Finance Analyst

We are recruiting to fill the position below:

Job Title: Finance Analyst

Job Opening ID: 289
Location: Lagos
Employment Type: Full-time

Job Description

• Assist in routine treasury tasks, execute cash ?ow forecasting and participate in treasury training sessions.
• Contribute to the identification and assessment of financial risks, assist in developing risk mitigation strategies and participate in monitoring risk exposure.
• Compile and analyze financial data and generate detailed financial reports & statements
• Prepare and submit reports on accounts payable activity, including aging reports and vendor payment history.
• Support daily liquidity management and collaborate on banking relationships.
• Ensure data accuracy, assist in identifying financial trends & variances and participate in the preparation of budgetary plans
• Stay updated on relevant financial regulations and assist in ensuring compliance with regulatory standards.
• Support the implementation of governance policies, contribute to internal and external audit processes and provide documentation for compliance reporting.
• Maintain accurate and complete records of accounts payable transactions, including invoices, payments, and vendor information.
• Ensure compliance with company policies, procedures, and regulatory requirements related to accounts payable.
• Build and maintain relationships with vendors and suppliers, resolving any issues or disputes that may arise.
• Review and verify invoices from vendors and suppliers to ensure accuracy and completeness.
• Liaise with Sales, Ops, and customers to investigate and clear billing disputes, deductions, and credit notes and track resolution time and close loops fast.
• Support month-end close with accurate AR accruals and provisions, assist with ad-hoc financial analysis and budgeting when needed and ensure compliance with credit policy and revenue recognition rules
• Issue invoices accurately and on time, run weekly aging reports and proactively follow up with customers on overdue invoices via email, calls, and statements until cash is collected.
• Prepare and process payments to vendors and suppliers, ensuring compliance with company policies and procedures.
• Assist in routine tax operations, execute basic tax compliance checks and support the preparation of tax documentation.
• Assist with cash flow management by ensuring timely payment of invoices and managing vendor relationships.
• Entering invoice information into the accounting system, ensuring accurate and timely recording of accounts payable transactions.
• Monitor Days Sales Outstanding, collection efficiency, bad debt risk and build weekly/monthly AR dashboards for Finance leadership and flag at-risk accounts early.
• Gain proficiency in financial software and tools, assist in the implementation and maintenance of financial systems and contribute to the integration of technology for financial efficiency.
• Reconcile accounts payable records with vendor statements and general ledger accounts to ensure accuracy and identify any discrepancies.
• Match incoming payments to invoices in the system, resolve unapplied cash, short payments, and discrepancies and reconcile AR ledger to bank statements monthly.
• Implement and maintain internal controls to prevent errors, fraud, and misstatements in accounts payable transactions.

Requirements

• Proficiency in both spoken and written English, problem solving, analytical thinking, and communication.
• 3+ years work experience in a similar role, preferably in an Accounts Receivable role within fintech, technology, and/or financial services industry.
• BSc in Accounting, Finance, or any other related discipline. ACA or ACCA will be an added advantage.
• Ability to motivate, counsel, and constructively deal with people at all levels.
• Excellent interpersonal and communication skills.
• Good reporting skills and standards and high level of intelligence with the ability to learn with ease and speed.
• Proficiency in Microsoft Office packages is highly essential and recommended.
• Self-confidence and authenticity while having high personal ambitions and strong work ethic.

Benefits
Qore provides the rare opportunity to make history in the financial space for Africa by Africans, while working with the smartest, brightest & coolest minds in Africa. Our people & culture team continuously thinks of innovative ways to improve employee experience and some of the other benefits of working with Qore includes;

• Very Competitive & Rewarding Pay
• Lifelong Learnings
• Flexible work mode
• Paid Lunch for onsite work