Finance and Credit Officer at Terawork

Role Summary:

• This role plays a crucial part in ensuring the smooth financial operations of our firm, safeguarding our assets, and maximizing return on investments.
• You will be responsible for managing accounts receivable, credit control, and financial reporting, while upholding our commitment to social responsibility and financial inclusion.

Responsibilities:

• Manage customer accounts and ensure timely payments of loans and other dues.
• Issue invoices and statements accurately and efficiently.
• Monitor overdue accounts and initiate collection efforts, following ethical and respectful procedures.
• Reconcile bank statements and resolve discrepancies.
• Assess the creditworthiness of loan applicants using financial analysis and risk assessment tools.
• Set appropriate credit limits and monitor customer creditworthiness.
• Develop and implement effective credit control policies and procedures. Collaborate with loan officers to ensure adherence to credit policies.
• Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.
• Analyze financial data and identify trends or potential risks.
• Provide financial information and insights to management for decision- making.
• Maintain accurate and complete financial records.
• Comply with all relevant financial regulations and reporting requirements.
• Contribute to the development and implementation of internal control procedures.
• Participate in special projects as assigned.

Qualifications:

• Bachelor’s degree in accounting, Finance, or a related field.
• Must have registered as a student with ICAN/ACCA.
• Minimum of 4 years of experience in a similar role, preferably within the financial sector.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills, with the ability to build rapport with customers.
• Proficient in financial accounting software and Microsoft Office Suite.
• Familiarity with relevant financial regulations and reporting standards.
• Strong commitment to ethical and responsible banking practices.