Job Description
JOB RESPONSIBILITIES
The job responsibilities for this role will include:
Finance Manager Functions
- Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
- Provide leadership and direction for the day-to-day running of the Finance Function
- Works with the managing director and other executives to coordinate planning and establish priorities for the planning process.
- Prepare CBN and other Regulatory returns and submit same timely to relevant regulatory bodies.
- Studies long-range economic trends and projects their impact on future growth in sales and market share.
- Identifies opportunities for expansion into new product areas.
- Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
- Manage relationships with regulators & statutory bodies, third parties, and business stakeholders External Auditors, FIRS, SEC, etc.
- Shape the company’s overall financial strategy & develop strategic plans and performance management reports.
Risk Management Function
- Explaining the external risk posed by corporate governance to stakeholders.
- Designing and implementing an overall risk management process for the firm, which includes an analysis of the financial impact on the firm when risks occur.
- Performing a risk assessment: Analyzing current risks and identifying potential risks that are affecting the firm.
- Allocate capital to exposures based on risk and optimize the firm risk portfolio through business activities and risk transfer strategies.
- Risk reporting tailored to the relevant audience. (Educating the board of directors about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)
REQUIREMENTS
- Bachelor’s degree in Accounting, Finance, Business, or a related field.
- Prior working experience in any of the stated firms is a MUST (Audit Firm, Asset Management Firm, & Micro-Finance Bank)
- Master’s Degree or other advanced certification preferred.
- Professional Qualification (ACA or ACCA) is mandatory.
- Minimum of 5 years combined experience in the financial sector, of which at least 2 years must have been in risk management-related roles.
- Demonstrated proficiency with Microsoft Office products (Outlook, Excel, PowerPoint, and Word) and other financial management software.
- Solid organizational abilities, including planning, delegating, program development, and task facilitation.
- In-depth understanding of regulatory compliance requirements. Should also be well-versed in the regulatory environment. Knowledge of the global regulatory environment/practices is preferred.
- Team-building skills and the ability to coach team members.