Finance Specialist at Banffpay Limited
Employment Nigeria
30-Nov-2024
₦Not Available
LAGOS ,
IT and Telecoms
Banffpay Limited is a fast-growing fintech company dedicated to transforming financial services in emerging markets with focus on Africa and operations in North America. We are committed to providing innovative, reliable, and user-centric financial solutions
We are recruiting to fill the position below:
Job Title: Finance Specialist
Location: Lagos
Employment Type: Full-time
Department: Finance
Job Summary
- We are seeking a detail-oriented and analytical Finance Specialist with a strong background in the financial services industry.
- The ideal candidate will have expertise in reconciliations, accounts payable and receivable, balance sheet management, and a solid understanding of IFRS accounting standards.
- This role requires a proactive and organized individual who can handle financial reporting, analysis, and ensure accurate record-keeping for our growing fintech company.
Key Responsibilities
Financial Reconciliation:
- Perform regular reconciliations of bank statements, accounts payable and receivable, and ensure consistency between financial systems and records.
- Investigate and resolve discrepancies in account balances and transaction records.
Accounts Payable and Receivable:
- Oversee accounts payable processes, including invoice verification, payment processing, and vendor management.
- Manage accounts receivable, monitor outstanding balances, and follow up on overdue payments.
- Coordinate with internal teams to streamline payment and collection processes.
Balance Sheet Management:
- Monitor and maintain accurate balance sheet records, ensuring that all assets, liabilities, and equity accounts are accurately reflected.
- Perform monthly, quarterly, and annual closing activities to prepare and maintain the balance sheet.
- Assist in preparing balance sheet variance analysis and reporting to management.
IFRS Accounting Standards Compliance:
- Apply International Financial Reporting Standards (IFRS) in financial reporting and ensure all accounting activities adhere to IFRS guidelines.
- Stay updated on relevant IFRS changes and provide recommendations for compliance.
Financial Reporting and Analysis:
- Prepare financial statements, management reports, and analysis to support decision-making.
- Provide insights into financial performance, including revenue, expenses, and profit analysis.
- Contribute to budget preparation, forecasting, and financial planning.
Internal Controls and Audit Support:
- Ensure compliance with internal controls, policies, and procedures to safeguard the company’s assets.
- Support internal and external audit processes by providing documentation and resolving audit queries.
Requirements
- Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field. CPA, ACCA, or CFA certification is a plus.
- Experience: 2-6 years of experience in finance or accounting, with a preference for candidates with experience in the financial services or fintech industry.
Technical Skills:
- Accounting Standards: Strong understanding of IFRS accounting standards.
- Reconciliation Expertise: Proficiency in performing bank reconciliations, managing accounts payable and receivable, and balance sheet reconciliations.
- Software Proficiency: Familiarity with accounting software (e.g., QuickBooks, SAP, Oracle) and advanced Excel skills.
- Analytical Skills: Strong analytical skills to interpret financial data and provide actionable insights.
- Attention to Detail: High level of accuracy and thoroughness in financial record-keeping and reporting.
Preferred Qualifications:
- Prior experience in the fintech or financial services industry.
- Familiarity with regulatory and compliance requirements specific to the financial services sector.
- Strong communication and interpersonal skills for working effectively with cross-functional teams.
Benefits
- Competitive salary and performance-based incentives.
- Opportunities for professional development and career growth.
- Inclusive and collaborative work environment.
Application Closing Date
Not Specified.
Method of Application
Interested and qualified candidates should send their Resume and Cover Letter to: bpjobs@gmail.com using the Job Title as the subject of the mail.
Note: If you meet the above qualifications and are excited about the opportunity to work in a fast-paced fintech environment, Apply.
Sorry the application deadline for this job has elapsed
