Advice and guides to help improve your finances!
Careers     |

Vacancy – Financial Controller

Job Role

You will be responsible for month end and statutory reporting. You will be responsible for treasury, tax, financial planning and growing of business partnerships. Your core responsibilities will include financial reporting, business budgeting and forecasting, business development projects, treasury management, risk evaluation and business analysis.

Functions & Responsibilities

Audit Liaison Office: Liaise with Internal auditors, External auditors and regulatory examiners such as CBN, NDIC, Tax Authorities, and other regulatory agencies as may be applicable.

Audit Coordination: Coordinate all audit activities within the businesses and maintain an open relationship with the auditors to enhance the effectiveness of the reviews.

Active Involvement: Involves, from the start to the end, in all audits in addition to the other audit roles due to the importance of the audit function in evaluating the internal control environment and assessing the reliability of the financial processes as a basis for financial reporting.

Audit Findings: Financial Control shall be expressly notified of findings in al audits as the audit progresses, and should participate in the audit closing conference and discussions on audit findings, recommendations to management, draft audit report and corrective action plans before a final report is issued.

Accountability for Financial Reporting: Responsibility for the quality and accuracy of financial data introduced into the system rests.

Periodic Review & Monitoring of GLs Accounts & Reconciliation of Accounts.
Fixed Asset Management.

Technical support to Operations on Transaction Booking.

Portfolio Management, Tax & Insurance.

Performance Management & Productivity Enhancement.

Investor Relations.

Budget Preparation and Performance Monitoring.

Rendition of Statutory Returns.

Management Account Preparation and Financial Reporting.

Key Performance Indicators

  • Achievement of 75% of banks budget.
  • Ensure that all staff of the bank achieves a minimum of 75% performance of their deliverables.
  • Ensure a100% integrity of banks records.
  • Ensure 100% compliance to statutory processes for taxation, pension, NHF and other statutory deduction.
  • Ensure a 100% rendition of all statutory report to regulatory bodies.
  • Ensure the timely preparation of all financial accounts within the stipulated deadlines.
  • Ensure 100% maintenance of records of the banks fixed asset.
  • Ensure 100% adequacy of all banks records and reports.
  • Liaise with all external bodies regarding financial matters to ensure zero surprise.
  • Ensure that the bank has zero regulatory infractions.
  • Ensure the monthly preparation, conduct and facilitation of the banks MPR.
  • Ensure a score of a minimum of 75% score on CBN and other regulatory bodies’ audit of the bank or at least a minimum of medium risk in a stable direction using risk based audit metrics.

Skills/Competence Requirement

 

Required knowledge, skills and abilities

  • Excellent product development and management skills
  • Excellent customer relationship development/management
  • Financial Markets Knowledge and Analysis
  • Financial Analysis/Business accountability
  • Industry Knowledge
  • Legal Statutes & Banking Regulations/Compliance Management
  • Results/Action Orientation
  • Presentation Skills
  • Ability to manage multiple tasks
  • Financial Planning/Budgeting & Forecasting

 

Supervisory Skills

  • People Management
  • Leadership
  • Developing subordinates
  • Conflict management
  • Organization & coordination
  • General managerial / administration

 

Generic Skills

  • Inter-Personal Skills
  • Communication Skills

Professional Requirements

 

Qualification

  • A second degree or an MBA from a leading university
  • MFB Certification Examination
  • Other additional qualifications e.g. ACA, ICAN will be an added advantage

 

Minimum Experience

Minimum of 7 years experience in a microfinance bank or other financial institution, with a minimum of 5 years demonstrable experience.