- Strong understanding of accounting principles and finance
- Excellent analytical skills for interpreting financial data
- Experience with financial reporting and creating financial statements
- Attention to detail and accuracy in financial analysis
- Promptness in Posting of Transactions
- Income Statement and Balance Sheet Review
- Weekly/Monthly Bank Reconciliations
- Preparing General Ledger Reconciliation
- Monthly Update of Fixed Asset Register
- Preparing Monthly Journals
- PAYE/WHT Remittances, Receipts documentation
- Raising Internal Memos
- Preparing Monthly Management Account
- Raising Monthly Journals
Key Responsibilities
- Financial Management: Oversee day-to-day financial operations, including accounts payable/receivable, payroll, budgeting, and financial reporting.
- Budgeting and Forecasting: Develop and manage the annual budget and financial forecasts. Monitor financial performance against budgets and provide variance analysis.
- Financial Reporting: Prepare and present accurate and timely financial reports, including monthly, quarterly, and annual financial statements, in compliance with relevant accounting standards.
- Regulatory Compliance: Ensure compliance with all relevant financial regulations, including Central Bank guidelines, tax laws, and other legal requirements. Prepare reports for regulatory bodies as required.
- Cash Flow Management: Monitor and manage the bank’s cash flow to ensure liquidity and optimize the use of funds.
- Audit Coordination: Coordinate with external auditors during financial audits, ensuring all necessary documentation and information are provided.
- Financial Analysis: Conduct financial analysis to support decision-making processes. Provide insights on cost control, profitability, and financial performance.
- Team Management: Lead and mentor the finance team, ensuring professional development and the effective execution of financial tasks.
- Collaboration: Work closely with other departments to provide financial insights and support business operations. Assist in the development of financial strategies and initiatives.
- Technology and Process Improvement: Identify opportunities to improve financial processes and systems, leveraging technology to enhance efficiency and accuracy.
Qualifications & Requirements
- A Bachelor’s degree in Finance, Accounting, Economics, or a related field
- ICAN or ACCA certification is compulsory
- Minimum of 7 years’ experience in a financial control or accounting role within the banking or microfinance sector
- Strong understanding of microfinance operations and regulatory compliance
- Proven experience in budgeting, financial reporting, and financial analysis
- Excellent leadership, analytical, and problem-solving skills
- High level of accuracy and attention to detail
- Strong knowledge of GAAP and financial reporting standards
- Proficiency in Microsoft Office Suite and accounting software
- Familiarity with the economics of banking and financial services.
Method of Application
Interested and qualified candidates should send their CV to: recruitment@bosakmfb.com using the Job Title as the subject of the mail.
Note: Shortlisted candidates will be required to take a Financial Control Test prior to progressing to the virtual interview stage
Job Type: Full-time