Finance Officer

To compute, classify, and record numerical data to keep financial records complete; and to perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records.

Job Summary
The Finance Officer is responsible for performing various accounting functions for entities across the VM Group. To compute, classify, and record numerical data to keep financial records complete; and to perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records.

MINIMUM EDUCATION REQUIREMENTS

• Bachelor’s degree in Accounting or Finance

PREFERRED EDUCATION REQUIREMENTS

• Pursuing professional qualification in Accounting such as CPA, ACCA or MSc. Accounting

CERTIFICATION

• Professional qualification in accounting

MINUMUM EXPERIENCE REQUIREMENTS

• Three (3) years’ progressive experience in accounts preferably at a financial institution

Functional/ Technical Skills

• Ability to collaborate effectively with other units and departments
• Experience in knowledge exchange and sharing practices
• Knowledge of accounting concepts, policies, principles, and practice applicable to the securities/investments industry. Includes knowledge of International Financial Reporting Standards (IFRS) and tax laws.
• Strong analytical skills and problem-solving skills
• Well-rounded knowledge of the regulatory environment.
• Knowledge of computerized accounting applications and systems.
• Ensure that information to which you have access is handled in accordance with the Society’s Information Security (IS) policy
• Ensure that information to which you have access is handled in accordance with the Society’s Information Security (IS) policy

Job Responsibilities

• Preparation of month-end schedules and reconciliations including but not limited to: fixed assets schedule, lease schedules, accounts receivables, interest schedule, accruals and prepayments and other balance sheet schedules.
• Prepare journal entries for SBUs assigned.
• Review of general ledger expense accounts for assigned SBUs to ensure proper financial statement classification.
• Perform bank reconciliations for assigned SBUs within the VM Group.
• Preparation of intercompany schedule and reconciliations for SBUs assigned
• File of taxes including but not limited to withholding taxes and contractor’s levy.
• Prepare GCT schedule for submission of Group GCT filing.
• Review payment registers for entities as requested.
• Enter invoices as required for entities within the VM Group.
• Prepare and dispatch rental and maintenance invoices for VM Real Estate Holdings (VMREH) properties.
• Preparation of VM Foundation’s financial statements.
• Process payments for the VM Foundation, VM Innovations and VMREH.
• Monthly reconciliation of Sage 300 to Oracle data import (Revenue and receivables import data)
• Liaise with internal and external auditors and provide ad-hoc reports as required.
• Other assigned duties