18/01/2022
Credit Officer/Branch Accountant job
About Lucid Financial Solutions Limited
LUCID Financial Solutions Ltd is a Financial Solutions Business started by Young and Visionary Entrepreneurs with the ultimate goal of enabling their clients acquire sustainable financial solutions in form of short-term loans. The Company is run by a motivated Team with adequate knowledge in financial services and passionate about transforming the lives of their clients. The company was established in 2019 with the aim of easing access to credit to both the low- and medium-income earners.
We are fully registered and regulated by Uganda Microfinance Regulatory Authority.
PRODUCTS: Salary Loan, Emergency Loan, Agriculture Loan and School Fees Loan.
SERVICES: Financial Consultancy and Jumia –Pick up services
Job Title: Credit Officer/ Branch Accountant
Reports to: Branch Manager
Job brief
We are looking for a Credit Officer to facilitate lending for our clients by assessing creditworthiness and processing relevant paperwork.
Credit Officer responsibilities include preparing loan applications, evaluating clients’ financial information and calculating risk ratios
Also, will be responsible for preparing books of accounts as well as filing tax returns and other related tax requirements.
To be successful in this role, you should have a good understanding of lending procedures, customer service experience and good accounting knowledge
Ultimately, you will help our clients acquire loans in a timely manner, while ensuring we comply with the law
Responsibilities
• Review loan requests
• Assess clients’ financial status
• Evaluate creditworthiness and risks
• Contact clients to gather financial data and documentation
• Analyze risks and approve or reject loan requests
• Calculate financial ratios (e.g. credit scores and interest rates)
• Set up payment plans
• Maintain updated records of loan applications
• Follow up with clients about loan renewals
• Monitor progress of existing loans
• Prepare periodical books of accounts and management accounts for the Company
• Support in tax related matters like filing tax returns
• Any other duty as may be assigned from time to time
Requirements
• Minimum of Diploma in Accounting, Business Administration , Banking and Finance, or related field
• Proven work experience as a Credit Officer, Loan Officer , Accountant or similar role
• Hands-on experience with lending procedures and products
• Ability to create and process financial spreadsheets
• Strong analytical skills
• Customer service experience