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La Fayette Microfinance Bank Ltd is expected to start the operations in December 2012. To achieve its targets, La Fayette is launching an important recruitment campaign. The first test batch will be organized before the end of June 2012.

La Fayette Microfinance Bank Ltd. is recruiting:
Job Title: Accountants
Location: Ibadan, Oyo, Nigeria
Job Reference: ADV_NIG_Accountant_0512
Responsibilities:
  • The Accountant is responsible for keeping the accounts, for delivering the standard range of financial information (general ledger and sub-ledgers, trial balances, balances, balance sheet and income statement, cash flow statement), and annex information required for financial analysis purpose and regulatory reporting.
  • He is also in charge of assessing the quality of basic information provided to him, of recommending improved ways to obtain and process it. He shall keep the company updated regarding accounting environment issues in relation to international standards and regulatory framework.
Key Activities
- Planning activities
  • To contribute to budget elaboration
  • To keep in touch with professional bodies and ensure ongoing technical surveys regarding evolution of accounting standards or requirements
- Management and Production activities
  • To compile accounting vouchers from branches and Head Office and to register them in the accounting software Sage
  • To closely monitor the cash flows of the institution in order to inform his supervisor of potential problems
  • To contribute to financial documents elaboration (trial balances, balances, balance sheet, income statement, statement of changes in financial position)
  • To contribute to  budgetary follow-up
  • To calculate and register payrolls in the pay software
  • To manage tax issues SSNIIT, PAYE, WHT (follow-up of due taxes, preparation of payments, follow-up of WHT receipts)
  • To contribute to the elaboration and update of accounting procedures
  • To produce regulatory NBFI returns, and send them to Central Bank of Nigeria after CFO’s validation
- Control and verification mission:
  • To control and supervise staff under his/her responsibility
  • To bring to attention of his supervisor any matter considered as relevant regarding accounting, finance, treasury, tax, payroll, or budget matters
  • To provide both internal and external auditors with the required information
DECISION MAKING AND DECISIONAL ENVIRONMENT
Reports to: CFO
Supervises: Accountant assistant and treasury officer
Internal relations: Head Office Department and branches
PERFORMANCE CRITERIA
The Accountant shall demonstrate:
  • Ability to meet deadlines and to adhere to quality specifications established for financial documents;
  • Ability to forecast
  • Quality of the day-to-day bookkeeping, and of the regular financial statements
  • Respect of the timelines for production of regulatory reporting and financial statements
  • Ability to control by self the consistency of his work, and consistency of the work of his supervisees
  • Ability to interact with his supervisees (training, coaching) and supervisor (reporting)
  • Writing and conceptual skills (procedures, instructions, formats)
  • Good command of spoken and written English
The proposed salary grid  could be function of the candidate’s Diploma, prior work experience and the position they apply for.
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