Finance Analyst at Appzone Limited

AppZone is a response to the growing need in emerging markets for financial services accessibility to the masses. The company was formed with a genuine belief in Africa’s latent ability to support the home grown production and delivery of world class IT Software for the enhancement of key sectors of the budding economy. AppZone started off primarily as a developer of custom e-Banking and payment software for leading commercial Banks in Nigeria. In less than 3 years, AppZone had accumulated a remarkable asset-base of e-payment software products and intellectual property. In a bid to extend existing payment solutions to smaller scale Financial institutions, AppZone observed the absolute dearth of basic IT infrastructure and commenced a 2 year project to develop a world class yet affordable core Banking platform for Microfinance Banks (MFBs) and other small scale retail financial institutions. The culmination of this project saw AppZone in full ownership of an entire integrated suite of IT infrastructure required for the effective functioning of any modern retail Bank. Today AppZone has consolidated these platforms into a shared and entirely managed Banking and payment automation IT infrastructure under the brand BankOne. AppZone was incorporated in July 2006 as Price and Networks Limited and commenced full operations in June 2008 with a knife edged focus on creating a world class organization and defacto provider of IT software for the financial services industry. The young, dynamic and driven co-founders of AppZone decided to bring together their wealth of technical, administrative and entrepreneurial experience as well as key leadership competences to create a winning team comprising the best in brains and character. The end point being to transform the financial services industry in Africa and emerging markets around the globe thereby creating immense value for the respective economies and facilitating their overall growth and development.
Job Description

Issue invoices accurately and on time, run weekly aging reports and proactively follow up with customers on overdue invoices via email, calls, and statements until cash is collected.
Match incoming payments to invoices in the system, resolve unapplied cash, short payments, and discrepancies and reconcile AR ledger to bank statements monthly.
Liaise with Sales, Ops, and customers to investigate and clear billing disputes, deductions, and credit notes and track resolution time and close loops fast.
Monitor Days Sales Outstanding, collection efficiency, bad debt risk and build weekly/monthly AR dashboards for Finance leadership and flag at-risk accounts early.
Support month-end close with accurate AR accruals and provisions, assist with ad-hoc financial analysis and budgeting when needed and ensure compliance with credit policy and revenue recognition rules
Compile and analyze financial data and generate detailed financial reports & statements
Ensure data accuracy, assist in identifying financial trends & variances and participate in the preparation of budgetary plans
Stay updated on relevant financial regulations and assist in ensuring compliance with regulatory standards.
Support the implementation of governance policies, contribute to internal and external audit processes and provide documentation for compliance reporting.
Contribute to the identification and assessment of financial risks, assist in developing risk mitigation strategies and participate in monitoring risk exposure.
Gain proficiency in financial software and tools, assist in the implementation and maintenance of financial systems and contribute to the integration of technology for financial efficiency.
Assist in routine treasury tasks, execute cash flow forecasting and participate in treasury training sessions.
Support daily liquidity management and collaborate on banking relationships.
Assist in routine tax operations, execute basic tax compliance checks and support the preparation of tax documentation.
Review and verify invoices from vendors and suppliers to ensure accuracy and completeness.
Entering invoice information into the accounting system, ensuring accurate and timely recording of accounts payable transactions.
Prepare and process payments to vendors and suppliers, ensuring compliance with company policies and procedures.
Build and maintain relationships with vendors and suppliers, resolving any issues or disputes that may arise.
Reconcile accounts payable records with vendor statements and general ledger accounts to ensure accuracy and identify any discrepancies.
Ensure compliance with company policies, procedures, and regulatory requirements related to accounts payable.
Maintain accurate and complete records of accounts payable transactions, including invoices, payments, and vendor information.
Prepare and submit reports on accounts payable activity, including aging reports and vendor payment history.
Assist with cash flow management by ensuring timely payment of invoices and managing vendor relationships.
Implement and maintain internal controls to prevent errors, fraud, and misstatements in accounts payable transactions.

Requirements

BSc in Accounting, Finance, or any other related discipline. ACA or ACCA will be an added advantage.
3+ years work experience in a similar role, preferably in an Accounts Receivable role within fintech, technology, and/or financial services industry.
Good reporting skills and standards and high level of intelligence with the ability to learn with ease and speed.   
Ability to motivate, counsel, and constructively deal with people at all levels.  
Proficiency in Microsoft Office packages is highly essential and recommended.  
Excellent interpersonal and communication skills.  
Proficiency in both spoken and written English, problem solving, analytical thinking, and communication.  
Self-confidence and authenticity while having high personal ambitions and strong work ethic.