Finance Associate at Strivo Labs

Job Description

• Strivo Labs is seeking a Finance Associate to support our finance and loan operations.
• The ideal candidate will be responsible for managing daily accounting activities, loan reconciliations, payroll support, expense processing, and financial analysis.
• This role requires strong analytical ability, keen attention to detail, and a solid understanding of internal financial workflows and lending processes.

Key Responsibilities

• Manage daily accounting operations and ensure accurate recording of all financial transactions.
• Oversee loan disbursements, track repayments, update loan schedules, and perform accurate interest calculations.
• Conduct bank, loan, and control account reconciliations, promptly resolving discrepancies.
• Support payroll processing, ensuring correct statutory deductions and timely remittances (PAYE, pension, etc.).
• Process vendor payments, staff reimbursements, and maintain proper expense documentation.
• Prepare journal entries, month-end and year-end closing schedules, and periodic financial statements.
• Generate financial reports, cashflow analyses, and loan performance summaries to guide management decisions.
• Assist with budgeting, forecasting, and monitoring company expenses.
• Ensure compliance with internal controls, audit standards, and applicable regulatory requirements.
• Collaborate with credit, collections, operations, and audit teams to maintain financial accuracy and operational integrity.

Requirements

• Bachelor’s Degree in Accounting, Finance, Economics, or a related field.
• 2–3 years of experience in finance or accounting; experience in microfinance, lending, or financial services is strongly preferred.
• Strong 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 (ICAN, ACCA, ACA) is an added advantage.