Date: 05-03- 2025
Company: MetroCredit COOP Ltd.
Category: Finance
Job type: Full time.
Position Title: Finance Operations Manager
Number of positions: 1
Duration: 1 year renewable
Application period: Rolling basis
Location: Buea
Institution Overview
Metropolitan Cooperative Credit Union Ltd is a Category 1 MFI created in 2024 providing savings and loans solutions to Unbanked Cameroonians as well as digital financial solutions to small businesses and corporate structure. Headquartered in Buea, Cameroon with expansion plans across the national territory and beyond Cameroon to other African markets.
website: www.metrocreditplc.com
Job Brief
We are looking for an experienced Finance Operations Manager with a broad knowledge of accounting, financial and business principles, a strategic thinker and effective leader with experience in Back office operations who can make the most profitable decisions to drive the financial planning of the company, retaining constant awareness of the company’s financial position, acting to prevent problems, managing risks and setting up and overseeing the company’s finance IT system in collaboration with the IT department.
MetroCredit places great value on relevant personal qualities including resourcefulness, tenacity, independence, patience, humility, and strong work ethic.
Functional Responsibilities
1. Financial Planning & Strategy
- Drive the financial planning of the company by analyzing its performance and risks
- Assist in the development of financing strategies
- Develop the corporate fundraising strategy and manage relationships with partners and investors
- Conduct analysis on profit margins, make forecasts, and report to senior managers and upper executives
- Forecast revenue and analyze profit margins
- Manage the company’s investment activity and provide insights to guide decision-making
- Provide advice in matters of corporate finance
2. Financial Management & Oversight
- Retain constant awareness of the company’s financial position and act to prevent problems
- Set targets for and supervise all accounting and finance personnel (management accountants, internal auditors, etc.)
- Oversee ledger reconciliation and manage accounts payable/receivable
- Lead the budgeting and expenditure monitoring processes
- Prepare budgets and monitor expenditures
- Assume responsibility for cash management procedures
- Organize and update financial records as needed (digital and physical)
3. Compliance, Auditing & Risk Management
- Ensure compliance with financial laws and guidelines
- Perform regular, detailed audits to ensure accuracy in financial documents, expenditures, and investments
- Partake in all audit and internal control operations
- Perform risk management (liquidity, interest rates, ventures, etc.)
- Establish accounting policies and procedures
- Stay informed on industry developments and changes in regulations
- Liaise with external tax accountants to track tax payments and returns
4. Reporting & Analysis
- Analyze financial/transaction data and prepare timely and detailed reports on financial performance on a quarterly, semesterly, and annual basis
- Analyze transactions and prepare reports
- Brief senior manager(s) regularly on the company’s financial status
5. Systems & Confidentiality
- Set up and oversee the company’s finance IT system
- Monitor bookkeeping activities regularly
- Ensure the company’s financial information is kept confidential
6. External Relations & Stakeholder Management
- Manage and maintain relations with banks and rating agencies
- Develop and manage relationships with partners and investors
Education, Experience and Skills:
- A minimum of a Bachelor’s degree in Accounting, Auditing and Finance, Business Administration options or equivalent and an ACA/ACCA/CPA or other recognized professional accounting qualification.
- At least 4 years of relevant work experience with at least 2 of these years, being progressively responsible as a finance manager or key accountant with reputable Microfinance or banking institutions;
- Thorough knowledge and understanding of professional accounting principles, theories, practices, and terminology and an ability to understand accounting practices and procedures; to analyze data, narrative reports, and workload flow charts, etc.;
- Ability to communicate effectively, both verbally and in writing with accounting and non-accounting individuals;
- Proficiency in Microsoft programs i.e., Excel, Word, PowerPoint, etc.
- Excellent knowledge and experience with accounting software and databases
- Sense of ownership and pride in your performance and its impact on company’s success
- Critical thinker and problem-solving skills
- Good time-management skills
- Excellent oral and written communication skills, analytical skills, interpersonal skills, and team management
- Fluency in English and French.
How to apply
To apply for this position, applicants should submit their CVs and cover letters via email recruitment@metrocreditplc.com
The subject should read ‘Finance Operation Manager’.
Thank you in advance for your interest in this position. Only those who meet the requirements will be contacted. If you have not been contacted four (4) weeks after closing, consider your application unsuccessful.
Deadline for applications: Rolling Basis.