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Tuesday, 4 September 2012

Financial Analyst at Oando PLC in Lagos


Oando PLC is one of Africa’s largest integrated energy solutions providers with a proud heritage. It has a primary listing on the Nigerian Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP), the Oando Group comprises six companies who are leaders in their market:

Responsibilities:
  • Works within the scope of defined Finance and Accounting systems, processes, procedures and policies to ensure all financial transactions are properly captured on manual documents and within the system, and within specified time frames.
  • Processes invoices due for payment to creditors.
  • Prepares customer bills and gas accounting activities.
  • Prepares daily float requirements and the daily cash report.
  • Prepares and maintains the cash book.
  • Posts transactions into the accounting system and prints relevant reports.
  • Handles basic banking activities, e.g. deposits and withdrawals.
  • Obtains the Company’s Bank statements and performs basic reconciliation.
  • Prepares monthly summary schedule of withholding tax (WHT) from approved invoices sent for payment.
  • Monitors the company’s liquidity and ensure up-to-date record of investments are kept
  • Renders monthly returns for PAYE, WHT, pension and other statutory deductions
  • Posts finance and accounting transactions
  • Maintains an efficient filing and document retrieval system, both manual and automated
  • Performs other duties as assigned by the Financial Accountant.

Key Performance Indicators
  • Accuracy of transaction processing (posting of entries etc.)
  • Accuracy of accounting schedules prepared
  • Level of un-reconciled items in accounts handled
  • Quality and timeliness of accounting reports produced
  • Level of adherence to regulatory/statutory reporting guidelines and timelines
  • Quality and ease of retrieval of financial information/documents and reports
  • Transaction turnaround times

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