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Senior Accountant

Senior Accountant

FairMoneyLagos, LA, NG
30+ days ago
Job type
  • Quick Apply
Job description

FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures.

In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents.

FairMoney thrives on its diverse workforce, bringing together talent from over 27 nationalities. This multicultural team drives the company’s mission of reshaping financial services for underserved communities. To gain deeper insights into FairMoney’s pivotal role in reshaping Africa’s financial landscape, we invite you to watch informative  video .

Job Summary

The Finance department at FairMoney is a key component in this mission to provide banking services to all consumers across emerging markets. Finance drives the reporting, the strategic analysis and the financial operations to make FairMoney's mission possible. We are currently looking for a senior accountant :

Key Responsibilities

Monthly Management Reporting

  • Review monthly management report prepared by accountants and sign off.
  • Ensure there are relevant schedules supporting the items on the financial statement.
  • Investigate and explain variances.

Taxation

  • Update tax policies as may be required.
  • Ensure PAYE, Pension, WHT and VAT are appropriately deducted and remitted.
  • Manage the current income and deferred tax computation with the support of consultants.
  • Carry out tax planning and arrange transaction to ensure tax burden is optimized.
  • Manage tax audits and desk reviews with the support of consultant.
  • Ensure annual and monthly filings are done on or before due dates.
  • Finance Operation

  • Carry out cash planning to ensure that expenses and obligations are met as at when needed.
  • Ensure excess cash are passed to the Treasurer for investment.
  • Update Standard Operating Procedures (SOP) and accounting policy manuals as may be required.
  • Manage the transaction processing team and ensure transactions are treated timely.
  • Year End Close / Statutory Audits

  • Support year end close and annual statutory audit.
  • Requirements

  • Bachelor’s degree in finance, accounting, or a related field.
  • ACCA or ICAN professional certification is an added advantage.
  • Have an advanced Microsoft Excel Skills.
  • Have a minimum of five (5) years of experience in audit or financial service industry.
  • Strong experience in tax practice will be an added advantage.
  • Be an effective team player with a positive attitude.
  • Must be able to work without supervision.
  • Benefits

  • Private Health Insurance.
  • Pension Plan.
  • Paid Time Off.
  • Hybrid Work Model.
  • Training & Development.
  • Recruitment Process

  • A screening interview with one of the members of the Talent Acquisition team.
  • Technical Interview with the Chief Financial Officer.
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