About this role
Finance Officer at Memento Microfinance Bank (MMFB)
About The Role
- The Finance Officer is responsible for maintaining accurate accounting records, processing financial transactions, supporting treasury and lending operations, preparing reconciliations, supporting financial reporting, ensuring compliance with statutory and regulatory requirements, and maintaining effective internal controls.
- The role supports the Finance Department in safeguarding company assets, ensuring financial integrity, facilitating management decision-making, and maintaining compliance with applicable regulatory requirements, including those of the Central Bank of Nigeria (CBN), Financial Reporting Council (FRC), International Financial Reporting Standards (IFRS), AML/CFT regulations, Nigerian tax laws, and internal company policies and procedures.
Primary Responsibilities
- Record daily accounting transactions.
- Maintain accurate books of accounts and general ledger records.
- Process journals and accounting adjustments.
- Prepare monthly schedules and reconciliations.
- Maintain fixed asset registers and accounting documentation.
- Monitor income and expense accounts.
- Support month-end and year-end financial close processes.
- Support the preparation and submission of CBN returns and other regulatory compliance records.
- Support prudential reporting requirements.
- Assist with AML/CFT reporting obligations.
Knowledge and Skill Requirements
- Bachelor’s Degree in accounting, Finance, Economics or a related discipline.
- Minimum of 2 years experience in Accounting, Finance, Treasury Operations, Financial Services, Fintech, Lending or a similar regulated environment.
- Practical experience in financial accounting, reconciliations, treasury operations and financial reporting.
- Experience supporting loan accounting and credit administration activities.
- Working knowledge of IFRS, tax administration and regulatory reporting requirements.
- Proficiency in Microsoft Excel and accounting/ERP systems.
- Professional certification (ACA, ACCA, ICAN or equivalent) will be an added advantage.
Key Competencies:
- Practical knowledge of financial reporting, tax and regulatory compliance.
- Bank reconciliations.
- Advanced Excel and accounting software
- Team spirit
- Internal controls and risk management
- Attention to detail Experience preparing management reports and financial schedules.
- Communication and interpersonal skills.
Application Closing Date
Not Specified.