Financial Manager at Mkobo Microfinance Bank Limited (Mkobobank)

Key Responsibilities

• Full responsibility for the production of monthly management accounts
• Review and approve all reconciliation and schedules such as bank statements, schedule of accrued charges, prepayments etc.
• Statutory reporting and year end duties
• Consolidation and reporting to senior management
• Preparation of monthly budgetary control and performance.
• Preparation of overall annual budget of the bank, including the assumptions and the ratios.
• Treasury management and monitoring
• Raising invoices and ensuring invoices are paid promptly and on time.
• Preparation of 5 years financial plan / forecast.
• Assist in the preparation and review of all monthly and quarterly reports for Board, Shareholders, Regulatory bodies etc.
• Follow up on budget implementations and limits as it relates to each department. Investigates variances between budget and actual.
• Perform financial control functions.
• Develop and manage liquidity management tools
• Preparation of monthly management accounts and other financial accounts
• Assist Senior Managers in financial management and reporting activities.
• Manage account payables and receivables activities.
• Conduct finance audit periodically and recommend improvements.
• Develop financial policies and procedures for operational efficiency.
• Develop and maintain financial statements for future reference.
• Monitor and manage expenses within the established budget.
• Implement a structured and robust accounting department
• Work with External Auditors for the yearly audit of the accounts

Qualifications

• Minimum of B.Sc./HND in Accounting/Finance/Economics
• Qualified Accountant (ACCA, ICAN)
• Must have 8 Years professional experience.
• Excellent working knowledge of MS Excel & Word;
• Good knowledge of IFRS and Management Accounting
• Good knowledge of CBN regulatory reporting
• Attention to detail and analytical skills
• Excellent communication and organization skills
• Strong Stakeholder Management and team player.
• Self Starter and ability to work independently
• Ideally good knowledge of popular core banking products