Finance Associate at Strivo Labs

• Strivo Labs is seeking a meticulous and proactive Finance Associate to support our finance and loan operations.
• This role will be responsible for managing daily accounting tasks, loan reconciliations, payroll processes, expense reporting, and financial analysis.
• The ideal candidate possesses strong analytical skills, attention to detail, and a solid understanding of both internal financial workflows and lending processes.

Key Responsibilities

• Manage daily accounting operations and ensure all financial transactions are accurately recorded.
• Oversee loan disbursements, monitor repayments, update loan schedules, and calculate interest accurately.
• Perform bank, loan, and control account reconciliations, resolving any identified discrepancies promptly.
• Support payroll processing, ensuring accurate statutory deductions and timely remittances (PAYE, pension, etc.).
• Process vendor payments, staff reimbursements, and maintain proper documentation for all expenses.
• Prepare journal entries, month-end and year-end closing schedules, and periodic financial statements.
• Generate financial, cash flow, and loan performance reports to support management decisions.
• Assist in budgeting, forecasting, and monitoring of company costs.
• Ensure adherence to internal control systems, audit standards, and relevant regulatory requirements.
• Collaborate with credit, collections, operations, and audit teams to maintain financial accuracy and integrity.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• 2 - 3 years of experience in finance or accounting; experience within microfinance, lending, or financial services environments is strongly preferred.
• Solid understanding of loan accounting, payroll processes, and statutory remittances.
• Proficiency in Microsoft Excel and familiarity with accounting or loan management software.
• Strong analytical, organizational, and communication skills.
• Professional qualification or part qualification (e.g., ICAN, ACCA, ACA) is an added advantage