Head, Finance Administration & MIS at Memento Microfinance Bank Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
6 months ago

Additional Details

Job ID
134506
Job Views
104

Job Description






Job Summary




  • The Head of Finance, Administration & MIS (Management Information Systems) has primary responsibility for the planning, implementation, managing, and running of all the finance activities of the company, including business planning, budgeting, forecasting, and negotiations.

  • The role oversees the Accounting, Information Technology (IT), and Administrative functions, and leads all financial management processes including annual budgeting and planning, monitoring of project expenditure, financial reporting and auditing; maintaining and supervising project accounts, books of account, banking, and financial operations.

  • The candidate should be a responsible leader with an analytical and strategic mind and have a broad knowledge of the business. The person is also directly responsible for overseeing the use and maintenance of the Management Information Systems of the bank.

  • The ideal candidate for this role will have demonstrated strong leadership skills, and results orientation and be able to interpret the corporate vision into growth strategies and profitable operations.



Responsibilities




  • Lead, oversee, and manage all areas of the finance, accounting, and treasury departments' day-to-day operations to ensure KPIs are achieved; build comprehensive and SMART goals for performance and growth.

  • Providing strategic recommendations to the CEO and members of the executive team.

  • Work with the IT team to develop and implement new processes and Management Information Systems that increase financial and operational efficiencies.

  • Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting.

  • Advising on long-term business and financial planning.

  • Keeping proper accounting records and preparing relevant returns relating to the MFB activities.

  • Liaising with the MFB’s bankers and ensuring that all bank accounts are properly and regularly reconciled.

  • Preparing periodic reports to the CBN.

  • Build relationships with professionals such as Solicitors, Accountants, and others whose services would be required from time to time.

  • Establishing and developing relations with senior management and external partners and stakeholders.

  • Develop, implement, and conduct regular reviews of all Finance Admin and MIS-related procedures.

  • Enable a thriving work environment, building and leading a highly motivated and high-performance team.

  • Design and implement policies, processes, and standards that align with the overall strategy and targeted culture of the organization.

  • Ensure organizational quality through review, update, implementation, and adherence to agreed policies, procedures, and manuals.

  • Ensure timely preparations of the annual budget, quarterly budget review, forecasts, and business plans.

  • Report on operational performance and suggest improvements. 

  • Oversee and manage the assets of the organization.

  • Provide strategic input and direction for the development of performance targets, including continuous monitoring to ensure the achievement of set targets.

  • Facilitate and present periodic business performance review reports to the Board.

  • Manage and maintain relationships with the CBN, other regulatory agencies, and strategic stakeholders.

  • Evaluate and decide upon key investments in equipment, infrastructure, and talent.

  • Any other duties and responsibilities which may be required from time to meet the objectives of MMFB.



Requirements




  • A Degree in the Sciences/Engineering, Business Administration, Finance, or any other related field. MSc/MBA or relevant certification (e.g. CFA/CPA) is a plus

  • Relevant professional qualifications, e.g. ACA, ACCA, CIMA

  • Minimum of 5 years senior management experience within the financial services industry

  • Must have undergone the Microfinance Certification Program and obtained a Certificate in Microfinance Banking issued by the Chartered Institute of Bankers of Nigeria (CIBN).

  • Experience implementing and/or using a Management Information System within the financial services industry.

  • Operates effectively at all levels, especially complex financial data to non-finance staff

  • Proven experience of working effectively with non-finance staff and contributing to wider organizational aims outside of the traditional finance remit

  • Excellent problem-solving skills; analytical and structured in his/her thinking 

  • Knowledge of data analytics, reporting and financial planning

  • Communication skills – verbal, non-verbal and written

  • Self-starter and very organized, with strong attention to detail 

  • Extremely versatile, dedicated to efficient productivity and able to work efficiently and effectively across multiple teams

  • A thorough understanding of microfinance performance metrics/indicators and the ability to interpret and process operations data



Similar Jobs

Cookies

This website uses cookies to ensure you get the best experience on our website. Cookie Policy

Accept