Head, Finance, Administration & MIS at Memento Microfinance Bank Limited

Location: Yaba, Lagos
Reports To: The Chief Executive Officer

Job Summary

• The Head of Finance, Administration & MIS (Management Information Systems) has primary responsibility for the planning, implementation, managing and running of all the finance activities of the company, including business planning, budgeting, forecasting and negotiations.
• The role oversees the Accounting, Information Technology (IT) and Administrative functions, and leads all financial management processes including annual budgeting and planning, monitoring of project expenditure, financial reporting and auditing; maintaining and supervising project accounts, books of account, banking and financial operations.
• The candidate should be a responsible leader with an analytical and strategic mind and have a broad knowledge of the business. The person is also directly responsible for overseeing the use and maintenance of the Management Information Systems of the bank.
• The ideal candidate for this role will have clearly demonstrated strong leadership skills, results orientation and be able to interpret the corporate vision into growth strategies and profitable operations.

Responsibilities

• Lead, oversee and manage all areas of the finance, accounting and treasury departments day-to-day operations to ensure KPIs are achieved; build comprehensive and SMART goals for performance and growth.
• Providing strategic recommendations to the CEO and members of the executive team.
• Work with the IT team to develop and implement new processes and Management Information Systems that increase financial and operational efficiencies.
• Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting.
• Advising on long-term business and financial planning.
• Keeping proper accounting records and preparing relevant returns relating to the MFB activities.
• Liaising with the MFB’s bankers and ensuring that all bank accounts are properly and regularly reconciled.
• Preparing periodic reports to the CBN.
• Build relationships with professionals such as Solicitors, Accountants and others whose services would be required from time to time.
• Establishing and developing relations with senior management and external partners and stakeholders.
• Develop, implement and conduct regular reviews of all Finance Admin and MIS related procedures.
• Enable a thriving work environment, building and leading a highly motivated and high-performance team.
• Design and implement policies, processes and standards that align with overall strategy and targeted culture of the organization.
• Ensure organizational quality through review, update, implementation and adherence to agreed policies, procedures and manuals.
• Ensure timely preparations of annual budget, quarterly budget review, forecasts and business plans.
• Report on operational performance and suggest improvements.
• Oversee and manage the assets of the organization.
• Provide strategic input and direction for the development of performance targets, including continuous monitoring to ensure achievement of set targets.
• Facilitate and present periodic business performance reviews reports to the Board.
• Manage and maintain relationships with the CBN, other regulatory agencies and strategic stakeholders.
• Evaluate and decide upon key investments in equipment, infrastructure, and talent.
• Any other duties and responsibilities which may be required from time to meet the objectives of MMFB.

Qualifications, Skills and Competencies

• A Degree in Sciences / Engineering, Business Administration, Finance, or any other related field.
• Minimum of 5 years senior management experience within the financial services industry
• MSc/MBA or relevant certification (e.g. CFA/CPA) is a plus
• Relevant professional qualifications, e.g. ACA, ACCA, CIMA
• Must have undergone the Microfinance Certification Programme and obtained a Certificate in Microfinance Banking issued by the Chartered Institute of Bankers of Nigeria (CIBN).
• Experience implementing and/or using a Management Information System within the financial services industry.
• Operates effectively at all levels, especially complex financial data to non-finance staff
• Proven experience of working effectively with non-finance staff and contributing to wider organizational aims outside of the traditional finance remit
• Excellent problem-solving skills; analytical and structured in his/her thinking 
• Knowledge of data analytics, reporting and financial planning
• Communication skills – verbal, non-verbal and written
• Self-starter and very organized, with strong attention to detail 
• Extremely versatile, dedicated to efficient productivity and able to work efficiently and effectively across multiple teams
• A thorough understanding of microfinance performance metrics/indicators and the ability to interpret and process operations data.