Chief Finance Officer (CFO) at GTI Microfinance Bank

GTI Microfinance Limited was incorporated in August 2007 as a limited liability company and started its operations in 2008 at No. 127 Obafemi Awolowo Road, Ikeja. In October 2013, it was licensed as a State Wide Microfinance Bank and moved its Head Office to No. 4 Tinubu Street, Central Business District, Marina Lagos. Other branches are located at Mushin, Abattoir in Agege, Surulere and Arena.

We are recruiting to fill the position below:

Job Title: Chief Finance Officer (CFO)

Location: Marina, Lagos
Employment Type: Full-time

Job Responsibilities

• Responsible for managing all matters pertaining to Finance
• Financial Planning, MIS, Budgeting and Cash Flow Projections
• Responsible for ensuring integrity, accuracy and completeness of financial data
• Supervising filing of statutory returns to regulatory authorities
• Providing leadership, direction and management of the finance and accounting team
• Providing strategic recommendations to the CEO and members of the executive management team
• Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting
• Advising on long-term business and financial planning
• Establishing and developing relations with senior management. external partners, stakeholders and regulatory agencies
• Reviewing all formal finance, HR and IT-related procedures
• Drive the company’s financial planning
• Perform risk management by analyzing the organization’s liabilities and investments
• Decide on investment strategies by considering cash and liquidity risks
• Control and evaluate the organization’s fundraising plans and capital structure
• Ensure cash flow is appropriate for the organization’s operations
• Supervise all finance personnel (Controllers, Treasurers etc.)
• Manage vendor relationships
• Prepare reliable current and forecasting reports
• Set up and oversee the company’s finance IT system
• Ensure compliance with the law and company’s policies
• Manage team of financial controllers and financial analysts
• Ensure that all income and income heads are well captured
• Effective tax management
• Build capacity of department staff through quality trainings
• Any other job as may be assigned by the Executive Management of the bank and the Board of Directors.

Job Requirments

• Candidates should possess a Bachelor's Degree in Accounting with 7 - 15 years relevant work experience.
• Qualified Accountant
• Experience in working within a financial management role including the review and/or production of monthly management accounts and VAT returns
• Experience in managing a team
• Experience in producing and /or reviewing statutory financial statements
• Excellent IT skills including advanced Microsoft Excel skills
• A proven track record of communicating complex financial issues and models in a clear-cut, concise manner to all relevant stakeholders
• Proven analytical and modelling skills, and must be both commercially astute and a confident communicator
• A good understanding and experience in the financial compliance issues in the banking sector
• Proven ability to review and challenge assumptions within detailed financial forecasts.

Application Closing Date
31st October, 2023.