• Application Deadline:
• Position: Senior Financial Control Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 5 years



• Location Lagos




• City Ikeja




• Job Field Finance / Accounting / Audit 
  
  

Key Responsibilities

• Financial Management: Oversee day-to-day financial operations, including accounts payable/receivable, payroll, budgeting, and financial reporting.


• Budgeting and Forecasting: Develop and manage the annual budget and financial forecasts. Monitor financial performance against budgets and provide variance analysis.


• Financial Reporting: Prepare and present accurate and timely financial reports, including monthly, quarterly, and annual financial statements, in compliance with relevant accounting standards.


• Regulatory Compliance: Ensure compliance with all relevant financial regulations, including Central Bank guidelines, tax laws, and other legal requirements. Prepare reports for regulatory bodies as required.


• Cash Flow Management: Monitor and manage the bank’s cash flow to ensure liquidity and optimize the use of funds.


• Audit Coordination: Coordinate with external auditors during financial audits, ensuring all necessary documentation and information are provided.


• Financial Analysis: Conduct financial analysis to support decision-making processes. Provide insights on cost control, profitability, and financial performance.


• Team Management: Lead and mentor the finance team, ensuring professional development and the effective execution of financial tasks.


• Collaboration: Work closely with other departments to provide financial insights and support business operations. Assist in the development of financial strategies and initiatives.


• Technology and Process Improvement: Identify opportunities to improve financial processes andsystems, leveraging technology to enhance efficiency and accuracy.

Qualifications

• A Bachelor's Degree in Finance, Accounting, Economics, or a related field.


• Professional certification in Accounting, such as ICAN or ACCA is compulsory.


• Experience in the banking or microfinance industry


• Proven work experience with a minimum of 5 years Banking experience


• Strong understanding of microfinance operations and regulatory requirements.


• Proven experience in budgeting, financial reporting, and financial analysis.


• Excellent leadership and team management skills.


• Strong analytical and problem-solving abilities, with a keen attention to detail.


• Strong knowledge of accounting regulations and procedures, including Generally Accepted Accounting Principles (GAAP).


• Proficiency in Microsoft Office Suite and accounting software.


• Understanding of banking and financial services business model and unit economics.

Requirements:

• Strong understanding of accounting principles and finance


• Excellent analytical skills for interpreting financial data


• Experience with financial reporting and creating financial statements


• Attention to detail and accuracy in financial analysis


• Promptness in Posting of Transactions


• Income Statement and Balance Sheet Review


• Weekly/Monthly Bank Reconciliations


• Preparing General Ledger Reconciliation


• Monthly Update of Fixed Asset Register


• Preparing Monthly Journals


• PAYE/WHT Remittances, Receipts documentation


• Raising Internal Memos


• Preparing Monthly Management Account


• Raising Monthly Journals.

Salary & Benefits

• N150,000 - N300,000 / Month.


• HMO


• Constant Training and Development


• Leave & Passage Allowance


• Performance Induced Pay


• 13th Month.

Why Work with Bosak MFB LTD?

• If you desire to work in an organization where employee motivation is key and passion is rewarded, then Bosak MFB might be the place for you.


• We are committed to building an open and rewarding work environment where all employees have equal opportunities for growth to realize their full potential.


• Our remuneration and employee welfare packages are among the best in the industry.