The ideal candidate will be responsible for planning and executing the organization’s financial strategy as well as instituting strong risk management throughout the organization.

Key Responsibilities

• Preparation of annual corporate budgets and medium-term strategic business plan.
• Manage Budget Monitoring and Periodic Variance Analysis with a view to advise Management on Measures for improvement.
• Anchor Performance Management Functions and ensure a Performance Driven Environment both for all employees and the Bank.
• Preparation of monthly management accounts with all relevant schedules and ratio analysis
• Ensure Bank and other Accounts Reconciliations are done timely.
• Preparation and timely submission of statutory returns to regulatory authorities including CBN, NDIC, CAC etc.
• Preparation of periodic cash flow statements and use it to advise management on business decisions.
• General ledger management.
• Manage the company’s banking relationships & insurances for maximum beneficial efficiency.
• Ensure compliance with all statutory regulations and guidelines.
• Coordinate monthly performance review (MPR) sessions.
• Co-ordinate Assets & Liabilities Committee (ALCO) meetings.
• Develop and implement approved policy on cost & control & monitor costs to ensure they are within approved budget.
• Monitor the company’s tax filings to avert exposure to the risk of fines and penalties.
• Liaise regularly with the company’s external auditors, tax consultants and others.
• Monitor and ensure compliance with company’s financial and credit policies, standards, rules and regulations.
• Advise management on latest financial reporting requirements, including on IFRS compliance.
• Develop job description for all finance team members & assess their performance periodically.

Requirements

• Bachelor’s degree or equivalent in a relevant discipline, master’s degree, or MBA an added advantage.
• Relevant Professional Qualifications ACA, ACCA, MCIB (Microfinance Practitioner Certification)
• Prior experience in a senior management position with MFBs or related Institutions.
• Strong financial and accounting background, including an understanding of profit and loss, balance sheet and cash flow management, and general finance and budgeting.
• Experience with corporate governance.
• Proven negotiation skills.
• Experience with budget management, financial analysis, and cash flow.
• Ability to understand new issues quickly and make wise decisions.
• Ability to inspire confidence and create trust.
• Ability to work under pressure, plan personal workload effectively, and delegate.

Benefits

Salary: Competitive