Finance Officer

VFD Group is an alternative financial service holding company that creates value by working within Nigeria's informal financial sector to create innovative products and solutions that are accessible to the everyday Nigerian.We are recruiting to fill the position below:Job Title: Finance OfficerLocation: LagosJob SummaryThe role will be responsible for performing all the operational activities related to the financial management function of the group and its entities, including processing payments, posting of transactions and statutory remittances, providing timely and accurate financial information, preparing management accounts and management related reports.Key Task:Ensure proper internal audit and control system.Implement risk management system.Investigate fraud within the organization.Carry out Audit activities and prepare reports.ResponsibilitiesEnsure effective revenue assurance by appropriate computation of interest and other charges including default and rollover.Daily postings of transactions to appropriate books and softwares and update of repayment tracker.Produce periodic financial reports, loan disbursed, expected VS actual, matured and maturing, currency purchase and sales reportEffective filing of transaction documents and maintenance of records for effective audit trails.Ensure daily reconciliation of bank balances of all transactions daily.Ensure the Monthly remittance of PAYEE and pensions by no later than 5th of the following monthCollate relevant information for the generation of periodic statutory returns, e.g, tax, for regulatory authoritiesWork with auditors and other parties where necessary.Preparation of payroll scheduleOther duties as assignedKey Performance Indicators:Timeliness and accuracy of management accounts and reportsAverage time to process invoices on approved transactionsAverage time to approve paymentsAccuracy in cash-flow estimatesAverage budget variances - Actual vs. PlanVariances in expense accounts - Actual vs. PlanPerformance in external audit examinations. 

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