Finance Associate
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Job Location:
Monthly Salary:
Experience Required:
Posted on:
7 hours ago
Vacancies:
1 Vacancy
Job Summary
JOB SUMMARY
The Finance Associate will support the Finance Manager in managing the companys financial operations with a strong focus on accounting accuracy reconciliation settlements and financial reporting within a payments / fintech environment.
The role requires hands-on involvement in transaction processing multi-account reconciliation financial analysis and compliance support while contributing to budgeting forecasting and decision-making processes.
KEY RESPONSIBILITIES
1. Financial Reporting & Analysis
Prepare monthly management accounts financial statements and supporting schedules.
Assist in analysing financial performance identifying trends variances and risks.
Support budgeting forecasting and financial planning activities.
Prepare finance reports and dashboards for internal management review.
2. Accounting & Reconciliation Operations
Maintain accurate general ledger records in accordance with accounting standards and company policies.
Perform daily weekly and monthly reconciliation of bank settlement and escrow accounts.
Reconcile payment channels including mobile money bank transfers card processors and PSP partners.
Support month-end and year-end closing processes.
Ensure correct revenue recognition for transaction fees MDR FX margins and other income streams.
Monitor accounts payable and receivable to ensure accuracy and timeliness.
3. Settlements Treasury & Financial Controls Support
Support merchant and partner settlement processes ensuring accuracy and timely execution.
Assist in monitoring cash flow liquidity and working capital requirements.
Support implementation and monitoring of financial controls to safeguard company and client funds.
Track and report multi-currency balances and exposures.
4. Compliance Audit & Governance
Support internal and external audits by preparing required schedules and documentation.
Ensure compliance with statutory tax and regulatory reporting requirements.
Maintain proper documentation records and audit trails for all financial transactions.
Support regulator bank and partner financial reporting requirements.
5. Administrative & Cross-Functional Support
Review and process expense claims and reimbursements in line with company policy.
Maintain accurate financial records files and documentation.
Work closely with Operations Risk Compliance and Commercial teams.
Contribute to continuous improvement of finance processes systems and controls.
Requirements
Bachelors degree in Accounting Finance or a related field.
CPA (K) ACCA or equivalent professional qualification is an added advantage.
35 years experience in accounting or finance preferably within payments fintech PSP banking or financial services.
Strong understanding of accounting principles and financial reporting.
Hands-on experience with reconciliation settlements and multi-account environments.
Proficiency in Xero and Microsoft Excel.
High attention to detail and accuracy.
Strong analytical organizational and problem-solving skills.
High integrity and discretion when handling confidential financial information.
Ability to work independently and collaboratively across teams.
Proactive solution-oriented mindset with a focus on continuous improvement.
Company Industry
Internet Service Providers / Retail Appliances / Electrical and Electronic Equipment
Key Skills
- Financial Services
- Financial Concepts
- Accounting
- Corporate Finance
- Analysis Skills
- Securities Law
- Investment Banking
- Microsoft Excel
- Private equity
- Financial Analysis
- Financial Modeling
- Financial Planning
