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Finance And Administrative Officer

LOLC Myanmar
Dala | Yangon
  3 Posts
Verified This Job has been Verified as
Real by the Company.
This Job has been Verified as
Real by the Company.
13 Jun 2024
Recruiter active5 hours ago This Company is Actively
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This Company is Actively
Hiring. Your CV will be Sent
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Finance And Administrative Officer
LOLC Myanmar, Dala | Yangon

Finance And Administrative Officer

LOLC Myanmar

Finance And Administrative Officer

LOLC Myanmar
Recruiter active5 hours ago This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
Myanmar - Yangon
Verified This Job has been Verified as
Real by the Company.

Experience level

Entry Level

Job Function

Finance, Accounting, Audit

Job Industry

Banking/ Insurance/ Microfinance

Min Education Level

Bachelor Degree

Job Type

Full Time

Job Description

A Fantastic Opportunity for ...

 

  1. Branch Financial & Assets Management:
    • Collaborate closely with the Branch Manager to monitor branch costs and financial performance.
    • Work together to achieve the branch's break-even point (If it a new Branch)  and subsequently ensure sustained profitability.
    • Safeguard the branch assets, this include informing relevant authorities if there is any kind of misuse cases.
  2. Loan File and Disbursement:
    • Review the loan files that Credit Officers submit for approval by the Branch Manager.
    • Enter the approved loan details into the Management Information System (MIS) and prepare essential documents like loan agreements and cards for the disbursement process.
    • Reviewing and checking  the loan files and input the CA appraisal  in system
  3. Loan and Saving Disbursement:
    • Responsible for disbursing loans to both groups and individuals.
    • Manage the disbursement of funds from saving accounts when customers request withdrawals for cash flow management
  • Create the saving accounts and issuing the passbook to customer or credit officer
  1. Documentation and Fillings Managements
  • Accurate and reconcile for daily  transactions process  and enter to MIS system and maintain the filling system for day to day transactions  and update to BM
  • Maintain the custodial files and follow up process and if any deviation that inform to BM
  • Maintain the stationary and printing stock and follow up process and inform to BM
  • Maintain the asset movement ensure the updating in register and ground checking process and update report to BM
  • Accuracy and maintain for all registers and if any deviation that inform to BM
  1. Others
  • Checking the pre-settlement transactions who asked by CO, BM
  • Loan to Loan change process
  • Loan Written Off  which is including the loan and saving settlement process
  • Overdue Written Off  Process according to approval
  • Dead Member Setting off process according to approval
  • Regarding the system related matter as a example duplicate CID happen and mobile phone number checking and correction process in system
  • Follow up for phone calling for partial payment
  • Updating the Compulsory saving interest capitalization in saving card

 

 

 

 

  1. Supervision and Manage:

FAO is Responsible for teller Function Supervision:

    • Oversee the teller operations, ensuring accurate handling of cash.
    • Monitor the data entry process for collection through financial services activities.
    • Supervise the collection of cash from customers during front office loan repayments and deposits,
    • Make sure zero Finance related misuse cases.

3. Secondary Responsibilities

 

  1. System Updates and Data Entry:
    • Maintain the accuracy of the accounting data used in day-to-day operations.
    • Checking for loan repayments and customer deposits.
    • Ensure that all data entries are timely and error-free.

 

  1. Banking and Cash Handling:
    • Make sure that bank deposits are made on time and accurately recorded in the respective company accounts.
    • Oversee the management of cash in the vault, petty cash float, and saving float.
    • Maintain strict control over access to the cash safe key.
    • Authorized signatory for Branch Bank Account.

 

  1. Support to Documentation:
    • Prepare necessary documents such as loan agreements, loan cards, and saving cards for disbursement.
    • Keep organized and up-to-date records of custodial loan files.

 

Open To

Female

Job Requirements

  1. University graduated with accounting knowledge of LCCI  III ( UK passed)
  2. Age Under 35    .
  3. Local person is more preferable.
  4. At least one year of working experience in Micro-Finance as Finance Position or two years working experience in other sectors as Finance and Account.
  5. Computer literacy and good knowledge of Finance and Accounting

What we can offer

Benefits

Attractive Salary Package.

Performance base yearly Increments.

Highlights

Pleasure Working Environment

Career Opportunities

Internal Promotion

Oversea Exposure Visit

Training Providing