Head, Financial Control at a Leading Microfinance Bank - George Houston Resources Limited

George Houston Resources Limited - Our client, a leading Microfinance Bank located in Lagos Island, Lagos, is currently seeking to recruit a well experienced and suitable candidate to fill the position below:

Job Title: Head, Financial Control

Location: Lagos Island, Lagos
Employment Type: Full-time
Industry: Microfinance

Job Description

• Contribute to the development of business strategy and ensure that all financial policies, procedures, and systems are sound
• Provide financial direction, planning, and accounting, covering short and long-term financial goals
• Manage treasury and investment to ensure optimal liquidity and negotiate/arrange external finance when required
• Monitor banking activities and ensure regular reconciliations of all banking transactions
• Develop strategies, budgets, forecasts, and data to guide management decisions by forecasting, analyzing variances, and initiating corrective actions
• Monitor financial performance by measuring and analyzing results; initiating corrective actions and minimizing the impact of variances
• Ensure the integrity of financial management and accounting systems
• 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.
• Ensure adequate insurance cover on all operational activities
• Ensure adequate controls are installed and maintained to cover all financial transactions, including safeguarding financial assets.
• Perform performance management functions towards the achievement of budget
• Oversee any outsourced accounting functions
• Ensure that financial reports comply with the International Financial reporting standard (IFRS) and constantly keeping 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

Qualifications / Requirements

• B.Sc in Accounting, Banking and Finance, Economics or any other related courses from a recognized institute.
• 5 - 10 years of experience in a similar role at a financial institution
• MICPS will be an added advantage
• Must be Chartered (ICAN)
• 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
• Evidence of completion of Microfinance Certification program
• Strong presentation and financial modeling skills
• Strong budget and management skills, including project management skills
• Ability to handle tight timelines, multiple priorities, in a fast-paced environment
• Degree of professionalism, maturity, and confidentiality
• Excellent communication skills
• Strong analytical and problem-solving skills
• Strong Leadership, interpersonal, and people management skills
• Strong negotiation skills
• Gender: Male
• Age: 30-40 years.

Remuneration
Very attractive.

Application Closing Date
15th June, 2022.