July 20, 2024
Associate NGO MICRO Finance

Our upcoming ASSOCIATE NGO – MFI is a development organization created to support the active poor, young men & women including the middle aged who are active in trading; farming and partisanship but need some capital to improve on their trades.

Associate NGO MICRO Finance

We are looking for experienced hands in the under listed areas for immediate employment viz – Accountant, Branch Managers, Secretary, Credit Officers and Driver. Associate is someone who is a friend, someone with whom you work or someone who is a co-conspirator. An example of an associate is someone with whom you went to school. An example of an associate are two secretaries who work for the same company.

ACCOUNTANT (1 Nos). ASSOCIATE NGO

  • Education: Bs.c or its equivalent in Accounting, additional qualification and Professional Certificate will be added advantage. Must be computer literate.
  • Work Experience: Not less than 3 years in a Micro Finance Institution.
  • Age: Not more than 45years of age.
  • Salary Package: Negotiable
  • Duties: The Accountant will directly report to the Executive Director. S/He will supervise the activities of the operations staff of the NGO /MFI.

Here are the duties you must partake in:

  1. Ensures that basic accounting records are properly maintained.
  2. Ensures that reconciliation of various accounts is properly and regularly carried out.
  3. Try facilitates the preparation of Annual & other Budgets.
  4. You must be prepares periodic financial reports in compliance with applicable regulations.
  5. Try ensures that financial reports are ready as and at when due for annual audit exercise.
  6. It explain that the accounting policy of the organization is adhered to.
  7. You must performs any other job incidental to smooth running of the NGO/MFI.

BRANCH MANAGERS (2 Nos). ASSOCIATE NGO

  • Education: B.Sc or its equivalent in social sciences and must be Computer Literate.
  • Experience: Minimum of 2 years as Branch Manager in a Micro Finance Institution.
  • Age: Not more than 45 years.
  • Salary Package: Negotiable
  • Duties: The Branch Manager is both the administrative and operational head of a branch. A branch comprises of some credit officers and the Branch Manager. Each branch is a profit center and is expected to identify clients, assess loan applications, disburse and fully recover loans as and at when due.

A Branch Manager has the following duties:

  1. It manages the day to day activities of Credit Officers in the Branch.
  2. You must facilitates the development of operational guidelines
  3. Try to supervises and verifies the authentication of the entries made by the Credit Officers in daily collection sheet and bank payment on daily basis.
  4. Try to maintains the branch cash book on daily basis.
  5. Applicant should maintains the BM’s Register.
  6. Should assesses and approves groups mobilized by Credit Officers.
  7. Ensure assesses and recommends the approval of loan.
  8. It supervises loan disbursement.
  9. Applicant assesses and recommends the approval of savings refund/withdrawals.
  10. Candidate is responsible for the preparation of weekly, monthly and annual reports of the Branch.
  11. He/She reports directly to the Area Manager (AM).

SECRETARY (1No) ASSOCIATE NGO

  • Education: B.sc or its equivalent in Secretarial Administration, Office Technology etc. and must be computer literate.
  • Experience: Minimum of 2 years experience in same/similar position in a financial institution.
  • Age: Not more than 35 years of age.
  • Salary Package: Negotiable.
  • Duties: Here are the duties you must partake in:
  1. The office manager and must be familiar with the following responsibilities.
  2. Maintains mail movement register.
  3. You should maintains a functional file registry.
  4. He is responsible for articulating draft letters and memos for the Executive Director.
  5. It must have the capacity to arrange the office in a presentable manner at all times.
  6. Controls visitors to the Executive Director.
  7. Acts as the note taker/secretary in every meeting and develops minute with action points as and at when due.
  8. Try arranges meetings with and for the Executive Director.
  9. Go arranges travels and other official engagements of the Executive Director.
  10. They should manages official correspondences of the Executive Director.
  11. He maintains imprest account as assigned by the Management.
  12. Applicant performs any other duty assigned to him/her by the Executive Director or the Board.

CREDIT OFFICERS (10 Nos).

  • Education: OND, B.Sc or its equivalent.
  • Experience: Minimum of 1 year as Credit/Loan Officer in a Financial Institution.
  • Age: Not more than 35 years.
  • Salary Package: Negotiable.
  • Duties: Here are the duties you must partake in:
  1. Reports directly to the Branch Manager.
  2. Mobilizes groups for purposes of loan disbursement
  3. Keeps records of the groups under him or her.
  4. Collects cash (Loan repayments) from his or her groups and updates individual loan recipients Ledger.
  5. Hands over cash collected after being thoroughly checked to the Accountant.
  6. Facilitates and participates in the weekly operation meetings with his/her groups.
  7. Makes regular report covering his/her weekly operations to the Branch Manager.
  8. Does any other duty assigned to him or her by relevant authorities of Micro Finance Institution.
  9. Shall be responsible for the formation and registration of groups.
  10. Must collect his/her member’s weekly savings and loan repayment on meeting days and in a meeting place.
  11. Responsible for maintenance of appropriate credit officer’s record books as and at when due.
  12. Must observe due diligence before loan disbursement.
  13. Try must know the members shops and residence before loan disbursement.
  14. Follow up on clients after loan disbursement to ensure that the credit is properly utilized and recovered.

DRIVERS (2 Nos).

  • Education: Minimum of FSLC with a valid driving license.
  • Experience: Minimum of 2 years.
  • Age: Not more than 35 years.
  • Salary Package: Negotiable.
  • Duties: Details to be provided at the interview:
  1. The Chairman,
  2. Board of Directors,
  3. Associate NGO/Micro Finance Institution,
  4. Widow care Foundation Complex.
  5. Opposite Liberation Estate,
  6. Kilometer 10, Abakaliki/Enugu Expressway, Abakaliki.

What is Finance?

Finance is a term for the management, creation, and study of money and investments. Specifically, it deals with the questions of how an individual, company or government acquires money – called capital in the context of a business – and how they spend or invest that money. Finance is then often divided into the following broad categories: personal finance, corporate finance, and public finance.

At the same time, and correspondingly, finance is about the overall “system” i.e., the financial markets that allow the flow of money, via investments and other financial instruments, between and within these areas; this “flow” is facilitated by the financial services sector. Finance therefore refers to the study of the securities markets, including derivatives, and the institutions that serve as intermediaries to those markets, thus enabling the flow of money through the economy.

A major focus within finance is thus investment management – called money management for individuals, and asset management for institutions – and finance then includes the associated activities of securities trading and stock broking, investment banking, financial engineering, and risk management. Fundamental to these areas is the valuation of assets such as stocks, bonds, loans, but also, by extension, entire companies. Asset allocation, the mix of investments in the portfolio, is also fundamental here.

In Conclusion

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