Finance Officer at Beyond Credit Limited

Beyond Credit Limited - In Sub-Saharan Africa, approximately 350 million adults lack access to formal financial services, with Nigeria alone accounting for over 10 percent of this number. Without the right financial services, the poor struggle to withstand financial shocks, perpetually trapped in the vicious cycle of poverty.

Beyond Credit Limited was created with this problem in mind, recognizing poverty as one of the greatest injustices that mankind sustains. It manifests itself through various outcomes, including hunger, malnutrition, high infant mortality, low life expectancy, illiteracy in children, and crime.

We are recruiting to fill the position below:

Job Title: Finance Officer

Location: Ikeja, Lagos
Employment Type: Full-time

Duties and Responsibilities

• Assist with daily finance operations including ensuring on-time disbursement of approved loans and communicating same with all stakeholders through available platforms.
• Ensure accurate and timely reconciliation and settlement of financial transactions within the organization.
• Carry out monthly bank reconciliations for both Disbursement account and designated collections account.
• Daily Spooling and furnishing of stakeholders with bank statements.
• Responsible for key liquidity availability management functions. This includes cash forecasting and cash management processes, liquidity monitoring and funding strategies.
• Analysis of short-term cash needs, providing forecast information and assistance to the Head of Finance regarding Term Deposits and maximizing interest revenue.
• Provide daily liquidity report to the CEO and HOF.
• Preparing and keep custody of weekly, monthly, quarterly, and yearly Interest Income and Interest expenses report.
• Work closely with internal teams, external parties, and financial institutions to reconcile accounts, resolve discrepancies, and facilitate the smooth settlement of transactions.
• Analyze data, identify errors or discrepancies, and implement corrective actions to maintain financial integrity and compliance.
• Liaise with parties (banks and processors) to ensure optimal cost structures and verify daily settlements
• Provide ad hoc financial reporting, other duties and project work as required.

Qualifications / Requirements

• OND / HND in Accounting, Banking/Finance, or any Social Science course
• 1 - 2 years work experience as a reconciliation officer or data analyst
• Self-Stater possessing good analytical skills.

Renumeration
Industry Standard.

Application Closing Date
27th September, 2024.