ACE Recruiters Limited (RC: 1397156) commenced operations March 2017. We are a People and Business Management Consulting firm passionate about adding value. We offer services in the areas of Strategic Human Resource Consulting and we have the capacity to ensure returns on investment in the following areas: Outsourcing – Personnel, Sales & Business Process Human Resources Consulting Training and Development Sales Support – Market Intelligence, Promotion & Activation With a strong drive to be one of the best in our areas of core competences, we pride ourselves as specialists in our chosen field of endeavour. We are driven by a sense of mutually beneficial relationships with our clients, striving to create high performance teams, and deliver agile operations that responds and drives the ever changing ways of doing business/working.
We are recruiting to fill the position below:
Job Title: Junior Financial Control Officer
Location: Lagos Island, Lagos
Employment Type: Full-time
Job Summary
The Junior Financial Control Officer supports the Financial Control unit in maintaining accurate financial records, ensuring compliance with regulatory requirements, monitoring financial operations, and supporting internal financial reporting.
The role ensures effective financial stewardship and contributes to the financial health and operational integrity of FINEX Microfinance Bank.
Key Responsibilities
Financial Record Management:
Assist in maintaining accurate and up-to-date general ledger entries.
Support daily posting of financial transactions in line with the bank’s accounting standards.
Reconcile bank accounts, loan accounts, customer accounts, and suspense accounts as assigned.
Financial Reporting:
Prepare draft daily, weekly, and monthly financial reports for review by the Financial Controller.
Assist in generating regulatory reports (CBN, NDIC, FCCPC, etc.) under supervision.
Provide data for management reporting, variance analysis, and trend monitoring.
Budgeting & Expense Monitoring:
Track departmental and branch expenses against approved budgets.
Assist in preparing budget forecasts and monitoring cash flow movements.
Highlight discrepancies or unusual expense patterns for review.
Compliance & Internal Controls:
Adhere strictly to internal control policies, financial procedures, and audit recommendations.
Support internal and external audit exercises by preparing requested documentation.
Assist in monitoring compliance with Microfinance regulatory financial standards.
Reconciliation & Validation:
Carry out daily reconciliation of:
Deposit accounts
Loan disbursements and repayments
Inter-branch accounts
Treasury operations
Assist in resolving reconciliation discrepancies promptly.
Treasury & Cash Management Support:
Support monitoring of liquidity positions and treasury movements.
Assist with cash flow projections and reporting.
Documentation & Filing:
Maintain organized and secure financial documentation (manual & electronic).
Track financial records for retrieval during audit and regulatory inspections.
Other Support Duties:
Assist the financial control team in special projects and system improvements.
Participate in periodic reviews of accounting processes to improve efficiency.
Perform any other finance-related tasks assigned by the Financial Controller.
Required Qualifications & Experience
Bachelor’s Degree in Accounting, Finance, Economics, or related field.
0–2 years experience in accounting or finance (preferably in banking or microfinance).
ICAN/ACCA in view is an added advantage.
Knowledge of microfinance operations is a plus.
Required Skills & Competencies:
Strong understanding of basic accounting principles and financial reporting.
Proficiency in Microsoft Excel and financial software (e.g., Flexcube, BankOne, T24, Xero).
Attention to detail and accuracy in financial data entry.
Strong analytical and reconciliation skills.
Good organizational and documentation abilities.
Integrity, confidentiality, and strong ethics.
Good communication and interpersonal skills.
Ability to work under supervision and meet deadlines.