A microfinance bank whose head office is situated in Lagos is currently seeking to recruit a Head, Finance and Account.
Job Objective:
- Plans, directs, manages and coordinates the finance functions of the bank.
- Our ideal candidate must ensure accurate accounting records, prepare financial reports to board, management and CBN and file tax returns.
Responsibilities include:
- Manages the accounts payables and accounts receivables in order to ensure complete and accurate records of all transactions
- Develops and manages the execution of budget for all administrative departments, reviews operating costs and suggests cost-saving measures.
- Ensure accurate and timely preparation of all financial reports/information such as: Monthly CBN/ NDIC Returns, Monthly, Quarterly and Yearly Management Accounts, Branch and Regional Monthly Profitability Performance Report.
- Ensures the periodic compliance activities are performed in a timely and accurate manner; i.e. Tax and other regulatory compliance activities.
- Co-ordinates the annual independent audit of the bank’s accounts
- Manages the valuation of the bank’s assets and inventory; i.e. Motor Vehicles, Equipment and other consumables.
- Supervise finance officers on finance related tasks e.g. Fixed asset register & monthly amortization and depreciation of assets etc.
- Forecast cash flow positions, related borrowing needs, and funds available for customers.
- Advise management on the liquidity aspects of its short- and long-range planning
- Ensure that sufficient funds are available to meet on-going operational and capital investment requirements
- Maintain a system of policies and procedures that impose an adequate level of control over treasury activities
- Management of expenditure
- Perform other duties and responsibilities as may be required by the Managing Director
Requirements:
