Business Manager at a Microfinance Institution - Bloomsford Associates Consultant

Bloomsford Associates Consultant - Our client, a Microfinance Institution, is currently recruiting suitable candidates to fill the position below:

Job Title: Business Manager

Location: Lagos
Employment Type: Full-time
Report to: Managing Director

Key Responsibilities and Tasks

• Plan, strategize and execute financial growth
• Monitoring cash flow and using the same to predict future financial trends.
• Supervision ofstaffs and assign resposibilities
• Ensure timely loans recovery
• Analyzing change and advising the Management on what needs to be done’for branch growth
• Formulating strategies to be used in the long-term financial plans for a business entity
• Researching the different factors that influence business performances
• Analyzing the performance of competitors and the trends in the financial market
• The Account Officer role is responsible for ensuring the financial transactions are accurately recorded and management information is available within established timeframes.
• The role will also be part of planning the preparation of the budget and latest estimates in order to meet deadlines.
• Studies long-range economic trends and projects their impact on future growth in sales and market share.
• Identifies opportunities for expansion into new product areas.
• Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
• Any other duties as assigned.

Requirements

• Bachelor's Degree or its equivalent
• 5-8 years of experience in banking, Microfinace bank preferably
• Ability to synthesize large quantities of complex data into actionable information
• Ability to work and effectively communicate with senior-level business partners
• Excellent business judgment, analytical, and decision-making skills
• Knowledge of loan Management
• Strong demonstrated use of Excel, Word, and PowerPoint and accounting package
• Strong budget development and oversight skills.

Application Closing Date
19th November, 2022.