Prosperity Microfinance Bank Nigeria Limited (PM Bank) is a Microfinance Bank incorporated in Nigeria with the Corporate Affairs Commission under the provisions of the Companies and Allied Matters Act CAP C20 LFN 2004, licensed to carry on the business of microfinance banking by the Central Bank of Nigeria. It is committed to the economic emancipation and empowerment of the economically active poor and low-income segment of the society. The bank has over the years supported numerous customers through the provision of Micro, Small and Medium Enterprises credit facilities. Our products and services are unique and specifically designed to meet our Customers cutting across micro savings, micro loans, micro insurance, investments, capacity building and financial advisory services.
We are recruiting to fill the position below:
Job Title: Head, Accounts
Location: Benin City, Edo
Employment Type: Full-time
Job Description
Manage and oversee the daily operations of the accounting department including:
Month and end-year process
Accounts payable/receivable
Cash receipts
General ledger
Payroll and utilities
Treasury, budgeting
Cash forecasting
Revenue and expenditure variance analysis
Capital assets reconciliations
Cheque processing
Fixed asset activity
Debt activity
Monitor and analyze accounting data and produce financial reports or statements
Establish and enforce proper accounting methods, policies, and principles
Coordinate and complete annual audits
Provide recommendations
Improve systems and procedures and initiate corrective actions
Assign projects and direct staff to ensure compliance and accuracy
Meet financial accounting objectives
Establish and maintain fiscal files and records to document transactions
Collate and consolidate trial balance and financial reports
Prepare comprehensive, proactive and timely financial and management information including tax, cash flow and statutory accounts
Publish the quarterly CBN returns
Drive the financial efficiency of the bank
Develop and own key financial processes including budgeting, internal control, financial accounting and reconciliation
Ensure the full and prompt implementation of internal and external audit recommendations
Liaise with the CBN and other regulatory agencies
Responsible for bank account reconciliations
Maintain fixed asset register and ensure the documentation of capital expenditure to meet tax and other regulatory requirements
Liaise with the internal and external auditors.
Education and Experience
B.Sc. Degree in Accounting or its equivalent
Qualified member of the Institute of Chartered Accountants (ICAN) - ACA
Additional qualifications in a business-related field will be an advantage
Proven work experience as Accounting Manager, Accounting Supervisor or Finance Manager
Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations.
Computer skills - MS Office, Excel, Accounting Software, etc.
High attention to detail and accuracy
Ability to direct and supervise staff
A minimum of 8 years post-graduation experience while 5 years must be in the financial service industry
Evidence that the candidate possesses proven skills and competencies in practical microfinance banking and has undergone the Microfinance Certification programme and obtained a Certificate in Microfinance banking issued by the Chartered Institute of Bankers of Nigeria (CIBN).
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.