Financial Reporting Officer (Financial Services) at iRecruiters Africa Limited

Key Responsibilities:

Financial Reporting & Analysis

• Prepare weekly, monthly, quarterly, and annual financial statements / reports in line with IFRS.
• Prepare management reports including P&L analysis, balance sheet schedules, and business unit performance dashboards.
• Prepare portfolio performance reports, and asset valuation schedules.
• Analyze financial results, variances, and trends to support management decision-making.
• Support the consolidation of financial statements.
• Maintain accurate general ledger records for trading books, deal pipelines, and fee income, etc.

Regulatory Compliance & Statutory Reporting

• Ensure compliance with regulatory reporting requirements (e.g., SEC, FRCN, etc.).
• Coordinate external regulatory submissions such as quarterly report to SEC.
• Liaise with auditors during interim and year-end audits, providing required schedules and documentation.

Revenue & Investment Accounting

• Validate and record investment transactions across asset classes (equities, fixed income, money market, alternatives, etc.).
• Track and recognize revenue from advisory fees, underwriting fees, brokerage commissions, and trading activities.
• Ensure accurate treatment of transaction expenses, deal costs, and reimbursable fees.
• Monitor WIP (work-in-progress) accounts.
• Reconcile trading positions, mark-to-market valuations, and investment instruments.

Internal Controls & Process Improvement

• Maintain strong internal controls over financial reporting, portfolio accounting and trading-related financial data.
• Develop and improve financial reporting processes, templates, and models.
• Implement tools that enhance accuracy and efficiency in reporting.
• Implement controls around deal approvals, fee recognition, and transaction postings.
• Identify financial risks or control gaps and recommend process improvements.

Management & Investor Reporting

• Prepare reports for senior management, investment committees, and board meetings.
• Conduct variance analysis, ratio analysis, trend reporting, and KPI monitoring.
• Assist in budgeting and forecasting processes.
• Analyze profitability by company, division, and transaction type

Cross-Department Collaboration

• Work with investment, risk, compliance, and operations teams to validate data and ensure reporting alignment.
• Support product development with financial modeling and cost/profitability analysis.

Requirements

Key Requirements:

• Bachelor’s degree in Accounting, Finance, Economics or a related field from a highly reputable academic institution. Class of degree – First Class or Second Class Upper (2.1) is a must have.
• Professional certification is a strong advantage (ACA, ACCA, CFA, etc).
• 3+ years of financial reporting or fund accounting experience, ideally in asset management, investment banking, or financial services.
• Strong knowledge of IFRS, investment accounting, and financial analysis.
• Proficiency in Excel, financial analysis, and accounting systems.
• Experience with portfolio management or fund accounting systems (e.g., symplus, etc.).
• Attention to detail and strong analytical skills.
• Excellent communication and report-writing abilities.
• Ability to work with tight deadlines and manage multiple reporting cycles.