Finance and Reconciliation Officer at IT Horizons Limited

At ITH Holdings, we are a dynamic and innovative conglomerate comprising IT Horizons, Zojatech, and Zojapay. As a leading provider of cutting-edge technology solutions across various industries, we are driven by a passion for excellence and a commitment to transforming businesses through digital innovation. Our team of experts is dedicated to pushing boundaries and consistently exceeding client expectations, shaping the future of IT, software development, and fintech.

We are recruiting to fill the position below:

Job Title: Finance and Reconciliation Officer

Location: Lagos
Employment Type: Full-time

Job Summary

• To provide support in bookkeeping, capturing of accounting transactions, bank reconciliation and reporting on financial transactions.
• Prepares records for remittance of statutory deductions such as: Value Added Tax (VAT), Withholding Tax (WHT), Capital Gain Tax and staff related statutory payments i.e. PAYE, Pension, NHF, etc.

Responsibilities

• Updates account payable and receivable ledgers for all purchases, including payments to vendors for products or services. Receives invoice and requisition for goods and services and also process payments accordingly.
• Prepares and update prepayments, accruals and provisions schedules and ledger.
• Prepares weekly report for payment transactions.
• Prepares periodic or monthly reconciliation of all accounts to ensure accuracy and completeness.
• Relates effectively with the organisation’s financial service providers.
• Documents and update records of all fixed assets to ensure assets are properly valued, accounted for and safeguarded.
• Reviews records for remittance of staff related statutory payments i.e. PAYE, Pension, NHF, etc.
• Prepares monthly account and compute appropriate taxes; VAT and WHT schedules.
• Processes expense retirement ledgers to ensure proper accountability of all cash advances.
• Assists in the generation of financial reports as required by management.
• Handles all aspects of assigned bookkeeping activities such as journals and nominal ledger administration by updating the accounting application with transactions as they occur. 
• Implements accounting controls in day-to-day performance of tasks (e.g. confirm the accuracy of general ledger codes on the accounting system). • Documents and updates records of all assets to ensure proper valuation and security.
• Collates and consolidates financial information from all business units and prepares trial balances.
• Reconcile daily all closed, active and top-up accounts of clients and for internal business operations.
• Reconcile daily all accounts and uploads to confirm that all payout amounts are accounted for.
• Reconcile daily repayments amendments and investigate variations were appropriate.
• Reconcile the charged amount status of all daily payments and assist with refund payments.
• Reconcile daily collection uploads and suspense account management.
• Monitor and reconcile daily loan disbursements and repayment schedules.
• Performs other duties that may be assigned by the Accountant.

Requirements
Experience:

• Minimum of four (4) years cognate experience in the IT industry or a similar organization.
• Sound knowledge of GAAP.

Educational Qualification:

• Minimum of first degree in Finance/ Accounting/ Business Administration/ Economics or any related discipline is required.

Professional Qualification:

• Relevant professional certification from the Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) is required.

Skills Competencies:

• Financial management, accounting, analysis Management Accounting 
• Accounting systems and standards • Knowledge of financial policies and procedures
• Financial reporting and budgeting • Knowledge of ERP Accounting application
• Account reconciliation
• Leadership
• Problem solving and analytical skills
• Team development
• Interpersonal
• Attention to detail
• Communication (written & verbal).

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV to: careers@ithorizonsgroup.com using the job title as the subject of the mail.