Head of FINCON at Maestro Microfinance Bank

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
67892
Job Views
85

Job Description



Scope of the Role



  • The Head of FINCON (Financial Control) is to ensure optimal allocation of Bank's resources as well as ensure the accurate maintenance of the financial records in order to optimize the liquidity position of the Bank and mitigate financial, business and reputational risks.


Specific Responsibilities



  • Preparation and submission of CBN and NDIC monthly rendition Returns

  • Preparation and presentation of Monthly Management Account to the board through MD/CEO

  • Budget preparation and budgetary control as well as effective implementation

  • Investment and fund management

  • Daily report to MD/CEO on liquidity position and performance of the bank

  • Chief driver of weekly Asset and Liabilities Management committee meeting

  • Preparation and Presentation of Monthly Performance Review (MPR) report and chief driver of the meeting

  • Treasury and Liquidity Management of the bank

  • Remittance of statutory deductions on monthly basis such as PAYE, WHT, VAT etc.

  • Authorization of payment of vendors and staff payroll

  • Weekly Review of Bank Reconciliation statement

  • Any other duties as assigned by MD/CEO and Board.


Technical Knowledge / Minimum Requirement



  • Minimum academic qualification of a Bachelor's Degree or HND in Accounting or Finance.

  • Must be a Chartered Accountant.

  • Strong background in accounting.

  • Possession of CFE, CISA, and CFAN professional certifications as added advantage.

  • 8 years minimum of working experience with at least 4 years in a financial institution.

  • Outstanding communication and presentation skills.

  • Demonstrated leadership ability, confidence, and executive presence – ability to motivate staff.

  • Excellent analytical, reasoning, and problem-solving skills.

  • Significant experience working with external auditors, internal controls, and compliance-related issues.


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