Key Duties & Responsibilities
Finance
Oversee all financial operations of the company, including budgeting, forecasting, financial reporting and management information for critical decision making.
Develop and implement financial strategies that align with the company’s objectives for growth and sustainability.
Ensure timely and accurate preparation of financial statements and reports, adhering to regulatory and accounting standards.
Manage the liquidity and cash flow of the company to ensure availability of funds for lending operations.
Manage and pay all company expenses.
Ensure compliance with tax regulations, accounting standards, and other statutory financial requirements.
Coordinate external audits and ensure proper internal financial controls are in place.
Manage all employer invoicing/instalment collections by generating timely deduction listings and sending to all employers monthly while following up for prompt payment by various employers
Manage current and future finance transformation projects
Manage payroll processing from end to end monthly
Prepare any ad hoc management reports that may be required for decision making
Build the Finance and Operations team based on volume and complexity of tasks to ensure that the company has a sound back-office environment capable of supporting a robust sales team
Build and maintain relationships with key stakeholders, including employers, payroll service providers, and other business partners
Liaise with banks, financial institutions, and investors to ensure access to funding and support business growth
Present financial and operational reports to senior management, directors, and other relevant stakeholders
Operations & Credit
Develop and implement credit policies and procedures that govern loan assessment, approval, disbursement, and recovery
Lead the credit appraisal and approval process for salary loans, ensuring alignment with risk management frameworks
Conduct regular reviews of loan portfolios to assess credit quality, identify risk, and recommend measures for improvement
Supporting the sales team in establishing client information e.g. the loan balances, eligibility for loan top ups etc.
Oversee credit scoring models to evaluate borrower risk and determine loan eligibility
Ensure timely loan disbursement and recovery through timely issuance of deduction statements for check-off against employer payroll systems, minimizing default rates
Develop risk mitigation strategies for delinquent accounts and work closely with the collections team on loan recovery
Identify, assess, and mitigate financial and credit risks associated with the company’s lending products
Ensure strict compliance with regulatory requirements related to microfinance operations and credit management
Liaise with legal counsel to ensure all credit documentation is accurate, legally binding, and enforceable
Oversee the development of policies and internal controls that minimize exposure to financial and operational risks
Ensure compliance with anti-money laundering (AML) and other financial crime regulations
Administration
Oversee the smooth operation of the credit and finance departments, ensuring that processes are efficient and scalable
Work closely with other departments (e.g. Sales) to ensure the seamless integration of financial services
Implement and manage financial management systems that support business operations, including accounting and loan management systems.
Regularly review and update loan products, pricing, and terms based on market trends and organizational objectives
Develop key performance indicators (KPIs) to measure financial and operational success
Maintain office premises including keeping track of all furniture and equipment
Manage all office supplies and stationery
Manage all documentation and ensure the company has a document storage and retrieval process and procedure
Manage all procurement both operational and capital
Maintaining and storing corporate documents and passwords
Handle all staff HR files
Comprehensive leave management and update
Qualifications & Experience Requirements
Bachelor’s degree in finance, Accounting, Business Administration, Economics, or a related field
Professional certification such as CPA, ACCA, or CFA is highly desirable
Minimum of 3 to 5 years of experience in financial management, credit risk management, or a related role, preferably within the microfinance or banking sector
Strong understanding of credit appraisal techniques, loan structuring, and risk management in short-term salary loans
Experience with payroll check-off systems and employer-backed loan recovery is highly desirable
In-depth knowledge of financial regulations, including tax laws, financial reporting standards, and regulatory requirements for microfinance institutions
Proficiency in financial management software, credit scoring models, and loan management systems
High level of integrity and ethical conduct.
Excellent leadership, communication, and stakeholder management skills
Payments / Fintech experience highly desirable
Advanced excel skills (advance formulas, large data sets, pivot tables, vlookup etc)
Ability to work unsupervised
Drive, motivation, and excellent attention to detail
Strong analytical and problem-solving skills
Ability to manage multiple tasks and meet deadlines in a fast-paced environment
Effective leadership and team-building capabilities
Attention to detail and commitment to accuracy
Applicants who meet the requirements stated above should send their applications and detailed CVs with a day – time telephone number to the email address jobshag@hcsaffiliatesgroup.com with Finance and Operations Accountant on the Subject line. Candidates MUST indicate their Current and Expected salaries. Due to the high volume of applications, we will only respond to shortlisted candidate
Apply via :
jobshag@hcsaffiliatesgroup.com
