Citibank Nigeria Limited (CNL) was incorporated in Nigeria on May 2, 1984 and the oldest international bank in the country. It provides a wide range of financial products and services to corporate and commercial customers, financial institutions and public sector organizations. It offers deposit and loan products, global transaction services, cash management, sales and trading, corporate finance and investment banking products.
The company was formerly known as Nigeria International Bank Ltd and changed its name to Citibank Nigeria in 2008. Today it employs about 300 people and operates 12 branches in Lagos, Abuja, Port Harcourt, Warri, Kano, Bonny, Aba, Lanlate and Ososa. As at December 31, 2016, it had over NGN 600 billion in total assets. Citibank Nigeria is owned by Citibank Overseas Investment Corporation, a subsidiary of Citibank N.A. (USA).
We are recruiting to fill the position below:
Job Title: Nigeria CFO and Country Controller (General Manager)
Accountable for management of complex/critical/large professional disciplinary areas.
Key Responsibilities
Accountable for all local financial and regulatory reporting within the country.
Supporting all US financial and regulatory reporting.
Contributes to the integrity and control of company’s financial books and records as well as the process by which these records are generated
Ensures a strong control framework which supports financial and regulatory reporting and a robust MCA process aligned to Regional guidelines.
Contribute to continuous strengthening of the independent controls and the control environment throughout the country to support the business in efforts to grow responsibly
Providing active support to the franchise CCO in the areas of strategy, cost control, reengineering, Balance Sheet structure as well as capital management
Permanent member of key groups and committees such as: Management Committee, ALCO, Business Risk & Control Committee, Regulatory Reporting Governance committee amongst others
Leading coordination efforts for the construction, consolidation, and subsequent following of the franchise’s various strategic and financial planning exercises
Providing active support and participation with respect to interaction with regulators and tax authorities
Responsible for the external statutory audit process
Ensure that all Internal/external audits are proactively managed, (preparation, planning, fieldwork and actions)
Ensures that the local legal entities are in full compliance with the Legal Entity Standards Policy and determine proper Finance oversight
Full management responsibility of a team of professionals, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.
Proactively manage the Citi Shared Services partners, working closely with Budapest Regulatory teams (Reg CSC) and the Finance and Risk Operations (FRO) to ensure timely accurate reporting process
Determines approach to implementing functional strategy. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of Cluster Controllers
Participate in Regional/Cluster Finance initiatives and rollouts
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy.
Applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Development Value:
Developing a detailed understanding of Citi Franchise in the Emerging Markets from both a financial and business perspective
Developing the skills to provide the organisation with the ability to allocate resources and execute plans
Play key role to enhance controls and safety & soundness of franchise, and process improvement (digitalization and innovation) in the context of the market and competitive and regulatory environment
Develop local and remote people management, negotiation and influencing skills
Significant interaction with EM Cluster Finance and the Business teams; will enhance network and personal effectiveness
Provides interaction opportunities with senior C Level Leadership at regional and global level.
Qualifications
Strong financial accounting background
With minimum post qualification experience of 15 years of which 12 years ideally be within the banking sector with 3 years as 2 years. as DGM/VP with experience in at least 3 three (3) major areas of banking operations
Chartered Accountant or equivalent
Knowledge / Experience:
Extensive experience managing Finance function in functional or regional areas
Internally and externally recognized Finance subject matter expert who influences the way things are done, not only internally, but beyond the business itself.
Skills:
Required to think beyond the existing solutions, assumptions or current knowledge of sophisticated areas that ultimately affect the business
Requires thorough understanding of strategic direction of the function within the business, combined with a solid conceptual/practical grounding in both the function and/ or area of expertise
Excellent communication skills required in order to influence a wide range of audiences
Highly developed problem analysis and solution skills
Proven Relationship Manager, the ability to build and foster long-standing relationships amongst the senior leadership team, creating synergies and influencing change
Adaptable, the ability to work in an environment where priorities are frequently changing
Track record of success in delivering high quality work in a fast paced and dynamic environment
Competencies:
Excellent interpersonal skills
Ambitious and willing to learn
Be a team player
Positive and pro-active attitude
Strong negotiation skills
Valuing Diversity, demonstrates an appreciation of a diverse workforce and the ability to identify cultural nuances
Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.