Finance Officer at Addosser Microfinance Bank

Responsibilities

• Daily Reconciliation of Correspondence Bank Account Positions.
• Raising Journal Entries to update the inflow and outflow of funds within all Correspondent Banks.
• Liquidity management.
• Monthly remittances of Tax deductions for both Federal and Lagos State Tax Authorities.
• Maintenance of all Financial Documents.
• Preparation of Monthly Depreciation Schedule of the Banks’ Fixed Assets and monthly amortization of outstanding prepared expenses.
• To produce monthly, quarterly, and half-yearly financial reports of the organization.
• Monitor budget preparation and ensure proper monitoring of performance and report any derivation from the plan.
• Evaluate financial reporting systems, accounting procedures, and investment activities.
• Preparation of Month End Reconciliation of Correspondent Bank Account Positions.
• Keeping Track of Banks’ Investments in Treasury Bills, Time Deposits, and Call Deposits and ensuring approval is obtained from the Head, Finance for either rollover or liquidation at Maturity.
• Daily Review of General Ledgers.
• Involved in budget preparation and implementation.

Relevant Skills, Qualifications, Attributes & Experience

• HND / University Degree in Banking & Finance or Accounting
• Student Member of a Professional body e.g. ACCA, ICAN, ANAN
• Minimum of 2 years experience in financial services
• IFRS experience strongly desired
• Knowledge of banking regulations and laws
• Proficiency in Computer Applications Excel /Microsoft Office/Banking Applications
• Good written and oral communication
• Highly attentive to detail with excellent organizational and documentation skills
• Proven analytical skills and problem-solving ability paired with meticulous attention to detail
• Desire to work in a fast-paced environment, consistently adhering to deadlines and evolving priorities.
• Candidate must be between 24 – 30 years of age (age should be clearly stated on cv)
• Detail-oriented and strong planning and organizing skills
• Excellent interpersonal, numerical, and analytical skills
• Unquestionable integrity and high level of commitment.