Approves payment within HOP’s limit, that is payment above teller limits
Ensures effective cash management for all the branches
Ensure proper account opening procedure and documentation and kyc
Authorizes all account opening for all the branches
Signing of vouchers for entries, postings and payments
Ensures accurate and effective call over of transaction within the department/branches
General administration of the department and branches posting transactions
Preparation of budget for the Organisation bringing in the branches
Disbursement of approved loans
Ensures compliance to rules in the department and all the branches
Attends management meetings
Liase with other HODs and ED
Finance the Manager HR & Admin of petty Head office transaction,reconcile and reimburses,recognize to apportion H/O expenses to Branches
Prepares periodic report to ED and management meetings
Any other assignment by management/ED
Ensures compliance to cash limit and insurance of cash with all the branches
Ensures the implementation of depreciation policies of the bank
Prepares payroll, pays salaries as scheduled and renditions to appropriate authorities eg.pension,PAYE,Insurance ,VAT,WHT,staff HMOs and staff deductions on loans etc
Periodic reconciliation of bank accounts and other ledger accounts
Periodic review of Profit/Loss and balance sheet, submit same to ED as requested
Present statement of account summary as management report to meetings
Providing back office services such as accounts payable
Monitoring cash flow and ensuring the integrity and accuracy of day-to-day financial preparation
Providing insightful reporting and financial analysis to support management decision making.
Controlling budgets and expenditure.
Oversight functions on branches operations and accounts
Researching on factors influencing business performance.
Managing relationships with appropriate contacts, e.g. auditors, tax authorities and so on