Head, Financial Control

We are recruiting to fill the position below:

Job Title: Head, Financial Control

Location: Lagos
Employment Type: Full-time

Job Summary

• Additionally, the Head of Financial Control is also required to manage funds and other financial activities of the bank and make financial information available to users.
• Primarily responsible for overseeing and ensuring the accuracy, integrity, and compliance of financial reporting, implementing and maintaining effective financial controls, and supporting strategic decision-making for the Bank.

Principal Duties and Responsibilties

• Attends to various meetings such as: Management meetings, Credit review,
• Creation of General ledgers for new transactions and Banks.
• Credit Appraisal and general purpose meetings.
• Liaising with statutory bodies and government agencies such as (CBN, NDIC, LIRS, FIRS, etc.)
• Liaising with Banks of finance related issues
• Reconciliation of bank books and records: prepayment, sundry creditors, sundry customers, unpaid salary etc.
• Reviewing of daily postings into the General Ledger
• Preparation of salary journal and posting
• Liaising with compensation officer, internal control & external auditors
• Maintenance and updating of fixed assets register and schedule.
• Reviewing of Bank reconciliation statements; all outstanding issues to be trashed out
• Preparation of financial statements & reports
• Budget preparation and allocation
• Other responsibilities as may be assigned by the Managing Director.
• Computation of depreciation and amortization
• Timely rendition of statutory returns and reports to the Bank’s regulators (CBN, NDIC, CAC etc.)
• Expense monitoring & control

Qualifications, Experience, Skills and Competencies

• Communication
• Professional membership is required - ACA/ACCA, and MCIB
• Excellent teamwork skills
• Statutory Reporting
• Leadership
• Minimum of an HND/B.Sc. in Accounting/Accountancy, Finance or its equivalent. Master’s degree will be an added advantage.
• Excellent use of MS Office packages (Word, Excel, Outlook, etc.)
• Excellent written and verbal communication skills
• Report Generation
• Good Financial Decision
• Team Spirit
• Financial Intelligence
• 10 – 15 years of experience in the financial sector, preferably in Microfinance or Commercial Banking
• Detail-Oriented
• Management Accounting
• Analytical Thinking