Finance Officer at ARCO Worldwide Services Limited

About the Role

ARCO Worldwide Services Limited is seeking a dedicated Finance Officer to join our team in Lagos, Nigeria. This position plays a crucial role in maintaining accurate financial records, supporting financial reporting, and ensuring compliance with company policies and regulatory requirements.

Key Responsibilities

Accounting & Bookkeeping

• Maintain accurate records of all financial transactions
• Post journal entries and update the general ledger
• Prepare bank, cash, and account reconciliations
• Maintain petty cash and asset registers
• Ensure proper documentation and filing of all accounting records

Financial Reporting

• Prepare monthly, quarterly, and annual financial reports
• Assist in preparing management accounts and financial analysis
• Support budget preparation and monitor departmental budget performance
• Track expenses and revenue for various projects and operations

Payments & Cash Management

• Process vendor payments, staff reimbursements, and operational disbursements
• Review invoices and supporting documents to ensure compliance before payment
• Monitor cash flow and advise management on variances or shortfalls
• Maintain proper controls over cash and bank transactions

Compliance, Audit & Internal Controls

• Ensure compliance with company financial policies and statutory regulations
• Support internal and external audit exercises
• Maintain clean, audit-ready financial files and schedules
• Strengthen internal control procedures across the finance function

Operational & Cross-Department Support

• Work closely with procurement, operations, and project teams to validate financial transactions
• Support project costing, billing, and financial documentation for client projects
• Provide timely financial information for decision-making
• Identify financial risks and highlight them to management

Additional Responsibilities

• Participate in financial process improvement initiatives
• Handle special projects and tasks assigned by the Head of Finance
• Represent the finance department in cross-functional meetings where required

Qualifications & Requirements

• Bachelor's Degree in Accounting, Finance, Economics, or related field
• Professional accounting qualification or relevant experience