Head of Accounts at La Fayette Microfinance Bank Limited, Advans Nigeria

Job Description

• General accounting duties including preparing journal entries, maintaining balance sheet schedules and ledgers and account and bank reconciliations.
• Assist in Preparing Financial and other regulatory reports to management and Regulatory agencies.
• Assisting with monthly closings and account analysis and supporting the CFO in carrying out the responsibilities of the accounting department

Main Responsibilities

• Monthly payroll management (xls), postings and reconciliation
• Postings and monthly amortization of prepaid expenses, accruals & liabilities, (including agreement of excel template with SAGE balances
• Posting of inventory items consumed in SAGE and agreement of excel file
• Foreign currencies transactions postings in banks, including lender’s payment (Including monthly excel template reconciliation of balances with SAGE
• Suppliers’ payment and management in SAGE, Also the monthly proof
• Management of foreign services invoice (Postings of TA invoices/inter-group transactions and relationship)
• Monthly posting of AMSCO transactions
• Monthly IFRS 9 and regulatory loan impairment computation
• Reconciliation of staff loan: MIMAT vs SAGE- Monthly
• Monthly revaluation in SAGE
• Supervision of Banking Service Reconciliation officer and Intermediate Accountant
• Daily DQC follow-up

Reports:

• Monthly Fin control list- part report
• Monthly proof of GL: 184105
• Monthly CBN report
• Quarterly FS (xsl)- Board report.

Requirements

• A Bachelor's Degree in Finance, Accounting, or a related field.
• Relevant professional qualification is a plus
• 5 - 7 years of experience in accounts or a similar financial role. Experience with financial software and tools is often a plus.
• This role involves processing a large volume of transactions, so attention to detail is essential to ensure accuracy in financial records and documentation.
• Effective communication is key when liaising with vendors, internal departments, and other stakeholders.