Finance and Account Officer at COURE Software and Systems Limited – Apply Now

Job Overview

• At COURE, the accountant responsibilities include Payables/Receivables, Payroll, Investment, Internal Control, and Internal Audit. Ultimately, you will provide us with accurate quantitative information on financial position, product pricing, budgeting, liquidity, and cash flows of our business, while ensuring we’re compliant with all tax regulations.

 Payables/Receivables 

• Generate client invoices from all relevant platforms 
• Receive invoices from vendors 
• Reviews client and vendor statements for outstanding balances and reconcile prior to settlement by COURE or the client 
• Authenticate invoices for accuracy and fraud prevention 
• Ensure payments are made and received within stipulated time 
• Advise relevant departments on payments made and received for relevant action to be taken 

Payroll 

• Obtain monthly report on staff attendance from HR 
• Accurate calculation and filing of PAYE, Pension, Net income of staff based on the number of days present at work for the month and subtracts any loans or debits to the account and adds any bonuses or credits to the account 
• Present a copy of the payroll to management for approval 
• Provide each staff an accurate payslip for their records 
• Deduct PAYE, NSITF, ITF, VAT, CIT etc and makes payments as at when due 
• Collect all tax receipts from all clients and relevant tax agencies 
• Keep proper records of all taxes deducted at source 
• File and return to appropriate authorities. 
• File, receive and update staff and company tax cards and tax clearances with relevant payments and filings 
• Work towards appropriate and legal tax reduction for staff and company 
• Work with tax consultant to maintain good standing with tax agencies 

Investment 

• Evaluate profitable investment opportunities 
• Propose investment options to management and obtain approval

 Internal Control/Internal Audit 

• Ensure proper authorization before payments 
• Generate payment vouchers for all expenses 
• Payment vouchers are printed and filed in designated files 
• Maintain a copy of checks sent out or acknowledgment receipt of the ones collected 
• Quarterly review of internal records.

 Cashflow Management 

• Review expenses for payments that are due 
• Analyze the company’s liquidity position by comparing present cash flow with expected cash inflows and expected cash outflow. 
• Ensure that priority is given to payments that will affect the company negatively in cases where the cash inflow might not be enough for all outflows 
• Ensure the company always has a reasonable cash balance for regular operations

 Budget 

• Review all previous year’s expenses. 
• Review expected inflows 
• Review company strategy to determine addition/ subtraction of expenses and potential for revenue. 
• Prepare budget. 
• Sends the budget to management for review and approval 

Audit

• Processes end of year account. 
• Reconciles monthly statements in preparation for end of year audit 
• Ensures all transactions for the year are captured. 
• Invites external auditors and attends to their requirements i.e. transaction document etc. 
• Ensures yearly audit is completed before the 31st of March 
• Files yearly account with tax authority 
• Provides necessary data to lawyer for filing with CAC & regulatory agencies 

Reporting

• Prepare periodic cashflow report 
• Monthly profit and loss analysis 
• Other management account 
• Daily & Monthly Client traffic tracking and analysis 
• Quarterly product pricing review 
• Daily & Monthly reconciliation verification and report with Client and Partners 
• Pricing of Products:
• Determination of COURE’s selling Prices/commercial models and Payment terms for ANQ, Hub and independent projects 
• Review and negotiation of cost prices from Partners 
• MNP Clearinghouses/Partners 
• Telecom Operators 
• KYC/FPS Service Providers 
• Determination of client rate reviews or discounts in conjunction with Sales

 Required Skills 

• 3-5 years’ work experience as an Accountant 
• Excellent knowledge of accounting regulations and procedures, 
• Hands-on experience with accounting software like ZohoBooks and QuickBooks 
• Advanced MS Excel skills including Vlookups and pivot tables 
• Experience with general ledger functions
• Strong attention to detail and good analytical skills and discreet 
• BSc in Accounting, Finance, or relevant degree
• Additional certification (ICAN, ACCA, CPA or CMA) is an added advantage.