Account Officer At Rich-Oak

Job Details

Job Title: Account Officer At Rich-Oak
Organisation: Rich-Oak
Location: Abuja
Min Work Experience: 2 year(s)
Qualification: B.Sc / HND
Industry: Accounting/ Audit/ Finance
Course: Accounting or any Social Science course

Rich-Oak is a fast growing investment, micro-lending and cooperative organisation dedicated to providing financial solutions to all classes of Nigerians. We have a vision of making two-third of Nigeria`s population financially free.

We are recruiting to fill the position below:

Job Title: Account Officer

Location: Abuja

Job Description

  • Preparation and filing of monthly loan and investment interest payment report/schedule.
  • Preparation and documentation of monthly salary schedule for execution, computing and filing monthly tax returns, preparation of monthly insurance schedule and preparation of monthly budget report.
  • Preparation of periodic Statement of Profit or Loss (cash and accrual), Year-to-date Statement of Financial position, and Cashflow statement.
  • Provide daily transaction update report to loan and investment department. Collection of daily schedules from investment and credit officers.
  • Execution of outbound transfers for loan disbursement to loan clients, expense payment through facility manager, interest and principal repayment to investors, and other transfers as director from the Manager.
  • Periodic examination and reconciliation of bank statement with general entries. (weekly and monthly).
  • Prepare monthly financial forecasts or projections for loan repayment (principal or interest or both) and for investment (interest and principal) respectively.
  • Carrying out treasury functions such as; Prepare monthly reports matching expected loan payments (inflows) with investment payments (outflows) considering tenor, interest and principal (deposit- liability matching).
  • Prepare and analyze monthly forecasted financial statement (SOCI, SOFP, and Cashflow statement) for strategic decision making.
  • Establish, proffer and implement cost management strategies.
  • Evaluate financial performance by measuring actual against forecasted results, analyze past results, perform variance analysis, identify trends, and make recommendations for improvements.
  • Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards.
  • Excellent communication and presentation skills; be comfortable interacting with executive-level management.
  • Analyzing financial data.
  • Carrying out departmental and organizational risk assessment.
  • Other duties as specified by your supervisor.

Requirements

  • Candidate must have a BSc or HND in Accounting or any Social Science course.
  • Must be an ICAN professional or chartered accountant.
  • Must have at least 2 years cognate experience in the job role.

How to Apply
Interested and qualified candidates should send their Applications to: careers@rich-oak.com with the job title as the subject.



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