Finance Associate at CloudTalk Networks Limited

CloudTalk Networks is a startup provider of cloud-based telecommunication solutions, specializing in VoIP, Unified Communications as a Service (UCaaS), and enterprise connectivity. We empower businesses with cutting-edge technology that enhances collaboration, efficiency, and scalability. Our solutions cater to a wide range of industries, from startups to large enterprises, delivering reliable, secure, and cost-effective communication tools. With innovation at our core, we are constantly evolving to meet the dynamic demands of the digital era. Our team consists of passionate professionals dedicated to transforming the telecommunications landscape, ensuring that businesses and individuals stay connected anytime, anywhere.

We are recruiting to fill the position below:

Job Title: Finance Associate

Location: Lagos
Employment Type: Full-time

Job Description

• We are seeking a highly skilled Finance Associate to join our growing team.
• This role is ideal for a finance professional with a strong accounting background who thrives in a fast-paced environment and is passionate about financial management, analysis, and strategic planning. 
• As a key member of our finance team, you will be responsible for maintaining accurate financial records, managing budgets, ensuring regulatory compliance, and providing insightful financial analysis to support business decisions. 
• You will play a crucial role in optimizing financial processes, monitoring cash flow, preparing financial reports, and ensuring tax and audit compliance.
• This position requires a detail-oriented, analytical, and proactive individual with expertise in both accounting principles and financial management. If you have a keen eye for numbers, a strategic mindset, and the ability to work cross-functionally, we invite you to be part of our dynamic team.

Responsibilities

• Financial Statement Preparation: Will be responsible for preparing accurate and timely financial statements, including balance sheets, income statements, and cash flow statements. These reports will provide management with a clear financial picture of the company, ensuring transparency and aiding in strategic decision-making.
• Account Reconciliation: Will reconciling company financial accounts, such as bank statements, credit cards, and other financial transactions. By regularly reviewing and matching financial records, the Finance Associate will ensure the accuracy and integrity of financial data while identifying and resolving discrepancies in a timely manner.
• Journal Entries & Ledger Maintenance: Will manage the preparation and posting of journal entries, ensuring all transactions are recorded correctly in the general ledger.
• Accounts Payable & Receivable Management: Handling both accounts payable and receivable functions, the Finance Associate will manage invoicing, payment processing, and credit management.
• Budgeting & Forecasting: Active participation in budgeting and financial forecasting, including preparing financial models and analyzing historical data to project future financial performance. the Finance Associate will work closely with management to optimize budget allocations and ensure financial resources are used efficiently to support business growth.
• Regulatory Compliance & Taxation: Ensuring compliance with financial regulations, tax laws, and industry standards is a critical part of this role. The Finance Associate will stay updated with tax legislation from regulatory bodies such as FIRS and LIRS, ensuring proper tax filings and timely submissions. Additionally, they will monitor regulatory updates, interpret tax laws, and implement necessary adjustments to maintain compliance.
• Financial Analysis & Reporting: Will conduct financial analysis to provide valuable insights into the company’s performance, profitability, and cash flow. By analyzing trends and financial data, they will support business decision-making, helping to identify opportunities for cost savings and revenue growth.
• Tax Compliance & Documentation: Managing the company’s tax obligations, the Finance Associate will oversee tax filings, maintain necessary documentation, and ensure that all required tax evidence is stored securely. This includes following up on new tax regulations, interpreting financial data for tax compliance, and maintaining proper records of all tax-related activities.
• Internal Controls & Risk Management: To safeguard financial data integrity and prevent errors or fraud, the Finance Associate will implement and maintain internal controls. This includes reviewing financial processes, ensuring compliance with accounting policies, and identifying risks that could impact the company’s financial stability.

Requirements

• Educational Background: A Bachelor’s Degree (Second Class Upper) or Higher National Diploma (Upper Credit) in Accounting, Finance, or a related field is required. Strong academic performance reflects a solid foundation in financial principles and analytical skills.
• Professional Certifications: Possession of professional certifications such as Chartered Accountant (ICAN/ACCA), or Certified Management Accountant (CMA) is an added advantage.
• Work Experience: Candidates must have a minimum of 3 – 5 years of relevant experience in accounting or financial management, preferably within a similar industry. Experience in handling financial reporting, budgeting, taxation, and compliance will be an added advantage.
• Technical & Analytical Skills: Proficiency in accounting software such as QuickBooks, Xero, SAP, or other ERP financial systems is essential. The candidate must also possess strong analytical skills to interpret financial data, identify trends, and support decision-making processes.
• Knowledge & Compliance: A strong understanding of Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and financial regulatory requirements is required. The role also demands a keen awareness of tax laws, financial compliance, and internal control best practices.

Application Closing Date
15th April, 2025.

How to Apply
Interested and qualified candidates should:
Click here to apply online