Jobs at La Fayette Microfinance Bank Limited, Advans Nigeria

Responsibilities
The Senior accountant responsibities include but not limited to the underlisted:

• To compile accounting vouchers from branches and Head Office and to register them in the accounting software, Sage
• To prepare journal entries and other general ledger operations
• To prepare monthly closings and monthly financial statements and assist in year-end closing
• To reconcile and maintain balance sheet accounts
• To draw up monthly financial reports
• To prepare analysis of accounts as requested
• To administer accounts receivable and accounts payable
• To assist in preparing budgets and forecasts
• To assist with payroll administration
• To monitor and resolve bank issues including fee anomalies and check differences
• To perform account/bank reconciliations
• To review and process expense reports
• To assist with preparation and coordination of the audit process
• To assist with implementing and maintaining internal financial controls and procedures and contribute to budgetary follow-up.
• To contribute to financial documents preparation (trial balances, balances, balance sheet, income statement, statement of changes in financial position)
• To manage tax issues, NSITF, Pension, PAYE, WHT, VAT (follow-up of due taxes, preparation of payments, follow-up of WHT receipts)
• To assist in the preparation of CBN regulatory returns.
• Maintaining PROPER filing system of all relevant supporting documents.
• Recording budget appropriations in the accounting system under each budget article;
• To identify and timely resolution of discrepancies in accounts;
• Providing other duties as assigned by the DCFO.

Requirements

• Minimum of B.Sc / HND in accountancy or related courses, While a relevant professional course is an added advantage.
• Minimum of two (2) years verifyable work experience as an accountant preferably in a Microfinance bank.

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Responsibilities
Savings and Deposit portfolio management:

• Prospect potential clients and follow up through regular contact with prospects.
• Manage the relationship with clients in the portfolio to ensure maximum client’s satisfaction and retention.
• Organize an efficient schedule that will allow regular meetings with clients and maximized performance.
• Identify clients’ needs in order to cross-sell effectively.
• Monitor the deposits of the clients under supervision.
• Grow the individual deposit portfolio in line with the targets set by the Management by offering quality service and selling products that fit the particular clients’ needs.
• Accordingly answer clients’ questions and complaints related to Advans LFMFB products and services.
• Participate in the promotion of Advans LFMFB products and services by informing prospects as well as clients.
• Propose new products/services to management.

Organization and control:

• Ensure compliance of all operations performed with Advans policies and procedures.
• Share information and best practices with other Deposit Officers.
• Report all the issues related to the job to the Branch Manager and Deposit Team Leader.
• Ensure all cash transactions are done according to Advans LFMFB policies and procedures.
• Respect AML/KYC policies by identifying all the clients and reporting any suspicious transaction.

Requirements

• Interested candidates should possess a Bachelor's Degree with 3 years of experience.

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Responsibilities
Strategic Leadership and Orientation:

• Formulate and implement short- and long-term strategies to grow cheap deposits & sales in line with the business objectives.
• Champion customer acquisition, retention, and deposit growth across all regions and touch points.
• Participate to the definition of bank strategy for deposit & financial services
• Work efficiently on key projects & activities with various departments, key stakeholders and partners of the company

Product & Channel Development / Optimization:

• Understand and develop strategies for the bank’s deposit products, other financial services and digital channels that align with client needs, market trends and bank’s objectives.
• Optimize deposit products sales through digital channels, branch operations, etc.
• Support and propose product design, process optimization and launching activities
• Dynamic and periodical review of product features in relation to market changes
• Participate or propose market studies in line with the bank’s product and channels
• Regular competitors’ surveys to ensure our deposit and financial services remains
• Competitive: Internal and external feedback on financial services effectiveness to ensure
• Seamless services: Participate in the development of commercial argument, training of all staff on features of new products and any changes in existing products
• Develop and participate in promotional strategy & campaign

Deposit and Sales Performance Management:

• Set quarterly deposit targets across the sales network and contribute to the definition of the yearly budget.
• Ensure achievements of monthly targets per products/per segment/zone & monitor KPIs.
• Analyze the performance of deposit mobilization and sales of all products, services & channels
• Develop and manage deposit portfolio in line with the bank’s orientation.
• Provide leadership, coaching, and performance oversight to branch and sales teams.
• Develop and implement training interventions to boost productivity.

Customer Knowledge and Engagement:

• Understand and build strong relationships with the bank’s customers, leveraging targeted touchpoints, financial events/campaigns, and client feedback mechanisms to strengthen relationships and create a customer centric culture across all sales and network teams.
• Lead the development of deep customer insights through data analysis, field feedback, and market research to understand the unique financial behaviors, needs, and aspirations of target customer segments e.g. individuals, informal sector workers, and micro-entrepreneurs.
• Make informed decisions on product design, marketing strategies, and customer journey improvements.
• Design and oversee customer engagement initiatives that foster trust, build loyalty, and promote consistent usage of deposit products.
• Identifying, bringing, negotiating and growing big clients (HNI, institutional) & partnerships that could contribute to grow our PF and impact.

Revenue Growth and Customer Value Optimization:

• Assist /propose clients’ segmentation by needs and concentration
• Develop and implement strategic initiatives to drive upselling and cross-selling of financial products across all customer segments.
• Work closely with branch teams, relationship officers, and product managers to embed upselling and cross-selling goals into daily sales routines, performance metrics, and customer engagement strategies.
• Assist the Network to define or adapt deposit team for more efficiency & productivity
• Develop tools & documents to enhance and assist productive staff on their daily activities

Ooperetional & Risk Compliance:

• Ensure that all deposit mobilization and customer onboarding processes comply with regulatory standards (CBN, NDIC, etc.).
• Mitigate operational risks through robust internal controls and oversight.
• Assist in creation and/or update of processes, procedures, guides related to all services, products and channels
• Ensure existence of appropriate controls and the compliance of the users (permanent & periodic controls)
• Control and check of product & services compliance across the network of branches

Reporting & Business Intellegence:

• Deliver regular performance reports to senior management, branch networks, with actionable insights and recommendations.
• Use analytics to monitor deposit portfolio performance, customer behavior, and market opportunities (weekly /monthly /quarterly basis).
• Ensure data accuracy and reliability of reports.
• Propose & develop KPIs and report optimization or creation to improve quality of reporting and information at all levels.

Requirements

• Candidates should possess a Bachelor's Degree with 3 - 8 years of experience.