Money Cloud Ltd , a credit only micro finance institution is looking for a skilled person who shall have the responsibility of handling day-to-day operations in Finance & Operations.
- Minimum Qualification :Bachelors
- Experience Level :Mid level
- Experience Length :4 years
Finance
• Manage the day-to-day accounting functions as we scale including preparation and analysis of monthly accounting entries, management accounts and financial information including analysis and MI
• Assist with weekly cash and treasury functions, including client invoicing, scheduling payments, oversight of debtors and creditors position and reconciliation of cash transactions
• Prepare weekly Finance Report for the Executive Team
• Ensure financial reporting is aligned with current accounting standards
• Assist current and future finance transformation projects
• Ensure compliance including VAT returns, corporation and other tax returns/reporting
· 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
Operations and Credit
· Establish credit limit, considering such factors as applicant’s assets, credit experience, and personal references, based on predetermined standards.
• Keep record or file of credit transactions, deposits, and payments, and sends letters or confers with customers having delinquent accounts to make payment
• Keep record of applications for loans and credit.
• Compute interest and payments.
• Check value of customer’s collateral, such as securities held as security for loan.
• Advise customer by phone or in writing about loan or credit information.
• Assist customer and sales teams in filling out loan or credit application.
• Issuing check off invoices to clients in good time.
• Preparation of internal payroll and payments.
• Processing internal and external payments.
• Ensuring all payments have the relevant support documents
• Ensuring records are complete and prepare financial reports.
• Daily processing of expenses
· 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.
QUALIFICATION AND EXPERIENCE REQUIREMENTS
Qualified accountant (Degree in Finance, CPA-K, ACCA)
• Payments/FinTech experience highly desirable.
• Good technical accounting knowledge.
• Advanced excel skills (advance formulas, large data sets, pivot tables, vlookup etc).
• Desire to work in a very high growth business.
• Ability to work collaboratively and across functions.
• Drive, motivation, and excellent attention to detail.
• Strong analytical and problem-solving skills.
