Finance Officer at Prodigy Microfinance Bank

Prodigy Microfinance Bank was founded in 2023 with a mission to help people achieve their financial goals. We believe that everyone deserves access to fair and affordable financial services, regardless of their income or background. We offer a variety of products and services, including loans, savings accounts, and insurance. We are committed to providing our customers with excellent customer service and helping them reach their financial goals.

Job Title: Finance Officer

Location: Victoria Island, Lagos

Employment Type: Full-time

Job Description

• Managing a company’s financial records, analyzing financial data, preparing reports, budgeting, forecasting, and ensuring compliance with financial regulations, with responsibilities including tasks like bookkeeping, accounts payable/receivable management, financial statement preparation, and providing insights to inform strategic decision-making within the organization.

Key Responsibilities
Accounting Operations:

• Maintaining accurate financial records by recording daily transactions, including sales, purchases, expenses, and payroll.
• Processing invoices and reconciling bank statements.
• Managing accounts payable and receivable, ensuring timely payments and collections.
• Preparing journal entries and posting to the general ledger.

Financial Reporting:

• Generating periodic financial statements like balance sheets, income statements, and cash flow statements.
• Analyzing financial data to identify trends and potential issues.
• Preparing management reports with insights for decision-making.

Budgeting and Forecasting:

• Developing annual budgets based on company goals and historical data.
• Monitoring budget performance and identifying areas for cost control.
• Forecasting future financial performance based on market trends and business strategies.

Financial Analysis:

• Performing financial modelling to evaluate investment opportunities and potential risks.
• Analyzing profitability by product line, customer segment, or geographic region.
• Identifying areas of cost optimization and efficiency improvement.

Compliance and Audit Support:

• Ensuring adherence to relevant accounting standards and tax regulations.
• Preparing documentation for internal and external audits.
• Addressing audit findings and implementing corrective actions.

Requirements

• BSc in Accounting

Key Skills for a Finance Job:

• Strong analytical and problem-solving skills
• Proficiency in accounting software and financial modelling tools
• Attention to detail and accuracy
• Excellent communication and presentation skills
• Understanding of financial regulations and accounting standards.

Application Closing Date
28th February, 2025.

How to Apply: Interested and qualified candidates should send their CV and Cover Letter to: [email protected] using the Job Title as the subject of the email.