Head of Finance

Responsibilities:

• Oversee the preparation of the Bank’s management and financial statements (daily, weekly, monthly, bi-annually, annually, etc.) to ensure accuracy and completeness.
• Responsible for maintaining the Bank’s general ledgers, revenue recognition, accounts payable and receivables, and all taxation processes.
• Controlling budgets and expenditures by researching their impact on business performance.
• Proper monitoring, recording, and safeguarding of the Bank’s assets and formulating policies that will have a positive impact on business performance.
• Ascertaining that all accounting endeavours comply with appropriate financial laws and regulations.
• Oversee budget planning, preparation, implementation, and monitoring process in the Bank.
• Frequent preparation, analysis, interpretation, and monitoring of the cash flow of the Bank. 
• Provide advice to Management on appropriate cost control measures for cost optimalization purposes.
• Ensure proper handling of all regulatory issues in order to protect the interest of the Bank.
• Management of all the financial records of the bank by ensuring proper record keeping.
• Ensure efficient relationship management between the Bank and other regulatory bodies and institutions.
• Ensure that all financial returns to (NDIC, FIRS, CBN, etc.) are filed as at when due to avoid any form of sanctions or financial losses for the Bank.
• Providing back-office services such as accounts payable, collections, and payroll management.
• Providing insightful reporting and commercial analysis to support management decision-making.
• Coordinating all statutory and regulatory examinations of the Bank.  
• Must have practical knowledge of banking principles and operations with strong analytical skills.
• Must possess sound hands-on knowledge of IFRS and its impact on the business environment.
• Effective decision-making and complex problem-solving skills.
• Must possess a business mindset that focuses on profitability.
• Excellent communication, interpersonal, analytical, and presentation skills.
• Strong leadership skills with a focus on developing people.

Requirements:

• Computer Appreciation Skills (Ability to work with word processing and spreadsheet applications).
• Technical Report Writing Skills.
• Budgeting and Budget Implementation.
• Financial Statements and Budget Documentation.
• Cost Control and Management.
• Performance Management.
• Basic Taxation Skill.
• Regulatory and Statutory Management Skill