• Application Deadline:
• Position: Chief Financial Officer


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 10 years


• Location Lagos


• City Victoria Island


• Job Field Finance / Accounting / Audit 
  

Job Summary

• We seek to hire a well experienced Chief Financial Officer that will be able to head the team, Drive maximum output and operations in the financial department and direct all financial strategy and planning.


• Oversee all accounting functions and their accounting practices, budget preparation, financial reporting, tax and audit functions.


• Champion cost containment/reduction initiatives and support decision making in his strategic business area.


• Work with the Managing Director/CEO on the development and implementation of the strategic vision including fostering and cultivating stakeholder relationships.

Responsibilities

• Participate in developing new business, specifically: assist the MD in identifying new funding opportunities and drafting prospective programmatic budgets.


• Assist the MD on all strategic matters as they relate to budget development and management, cost benefit analysis and forecasting needs.


• Ensure smooth functioning of the Financial Control function.


• Provide management with an operating budget whilst ensuring compliance to statutory and legal requirements and monitoring compliance.


• Oversee the management and coordination of all fiscal reporting activities for the


• organization including: organizational operating income /expense and balance sheet reports; reports to the board and the regulator.


• Develop and maintain systems of internal controls to safeguard the financial assets of the


• bank.


• Oversee the coordination and activities of independent auditors as well as attending Board and Subcommittee meetings;


• Enabling for profitable growth and shareholder value creation in a challenging business


• environment.


• Cost management for the centralized operating expenses areas.


• Manage the administration of the bank’s recurrent and capital expenditure budgets.


• Drive budget achievement in each strategic business area.


• Conduct Monthly Performance Review sessions.


• Act as warrior against waste.


• Oversee the development and distribution of the annual budget for each business area and ensure that it is strictly adhered to.

KPI:

• Budget achievement


• Adequacy of content of MIS report to effectively aid decision making


• Accuracy and integrity of MIS reports


• Zero regulatory infraction


• Cost/income ratio


• Timeliness of reporting to the corporate center

Requirements

• Business graduate from an accredited university with a finance or accounting major


• Professional qualification in ACA/ACCA/CFA


• MBA in Finance would be an added advantage


• Minimum of 10 years post qualification experience in Finance and Performance


• Management role within the Financial Services Industry, of which at least 5 years must


• Must have been at a senior management level