About the Role
Reporting directly to the Branch Manager, the Finance Assistant will handle the preparation of Branch credit reports, reconcile debtor accounts, process receipts, manage banking transactions, and oversee petty cash operations.
Oversee a range of critical duties encompassing strategic planning, operational execution, and performance tracking to ensure organizational success and compliance with industry standards. Develop and implement comprehensive policies, procedures, and workflows to optimize efficiency, mitigate risks, and enhance productivity across departments. Lead cross-functional teams by fostering collaboration, assigning clear objectives, and monitoring progress to achieve targeted outcomes. Analyze market trends, financial data, and key performance indicators to inform decision-making and drive sustainable growth. Ensure adherence to regulatory requirements, ethical guidelines, and company policies while maintaining transparency and accountability in all operations.
Contribute to the execution of the organization’s credit management framework by ensuring compliance with established guidelines and procedures.
Monthly commission and debtor statements are dispatched, while any inquiries regarding outstanding accounts from intermediaries are addressed.
Ensure timely debt repayment by applying reminders to accounts and following up thoroughly with all relevant intermediaries.
We collaborate with debt collection agencies to recover outstanding debts, initiate legal proceedings when necessary, and submit relevant information to the Credit Reference Bureau (CRB) to maintain accurate credit records.
Collect premiums on a monthly basis through a direct debit process.
We identify and actively pursue long-overdue debtors, evaluating their ability to settle outstanding balances wherever feasible.
To address returned checks promptly, initiate contact with clients to secure replacements, and compile a monthly report summarizing these activities.
Review all remittances, including RTGS, EFT, and IPS, ensuring they are processed and receipted within 24 hours. Additionally, oversee the daily receipting and banking of all premiums received to maintain accurate financial records and timely fund transfers.
Conduct visits and telephone communications with intermediaries to follow up on collections and reconciliations, ensuring the submission of a detailed weekly report.
Who We’re Looking For
Bachelor’s degree in Computer Science, Information Technology, or a related field is required. Minimum of three years of experience in software development, preferably with expertise in Java, Python, or C++. Proficiency in database management systems and familiarity with cloud computing platforms such as AWS or Azure is essential. Strong problem-solving skills and the ability to work both independently and collaboratively in a team environment are necessary. Excellent communication skills to articulate technical concepts to non-technical stakeholders are also required.
A bachelor’s degree in a relevant discipline is required.
Progress in the Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ARCA), or Certificate in Credit Control Management programs is required. Candidates must demonstrate a commitment to continuous professional development in these fields. A strong understanding of financial regulations, credit assessment, and risk management principles is essential. Familiarity with accounting software and data analysis tools is advantageous. Excellent analytical, problem-solving, and communication skills are necessary to excel in this role. Attention to detail and the ability to work under pressure are also key requirements.
A minimum of two years of practical experience in the field is required.
Qualifications
BA/BSc/HND
Experience Required
2 years
