Financial Controller at Kloverharris Limited

Kloverharris Limited is a Human resource / IT Consulting company that provides high quality services to businesses across Africa. We pride ourselves in how well we assist organizations overcome challenges that bother on optimal performance by proffering a wide array of solutions through the use of deep IT expertise, industry - wide expertise and highly proficient tools.

We are recruiting to fill the position below:

Job Title: Financial Controller

Location: Ikoyi, Lagos
Employment Type: Full-time

Job Summary

• We are seeking a detail-oriented and experienced Financial Controller to oversee the financial operations of our organization. 
• This role is integral to maintaining the financial health and compliance of the business, focusing on margin accounts, tax fund management, payroll, audits, and internal controls.
• The ideal candidate will possess a strong background in finance and accounting, with a keen understanding of regulatory standards and financial best practices.

Key Responsibilities
Margin Accounts:

• Oversee the management and reconciliation of margin accounts, ensuring compliance with regulatory requirements.
• Monitor margin levels, analyzing and reporting any discrepancies or risks to senior management.
• Provide insights into margin performance, suggesting improvements where necessary to optimize financial outcomes.

Tax Fund Management:

• Manage tax fund allocation and ensure timely and accurate filing of all required tax returns.
• Coordinate with external advisors to optimize tax strategies and ensure compliance with local, state, and federal tax regulations.
• Track and manage tax liabilities and plan for effective tax payments, minimizing financial risks.

Payroll:

• Oversee the payroll function, ensuring that employee compensation is processed accurately and on time.
• Ensure compliance with all payroll regulations, including tax withholdings and benefits administration.
• Collaborate with HR to maintain accurate payroll records, addressing any payroll discrepancies promptly.

Audits:

• Coordinate and manage internal and external audits, ensuring timely and accurate documentation of financial data.
• Address any audit findings or concerns, implementing corrective actions where necessary.
• Maintain comprehensive records for audit purposes, ensuring full compliance with auditing standards and requirements.

Internal Controls:

• Develop, implement, and monitor internal controls to safeguard the company’s financial assets and ensure accurate financial reporting.
• Conduct regular assessments of internal control procedures and recommend improvements to enhance efficiency and mitigate financial risks.
• Collaborate with other departments to ensure financial policies and controls are adhered to across the organization.

Qualifications

• Bachelor’s Degree in Accounting, Finance, or a related field.
• At least 7 years of experience in financial management, accounting, or as a financial controller.
• Strong understanding of financial regulations, tax laws, and accounting principles.
• Proven experience in managing audits and developing financial controls.
• Solid knowledge of payroll processes and tax compliance.
• Advanced proficiency in financial software and Microsoft Excel.
• Excellent organizational skills, attention to detail, and the ability to handle multiple tasks simultaneously.

Preferred Qualifications:

• Certified Public Accountant (CPA) or similar professional certification.
• Master’s degree in Finance or Accounting.
• Experience in margin account management and tax fund strategies.

Application Closing Date
7th April, 2025.