Head of FINCON at ProjectSALT Nigeria

Posted on Wed 14th Feb, 2024 - www.hotnigerianjobs.com --- (0 comments)

ProjectSALT Nigeria, a Human Resources and Manpower Development Company, is recruiting suitably qualified candidates to fill the position below:

Job Title: Head of FINCON

Location: Lagos
Employment Type: Full-time

Job Duties / Responsibilities / Accountabilities

  • Responsible for checking of account opening forms to make sure that all accounts opening documentations requirements (as contained in account opening package) are in place for all type of account.
  • Responsible for authorizing of all accounts opened on the system.
  • Ensure checking of all correspondent banks for new customers’ deposits/loan repayment and posting of such deposits into customers account after a proper documentary evidence of such deposits.
  • Responsible for the preparation of cash/bank balances on daily basis.
  • Ensure proper analysis of cash utilization on daily basis.
  • Responsible for the authorizing all transactions (both cash and non-cash) within limit.
  • Ensure confirmation of third party cheque in line with customer mandate.
  • Responsible for daily vault balancing and ensuring compliance with insurance vault limit.
  • Responsible for checking and signing of all the tellers till books after confirming the physical cash, ledger balance and the vouchers.
  • Ensure all withdrawals are authorized before payments are effected.
  • Ensure authorization of all branches transaction on daily basis via the system.
  • Responsible for coordinating of all the operational activities on daily basis.
  • Ensure preparation of relevant schedules on regular basis.
  • Reconciliation of transfer done
  • Submission of Report to NFIU.

Key Performance Indicators/ Performance Goals

  • Speedy and diligent authorization of accounts opened.
  • Regular report of cash utilization on daily basis.
  • Regular funding of all payment platforms for fund transfer
  • Regular approval of transactions posted
  • 20% contribution of other income to revenue growth.

Requirements

  • Candidates should possess relevant qualifications with 6 - 8 years relevant work experience.

Salary
N500,000 - N550,000 Monthly.

Application Closing Date
Not Specified.

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