Account Officer at Rich-Oak

Rich-Oak is a fast growing investment, micro-lending and cooperative organisation dedicated to providing financial solutions to all classes of Nigerians. We have a vision of making two-third of Nigeria`s population financially free.

We are recruiting to fill the position below:

Job Title: Account Officer

Location: Abuja

Job Description

• Preparation and filing of monthly loan and investment interest payment report/schedule.
• Preparation and documentation of monthly salary schedule for execution, computing and filing monthly tax returns, preparation of monthly insurance schedule and preparation of monthly budget report.
• Preparation of periodic Statement of Profit or Loss (cash and accrual), Year-to-date Statement of Financial position, and Cashflow statement.
• Provide daily transaction update report to loan and investment department. Collection of daily schedules from investment and credit officers.
• Execution of outbound transfers for loan disbursement to loan clients, expense payment through facility manager, interest and principal repayment to investors, and other transfers as director from the Manager.
• Periodic examination and reconciliation of bank statement with general entries. (weekly and monthly).
• Prepare monthly financial forecasts or projections for loan repayment (principal or interest or both) and for investment (interest and principal) respectively.
• Carrying out treasury functions such as; Prepare monthly reports matching expected loan payments (inflows) with investment payments (outflows) considering tenor, interest and principal (deposit- liability matching).
• Prepare and analyze monthly forecasted financial statement (SOCI, SOFP, and Cashflow statement) for strategic decision making.
• Establish, proffer and implement cost management strategies.
• Evaluate financial performance by measuring actual against forecasted results, analyze past results, perform variance analysis, identify trends, and make recommendations for improvements.
• Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards.
• Excellent communication and presentation skills; be comfortable interacting with executive-level management.
• Analyzing financial data.
• Carrying out departmental and organizational risk assessment.
• Other duties as specified by your supervisor.

Requirements

• Candidate must have a BSc or HND in Accounting or any Social Science course.
• Must be an ICAN professional or chartered accountant.
• Must have at least 2 years cognate experience in the job role.

Application Closing Date
21st August, 2020.