Chief Financial Officer at a Microfinance Bank - Catilas Resources Limited

Catilas Resources Limited - Our client, a Microfinance Bank situated in Ojodu, Lagos state, is recruiting suoitable candidates to fill the position below:

Job Title: Chief Financial Officer

Location: Ojodu, Lagos
Employment Type: Full Time

Description

• Our client is recruiting a Chief Financial Officer with proven experience in finance modeling, capital raising and negotiation.
• The ideal candidate will be responsible for planning and executing the organization’s financial strategy as well as institute strong risk management throughout the organization.
• Successful candidates will be involved in long-term business planning, data analysis, budget control, revenue assurance, stress testing, and reporting on financial performance and Key Performance Indicators (KPIs).
• Financial Planning and Strategy, Managing Profitability, Strategic Planning and forecasting, Corporate Finance, Developing Budgets, managing relationships with banks and negotiations, fundraising, and dealing with internal and external stakeholders.

Key Responsibilities

• Responsible for the integrity of the General ledger
• Implementing procedures according to Corporate policies and procedures
• Full responsibility for the production of monthly management accounts
• Review and approve all reconciliation and schedules such as bank statements, schedule of accrued charges, prepayments etc.
• Ensuring profitable margins on products are achieved and maintained.
• Demonstrating cost-cutting initiatives aiming at providing best solution at lower cost
• Developing and implementing effective controls framework and management systems to guide and support business operations
• Liaising with both external and internal auditors
• Planning and managing the material ordering process and ensure constant availability.
• Ensuring monthly general ledger entries CAPEX and OPEX accruals and provisions are raised.
• Preparing Monthly Management accounts for both internal and regulatory usage.
• Develop analytical tools to evaluate business proposals and identify the best decisions.
• Involvement in day-to-day management team management
• Statutory reporting and year-end duties.
• Consolidation and reporting to senior management
• Preparation of monthly budgetary control and performance.
• Preparation of the overall annual budget of the bank, including the assumptions and the ratios.
• Treasury management and monitoring.
• Producing multi-dimensional reports for Management decision
• Ensuring that all costs are properly tracked and that OPEX and CAPEX are within budget.

Requirements

• Minimum of B.Sc in Accounting / Finance / Economics
• Minimum of 5 Years relevant professional experience in a similar role.
• Financial services experience is compulsory
• Excellent working knowledge of MS Excel & Word;
• Good knowledge of IFRS and Management Accounting
• Good knowledge of CBN regulatory reporting
• Masters degree will be an added advantage.
• Qualified Accountant (ACCA, ICAN).

Salary
Competitive.

Application Closing Date
Not Specified.