About the Role
Reporting directly to the Branch Manager, the Finance Assistant will manage branch credit reports, perform debtor’s reconciliation, process receipts, handle banking transactions, and oversee petty cash administration.
Oversee and execute a range of critical duties, including project management, team leadership, and strategic planning to drive organizational objectives. Develop and implement policies and procedures to enhance operational efficiency and ensure compliance with industry standards. Collaborate with cross-functional teams to identify opportunities for process improvements and innovation. Monitor performance metrics and provide actionable insights to stakeholders to support data-driven decision-making. Represent the organization in external engagements, fostering relationships with clients, partners, and regulatory bodies. Ensure adherence to legal and ethical guidelines while maintaining high standards of accountability and transparency.
Collaborate in executing the organization’s credit management policy to ensure adherence to established guidelines and regulatory standards.
Each month, we are tasked with preparing and distributing commission and debtor’s statements while addressing and resolving incoming inquiries related to outstanding accounts from intermediaries.
Ensure that payment reminders are systematically applied to accounts to guarantee that debts are settled promptly and that all relevant intermediaries fully adhere to the agreed-upon terms.
We liaise with debt collection agencies to pursue unpaid debts, oversee legal proceedings, and submit relevant information to the Credit Reference Bureau (CRB).
Collect premiums on a monthly basis through automated debits.
Tracking and following up on long-outstanding accounts receivable, while evaluating the debtors’ ability to fulfill payment obligations whenever feasible.
Monitor bounced checks diligently, promptly contacting clients to obtain replacements as needed and submitting a comprehensive monthly report.
Verify remittances, including RTGS, EFT, and IPS, and ensure receipting is completed within 24 hours; additionally, oversee daily receipting and banking processes for all premium payments received.
Visit intermediaries regularly by phone and in person to follow up on outstanding collections and reconciliations, ensuring a comprehensive weekly report is prepared and submitted on time.
Who We’re Looking For
Seeking a highly skilled professional with a proven track record in [specific field or industry]. Candidates must possess a [degree or certification] in [relevant field] along with [X] years of hands-on experience in [specific area]. Proficiency in [specific tools, software, or methodologies] is essential, along with strong analytical, problem-solving, and communication abilities. The ideal candidate will demonstrate expertise in [key responsibility or skill] and the capacity to collaborate effectively within cross-functional teams. Responsibilities include [list key duties], ensuring adherence to [industry standards or company policies].
Requires a Bachelor’s degree in a relevant discipline or equivalent practical experience.
Progress towards obtaining a Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ARCA), or a Certificate in Credit Control Management qualification is required.
Seeking candidates with a minimum of two years of hands-on experience in the field.
Qualifications
BA/BSc/HND
Experience Required
2 years
