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Reliance Health

Tech-enabled affordable telemedicine and insurance

Finance Associate

Full-TimeUpdated on 10/15/2026
No salary listed
Mid
Bachelor's
Remote in Nigeria+1 moreMore locations: Lagos, Nigeria
Remote
AccountingFinancial Accounting, Accounts Payable/Receivable

About the job

Requirements
  • A bachelor's degree or HND in Accounting, Finance, Economics, or a related field is required.
  • Must have completed NYSC or have a valid exemption letter.
  • At least 3 years of experience in accounting, finance, or a similar role is required.
  • Strong proficiency in Microsoft Excel, including formulas, pivot tables, VLOOKUPs, and data manipulation, is required.
  • A basic understanding of accounting principles and the financial close process is required.
  • High attention to detail and commitment to accuracy in data entry and record-keeping are required.
  • Ability to work independently, meet deadlines, and manage multiple tasks in a fast-paced environment is required.
  • Strong written and verbal communication skills are required.
Responsibilities
  • Process vendor invoices, employee reimbursements, and other payment requests accurately and on time.
  • Prepare and execute payment runs in compliance with approval policies and cash flow schedules.
  • Maintain proper documentation and filing for financial transactions to support audits and regulatory reviews.
  • Perform monthly bank reconciliations and investigate discrepancies promptly.
  • Reconcile intercompany accounts, claims payments, premium collections, and provider settlements.
  • Review and verify data entries in accounting systems to ensure accuracy and completeness.
  • Assist in preparing monthly, quarterly, and annual financial reports for management review.
  • Support month-end and year-end close processes by completing assigned tasks within deadlines.
  • Compile supporting schedules and documentation for financial statements and regulatory filings.
  • Ensure transactions comply with company policies, accounting standards, and regulatory requirements.
  • Assist internal and external auditors by providing requested documentation and explanations.
  • Flag unusual transactions or policy violations to senior finance team members.
  • Respond to internal queries about invoices, payments, and account balances in a timely and professional manner.
  • Support special projects and ad hoc financial analysis as needed.
  • Support the preparation and analysis of balance sheets, income statements, and management reports.
  • Participate in month-end and year-end closing activities, including journal entries, accruals, and bank and credit card reconciliations.
  • Ensure timely and accurate processing of payments, invoices, and other financial transactions for employees, vendors, and partners.
  • Maintain accurate financial records and documentation to support audit, tax, and internal review processes.
  • Ensure compliance with relevant financial regulations and standards such as GAAP or IFRS.
  • Assist in providing financial data and analysis to support business decision-making and strategic planning.
  • Collaborate with internal teams and external auditors to support the successful completion of audits.
Desired Qualifications
  • Experience working in healthcare, insurance, fintech, or a regulated industry is preferred.
  • Familiarity with accounting software such as QuickBooks, Xero, NetSuite, or similar platforms is preferred.
  • Exposure to reconciliations involving claims, premiums, or provider payments is preferred.
  • Professional certification or progress toward ICAN or ACCA is preferred.

About the company

Reliance Health delivers affordable, accessible healthcare in emerging markets by combining subscription-based health insurance with telemedicine and a mix of partner and proprietary healthcare facilities. Its offerings are accessed through a technology-enabled platform that connects individuals and businesses to care, including online consultations and in-person services across its network. The company differentiates itself by targeting underserved populations with an integrated model that lowers costs and expands access—using technology to streamline insurance, telehealth visits, and facility access. The goal is to improve health outcomes for underserved communities by making healthcare cheaper and easier to obtain through a scalable digital-physical care network.

Company Size

501-1,000

Company Stage

Series B

Total Funding

$48.4M

Headquarters

Nigeria

Founded

2016

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Simplify's Take

What believers are saying

  • General Atlantic updated its Reliance Health investment page on 2026-03-14, signaling continued support.
  • Official 2026 clinic pages list Abuja, Port Harcourt, and eight active RFC locations.
  • The company still markets 24/7 virtual consultations for employers, preserving recurring B2B revenue.

What critics are saying

  • In July 2025, Reliance Health cut 106 employees to chase breakeven immediately.
  • Ex-employees said growth outside Nigeria lagged, crushing Egypt and Senegal expansion economics.
  • If more capital evaporates, clinic-heavy expansion and multi-country underwriting failures can kill the company.

What makes Reliance Health unique

  • Reliance Health combines insurance, telemedicine, and owned clinics across Nigeria and Texas-based operations.
  • General Atlantic backs a healthcare platform with eight Reliance Family Clinics in 2026.
  • It sells integrated corporate wellness and 24/7 virtual care, not single-point telemedicine.

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Benefits

Health Insurance

Unlimited Paid Time Off

Remote Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

2%
Condia
Sep 29th, 2025
Condia Insider: Why African healthtech is struggling

YC-backed Reliance Health reportedly laid off more than 100 employees earlier this year as it sought to break even.

Techpoint Africa
Jul 18th, 2025
Nigeria's healthcare crisis is too big for startups to handle

Helium Health secured $10 million in Series A funding in 2020 and $30 million in Series B, while Reliance Health raised around $40 million in Series B.

Hispanic Today
Dec 31st, 2024
Hispanic Today

Reliance Health has been named amongst the Top 3 midsize Workplaces in Connecticut, by the Hartford Courant since 2011.

Vanguard News
Sep 23rd, 2024
HealthTech: How Reliance Health, Platos deploy tech solutions to bail-out Nigerians living with diabetes

In a groundbreaking initiative aimed at improving the lives of Nigerians living with diabetes, Reliance Health has joined ranks with Platos Health to complete a pilot study that showcases the transformative potential of health technology in managing chronic diseases.

Reliance Health
Feb 7th, 2022
Reliance Health raises $40M in Series B led by General Atlantic

To date, Reliance Health has raised $48M in total funding, including a $6M Series A funding round in January 2020 led by Partech, with participation from Y Combinator, LoftyInc Capital, Golden Palm Investments, Picus Capital, and Ventures Platform.