Account Officer at Resource Intermediaries Limited

Role Overview

• This role is responsible for executing core finance operations within the cooperative division, with a primary focus on managing member contributions, loan disbursements, reconciliations, and statutory reporting.
• The Account Officer is expected to bring financial discipline, transparency, and process efficiency to cooperative transactions while supporting strategic growth through reliable data and controls.

Key Responsibilities

• Maintain accurate financial records for all cooperative transactions, including member savings, loan balances, and interest computations.
• Process loan applications, disbursements, and deductions in line with cooperative policies and repayment plans.
• Monitor monthly contributions, reconcile discrepancies, and prepare reports on delinquent accounts.
• Generate periodic financial statements, cash flow projections, and member balance summaries for executive review.
• Handle all bank reconciliations, ensure prompt transaction postings, and manage third-party cooperative accounts.
• Prepare and file statutory remittances(e.g., WHT, VAT, PAYE) as may apply to cooperative operations.
• Collaborate with HR/payroll to automate deductions and ensure accurate staff savings/loan remittances.
• Provide support during internal and external audits, ensuring full compliance with cooperative finance regulations and internal controls.
• Recommend process improvements to drive operational efficiency and risk reduction in cooperative finance administration.

Requirements

• OND / HND / B.Sc Degree in Accounting, Finance, or related field.
• At least 1 year of relevant accounting experience, preferably in a cooperative, microfinance, or similar financial structure.
• Strong proficiency in financial reporting, cooperative loan accounting, and member-based transactions.
• Familiarity with cooperative finance laws, auditing principles, and member equity tracking.
• Experience using accounting tools such as QuickBooks, Excel, or dedicated cooperative accounting software.
• Strong ethics, confidentiality, and precision in data handling.

Key Competencies:

• Cooperative finance management
• Loan ledger reconciliation & interest calculations
• Contribution tracking & delinquency reporting
• Cashflow planning & financial controls
• Analytical reporting & data accuracy
• Audit readiness & regulatory compliance
• Stakeholder communication and record integrity