Credit Control & Finance Operations Officer

Job Description

A leading insurance company is seeking a detail-oriented and analytical Credit Control & Finance Operations Officer to support its finance operations and receivables management functions. The ideal candidate will be responsible for monitoring premium collections, maintaining accurate financial records, ensuring compliance with regulatory requirements, and supporting efficient cash flow management across the business.

Location: Victoria Island, Lagos
Industry: Insurance

Responsibilities

• Monitor and ensure timely collection of insurance premiums and outstanding receivables.
• Track overdue premiums, un-remitted collections, and un-receipted inflows while escalating unresolved issues when necessary.
• Follow up with brokers, clients, reinsurers, and co-insurers to facilitate prompt settlement of outstanding balances.
• Maintain accurate records of receivables, collections, and payment statuses.
• Support transaction receipt posting activities for both Life and Non-Life insurance businesses.
• Ensure timely and accurate posting of receipts into the General Ledger (GL).
• Reconcile debit notes and coordinate with relevant officers to ensure proper GL allocation.
• Confirm premium inflows and payment statuses in response to internal business requests.
• Identify and escalate non-insurance receivables for appropriate processing.
• Implement internal controls over premium recognition, cash application, and receivables management.
• Ensure compliance with NAICOM regulations, company policies, and financial control procedures.
• Contribute to safeguarding company cash flow by minimizing credit exposure and financial risks.

Requirements

• Bachelor’s Degree in Accounting, Finance, or a related discipline.
• Minimum of 4 years of relevant experience in credit control, finance operations, receivables management, or financial control.
• Professional certification such as ICAN or ACCA is required.
• Progress toward ICAN or ACCA qualification will be an added advantage.
• Strong knowledge of financial reporting, reconciliations, and credit control processes.
• Good understanding of insurance industry operations and regulatory requirements.
• Proficiency in Microsoft Excel and financial management systems.
• Strong analytical, communication, and problem-solving skills.
• A postgraduate degree or MBA in Finance Management or a related field is an added advantage.

Application Closing Date

9th July, 2026.