Vantegral Consulting - Our sole aim is to offer value to clients and businesses. With an array of services ranging from recruitment outsourcing, restructuring, capability development, management advisory, and growth strategy, we are about creating and implementing solutions.

Industry: Finance

Overview

• To support the financial operations of the organization through effective revenue management, reconciliation, payroll administration, tax compliance, and reporting.
• The role ensures accuracy of financial records, supports statutory compliance, and enhances financial accountability while contributing to corporate governance and internal control frameworks.

Key Responsibilities

Revenue & Invoice  Management:

• Prepare and review proforma and final invoices for contracts and projects.
• Allocate Purchase Order (PO) numbers to invoices and ensure proper documentation.
• Submit proforma invoices for client endorsement and follow through to final invoicing.
• Upload and manage invoices on vendor portals (e.g., VIMP).
• Maintain and update receivables tracker to monitor outstanding invoices.
• Reconcile payments received against issued invoices to ensure accuracy and completeness.
• Support timely billing processes to enhance cash flow and revenue recognition.

Reconciliation & Internal Control:

• Review postings of invoices, receivables, and payables within accounting systems (e.g., SAGE 50).
• Perform bank reconciliations, including matching payments and identifying discrepancies.
• Reconcile bank charges across multiple reporting periods.
• Maintain updated reconciliation schedules for financial records.
• Investigate discrepancies, identify root causes, and implement corrective actions.
• Strengthen internal control processes to improve financial accuracy and reliability.

Payroll Audit & Administration:

• Geographic ReferenceReview payroll schedules for expatriates and administrative staff.
• Prepare monthly PAYE schedules and ensure compliance with statutory deductions.
• Coordinate salary payment processes, including preparation of bank transfer documentation.
• Monitor payroll transactions through bank statements to confirm successful payments.
• Follow up on payroll approvals and ensure timely processing.

Tax Compliance:

• Prepare and update VAT schedules and supporting documentation for filing.
• Monitor PAYE compliance and ensure timely statutory remittance.
• Upload and file PAYE returns on relevant tax portals (e.g., LIRS).
• Track withholding tax (WHT) and other deductions on invoices.
• Support corporate income tax (CIT) annual filing processes.
• Ensure adherence to all statutory tax regulations and deadlines.

Fixed Asset Management:

• Maintain and update the Fixed Asset Register.
• Track asset allocation and ensure proper tagging and documentation.
• Review asset records to ensure accuracy and completeness.
• Support periodic asset verification exercises.

Reporting & Accountability:

• Prepare structured financial and operational reports.
• Track daily and periodic deliverables to ensure timely completion of tasks.
• Highlight pending actions and provide updates on progress.
• Support management decision-making through accurate and timely reporting.

Corporate Governance:

• Support the implementation of corporate governance policies and financial controls.
• Ensure compliance with internal policies, financial regulations, and ethical standards.
• Maintain proper documentation to support audits and regulatory reviews.
• Assist in preparing financial reports and documentation for management oversight.
• Promote transparency, accountability, and integrity in financial operations.
• Support internal and external audit processes by providing required financial data and explanations.

Key Competencies:

• Strong analytical and reconciliation skills.
• Attention to detail and high level of accuracy.
• Knowledge of financial regulations and tax compliance.
• Proficiency in Microsoft Office and accounting software.
• Strong organizational and time management skills.
• High level of integrity and professionalism.