Finance Associate
Job Summary
The Finance Associate will support the Finance team in maintaining accurate financial records preparing financial reports performing reconciliations supporting budgeting and forecasting activities and ensuring compliance with applicable financial and regulatory requirements.
The role will work closely with the Finance team and other business stakeholders to ensure timely execution of financial processes accurate reporting effective financial controls and the provision of relevant financial information to support business decision-making.
1. Financial Reporting & Accounting
- Support the preparation of accurate and timely monthly quarterly and annual financial reports.
- Maintain accurate accounting records and ensure transactions are properly recorded and classified.
- Assist with month-end quarter-end and year-end financial close processes.
- Perform regular reconciliation of general ledger accounts bank accounts and intercompany balances.
- Support the preparation of financial schedules and management reports.
- Assist with the preparation and review of financial information for assigned business areas.
2. Budgeting & Forecasting
- Support the annual budgeting and periodic forecasting processes.
- Assist in monitoring actual performance against approved budgets.
- Prepare budget variance reports and provide explanations for significant variances.
- Support budget revisions and financial planning activities as required.
3. Regulatory & Compliance Reporting
- Support the preparation and timely submission of regulatory returns and reports.
- Assist in ensuring compliance with applicable financial regulations accounting standards and internal policies.
- Maintain accurate documentation and records required for regulatory and audit purposes.
- Escalate potential compliance issues or discrepancies to the appropriate team members.
4. Tax Support
- Support the Finance team in tax compliance and reporting activities.
- Assist with the preparation of schedules and documentation required for tax filings.
- Maintain appropriate records for tax and audit purposes.
5. Financial Analysis
- Conduct basic financial analysis and prepare reports to support business and management decisions.
- Analyse financial data identify trends and variances and provide relevant insights.
- Support the preparation of financial models presentations and management reports.
6. Audit & Internal Controls
- Support internal and external audit activities by providing required schedules documents and financial information.
- Assist in maintaining effective financial controls and ensuring compliance with established processes.
- Identify and report accounting discrepancies control gaps or unusual transactions.
7. Other Responsibilities
- Support the effective management of finance-related processes and systems including the Expense Portal.
- Maintain proper filing and documentation of financial records.
- Work collaboratively with other departments to resolve finance-related queries.
- Perform other finance-related duties as may be assigned.
Required Skills:
Bachelors degree in Finance Accounting Business Administration Economics or a related discipline. Professional qualification such as ACA ACCA CIMA or an equivalent recognised qualification. Minimum of 6 years progressive experience in Finance Accounting Financial Control or a related function. At least 2 years experience in a managerial or supervisory role. Strong experience in financial reporting accounting budgeting forecasting and financial analysis. Good knowledge of tax management regulatory reporting and financial compliance. Experience with CBN/regulatory returns and compliance requirements within the financial services industry. Strong understanding of financial controls reconciliations month-end/quarter-end/year-end close processes and audit management. Experience working with ERP/accounting systems and financial reporting tools. Strong analytical problem-solving and financial modelling skills. Excellent attention to detail accuracy and ability to work with tight reporting deadlines. Strong communication and stakeholder management skills with the ability to work effectively with senior management. High level of integrity confidentiality accountability and professionalism. Experience within financial services investment banking or capital markets is highly desirable.
Required Education:
Bachelors degree in Finance Accounting Business Administration Economics or a related discipline.
About Company
VFD Group has been building an industry-agnostic proprietary investment company with a portfolio of over 40 businesses across various sectors and geographies, creating innovative products and solutions for the African market, since 2009. With extensive multi-sector expertise, VFD Gro ... View more