Job Description
Job title : Head, Financial Control
Job Location : Lagos Deadline : September 30, 2024 Quick Recommended Links
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.
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