Finance Officer at Trade and Development Bank (TDB)

Duties and Responsibilities

The Finance Officer is responsible for:

• Ensuring that loan related transactions and functions are carried out accurately and timely.
• Preparing billing statements in accordance with loan agreements and tracking the repayment of amounts due ensuring control of the billing cycle to ensure completeness.
• Carrying out loan administration tasks including, creating and maintaining client master records, timely booking of disbursements, and attending to client queries and correspondence.
• Preparation of monthly loan portfolio reports.
• Providing guidance to business units on loan operations.
• Extracting and providing information for covenant reporting.
• Reconciling monthly sub-ledger balances with the nominal ledger.
• Providing information on loan transactions through monthly disbursements listing, daily receipt allocations, SOFR reference spreadsheet and loan classifications, etc.
• Addressing discrepancies and preparing and posting journals.
• Applying rules, sanctions and covenants to transactions and records.
• Identifying areas for improvement and system enhancements in loan operations.
• Carrying out periodic database reviews.
• Providing financial perspective and technical advice in committees and task forces.
• Guiding management decisions and actions.

Qualifications and Competencies

• A Masters’ degree in Accounting or Finance or related field from a recognized institution.
• Relevant professional qualification such as Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA), Chartered Accountant (CA) or Chartered Institute of Management Accountants (CIMA).
• A minimum of 5-8 years relevant professional experience preferably in a Financial institution environment.
• Excellent knowledge of financial management concepts and ability to carry out loan accounting and administration functions.
• Strong quantitative and analytical skills, and adept in financial modelling.
• Competence in the use of ERP systems such as SAP and proficiency in the use of computer programs including MS Office applications.
• Results oriented individual with excellent written and communication skills with proven ability to rapidly produce quality reports and ability to work in a multicultural setting.
• Proven organizational, problem solving and decision-making skills with the ability to build partnerships, work in multinational teams, deliver results and manage client relationships.
• Fluency in English is a requirement, and Knowledge of TDB Group's other working language (French) would be an added advantage.