We seek a meticulous and analytical Finance Associate to assist with financial operations and reporting initiatives. The preferred candidate will demonstrate extensive expertise in financial analysis, reconciliations, and budgeting, supported by a comprehensive grasp of internal controls and regulatory compliance standards.
This position is ideal for an individual who combines precision with initiative, excels in dynamic settings, and demonstrates a strong commitment to enhancing financial integrity and streamlining operational performance throughout the organization.
As a Finance Associate, your primary responsibilities will include executing a diverse range of financial tasks to support the organization’s fiscal operations. You will play a key role in managing accounts payable and receivable, ensuring timely processing of transactions while maintaining accurate records. Additionally, you will assist in budget preparation, variance analysis, and financial reporting providing insights that drive informed decision-making. Strong analytical skills and proficiency in financial software will be essential, along with meticulous attention to detail and the ability to meet tight deadlines. Collaboration with cross-functional teams will also be required to streamline financial processes and ensure compliance with company policies and regulatory standards.
Processes transactions and maintains control mechanisms to ensure accuracy and compliance with established standards. Responsible for verifying data integrity, reconciling discrepancies, and documenting all activities in accordance with regulatory requirements. Monitors system performance to identify potential issues and implements corrective measures promptly. Collaborates with cross-functional teams to streamline workflows and enhance operational efficiency. Requires meticulous attention to detail, proficiency in relevant software tools, and adherence to strict internal controls.
Accurately and promptly process vendor invoices, employee reimbursement requests, and other payment submissions to ensure timely financial transactions.
Compile and process payment runs in adherence to established approval protocols and cash flow timelines.
Ensure accurate and comprehensive documentation and filing of all financial transactions to facilitate audits and comply with regulatory requirements.
Conduct thorough reconciliations to ensure data integrity and accuracy across financial records. Verify and validate information by cross-referencing multiple sources to identify discrepancies. Implement systematic checks and controls to maintain consistency and reliability in reporting. Analyze discrepancies and resolve issues promptly to uphold financial transparency and compliance with established standards.
Conduct monthly bank reconciliations with diligence, identifying and resolving discrepancies in a timely manner to ensure accuracy.
Reconcile transactions involving intercompany accounts, claims payments, premium collections, and provider settlements to ensure accuracy and compliance.
Thoroughly examine and validate data entries within accounting systems to confirm their accuracy and comprehensiveness.
The role involves providing comprehensive assistance for financial reporting processes, ensuring accuracy and compliance with established standards. Responsibilities include preparing, analyzing, and verifying financial statements, reconciling accounts, and supporting audit activities. The position requires proficiency in accounting principles, strong attention to detail, and the ability to meet strict deadlines. Candidates must possess excellent analytical and organizational skills, along with effective communication abilities to collaborate with cross-functional teams. Experience with financial software and regulatory reporting is highly preferred.
Compile and present monthly, quarterly, and annual financial reports for managerial assessment and strategic decision-making purposes.
Facilitate the month-end and year-end financial close processes by executing allotted tasks punctually and in alignment with established deadlines.
Prepare financial schedules and supporting documentation in compliance with regulatory requirements and financial reporting standards to support the preparation of financial statements and regulatory filings.
We provide specialized assistance for compliance and audit functions, ensuring adherence to regulatory standards and internal policies. This role involves collaborating with various departments to identify potential risks, implement corrective actions, and streamline audit processes. Key responsibilities include maintaining documentation, preparing audit reports, and verifying that operational practices align with legal and industry requirements. Ideal candidates should possess strong analytical skills, attention to detail, and experience in compliance frameworks or audit methodologies. Familiarity with relevant regulations and proficiency in compliance tools are essential for success in this position.
Ensure strict adherence to company policies, accounting standards, and regulatory obligations for all transactions.
Professional Rewrite:
Facilitate the audit process by furnishing requested documentation and clarifications to both internal and external auditors as needed.
Flag any irregular transactions or policy breaches for review by senior finance team members.
Address internal inquiries regarding invoices, payments, and account balances promptly while maintaining a professional demeanor.
Provide assistance with specialized initiatives and on-demand financial assessments as required.
Assist in compiling and evaluating financial reports, such as balance sheets, income statements, and management reports, to ensure accuracy and provide meaningful insights.
Engage in the month-end and year-end closing processes by preparing and reviewing journal entries, accruals, and reconciliations for bank accounts and credit cards.
Guarantee precise and prompt handling of all financial transactions, including payments, invoices, and related activities, for employees, vendors, and partners.
Ensure meticulous financial records and supporting documentation are maintained to facilitate audit, tax preparation, and internal review procedures.
Ensure adherence to applicable financial regulations and accounting frameworks, including GAAP and IFRS.
Provide financial data and analysis to aid in business decision-making and strategic planning efforts.
Work closely with internal stakeholders and external auditing professionals to facilitate the seamless execution of audit processes and ensure timely completion of all required assessments.
Requirements
A bachelor’s degree or Higher National Diploma (HND) in Accounting, Finance, Economics, or a closely related discipline is required.
Applicants must have either completed the National Youth Service Corps (NYC) or possess a valid exemption letter.
A minimum of three years of professional experience in accounting, finance, or a related field is required.
Demonstrates advanced expertise in Microsoft Excel, including the proficient use of formulas, pivot tables, Lookups, and data manipulation techniques.
A fundamental grasp of accounting principles and familiarity with the financial close process is required.
Demonstrates meticulous attention to detail and a steadfast dedication to maintaining precision in data entry and record-keeping responsibilities.
Proven capability to work autonomously while consistently meeting deadlines and efficiently handling multiple priorities within a high-pressure setting.
Exceptional proficiency in both written and verbal communication is essential.
Nice to Have:
Professional experience in a healthcare, insurance, fintech, or other regulated industry setting is required.
Professionals should possess working knowledge of accounting software solutions, including QuickBooks, Xero, NetSuite, or comparable platforms.
Proficiency in reconciling discrepancies related to claims, premiums, or provider payments is essential.
A relevant professional certification, such as ICAN or ARCA, or an active pursuit of either qualification, is required for this position.
Qualifications
BA/BSc/HND
Experience Required
3 years
