Elizabeth Maddeux Limited was established to address the human resource challenges faced by small and medium-scale enterprises. Our goal is to facilitate organizational growth by providing comprehensive human resource services. We specialize in industries such as banking and non-banking financial institutions, pharmaceuticals, fast-moving consumer goods, manufacturing, fintechs, telecommunications, and retail.Job Summary
The Account Officer (Finance) is responsible for supporting the financial management of the bank through accurate recording, reporting, and reconciliation of financial transactions.
The role ensures compliance with accounting standards, regulatory requirements, and internal control procedures, while contributing to the integrity of the bank’s financial information.
Key Responsibilities
Financial Recording & Bookkeeping:
Record daily financial transactions in the accounting system in a timely and accurate manner.
Maintain proper documentation and supporting schedules for all financial entries.
Ensure completeness and accuracy of financial data.
General Ledger Management:
Maintain and update the general ledger accounts.
Post journal entries and ensure proper classification of transactions.
Assist in month-end and year-end closing processes.
Reconciliation:
Perform daily, weekly, and monthly reconciliation of bank accounts, cash accounts, and other ledger balances
Investigate and resolve discrepancies in a timely manner
Maintain reconciliation schedules and supporting documentation
Financial Reporting:
Assist in the preparation of periodic financial reports (daily, weekly, monthly)
Support preparation of management accounts and regulatory returns
Provide accurate financial data to support decision-making
Budgeting & Cost Control:
Support the preparation and monitoring of departmental and organizational budgets
Track actual expenditures against approved budgets
Highlight variances and support cost control initiatives
Compliance & Internal Control:
Ensure compliance with accounting standards, regulatory requirements, and internal policies
Support internal and external audit processes by providing required documentation
Adhere to internal control procedures to safeguard financial assets
Accounts Payable & Receivable:
Process payments, invoices, and expense claims in line with approval limits
Monitor receivables and follow up on outstanding balances where necessary
Ensure proper authorization and documentation for all transactions
Tax & Statutory Compliance:
Support the preparation and filing of tax and statutory returns as required
Ensure proper documentation for all tax-related transactions
Key Performance Indicators (KPIs)
Accuracy and timeliness of financial records.
Timely completion of reconciliations.
Number of unresolved reconciliation differences.
Compliance with accounting and regulatory requirements.
Timeliness of financial reporting.
Audit findings related to finance operations.
Budget variance management.
Qualifications & Experience
Bachelor’s Degree in Accounting, Finance, or related field
Professional certification (ACA, ACCA, ICAN) is an added advantage
2–4 years experience in accounting or finance
Experience in a microfinance bank or financial institution is highly desirable
Competencies & Skills:
Strong knowledge of accounting principles and financial reporting
High level of accuracy and attention to detail
Proficiency in accounting software and Microsoft Excel
Analytical and problem-solving skills
High level of integrity and confidentiality
Ability to work under pressure and meet deadlines