Letshego Rwanda Limited (Letshego Rwanda) was established in Rwanda in 2004 and is a subsidiary of Letshego Holdings Limited (LHL), a pan Af...
Letshego Rwanda Limited (Letshego Rwanda) was established in Rwanda in 2004 and is a subsidiary of Letshego Holdings Limited (LHL), a pan Africa financial services group that is headquartered in Gaborone. LHL is the largest indigenous BSE-quoted company with a current market capitalisation in excess of BWP 5 billion (US$ 500 million) that places it in the top 40 sub-Saharan Africa companies (excluding-South Africa). Since inception Letshego Rwanda has been operating as a regulated credit only microfinance company. In 2013, Letshego Rwanda obtained a deposit-taking microfinance licence from the National Bank of Rwanda.
Website:
http://www.letshego.com
VACANCY WITHIN LETSHEGO RWANDA LIMITED
In line with enhancing career progression of staff, we seek to recruit well-disciplined candidates to fill the following positions within Finance Department.
Accountant
The Accounts – Fixed assets & key accounts Reconciliations shall be responsible for ensuring that the company fixed assets exist, monitored and properly valued and that key balance sheet accounts are reconciled daily and monthly. The position shall also be responsible for any other duties assigned from time to time by the FM in the fulfillment of the finance department responsibilities.
Key Responsibilities:
1. Fixed assets
Ensure fixed assets are capitalized correctly in accordance with finance guidelines;
Ensure physical location of fixed assets matches fixed assets register (FAR) location;
That scrapped / disposed assets are removed from the FAR;
That all assets are tagged for identification;
Obtain completed fixed assets existence form from branched and perform physical verification at least annually;
Reconcile fixed assets between FAR and GL on a monthly basis.
2. Bank Reconciliations
Liaise with Group Finance to ensure that all bank reconciliation are done on daily basis;
Submit bank reconciliations to the FM for review by end of business day daily;
Report any unreconciled balance to the FM immediate when identified;
3. Loan Book Reconciliation
Prepare Loan Book reconciliation on a daily basis between loan listing and the GL and submit this to the FM for review daily;
On a monthly basis, perform a high level roll of Loan book from opening balance to closing balance (add payouts, interest & other charges, less repayments, settlements etc);
Any unreconciled differences should be investigated and corrected within 24 hours;
4. Deposits reconciliation
Prepare Deposits reconciliation on a daily basis between deposits listing and GL and submit this daily to the FM for review daily;
Any unreconciled differences should be investigated and corrected within 24 hours;
5. Suspense Accounts reconciliation
Prepare suspense accounts reconciliation on a daily basis and submit this daily to the FM for review daily. Any unreconciled differences should be reported immediately;
6. Investor Reporting
Prepare reports required by investors in the applicable format by the due date;
Prepare a calendar for due dates of investor reporting and ensure compliance;
Ensure that periodic payments of borrowings is done by the due date;
Ensure interest, management fees, and any other borrowings charges are accurately captured to the GL monthly;
Prepare borrowings reconciliation between agreed repayment schedule and the GL on a monthly basis.
7. Auditing
Assist in ensuring that all Audit issues are duly implemented
Assist in documentation and monitoring of internal controls.
8. Any other duties assigned by the Finance Manager.
Skills/qualifications/experience:
Detail-oriented professional with strong analytical & problem solving skills
Excellent interpersonal and inter-cultural communication skills; ability to work in a team environment
Takes initiative and does not require constant supervision or instructions to get job done;
Experience in developing and implementing administrative and financial systems, policies and procedures;
Strong working knowledge of Microsoft Excel, Word, PowerPoint, and Outlook;
Good team player in the head office and with the branch team.
Performance Standards:
Ensure daily reconciliations are done and signed off for all bank accounts.
Ensure there sound controls in the finance department
Ensuring there is institutional efficiency in the department and especially in the use of financial assets e.g. Loan disbursements, repayments.
Produces reliable, accurate and timely finance reports.
Decision making capacity and good judgment
Ensure low cost ratio through strict cost reduction measures
Ensure efficient supervision and utilization of resources.
Ability to detect and prevent fraud and errors all the time.
Good conduct and positive attitude all the time.
Provision of timely information
Confidentiality of LRL information
Provide accurate and reliable information to the Supervisor, management and staff.
Ensure innovation and creativity in the finance department
Qualifications
Bachelor’s degree in Accounting or Finance
Other trainings can be an advantage
Minimum of 2 and above years of experience in any financial Institution
Deadline-Oriented
Experience
• Strong working knowledge of Microsoft Excel, Word, PowerPoint, and Outlook.
How to apply:
If you meet the above criteria, send your application letter accompanied by an updated CV explaining how your experience, character and skills fit the above position not later than 18th January 2018.
All applications should be sent using the "Apply for this job" button below.
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