Finance and Accounting Manager at Fadac Resources

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.
• Guide 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.
• 5 years 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.