Finance Associate at BFREE Africa

BFREE – Over 300 million consumers are over-indebted in emerging markets – we are helping them to B(e)FREE of debt because it sucks to be in debt. BFREE was founded in 2020 by digital lending executives that were deeply unsatisfied with the existing credit collection infrastructure in emerging markets. Backed by leading African Venture Capital funds we are now reinventing credit collection step by step to make the process more efficient, scalable, and user-friendly while giving customers back control over their financial health.

We are recruiting to fill the position below:

Job Title: Finance Associate

Location: Lagos
Department: Finance
Employment Type: Full-Time

Job Responsibilities

• Collating and mailing, faxing, and emailing invoices and statements.
• Copy, file, and collate a/p, payroll.
• Completion of tasks finance on month-end close/quarterly-end close checklist.
• Update and maintain various spreadsheets.
• Liaise with external accountants on various other tasks
• Provide support to external auditors
• Assist with payroll.
• Review of monthly commission calculations, after its preparation by responsible process owners and discuss/ ensure correction of any errors before payment is processed by finance.
• Ensure execution and efficiency in the execution of the various tasks outlined on the month-end close checklist.
• Remain the main point of contact for finance matters in Nigeria
• Maintain and manage office administrative expenditure together with BFREEs admin.
• Maintain, verify and rectify customer balances in accounts receivable records.
• Ensure employee expenses are supported with receipts, a valid business expense, within BFREE’s approved reimbursement policy and uploaded timely for reimbursement
• Correspond with clients having long overdue and delinquent balances.
• Check and verify vendor bills before making payment advice.
• Maintain and ensure the accuracy of our fixed asset register. Includes follow-up with responsible process owners
• Liaise with the local bank when directed
• Reconcile bank records with bank statements.
• Integrate administrative and finance/accounting functions smoothly.
• Other duties as assigned by the Head of Finance.

Qualifications 

• Bachelor’s Degree in Finance or Accounting
• CPA or other related certification is a plus
• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
• Two to four years of related experience and/or training Education and/or Experience
• Big 4 experience, is a plus

Other Desired Skills, Abilities:

• Ability to write detailed information into system and correspondence as necessary
• Ability to read, analyze and interpret the client files
• Ability to respond effectively and sensitive to clients, showing respect
• Ability to understand and calculate payments for collections
• Ability to handle sensitive information and maintain high level of confidentiality
• Able to work under stress, in a high pace environment, which includes various deadlines
• Understanding of basic spreadsheets, Google docs, Local GAAP mandatory
• IFRS Principles, Quickbooks and Expensify knowledge, is a plus
• Ability to learn and work proprietary software
• Willing to work overtime, only as requested by Head of Finance
• An entrepreneurial mindset is highly desired!

Method of Application
Interested and qualified candidates should:
Click here to apply online