Finance Associate Job at Traction Apps

Traction Apps is a technology company focused on technology solutions for SMEs relating to merchant management and payments. Traction Apps is a division of Traction Venture Partners Limited, a venture building platform seeking to build and enable a B2B ecosystem in emerging markets

Traction is a mission-driven, fast-paced and entrepreneurial environment, led by ex McKinsey consultants. The company presents a rich opportunity for our team members to drive meaningful growth and address real problems.

We are recruiting to fill the position below:

Job Position: Finance Associate

Job Location: Lagos
Job type: Full-time

Role Overview


  • We are looking for driven passionate problem solvers and self-starters to join our team.
  • In this role, you will be ultimately responsible for supporting all tactical and operational duties of the accounting function. This includes the preparation of accounting schedules, management reporting, statutory reporting , internal and external stakeholder management.

What you’ll do

  • Prepare and analyze management account i.e income statements, Statement of financial position, and cash flow statements.
  • Perform monthly, quarterly, and annual financial close processes to ensure timely and accurate financial reporting.
  • Ensuring all respective support documents such as Pro-forma invoice, invoice and receipts are uploaded to the software
  • Ensure compliance with accounting principles, industry regulations, and internal financial policies.
  • Assist in external and internal audits, providing necessary financial information and supporting documents.
  • Monthly preparation of bank reconciliations.
  • Compilation, analysis and preparation of data for financial statements, expenditures, revenues, accounts and reports;
  • Monitor and reconcile general ledger accounts, bank statements, and intercompany transactions.
  • Prepare and process journal entries and maintain proper documentation for all accounting transactions.
  • Assist in tax-related matters, including monthly tax  filings of  withholding tax, VAT and any other statutory remittance.
  • Maintain confidentiality of financial information and exercise professionalism in all financial dealings.

What you’ll need (Requirements)

  • B.Sc. Degree in Accounting, Finance or relevant field
  • 3-4 years of experience in an Accounting, Audit, or Finance role
  • Experience Fintech experience is a must (Mobile money)
  • Reporting skills is also required
  • Demonstrated interest in the FinTech or alternative financial services operators, peculiarities, and nuances
  • Professional Certification (ACA, ACCA)
  • Proficiency in the use of Microsoft Office Suite applications (Excel, PowerPoint)
  • Excellent knowledge of Accounting Software (Sage, QuickBooks, Microsoft Dynamics, etc).