Job For Finance Executive at 3Line Card Management Limited

⏲ Apr 25, 2019, 10:33 AM
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3Line commenced business with the primary aim of using technology to make financial services easily accessible to the financially excluded. We believe this is a basic human right, and 3Line is our platform for achieving this purpose. We do this by being a one stop shop for electronic payments service. Our infrastructure processes transactions across multiple electronic channels. We focus on four key areas: Card scheme (FreedomCard), Transaction Switching & Processing, Agent & Branchless banking and bespoke electronic payment application development. We are recruiting to fill the position below: Job Title: Finance Executive Location: Lagos Job Description

Carryout salary structure, benefits and payrolls.
Suggest ways to reduce costs, enhance revenues and improve profits
Work closely and transparently with all external partners including third-party vendors and consultants.
Update and maintain accounting journals, ledgers and other records detailing financial business transactions (e.g., assets, disbursements, expense vouchers, receipts, accounts payable, etc).
Reconcile records with internal company employees and management, or external vendors or customers.
Manage all aspects of Procurements, Account Receivable, Account Payable and Billing including product pricing, bills, credit card charges, and invoicing client bills, ensuring accuracy of each bill and proper classification, accurate posting, and classification of the daily receivable transactions, preparing cheques when needed, and maintaining accurate and comprehensive records of each day’s transactions
Perform such other accounting, financial, or administrative tasks as may be required from time to time – quite often on short notice - by the management.
Develop accounting policies and processes that would guarantee the processing of transactions in line with best practice and help in collaborating with other departments.
Identify gaps in current accounting policies and procedures and come up with useful suggestions on how to bridge the gap.
Ensure that the control deficiencies identified by the external auditors in their Management Letter Comments for the year-end audit exercise are addressed.
Liaise with the external auditors and respond to audit queries to ensure timely conclusion of the audit.
Timely filing of VAT and WHT returns.
Analyze and present financial reports in an accurate and timely manner;
Ensure that taxes are computed, prepared, paid & filed properly and timely;
Ensure that financial statements and records comply with laws and regulations
Prepare monthly, quarterly and annual financial statements for management;
Partake in the annual audit process, liaise with external auditors and supervisor to assess any changes necessary.
Manage organizational cash flow, budgeting, forecasting, and planning process; monitor progress and changes and keep senior leadership team abreast of the organization’s financial status
Update and improve the department’s overall policy and procedure manual.
Assist in performance management processes for team.