Account Officer (Banking and Microfinance Experience)

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 Minimum of 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 ac