The Finance Business Partner (Kolomoni) is a critical analytical and operational role that acts as the financial heartbeat of our digital banking/loan operations. This position goes beyond traditional accounting; you will be the bridge between financial data and operational decision-making. You are responsible for ensuring the integrity of Kolomonis financial records optimizing cost management and providing the weekly/monthly intelligence that drives our strategic growth.
Key Responsibilities
1. Revenue & Loan Operations Accounting
• Interest & Fee Integrity: Ensure precise accounting of all interest and fee-based income generated from digital/app-based and manual loan products.
• Accruals & Reconciliations: Perform rigorous periodic accruals and reconciliations to ensure revenue is recognized in accordance with IFRS standards.
• Loan/Deposit Reporting: Maintain high-frequency reporting on loan portfolios and deposit balances ensuring 100% alignment between core banking systems and the general ledger.
2. Expense & Payroll Management
• Operational Accounting: Oversee the full spectrum of expense accounting including loan disbursement charges interest on deposits/borrowings and day-to-day operating expenses (OPEX).
• Cut-off Integrity: Enforce strict accrual and cut-off procedures to ensure financial statements reflect the true economic activity of the period.
• Payroll Stewardship: Process payroll end-to-end ensuring accurate statutory deductions tax compliance and seamless benefit administration.
3. Treasury Intercompany & Asset Control
• Bank Reconciliations: Conduct timely bank reconciliations proactively investigating and resolving discrepancies.
• Intercompany Governance: Manage and reconcile inter-company balances across the Group ensuring timely settlements and robust audit-trail documentation.
• Fixed Assets: Serve as the custodian of the Fixed Asset Register (FAR) ensuring accurate monthly depreciation entries and physical verification.
• Group Cost Allocation: Diligently account for group-level shared costs ensuring proper allocation and transparency.
4. Performance Reporting & Strategy
• Weekly MIS Intelligence: Lead the preparation of weekly Management Information System (MIS) reports covering:
• Loan and deposit performance.
• Intercompany status.
• Inter-bank payables/receivables.
• Real-time cash and bank liquidity positions.
• Management Accounts: Prepare monthly management accounts with deep-dive variance analysis (Actuals vs. Budget vs. Forecast).
• Strategic Insights: Provide actionable insights on financial performance and the key drivers (KPIs) behind our profitability.
5. Regulatory Compliance
• Reporting & Submissions: Own the preparation and timely submission of all mandatory regulatory returns to the CBN/relevant authorities.
• Compliance Assurance: Act as the internal authority on regulatory guidelines ensuring that all financial operations remain fully compliant.
Requirements
Requirements
• Education: Bachelors degree in Accounting Finance or a related discipline.
• Professional Qualification: ACA or ACCA (Chartered Accountant) is mandatory.
• Experience: 46 years of experience in financial accounting preferably within the FinTech Microfinance or Banking sectors.
• Technical Skills:
• Expert-level proficiency in Excel (Financial Modeling/Data Analysis).
• Hands-on experience with Core Banking Systems (CBS) and ERPs (e.g. SAP Oracle or Microsoft Dynamics).
• Deep understanding of IFRS and Nigerian tax/labor laws.
• Attributes: Sharp analytical mind ability to translate complex data into business narratives and high integrity in handling sensitive financial information.
Required Skills:
Skills and Competencies: High level of integrity and confidentiality. Analytical and investigative skills. Sound judgment and problem-solving abilities. Knowledge of anti-fraud tools and techniques. Report writing and documentation skills. Good interpersonal and communication skills. Proficiency in Microsoft Office (Excel Word PowerPoint) and core banking systems. Familiarity with CBN regulatory framework and anti-fraud guidelines.
Required Education:
Bachelors degree in accounting Banking & Finance Economics Business Administration or related fields.
Employment Type : Full Time
Experience: years
Vacancy: 1
