Job Description
JOB SUMMARY
Lightway Group is seeking a detail-oriented and analytically strong Accountant to join its Finance & Treasury function. The successful candidate will provide day-to-day accounting and treasury operations support, working closely with Management to execute, record, and reconcile treasury and trading transactions across the Group. The role requires a solid understanding of banking sector expectations and regulatory conventions, sound working knowledge of treasury and trading instruments, and familiarity with cross-border payments, remittance flows, and fintech-enabled payment infrastructure.
This is a hands-on role suited to a candidate who combines core accounting discipline with treasury and correspondent banking exposure.
KEY RESPONSIBILITIES
Treasury & Trading Support
• Support the execution, confirmation, and settlement of money market, fixed income, foreign exchange, and other treasury trading transactions, in line with instructions and limits set by Management.
• Maintain accurate treasury dealing records, deal tickets, and settlement instructions, ensuring timely and error-free processing.
• Monitor daily cash and liquidity positions, nostro/correspondent account balances, and funding requirements, and escalate gaps or exceptions promptly.
• Prepare treasury and trading reconciliations, mark-to-market schedules, and position reports to support informed decision-making.
• Assist in monitoring counterparty limits, placement maturities, and rollovers, and in maintaining accurate records of investment and money market placements.
Banking Relationships & Correspondent Banking
• Understand and apply standard banking sector expectations, including SWIFT messaging conventions, settlement cycles, KYC/CDD requirements for banking counterparties, and correspondent banking documentation.
• Liaise with correspondent banks, deposit money banks (DMBs), and other financial institutions on account reconciliations, funding requests, and transaction queries.
• Support the preparation of documentation required to open, maintain, and audit correspondent and settlement accounts.
Cross-Border Payments, Remittance & Fintech
• Process, reconcile, and report on cross-border payment and remittance transactions, ensuring accuracy of exchange rates, fees, and settlement timing.
• Work with fintech payment partners, switches, and remittance service providers to reconcile transaction volumes, settlement reports, and float/nostro positions.
• Maintain a working understanding of remittance corridors, FX conversion mechanics, and the regulatory framework governing cross-border transfers (e.g., CBN guidelines on international money transfer operations).
• Identify and escalate discrepancies, failed transactions, or settlement delays with fintech and remittance partners.
General Accounting & Financial Reporting
• Prepare journal entries, general ledger postings, and account reconciliations relating to treasury, trading, and banking activities.
• Support month-end and year-end close processes, including accruals, income recognition on treasury assets, and balance sheet substantiation.
• Assist in preparing regulatory and management returns relating to treasury and liquidity, in line with applicable Central Bank of Nigeria (CBN) and other relevant regulatory requirements.
• Support internal and external audit exercises by providing accurate documentation and analysis of treasury and trading transactions.
Compliance & Risk
• Ensure all treasury, trading, and cross-border transactions comply with the Group's internal policies, applicable regulatory guidelines, and AML/CFT regulations.
• Maintain proper documentation and audit trails for all treasury and remittance transactions.
• Support the Group's risk and compliance functions in periodic reviews of treasury and correspondent banking activity.
QUALIFICATIONS & EXPERIENCE
• Bachelor's degree in Accounting, Finance, Economics, or a related field.
• Professional accounting certification (ICAN, ACCA, or equivalent) required; candidates pursuing certification will be considered.
• Minimum of 3–5 years' relevant experience in accounting, treasury operations, or trading support, ideally within a bank, microfinance bank, or fintech environment.
• Prior banking sector experience strongly preferred - candidates with a background in a commercial bank, microfinance bank, or similar regulated financial institution will be given priority consideration.
• Demonstrable exposure to cross-border payments, international remittance operations, or fintech payment platforms is highly desirable.
• Working knowledge of applicable Nigerian financial services regulatory requirements, including liquidity and treasury reporting obligations.
REQUIRED SKILLS & COMPETENCIES
• Strong understanding of treasury operations, money market and FX instruments, and trade settlement processes.
• Proficiency in core banking/treasury applications and accounting software; strong Microsoft Excel skills (financial modelling, reconciliation, and reporting).
• Familiarity with SWIFT messaging, nostro/vostro account structures, and correspondent banking processes.
• Sound knowledge of cross-border remittance flows, FX conversion, and fintech payment rails.
• High attention to detail and accuracy, with strong reconciliation and analytical skills.
• Sound understanding of financial reporting standards (IFRS) and internal control principles.
• Excellent written and verbal communication skills, with the ability to liaise confidently with banks, fintech partners, auditors, and regulators.
• High level of integrity, discretion, and professionalism given the sensitive nature of treasury and banking information.
• Ability to work under pressure, meet tight settlement deadlines, and manage multiple priorities.
PERSONAL ATTRIBUTES
• Proactive, self-driven, and comfortable operating with clearly defined delegated authority, given that final treasury decisions rest with Management.
• Strong team player with the ability to collaborate across finance, operations, risk, and compliance functions.
• Committed to continuous learning, particularly in areas of treasury management, trading, and evolving fintech/remittance regulation.
ADDITIONAL INFORMATION
This job description reflects the general nature and level of work expected of this role. It is not an exhaustive list of all duties, responsibilities, and skills required, and the Group reserves the right to amend it from time to time in line with business needs.
Lightway Group is an equal opportunity employer and welcomes applications from all qualified candidates.
