Finance Business Partner- Kolomoni

Job title : Finance Business Partner- Kolomoni

• The Finance Business Partner (Kolomoni) is a critical analytical and operational role that acts as the financial heartbeat of our digital banking/loan operations. This position goes beyond traditional accounting; you will be the bridge between financial data and operational decision-making. You are responsible for ensuring the integrity of Kolomoni’s financial records, optimizing cost management, and providing the weekly/monthly intelligence that drives our strategic growth.

Key Responsibilities

Revenue & Loan Operations Accounting

• Interest & Fee Integrity: Ensure precise accounting of all interest and fee-based income generated from digital/app-based and manual loan products.
• Accruals & Reconciliations: Perform rigorous periodic accruals and reconciliations to ensure revenue is recognized in accordance with IFRS standards.
• Loan/Deposit Reporting: Maintain high-frequency reporting on loan portfolios and deposit balances, ensuring 100% alignment between core banking systems and the general ledger.

Expense & Payroll Management

• Operational Accounting: Oversee the full spectrum of expense accounting, including loan disbursement charges, interest on deposits/borrowings, and day-to-day operating expenses (OPEX).
• Cut-off Integrity: Enforce strict accrual and cut-off procedures to ensure financial statements reflect the true economic activity of the period.
• Payroll Stewardship: Process payroll end-to-end, ensuring accurate statutory deductions, tax compliance, and seamless benefit administration.

Treasury, Intercompany & Asset Control

• Bank Reconciliations: Conduct timely bank reconciliations, proactively investigating and resolving discrepancies.
• Intercompany Governance: Manage and reconcile inter-company balances across the Group, ensuring timely settlements and robust audit-trail documentation.
• Fixed Assets: Serve as the custodian of the Fixed Asset Register (FAR), ensuring accurate monthly depreciation entries and physical verification.
• Group Cost Allocation: Diligently account for group-level shared costs, ensuring proper allocation and transparency.

Performance Reporting & Strategy

• Weekly MIS Intelligence: Lead the preparation of weekly Management Information System (MIS) reports covering:
• Loan and deposit performance.
• Intercompany status.
• Inter-bank payables/receivables.
• Real-time cash and bank liquidity positions.
• Management Accounts: Prepare monthly management accounts with deep-dive variance analysis (Actuals vs. Budget vs. Forecast).
• Strategic Insights: Provide actionable insights on financial performance and the key drivers (KPIs) behind our profitability.

Regulatory Compliance

• Reporting & Submissions: Own the preparation and timely submission of all mandatory regulatory returns to the CBN/relevant authorities.
• Compliance Assurance: Act as the internal authority on regulatory guidelines, ensuring that all financial operations remain fully compliant.

Requirements

• Education: Bachelor’s degree in Accounting, Finance, or a related discipline.
• Professional Qualification: ACA or ACCA (Chartered Accountant) is mandatory.
• Experience: 4–6 years of experience in financial accounting, preferably within the FinTech, Microfinance, or Banking sectors.

Technical Skills:

• Expert-level proficiency in Excel (Financial Modeling/Data Analysis).
• Hands-on experience with Core Banking Systems (CBS) and ERPs (e.g., SAP, Oracle, or Microsoft Dynamics).
• Deep understanding of IFRS and Nigerian tax/labor laws.
• Attributes: Sharp analytical mind, ability to translate complex data into business narratives, and high integrity in handling sensitive financial information.