Accounting & Finance

Finance Officer at Addosser Microfinance Bank

ADDOSSER Microfinance Bank Limited plays an important role in widening the finance options available to MSMEs by providing finance for their businesses through value added products and services.

Founded in 2008, Addosser Microfinance Bank Limited is one of the leading Microfinance banks in Nigeria offering a broad range of products and services, to serve it’s over 103,000 customers through our four business groups: Retail and Microenterprise Banking, SME Banking, Consumer Banking and Specialized products & investment.

We are recruiting to fill the position below:

Job Title: Finance Officer

Location: Lagos
Employment Type: Full-time

Job Description

  • Daily Reconciliation of Correspondence Bank Account Positions.
  • Raising Journal Entries to update the inflow and outflow of funds within all Correspondent Banks.
  • Liquidity management.
  • Monthly remittances of Tax deductions for both Federal and Lagos State Tax Authorities.
  • Maintenance of all Financial Documents.
  • Preparation of Monthly Depreciation Schedule of the Banks’ Fixed Assets and monthly amortization of outstanding prepared expenses.
  • To produce monthly, quarterly, and half-yearly financial reports of the organization.
  • Monitor budget preparation and ensure proper monitoring of performance and report any derivation from the plan.
  • Evaluate financial reporting systems, accounting procedures, and investment activities.
  • Preparation of Month End Reconciliation of Correspondent Bank Account Positions.
  • Keeping Track of Banks’ Investments in Treasury Bills, Time Deposits, and Call Deposits and ensuring approval is obtained from the Head, Finance for either rollover or liquidation at Maturity.
  • Daily Review of General Ledgers.
  • Involved in budget preparation and implementation.

Relevant Skills, Qualifications, Attributes & Experience

  • HND / University Degree in Banking & Finance or Accounting
  • Student Member of a Professional body e.g. ACCA, ICAN, ANAN
  • Minimum of 3 years experience in financial services
  • IFRS experience strongly desired
  • Knowledge of banking regulations and laws
  • Proficiency in Computer Applications Excel /Microsoft Office/Banking Applications
  • Good written and oral communication
  • Highly attentive to detail with excellent organizational and documentation skills
  • Proven analytical skills and problem-solving ability paired with meticulous attention to detail
  • Desire to work in a fast-paced environment, consistently adhering to deadlines and evolving priorities.
  • Candidate must be between 24 – 30 years of age (age should be clearly stated on cv)
  • Detail-oriented and strong planning and organizing skills
  • Excellent interpersonal, numerical, and analytical skills
  • Unquestionable integrity and high level of commitment.

Application Closing Date
27th November, 2023.

Method of Application
Interested and qualified candidates should send their CV to: indicating the Job Title as the subject of the mail.