Head, Finance at Jubilee Life Mortgage Bank

JOB SUMMARY:

Responsible for overseeing the finance activities and preparing financial statements and reports for the Bank in order to determine its financial performance.

Principal Duties and Responsibilities:

• Oversee the preparation of the Bank’s management and financial statements (daily, weekly, monthly, bi-annually, annually etc.) to ensure accuracy and completeness.
• Responsible for maintaining the Bank’s general ledgers, revenue recognition, account payable & receivables and all taxation processes.
• Controlling budgets and expenditures by researching to its impact on business performance.
• Proper monitoring, recording, and safeguarding of the Bank’s assets and formulating policies that will have positive impact on business performance.
• Ascertaining that all accounting endeavours comply with appropriate financial laws and regulations.
• Oversee budget planning, preparation, implementation, and monitoring process in the Bank. 
• Frequent preparation, analysis, interpretation, and monitoring of cash flow of the Bank. 
• Provide advice to Management on appropriate cost control measures for cost optimalization purposes.
• Ensure proper handling of all regulatory issues in order to protect the interest of the Bank. 
• Management of all the financial records of the bank by ensuring proper record keeping. 
• Ensure efficient relationship management between Bank and other regulatory bodies and institutions. 
• Ensure that all financial returns to (NDIC, FIRS, CBN etc.) are filed as at when due to avoid any form of sanctions or financial losses for the Bank. 
• Providing back-office services such as account payable, collections and payroll management.
•  Providing insightful reporting and commercial analysis to support management decision making.
• Coordinating all statutory and regulatory examinations of the Bank

Qualification:

• Minimum of B.Sc. (second class upper) / HND (upper) credit in business administration, accounting, economics, banking & finance, or related fields (Advanced degree / certification is strongly preferred).
• Must be a qualified chartered accountant with over 10 years cognitive relevant work experience, preferably with background from the financial service sector. 

Competency:

• Must have practical knowledge of banking principles and operations with strong analytical skills.
• Must possess sound hands-on knowledge of IFRS and its impact on business environment.
• Effective decision making and complex problem-solving skills.
• Must possess business mindset that focuses on profitability.
• Excellent communication, interpersonal, analytical and presentation skills.
• Strong leadership skills with focus on developing people.

Skills:

• Computer Appreciation Skills (Ability to work with word processing, Spread sheet applications).
• Technical Report Writing Skills.
• Budgeting and Budget Implementation.
• Financial Statements and Budget Documentation.
• Cost Control and Management.
• Performance Management.
• Basic Taxation Skill.
• Regulatory and Statutory Management Skill.

Candidate Abilities & Personality Profile

• Attention to detail.
• Interpersonal skills.
• Decision quality & problem solving.
• Developing others.
• Directing others.
• Discretion & confidentiality.
• Managing & measuring work.
• Managing relationships.
• Business acumen.
• Time management.
• Problem solving Skills.
• Effective team building