Finance Associate Job at M-kopa Solar Nigeria Limited

M-KOPA - The scale and impact of our work is massive. M-KOPA is a fast-growing Fin Tech company offering millions of underbanked customers across Africa access to life-enhancing products and services. From our roots as the pioneer in pay-as-you-go “PayGo’” solar energy for off grid homes, we have grown into one of the most advanced connected assets in enhancing platforms in the world, empowering a broad range of customers to achieve progress in their lives.

We are recruiting to fill the position below:

Job Position: Finance Associate

Job Location: Lagos
Department: Services - Finance 
Job type: Full time

Job Description

• The Finance Associate will be responsible for extending valuable support in analyzing the financial services and providing appropriate solutions so as to achieve the financial objectives of our organization.

Responsibilities

• Booking bank payments in accordance with the M-KOPA approved chart of accounts by D+2 after the payments is affected.
• Processing requisition and other business forms, checking account balances, and purchases.
• Managing account records, issuing invoices, and handling payments.
• Collaborating with internal departments to reconcile any accounting discrepancies.
• Analyzing financial data and assisting with audits, reviews, and tax preparations.
• Updating financial spreadsheets and reports with the latest available data.
• Keeping records and documenting financial processes.
• Collaborate with procurement units to ensure that we have suitable inventory forecast for RCF
• Own physical custody and safekeep of inventory and collaborate with other stakeholders in ensuring that inventory is properly received, stored in the right conditions, and issued for distribution in a timely manner.
• Ensures that process around inventory management and controls are adhered to and all documents necessary for the proper implementation of the processes are properly generated and stored in the right format.
• Performs his/her responsibility in a way that would allow for meaningful information to be generated to aid decision-making in other related activities.
• Support finance manager in periodic monthly inventory count a generates a variance report at least once a month with proper explanations for variances.
• Owns inventory master list on the system as well as process around invoicing of vendors and issue of inventory to distribution.
• Monthly general ledger reconciliation of prepayment, accruals, bank statements, inventory.
• End month journal preparation and posting e.g. revenue, product cost, payment fees.
• Managing the purchase to pay process and specifically ensuring Purchase Orders are raised on time (before the goods / services are ordered), have all correct information (including an attachment from the vendor e.g., a quote) and are appropriately received.
• Liaising with the company’s auditors, bankers, and tax advisors.
• Ensure compliance with all tax regulations e.g., returns submitted and taxes paid on time.

 Experience, Skills & Competencies

• Bachelor's Degree in Accounting, Business Administration (Finance or accounting option), Statistics Commerce or related courses from recognized university.
• Accounting qualifications (CIMA / CPA / ACCA / ICAN) or in the final stage.
• 2-4 years of experience in a similar position or worked with reputable organization/agency.
• A proactive approach to work, the ability to handle multiple tasks and to maintain a high-quality standard when working under time pressure.
• Full computer Literacy with proficiency in the application of all MS office functions, especially Ms Word & Excel.
• A mature personality of high integrity with a great team working skills, a courteous attitude and clear sense of confidentiality.