Finance Officer

WE ARE HIRING: FINANCE OFFICER

INDUSTRY: Banking & financial services

Location: New Kenyatta, Ugwuaji, Enugu State

Salary: ₦250,000 Monthly

Job Summary

We are seeking a detail-oriented, analytical, and experienced Finance Officer to join a reputable financial institution. The successful candidate will be responsible for maintaining accurate financial records, overseeing financial transactions, preparing periodic financial reports, monitoring cash flow, and ensuring compliance with applicable financial regulations and reporting standards.

The ideal candidate must have a strong understanding of banking operations, financial reporting, Nigerian tax obligations, and the regulatory requirements governing Microfinance Banks.

Key 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 and Qualifications

• HND or B.Sc. 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

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