Financial Reporting Officer at Ecobank Nigeria

Key Responsibilities:

Financial Reporting:

• Prepare, review, and finalize the organization’s financial statements, including the balance sheet, income statement, cash flow statement, and statement of changes in equity.
• Ensure compliance with accounting principles, financial reporting standards (such as IFRS)and regulatory requirements.
• Preparation of reports required for interim and annual audit exercise.
• Work closely with other departments to gather financial data for the preparation of the financial statement

Analysis and Reconciliation:

• Conduct variance analysis between actual results and budgeted/forecasted financials.
• Review financial data for accuracy and resolve discrepancies by investigating and reconciling accounts.
• Perform balance sheet reconciliations to ensure accuracy and completeness.

Regulatory Reporting:

• Generating and Provision of Daily reports such as Liquidity ratio, Loan deposit ratio (LDR) and Cash reserve requirement (CRR).
• Providing the Monthly Fina (detailed analysis of Bank’s Balance Sheet and Profit or Loss Account) report and ensuring prompt submission to CBN.
• Generating and reporting promptly the Daily Fina (Detailed analysis of Bank’s Statement of Financial Position) to CBN Maintain and update financial policies and procedures to ensure consistency and compliance.

Internal and External Reporting:

• Prepare reports for senior management, investors, and regulatory bodies (e.g., government agencies, stock exchanges, or financial institutions).
• Provide detailed financial reports and analysis to senior leadership to support strategic decision-making.
• Respond to requests from internal stakeholders, auditors, and external parties for financial data and reports.