Finance Analyst at FairMoney
Lagos, Lagos, Nigeria -
Full Time


Start Date

Immediate

Expiry Date

05 May, 25

Salary

0.0

Posted On

06 Feb, 25

Experience

2 year(s) or above

Remote Job

No

Telecommute

No

Sponsor Visa

No

Skills

Compliance Monitoring, Financial Data, Invoice Processing, Bank Statements, Finance, Microsoft Excel, Processing, Financial Planning, Netsuite, Vendors, Financial Reporting, Communication Skills, Pension, Emerging Markets, Analytical Skills, Strategic Insights

Industry

Financial Services

Description

JOB DESCRIPTION/REQUIREMENTS

FairMoney is at the forefront of revolutionizing banking in emerging markets with our credit-led mobile banking platform. Our primary operations began in Nigeria, where we have made significant strides since our inception in 2017, raising nearly €50 million from a range of global investors.

The Finance department plays a pivotal role in supporting our mission to deliver accessible banking services throughout emerging markets. We are currently seeking a dedicated Financial Analyst who will be instrumental in analyzing financial data, contributing to strategic financial planning, and ensuring that our operations align with our ambitious goals.Key Responsibilities:

  • KPIs for Finance Analyst

    • Invoice Processing Efficiency- Process all approved invoices within 24 hours of receiving necessary approvals
  • Invoice Management on NetSuite- Ensure 100% of all invoices are uploaded to NetSuite for approval within 24 hours of receipt
  • Accuracy of Entries on NetSuite- Maintain 100% accuracy in recording entries on NetSuite, including applying the appropriate tax rates
  • Invoice Submission Process Compliance- Ensure process owners consistently submit invoices to the finance group email for processing, with 100% compliance monitoring
  • Timely Remittance of Statutory Payments- Ensure all statutory payments (WHT, PAYE, Pension, EMTL) are remitted accurately and on or before their respective deadlines
  • VAT Filing Timeliness- Complete and submit all VAT filings on or before the 21st of each month without exception
  • Vendor Payment Accuracy and Timeliness- Ensure 100% of vendors are paid correctly and within the agreed timelines
  • GL Reconciliation- Conduct and complete the monthly reconciliation of all Payable GLs with zero unresolved discrepancies
  • Support for Financial Reporting Assist the Accountant in preparing accurate monthly and quarterly reports, ensuring all tasks are completed by the agreed deadlines
  • S ME Loan Cashback Processing and Reconciliation.-1. Ensure all request for cashbacks are treated according to the policy and necessary approvals are received before disbursement.2.Weekly/monthly Reconciliation of SME bank statements per SME portfolio sheet.

REQUIREMENTS

  • Bachelor’s degree in Finance, Accounting, or a related field
  • A minimum of 2 years of experience within the fintech or financial services industry
  • Proficient in Microsoft Excel and financial software
  • Excellent analytical skills with attention to detail
  • Strong communication skills for presenting findings to stakeholders
  • Ability to work independently and manage multiple projects simultaneously
  • Demonstrated ability to provide strategic insights and recommendations based on dataHigh level of integrity and professionalism
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Responsibilities
  • KPIs for Finance Analys
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