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Finance Associate Vacancy at Andela

Andela is developing a corps of high-quality technology talent across the African continent that will drive the current and future phases of tech-enabled growth around the world. With the fastest growing population and highest youth population in the world, we believe Africa is one of the greatest untapped markets for talent development.


Andela extends engineering teams with world-class software developers. We recruit the most talented developers on the African continent, shape them into technical leaders, and place them as full-time distributed team members with companies that range from Microsoft and IBM to dozens of high-growth startups. Backed by Chan Zuckerberg Initiative, GV (Google Ventures) and Spark Capital, Andela is building the next generation of global technology leaders. Passion, excellence, entrepreneurial spirit, and rejecting the status quo are just a few of the things that Andela team members have in common.

We have a vision to train 100,000 world-class developers in the next 10 years – and we want you to help make it happen
Job Position: Finance Associate
Location: Lagos
Type: Permanent
Experience: Entry-Level

About the Finance Associate Role
You will be part of a high-functioning team where your work matters. You will make a difference and join our mission.  As most start-ups, we operate at lightning speed, and if you embrace it, you'll be challenged every day. This position will report directly to the Finance Manager, Lagos.

The Finance Associate will provide overall account support for Andela Lagos operations with accurate preparation of financial statement of affairs; timely execution of monthly payroll, recording of expenses and reconciliations as required. 

Key Responsibilities

The specific responsibilities of the Finance Associate will include:

Assist in preparing accrual basis monthly balance sheet, statement of operations and requested additional schedules for dashboard for parent company within 10 days of each month end.
Execute monthly payroll in time for Management review and bank advice. Timely payroll processing and take full responsibility for all Nigerian Government Payroll Compliance And Reporting
Assist in developing reporting processes, procedures and internal controls for maintaining the efficient flow of all financial transactions
Monitor assigned payroll activities including taxes and pensions etc. to ensure Andela’s compliance with related laws of the country and timely remittance of same by administrators
Manage all accounts payables and issue out petty cash to staff and Fellows in line with approved documentation
Manage the accounts receivable process, including billing and cash collections
Manage the Fixed Asset process, including maintaining a Fixed Asset register and running of monthly depreciation.
Assisting in managing treasury functions which includes updating the weekly bank and payment positions and ensuring that the Company’s bank accounts are properly funded at all times.
Prepare monthly bank reconciliations for all bank accounts in the ledger.
Monthly reconciliation of inter company activity with parent company and other Andela subsidiaries
Posts customer payments by recording cash, checks, and credit card transactions.
Provide admin support and contract compliance reviews if any as required by the Finance Manager, Lagos.
Qualifications & Characteristics

As the ideal candidate for this role, you should:

Have a BSc in Finance/Business Administration with minimum ICAN Skill Level
Have a minimum of 3-5  years experience in an accounting and payroll function
Have a clear understanding of finance processes, tax and pension process
Be able to use Quickbooks or learn same pretty fast
Have a good knowledge of MS Excel and other MS office tools
Be able to monitor progress and takes action or escalates as needed
Have accurate book-keeping skills
Be able to communicate clearly and present work product clearly
Have the ability to manage multiple priorities and projects while working as part of an interdepartmental team in a fast-paced environment
Benefits & Compensation

Full-time compensation
Full medical coverage
Lunch and snacks provided daily
Beautiful working environment
Opportunity to work with the brightest minds on the plane
Oh, and a chance to change the world!
Note: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Method of Application

Interested persons should Click Here to Apply

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