Senior Account Officer Job in Lagos at a Reputable Microfinance Bank | Apply Now

Looking for a Senior Account Officer job in Lagos? A reputable Microfinance Bank is currently recruiting an experienced accounting professional to join its finance team. If you have a professional accounting qualification and experience in banking finance, regulatory reporting, tax compliance, and financial reporting, this is an excellent opportunity to advance your career in Nigeria’s financial services sector.

About the Employer

A reputable Microfinance Bank is seeking a qualified and experienced Senior Account Officer to support the Assistant Head of Accounts in managing financial operations, regulatory reporting, tax compliance, and accounting processes. The successful candidate will play a key role in ensuring compliance with banking regulations, maintaining financial accuracy, and supporting strategic financial planning.

Job Summary

• Job Title: Senior Account Officer
• Industry: Microfinance Banking
• Location: Lagos State
• Employment Type: Full-time
• Reports To: Assistant Head of Accounts

Job Description

The Senior Account Officer will oversee critical accounting functions, ensure compliance with financial regulations, prepare statutory reports, manage tax obligations, and maintain accurate financial records. The role requires strong technical accounting expertise, attention to detail, and experience within a regulated banking environment.

Key Responsibilities

The successful candidate will:

• Ensure accurate daily posting of financial transactions into the accounting system.
• Prepare monthly Expected Credit Loss (ECL) provisions for loans, advances, placements, and staff loan impairment.
• Manage the Fixed Assets Register, including additions, disposals, and monthly schedules.
• Maintain Right-of-Use (ROU) assets and lease liability schedules.
• Reconcile monthly loan and deposit schedules with the General Ledger.
• Prepare General Ledger proofs and schedules for receivables and payables.
• Process monthly staff payroll journal entries and related accounting postings.
• Ensure compliance with the bank’s accounting policies, Standard Operating Procedures (SOPs), and Central Bank of Nigeria (CBN) Microfinance regulations.
• Prepare and submit monthly regulatory reports to the Central Bank of Nigeria.
• Process statutory remittances, including:
  • PAYE
  • Pension
  • NHF
  • Withholding Tax (WHT)
  • EMTL
  • NSITF
• Prepare and maintain statutory deduction schedules.
• File annual tax returns with relevant State Internal Revenue Services.
• File annual tax returns with the Federal Inland Revenue Service (FIRS).
• Coordinate annual tax audits with tax consultants and regulatory authorities.
• Process annual Tax Clearance Certificates for the bank and its employees.

Educational Qualifications

Applicants should possess:

• A Bachelor’s Degree in Accounting, Finance, or a related discipline.
• Professional accounting certification such as:
  • ACA
  • ACCA

Experience

Candidates should have:

• Minimum of five years’ post-qualification experience in finance and accounting within a National Microfinance Bank or Commercial Bank.

Required Skills

Successful candidates should demonstrate:

• Strong leadership and team management skills.
• Excellent analytical and problem-solving abilities.
• Strong communication and interpersonal skills.
• Ability to manage multiple priorities in a fast-paced environment.
• High attention to detail and accuracy.
• Strong negotiation and conflict-resolution skills.

Technical Competencies

Applicants should have practical knowledge of:

• Microsoft Excel (Advanced)
• Microsoft Word
• Microsoft PowerPoint
• Microsoft Access
• Globus Temenos T24 Banking Application
• Sage Pastel
• Sage X3 Accounting Software
• Financial analysis and financial modelling tools
• International Financial Reporting Standards (IFRS)
• Financial Reporting Council of Nigeria (FRCN) regulations

Employment Status

• Local contract with Baobab Microfinance Bank Nigeria.

Application Closing Date

23rd July, 2026.

How to Apply

Interested and qualified candidates should submit their applications online through the official recruitment portal.

Only shortlisted candidates will be contacted.

Why You Should Apply

This opportunity is ideal for experienced banking accountants seeking to work in a highly regulated financial institution. The role provides valuable exposure to regulatory reporting, IFRS compliance, taxation, financial analysis, and strategic accounting within Nigeria’s banking industry.