Head of Finance and Accounting at a Microfinance Bank - Fadac Resources and Services Limited

Fadac Resources and Services Limited - Our client,  a private sector led Tier 1 Microfinance Bank that provides a versatile range of financial services to low-income groups, micro, small and medium enterprises, self-employed with entrepreneurial skills.

They are recruiting to fill the position below:

Job Title: Head of Finance and Accounting

Location: Lagos
Employment Type: Full-time

Job Summary

• As the Head of Finance and Accounts in the microfinance banking sector, you will lead and oversee all financial operations, accounting functions, and regulatory compliance within the organization.
• Your role will be pivotal in ensuring the sound financial management of the institution and adherence to industry standards.

Responsibilities

• Develop and execute financial strategies aligned with the institution's goals and regulatory requirements.
• Provide guidance on budgeting, forecasting, and financial planning to support sustainable growth.
• Oversee the preparation of accurate financial statements, ensuring compliance with regulatory standards and accounting principles.
• Lead the financial reporting process, providing insights to aid decision-making at the executive level.
• Implement robust internal controls to manage financial risks effectively.
• Ensure compliance with regulatory bodies, policies, and standards governing microfinance banking operations.
• Manage and mentor the finance and accounting team, fostering a culture of excellence and continuous development.
• Coordinate cross-functional collaboration with other departments to achieve financial goals.
• Supervise treasury operations, optimizing liquidity, and managing cash flow effectively.
• Monitor investment activities and financial instruments to maximize returns while mitigating risks.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field; ICAN (Institute of Chartered Accountants of Nigeria) and MCIB (Microfinance Certified Banker) qualifications are mandatory.
• Proven experience in a senior finance role within the microfinance banking sector, demonstrating a strong understanding of industry practices and regulations.
• Proficiency in using Bank One software or similar banking software for financial operations.
• Sound knowledge of financial planning, analysis, and reporting.
• Excellent leadership and communication skills with the ability to drive financial initiatives and influence stakeholders.

Application Closing Date
10th September, 2024.