Finance Officer - Microfinance Bank

About the role

A financial institution in Enugu State is hiring a detail-oriented, analytical and experienced Finance Officer. The role covers maintaining accurate financial records, overseeing transactions, preparing periodic reports, monitoring cash flow and ensuring compliance with financial regulations and reporting standards. The ideal candidate understands banking operations, financial reporting, Nigerian tax obligations and the regulatory requirements for Microfinance Banks.

Key responsibilities

• Maintain accurate financial records, including ledgers, journals and daily bank reconciliations
• Process payments, vendor invoices and expense retirements in line with budgets and internal controls
• Prepare daily, weekly and monthly reports for management, highlighting variances and unusual transactions
• Support statutory and regulatory returns to the CBN, NDIC and other regulators
• Monitor cash flow, liquidity and treasury operations, escalating liquidity issues when needed
• Assist with budget preparation, forecasting, variance analysis and cost control
• Ensure timely remittance of PAYE, VAT, WHT and pension contributions
• Support internal and external audits with schedules and documentation
• Reconcile general ledger, suspense, inter-branch and settlement accounts, and NIBSS, switching platform and correspondent bank transactions
• Carry out month-end and year-end closing, accruals, prepayments and provisions in line with IFRS and CBN guidelines
• Prepare interest accrual and loan loss provisioning schedules per CBN prudential guidelines

Required profile

• HND or B.Sc. in Accounting, Finance or a related discipline
• 3-5 years' experience in finance or accounting, preferably in a bank or financial institution
• Sound knowledge of CBN regulatory and reporting requirements for Microfinance Banks
• Good understanding of IFRS and CBN accounting and prudential guidelines
• Knowledge of Nigerian tax and pension regulations (PAYE, VAT, WHT)
• Professional certification such as ICAN or ACCA (part-qualified or fully qualified) is an added advantage

Required skills

• Familiarity with core banking applications and accounting software
• Strong proficiency in Microsoft Excel and financial reporting tools
• Analytical, numerical and problem-solving skills; accuracy, integrity and confidentiality
• Ability to work under pressure and meet strict reporting deadlines