Finance Officer Vacancy at Owens & Xley Consults

About the role

Finance Officer job opportunity is available at Owens & Xley Consults for individuals who possess relevant qualifications.

Job Summary

• In this role, you will be responsible for cash flow management, monitoring income and expenditure, as well as reviewing account reconciliations.
• You will also maintain financial records, ensure data accuracy, and the entry of all transactions on the accounting software.

Responsibilities

• Prepare and process transactions in accordance with statutory regulations and company’s policies and procedures.
• Prepare monthly financial reports to show profit and loss, cash flow, and balance sheet.
• Work with the Creative Director in the preparation and planning of budgets for the production of ready-towear, couture and bespoke bridal garments.
• Provide budget data and report on budget performance
• Recommend cost management initiatives and assist with the development of business strategies by preparing financial forecasts
• Maintain records and receipts for daily transactions.
• Ensure financial records are up-to-date with the latest transactions and changes.
• Perform periodic financial analysis to detect and resolve discrepancies.
• Monitor cash transactions and make arrangements for cash to be deposited at the bank on a daily or weekly basis
• Conduct a review of sales and revenue and reconcile accounts monthly.
• Prepare the monthly payroll schedule and employees’ pay stubs to indicate deductions (statutory and penalties), reimbursements, bonuses or any other allowances.
• Process the remittance of monthly taxes as well as pension deductions and ensure that invoices from HMO providers are processed.

Administration:

• Review inventory, purchases and reports submitted by Inventory / Logistics Officer.
• Manage office supplies and make requisitions when stock level is low.
• Supervise the store assistant and ensure that the studio is kept clean at all times.
• Investigate and resolve or escalate customer complaints regarding product quality, service, or delivery.
• Perform other tasks as assigned

Experience and qualifications

• Bachelor’s Degree / HND qualification with a minimum of 3 years work experience.

Competency and Skill Requirements:

• In-depth knowledge of financial regulations and accounting processes.
• Hands-on experience with spreadsheets and financial reports.
• Competency in Microsoft Office, databases, and accounting software.
• Outstanding analytical and organizational skills.

Application deadline

Application details

WHO IS Owens & Xley Consults?

Owens & Xley is a full service business consulting and advisory company located in Lagos, Nigeria. We love creating practical solutions that assist entrepreneurs navigate the day-to- day challenges of running a business.

At Owens and Xley Consults, everything we do is geared towards helping you build the business of your dreams and living the life you desire. Whether you are thinking of becoming your own boss or currently have your own business, we have solutions designed to support you.