Personal Trust Microfinance Bank Limited

Head, Financial Control

Accounting, Auditing & Finance

Nigeria - Lagos Full Time | |


Job Summary

The Head of Financial Control will support the Managing Director in developing and overseeing the execution of 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.

  • Minimum Qualification:Degree
  • Experience Level:Senior level
  • Experience Length:5 years



Job Description/Requirements

Responsibilities:

  • Contributes to the formation of the business strategy and ensures 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 ensures 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 employees and teams (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 keep 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


Requirements:

  • HND/BSc/ in Accounting, Economics, or a related field
  • Evidence of completion/ exemption of/from NYSC
  • Professional qualifications such as ICAN, ACA, ACCA
  • Minimum of five (5) years experience in a similar role at a financial institution
  • Evidence of completion of Microfinance Certification program
  • Knowledge of Financial management systems, accounting policies, and standards, tax management, cost accounting, etc.
  • Treasury and investment management experience
  • Knowledge of the Microfinance banking framework


Skills:

  • Strong working knowledge of Excel
  • Strong presentation and financial modeling skills
  • High attention to detail.
  • Strong budget and management skills, including proven ability to manage projects/processes.
  • 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.
  • A 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 professionals, guiding and coordinating towards achieving common objectives.
  • Conflict resolution and/or mediation skills
  • Influencing and Negotiation skills
  • Strong leadership and excellent interpersonal skills.


Remuneration: is open to negotiation based on experience and qualifications.


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