Resource Intermediaries Limited (RIL) is a company registered in Nigeria to engage in outsourcing services. We focus on three key areas; Human Resource Management, People Placement and Learning & Development
At RIL people management is at the heart of ALL we do; easing business burdens is why we do it.
Our Vision
To be the first in outsourcing management providing value adding services to our clients with an efficient and professional team.
Our Strengths
We are supported by an experienced and versatile Board and Management while our processes are driven by state of the art technology. We are adequately capitalized and have access to funds for all our valued transactions. Our location also provides very good ambiance for our clients and staff to interact while our brand pillars of flexibility, resourcefulness and knowledge clearly demonstrate our commitment to “easing business burdens.”Role Overview
This role is responsible for executing core finance operations within the cooperative division, with a primary focus on managing member contributions, loan disbursements, reconciliations, and statutory reporting.
The Account Officer is expected to bring financial discipline, transparency, and process efficiency to cooperative transactions while supporting strategic growth through reliable data and controls.
Key Responsibilities
Maintain accurate financial records for all cooperative transactions, including member savings, loan balances, and interest computations.
Process loan applications, disbursements, and deductions in line with cooperative policies and repayment plans.
Monitor monthly contributions, reconcile discrepancies, and prepare reports on delinquent accounts.
Generate periodic financial statements, cash flow projections, and member balance summaries for executive review.
Handle all bank reconciliations, ensure prompt transaction postings, and manage third-party cooperative accounts.
Prepare and file statutory remittances(e.g., WHT, VAT, PAYE) as may apply to cooperative operations.
Collaborate with HR/payroll to automate deductions and ensure accurate staff savings/loan remittances.
Provide support during internal and external audits, ensuring full compliance with cooperative finance regulations and internal controls.
Recommend process improvements to drive operational efficiency and risk reduction in cooperative finance administration.
Requirements
OND / HND / B.Sc Degree in Accounting, Finance, or related field.
At least 1 year of relevant accounting experience, preferably in a cooperative, microfinance, or similar financial structure.
Strong proficiency in financial reporting, cooperative loan accounting, and member-based transactions.
Familiarity with cooperative finance laws, auditing principles, and member equity tracking.
Experience using accounting tools such as QuickBooks, Excel, or dedicated cooperative accounting software.
Strong ethics, confidentiality, and precision in data handling.
Key Competencies:
Cooperative finance management
Loan ledger reconciliation & interest calculations
Contribution tracking & delinquency reporting
Cashflow planning & financial controls
Analytical reporting & data accuracy
Audit readiness & regulatory compliance
Stakeholder communication and record integrity
