Finance Analyst at Appzone Limited

Job Description

• Issue invoices accurately and on time, run weekly aging reports and proactively follow up with customers on overdue invoices via email, calls, and statements until cash is collected.
• Match incoming payments to invoices in the system, resolve unapplied cash, short payments, and discrepancies and reconcile AR ledger to bank statements monthly.
• Liaise with Sales, Ops, and customers to investigate and clear billing disputes, deductions, and credit notes and track resolution time and close loops fast.
• Monitor Days Sales Outstanding, collection efficiency, bad debt risk and build weekly/monthly AR dashboards for Finance leadership and flag at-risk accounts early.
• Support month-end close with accurate AR accruals and provisions, assist with ad-hoc financial analysis and budgeting when needed and ensure compliance with credit policy and revenue recognition rules
• Compile and analyze financial data and generate detailed financial reports & statements
• Ensure data accuracy, assist in identifying financial trends & variances and participate in the preparation of budgetary plans
• Stay updated on relevant financial regulations and assist in ensuring compliance with regulatory standards.
• Support the implementation of governance policies, contribute to internal and external audit processes and provide documentation for compliance reporting.
• Contribute to the identification and assessment of financial risks, assist in developing risk mitigation strategies and participate in monitoring risk exposure.
• Gain proficiency in financial software and tools, assist in the implementation and maintenance of financial systems and contribute to the integration of technology for financial efficiency.
• Assist in routine treasury tasks, execute cash flow forecasting and participate in treasury training sessions.
• Support daily liquidity management and collaborate on banking relationships.
• Assist in routine tax operations, execute basic tax compliance checks and support the preparation of tax documentation.
• Review and verify invoices from vendors and suppliers to ensure accuracy and completeness.
• Entering invoice information into the accounting system, ensuring accurate and timely recording of accounts payable transactions.
• Prepare and process payments to vendors and suppliers, ensuring compliance with company policies and procedures.
• Build and maintain relationships with vendors and suppliers, resolving any issues or disputes that may arise.
• Reconcile accounts payable records with vendor statements and general ledger accounts to ensure accuracy and identify any discrepancies.
• Ensure compliance with company policies, procedures, and regulatory requirements related to accounts payable.
• Maintain accurate and complete records of accounts payable transactions, including invoices, payments, and vendor information.
• Prepare and submit reports on accounts payable activity, including aging reports and vendor payment history.
• Assist with cash flow management by ensuring timely payment of invoices and managing vendor relationships.
• Implement and maintain internal controls to prevent errors, fraud, and misstatements in accounts payable transactions.

Requirements

• BSc in Accounting, Finance, or any other related discipline. ACA or ACCA will be an added advantage.
• 3+ years work experience in a similar role, preferably in an Accounts Receivable role within fintech, technology, and/or financial services industry.
• Good reporting skills and standards and high level of intelligence with the ability to learn with ease and speed.   
• Ability to motivate, counsel, and constructively deal with people at all levels.  
• Proficiency in Microsoft Office packages is highly essential and recommended.  
• Excellent interpersonal and communication skills.  
• Proficiency in both spoken and written English, problem solving, analytical thinking, and communication.  
• Self-confidence and authenticity while having high personal ambitions and strong work ethic.