • Review bank reconciliations, loan schedules, management fees, etc.
  • Assist the Director of Finance in preparing the annual corporate budgets.
  • Oversee the functions of the Admin team
  • Special projects as required.
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