Responsible for keeping & maintaining proper records of the company’s financial transactions, ensure compliance with internal control procedures and financial policies in performing day-to-day transactions processing, review collation of invoices, local purchase orders & passing of journal & payment vouchers, review general ledger accounts regularly to ensure accurate and prompt postings of all transactions, monitor and review accounting and related system reports for accuracy and completeness, review and approve daily report of bank & cash position as well as daily journal vouchers, maintain and manage general ledger according to defined accounting principles, ensure the monthly reconciliation of all ledgers, manages all aspects of the budget including: budget preparation, budget coordination and budget execution, responsible for developing and defending the annual operating budget for the organisation, this includes preparing and/or reviewing all decision items, budget schedules, budget amendments, strategic plan & performance measures, serves as the primary contact person on all budget issues, develops methodologies and procedures for the preparation of the annual budget, implements and monitors budgetary policies & procedures for the organisation, provide assistance /direction to unit heads with regards to budget preparation, verifies specific needs & recommends changes for adjustments, directs all budget management activities, this includes the development, review & approval of all staffing patterns & budget allocations, review all expenditure & revenue monitoring & identification, development & approval of all supplemental requests,ensure approved capital expenditure budgets are adhered to at all times, monitors & ensure any variations to budgets and actual are explained in management reports, maintain adequate relationships with banking institutions and ensure accurate and up-to-date database of signatories of all Tiddo Securities bank accounts, management of bank facility, review monthly bank reconciliations in accordance with laid down documented control procedures & follow up on outstanding issues like uncleared effects & un-necessary /wrong charges with the banks and reviews cash flow and replenishment needs, confirmation of cheques, management of bank facility, report any discrepancies and case of financial impropriety, embezzlement and fraud, ensure utmost transparency, honesty and integrity in execution of duties, to control operating cost to the barest minimum,and advise management in writing of any act likely to increase cost, maintain and monitor a system of controls and procedures, record fixed acquisitions and disposals in the system & update of fixed assets registers, conduct periodic physical inventory counts of fixed assets, prepare audit schedules relating to fixed assets and assist the auditors in their inquiries, processing of monthly depreciation, review and update the detailed schedule of fixed assets and accumulated depreciation, track the company expenditures on fixed assets in line with the budget, maintenance & update of prepayment registers, ensure that amortization of prepayment accounts are correctly carried out monthly, maintenance and reconciliation of receivables and payables ,oversee and supervise all credit control operations including review of outstanding accounts and follow-up of credit sales with customers. ensure that only approved credit customers benefit from the company’s credit policy, ensure that cash advances are retired within 24 hours of arrival by such staff, coordination of internal & external audits by providing any relevant information as may be required during the audits, liaise effectively with the external auditors to ensure that efficient and effective audit process is carried out, follow up on audit recommendations and action plans, ensure that control procedures set are strictly adhered to at all times, create conducive relationship with clients for purposes of payments through various means of E-Transfers and other related issues, ensure ALL services rendered are charged, supervise the management of office imprest. payroll administration and preparation of staff pay slips, ensure accurate computation & prompt remittances of statutory staff deductions from monthly payroll and payment of other tax liabilities and monthly trading charges to agencies of government /beneficiaries in compliance with statutory regulations -PAYE, Pension, Withholding VAT & Stamp Duties, ensure timely preparation and submission of quarterly and annual reports of financial statement to the regulatory authorities-NSE & SEC, produce timely and accurate financial statements and reports including trial balance, statement of comprehensive income and statement of financial position for management use in line with International Financial Reporting Standard with integral 2000 software, ensures that branch management accounts are sent promptly. Oversee periodic closure of books and records, take responsibility for reviewing & reconciling year end accounts, administering the year end process and reporting as required , provide administrative assistance during general office meetings and workshop, provide administrative support for offices and activities, supervise the establishment and maintenance of the overall office filing system, Supervise & coordinate all activities within the finance department and perform any other duties that may be assigned from time to time by management.
Responsible for keeping & maintaining proper records of the company’s branch financial transactions, perform various financial analysis of accounts from time to time as assigned by manager, collation of invoices, local purchase orders & passing of payment & journal vouchers, prepares daily report of cash/bank position and monthly bank reconciliation, follow-up of credit sales with customers, ensure that only approved credit customers benefit from the company’s credit policy, collect, analyse & reconcile all bank books and statements and report any discrepancies and un-necessary charges, to report any case of financial impropriety, embezzlement and fraud, ensure utmost transparency, honesty and integrity in execution of duties, to control operating cost to the barest minimum and advise OPM, Accounts manager in writing of any act likely to increase cost, ensure that cash advances are retired within 24 hours of arrival by such staff, accurately prepare and pay monthly staff salaries, preparation of staff pay slips, ensure all advance accounts are analysed on regular basis and kept clean, ensures prompt payment tax and other issues e.g. NSITF, VAT etc, presentation of weekly & monthly report to accounts manager on branch cash, bank and debtors position, physical stock taking of goods, stock reconciliation, proper upkeep and maintenance of warehouse stocktaking of the goods, Provide financial and administrative support for Abuja offices and activities; oversee the day to day cleaning of the offices and environs, responsible for the preparation of branch trail balance, trading, profit & loss accounts and balance sheet using Peachtree accounting software.
Budget control, monthly & annual stocktaking of raw materials & consumables, work in progress and finished goods, stock valuation & passing of journals entries, Liaise with storekeeper in ensuring timely restocking of raw material & consumables and issue of the same. Surprise checks of physical stocks at warehouse and comparison with book stocks using Sun accounting software.
Stock Valuation, Collation of invoices, local purchase orders, passing of payment & journal vouchers costing and fixing of prices for our various products, monthly & annual stocktaking of raw materials & consumables, work in progress and finished goods, with stores department staff, Liaise with storekeeper in ensuring timely restocking of raw material & consumables and issue of the same. Surprise checks of physical stocks at warehouse and comparison with book stocks.