Team Lead, Financiaal Control and Tax
Ascentech Services Limited
Lagos
8d ago
source : myJobmag
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    Ascentech Services Ltd acts as a gateway to provide end to end recruitment services to Organisations Worldwide. We are a dedicated team of professional consultants offering top of the line executive recruitment and selection services.

    We cater for the needs of a range of professionals seeking employment and work together to create effective solutions using our networks and strong client base.

    RESPONSIBLE TO : CHIEF FINANCIAL OFFICER

    SUMMARY OF RESPONSIBILITIES

    Responsible for timely, accurate and reliable financial accounting information and statistics suitable to the need of running the business ensure that established accounting systems and procedures are adhered to and recommend controls necessary to safeguard the company’s assets and income.

    Main Functions

    To maintain proper records of all company’s assets, liabilities and trading functions and the security of the assets.Form a close working relationship with the Management Accountant, Chief Financial Officer and Senior Managers providing the strategic guidance required to support current activities and future growth.

    Responsible for the timely preparation and submission of CBN Monthly returnsLead staff development and succession planning for financial Control team membersActively recruit, mentor and develop team members’ capability and future leadership potential

    Ensure that :

    Appropriate financial records are keptAll statutory accounts are submitted accurately and on timeThe annual accounts are appropriately auditedSuggest updates to the accounting the company’s manual and procedures as appropriateContinually initiate and drive process improvements within the finance departmentBeing responsible for the integrity of the accounting system by ensuring that accounting transactions are posted and financial reports are produced on a timely basisEnsure statutory and internal reporting are in accordance with all applicable laws and regulations, and are fully compliant with all company’s policies and proceduresTo implement effective accounting procedures and internal controls which conform to corporate standards and ensure that they are followed.

    Establish a high level of credibility and manage strong working relationships with external parties including customers, vendors, advisors and external auditorsMaintain efficient and effective fixed assets system covering the day-

    to-day recording and control over the company’s fixed assets. Organize verifications and reconciliation with the fixed asset register as at when necessary.

    Carry out regular review of all the company’s assets.Scrutinize payment vouchers before payment is effected with a view to controlling expenses.

    To attend to internal and external Audit request / enquiries and ensure Audit report recommendations are followed up and implemented according to company’s procedures.

    Ensuring timely rendition of statutory returns to government agencies

    Tax Functions

  • Minimizes legally required taxes by studying regulations, presenting strategies to the managementOversee tax audit exercises and follow up with the relevant government agenciesWork closely with the company’s tax consultants on tax related mattersRecommends tax strategies by researching federal, state, and local taxation issuesMaintains legislative materials by reviewing, interpreting, and implementing new or revised lawsMaintains compliance with regulations by forwarding required information to federal, state, and local authoritiesUpdates job knowledge by participating in educational opportunities;
  • reading professional publications; maintaining personal networks; participating in professional organizations.Accomplishes accounting and organization mission by completing related results as needed.

    QUALIFICATIONS AND REQUIREMENTS

    Bachelor’s degree in accounting, finance, business, economics or related fields.Internationally recognized accounting qualification (CA, CPA, ACCA, CMA, ACA)Excellent communication and interpersonal skillsHigh level of integrity and ethical behaviour -

    sets a good exampleProven record of leading and developing subordinatesStrong ability to prioritize, multi-task and delegateHighly IT literateSolid team player with high energy and go get attitude to deliver resultsHigh degree of resilience3 + years Experiences

    Details : Job Summary :

    Job Summary :

    The job holder is responsible for determining present value & performance of current treasury (Liability Generation) products as well as their possible future business abilities, by analysing financial information and making projections that would enhance informed and correct business decisions.

    Key Result Areas

    Business Performance Effectiveness Analyze intelligence about performance of existing treasury products and strategically aid product development to optimize liquidity.

    Research on information relevant to the company’s markets and on debt to equity funding options available for the company.

    Forecast and model future funding needs for the organization, according to various planning scenarios.Participate in cross-

    functional projects with investments, development, accounting and other internal groups. 2 Risk Management & Control Understand, maintain, and support the execution of interest rate risk management strategy.

    Perform minimal research and creating structure behind possible mergers and acquisition.Ensure compliance with financial corporate governance requirements including policies, procedures, reporting requirements, performance metrics and internal controls.

    Perform financial modelling and analysis related to interest expense and financial metric forecasting for internal controls and debt covenant compliance.

    3 Reports Support production of presentations for board, investor relations and other key constituents.Prepare, analyze, and communicate financial results for treasury products to various stakeholdersPresent ideas via reports and presentations, outline findings and make recommendations for improvements.

    SKILLS & KNOWLEDGE

    Educational Qualification & Functional / Technical Skill or Certification

    University degree in Finance, Accounting, Business Admiration, Economics or a related field Proficient in statistical & analytical knowledge

    Relevant Experience (Type of experience and minimum number of years)

    Minimum of 2 years’ experience in a similar role within the financial services sector

    Role Competency Description Competency Level

    Communication

    Uses interpersonal skills (including listening skills) to achieve effective two-way information exchange, including writing clearly and concisely

    Skilled

    Analysis & Problem Solving

    Identifies & analyses issues & problems, considers alternatives, makes sound decisions & commits to a course of action.

    Quality of Work

    Produces work and provides services of a high standard on a consistent basis and applies the appropriate technical, professional or specialist knowledge

    Inquisitive & Probing

    Ask questions and obtains absolute satisfaction from the answers given ensuring no unpleasant surprises or mistakes from missed information

    Sound Judgment

    Possessing a capacity to assess situations or circumstances shrewdly and to draw sound conclusions.

    Advanced

    Behavioural (Personality Profile. List all distinguishing capabilities)

    Creative, Team Work, Detail Oriented, Customer Focus, Professionalism, Integrity

    Method of Application

    All candidates qualified should send CVs to

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