Finance Lead - Payroll at Seven-Up Bottling Company Limited

Seven-Up Bottling Company Limited is one of the largest manufacturing companies in Nigeria, producing and distributing some of the nation’s most- loved beverages in the country like; Pepsi, 7Up, Mirinda, Teem, Mountain Dew, H2oH!, Lipton Ice Tea and Aquafina premium drinking water. SBC has recently entered into Home & Personal Care category with the 2SURE brand and launched its first product, a Hand & Surface Sanitizer. Seven Up boasts of nine bottling plants with state-of-the-art manufacturing facilities strategically located across various regions in the country.

We are recruiting to fill the position below:

Job Title: Finance Lead - Payroll

Location: Lagos
Employment Type: Full-time

Position Overview

• The main purpose of the Finance Lead – Payroll role is to ensure the accurate management of payroll operations while providing essential support in financial reporting, taxation compliance, and budgeting processes.
• This role plays a vital role in maintaining financial accuracy, compliance with regulations, and contributing to the financial stability and growth of the organisation.

Responsibilities

• Oversee the accurate and timely processing of employee compensation, including payroll records, tax withholdings, and benefit deductions, addressing payroll inquiries as needed.
• Provide assistance in the preparation of accurate financial statements, ensuring compliance with accounting standards and regulations, while collaborating with the accounting team to maintain precise financial records.
• Offer support for tax compliance efforts, including income tax, sales tax, and other applicable taxes, to ensure timely and accurate tax returns, while staying updated on changes in tax laws and assisting in managing financial risks related to taxation.
• Collaborate in the development and management of the annual budgeting process, working closely with department heads to establish financial goals and providing financial forecasts to support decision-making.
• Assist in coordinating with external auditors during financial audits, ensuring audit requirements are met, and contributing to the implementation of audit recommendations to improve internal controls.
• Collaborate in financial data analysis to identify trends and provide insights to enhance cost control and revenue generation, as well as support efforts to monitor and manage cash flow effectively for financial stability.
• Contribute to ensuring compliance with financial and tax regulations, participating in proactive risk management strategies, and assisting in the implementation of internal controls to safeguard financial assets.
• Collaborate within the finance team, including payroll, accounting, and taxation functions, to provide support and foster a culture of excellence and continuous improvement.

Qualifications and Skills

• Bachelor's Degree in Accounting, finance or any related field.
• ICAN/ CPA/ ACCA certification is required.
• Proven experience (5+ years) in payroll management, financial reporting assistance, and taxation support.
• Proven work experience as an Accounts Manager.
• Knowledge of MS office and payroll, accounting and taxation reporting software –UltraTax, SAP etc.
• In- depth knowledge of accounting and bookkeeping processes.
• Knowledge of state and federal tax form processes.
• Strong knowledge of accounting principles, financial regulations, compliance standards, and payroll systems.
• Ability to communicate clearly in both written and speech
• Excellent accounting skills
• Ability to work well under pressure
• Excellent analytical, problem solving skills.
• Strong attention to details with excellent analytical skills.
• Leadership and Management Skills.

Application Closing Date
30th November, 2023.