Finance Officer

Responsibilities:

• Prepare and maintain accurate financial records, including ledgers, journals, and daily bank reconciliations, ensuring all transactions are properly documented and recorded.
• Process payments, vendor invoices, and expense retirements in line with approved budgets and internal control procedures.
• Prepare daily, weekly, and monthly financial reports for management review, highlighting financial variances and unusual transactions.
• Support the preparation and submission of statutory and regulatory returns to the CBN, NDIC, and other relevant regulatory bodies.
• Monitor cash flow, liquidity positions, and treasury operations, escalating potential liquidity challenges when necessary.
• Assist with budget preparation, financial forecasting, variance analysis, and cost-control initiatives.
• Ensure timely remittance of statutory deductions, including PAYE, VAT, WHT, and pension contributions.
• Support internal and external audit processes by providing relevant financial schedules and supporting documentation
• Reconcile general ledger accounts, suspense accounts, inter-branch transactions, and settlement accounts, ensuring discrepancies are resolved promptly.
• Perform month-end and year-end closing activities, including accruals, prepayments, and provisions, in line with IFRS and applicable CBN guidelines.
• Prepare interest accrual and loan loss provisioning schedules in accordance with CBN prudential guidelines.
• Reconcile transactions involving NIBSS, switching platforms, payment partners, and correspondent banks.

Requirements:

• HND in Accounting, Finance, or a related discipline.
• Minimum of 3–5 years’ relevant experience in finance or accounting, preferably within a bank or financial institution.
• Sound knowledge of CBN regulatory and reporting requirements for Microfinance Banks.
• Good understanding of IFRS and CBN accounting and prudential guidelines.
• Knowledge of Nigerian tax and pension regulations, including PAYE, VAT, WHT, and pension obligations.
• Familiarity with core banking applications and accounting software.
• Professional certification such as ICAN or ACCA (part-qualified or fully qualified) is an added advantage.
• Strong proficiency in Microsoft Excel and financial reporting tools.
• Excellent analytical, numerical, and problem-solving skills.
• High level of accuracy, integrity, confidentiality, and attention to detail.
• Ability to work effectively under pressure and meet strict reporting deadlines.
• Strong written and verbal communication skills.