Financial Reporting Associate at Renmoney

Location: Ikoyi, Lagos
Department: Finance

The Position

• We are seeking a highly skilled Financial Reporting Associate with broad group and entity accounting experience who will work closely with the Financial Controller to achieve the Bank’s business objectives through record-keeping and compliance activities, working within the broader accounting team to focus on timely and accurate reporting of financial results.

Responsibilities
In this role you will:

• Prepare consolidated monthly and annual Financial Statements, ensuring IFRS compliance with respect to disclosures requirements.
• Monitor the monthly closure procedures and ensure compliance by all entities (parent and subsidiaries).
• Ensures the integrity of accounting information by recording, verifying, consolidating, and reporting financial transactions.
• Analytical review /commentaries (including trends and ratio analysis) of balances and explanation of variances including variances against budget.
• Manage and analyze budget and create financial forecasts.
• Maintains adequate accounting controls.
• Actively review and advise on financial/accounting processes.
• Prepare and present accounting opinion on technical accounting matters.
• Analyze financial data with a view to providing management information that will assist in future planning and decision-making.
• Provide adequate supervision, coaching and mentoring to junior team members.
• Provide support and coordinate the external audit process.
• Responsible for ensuring that all audit requests are provided within the agreed timelines.
• Reconciliation of relevant inter-company transactions and balances.
• Identify and implement process improvements in the accounting systems.
• Ensure compliance with all applicable laws, regulations and standards.
• Oversee the monthly filing of necessary statutory returns and ensure strict compliance with regulatory timelines.
• Monthly review of bank reconciliation statements.
• Perform budgetary control functions.

Requirements
Ideally you will have:

• Bachelor's Degree in Accounting, Finance or related field
• Membership of ICAN, ACCA or relevant accounting professional body
• 4+ years’ experience in a similar role within the financial services industry
• Strong oral and written communication skills
• Proficiency in the use of Microsoft Office Suites (Word, Excel, PowerPoint)
• Strong financial analysis skills
• Experience in Group and Company financial statements preparation
• Sound knowledge of all applicable IFRS standards for financial institutions
• Sound knowledge of CBN regulatory and supervisory guidelines for microfinance banks
• Strong competence in the use of accounting software such as SAP
• Ability to deliver excellent results with minimal supervision.

We are the place for you, if:

• You are excited about technology and the complexities of the future. You’re looking for a place to learn and grow.
• You care a lot about detail and pride yourself in impeccable execution.
• You can collect and analyze lots of data and feed in just the right amount of intuition to make sound decisions.
• You are ready to work extremely hard, at a fast pace, to achieve audacious goals.
• You love to speak up, ask questions and are comfortable challenging anyone or any idea.

This job is perfect for you if you:

• Enjoy adding structure and developing approaches to ambiguous problems
• Are a self-starter, take initiative, work collaboratively
• Have excellent verbal and written communication skills
• Are detail oriented and have strong research and analytical skills
• Have huge doses of curiosity and enjoy feedback and learning.

What is in it for you

• You’ll work on solutions to complex, real-world challenges with tangible social and economic impact.
• You will receive competitive compensation and work with passionate teammates in a flat, performance driven culture.