Head, Financial Control at Personal Trust Microfinance Bank

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
99210
Job Views
62

Job Description



Job Description



  • The Head, of Financial Control will support the Managing Director to develop and oversee the execution of a finance, treasury, and management strategy that enables the achievement of long-term goals and operational plans.

  • The job holder will oversee the bank’s financial planning and strategy, financial management and control, treasury management, tax, and other oversight functions.


Responsibilities



  • Contribute to the formation of the business strategy and ensure that all financial policies, procedures and systems are sound

  • Provides financial direction, planning and accounting to the business, covering short term and long-term financial goals

  • Management of treasury and investment to ensure optimal liquidity and negotiate/arrange external finance when required

  • Monitors banking activities and ensure regular reconciliations of all banking transactions

  • Develops plans, budgets, forecasts and financial results to guide management decisions by forecasting, analyzing variances and initiating corrective actions

  • Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances

  • Oversee the activities of external auditors, CBN and NDIC examiners and ensure 100% compliance with set guidelines

  • Manage relationships with regulatory and statutory bodies, i.e. LIRS, FIRS, etc.

  • Ensures adequate insurance coverage on all operational activity

  • Ensures adequate controls are installed and maintained to cover all financial transactions, including safeguarding financial assets.

  • Oversees activities of your team (i.e. coaches, appraises, rewards, motivates, discipline, etc.).

  • Oversee any outsourced accounting functions

  • Ensure that financial reports comply with the International Financial reporting standard (IFRS) and constantly keeping abreast of developments in the space

  • Authorize expenditure/ transactions in line with the bank’s approval limits

  • Flexibility to carry out any other task as requested by Management


Qualifications



  • HND/BSc/ in Accounting, economics or a related field

  • Minimum of eight (8) years’ experience in a similar role at a financial institution

  • Evidence of completion/ exemption of/from NYSC

  • Professional qualification such as ICAN, ACA, ACCA

  • Evidence of completion of Microfinance Certification program

  • Knowledge of Financial management systems, accounting policies and standards, tax management, costing accounting etc.

  • Treasury and investment management experience

  • Knowledge of the Microfinance banking framework


Skills:



  • Strong working knowledge of Excel and BankOne

  • Strong presentation and financial modeling skills

  • High attention to detail.

  • Strong budget and management skills, including proven ability to manage project/process.

  • Ability to adapt to change quickly and multi-task.

  • Ability to deal with ambiguity, tight timelines, multiple priorities, and demanding customers, in a fast-moving, constantly changing environment.

  • High degree of professionalism, maturity and confidentiality.

  • Strong oral, written interpersonal and presentation skills.

  • Strong analytical and problem-solving skills.

  • Ability to work within and manage a team of professional, guiding and coordinating towards achieving common objectives.

  • Conflict resolution and/or mediation skills

  • Influencing and Negotiation skills

  • Strong leadership and excellent interpersonal skills.


Similar Jobs

Cookies

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

Accept