Head, Financial Control at Personal Trust Microfinance Bank

Job Summary

The Head, Financial Control will oversee the bank’s financial strategy, financial management and control, treasury management, and tax for the achievement of strategic goals. 

Job responsibilities

• Contribute to the development of business strategy and ensure that all financial policies, procedures, and systems are sound
• Provide financial direction, planning, and accounting, covering short and long-term financial goals
• Manage treasury and investment to ensure optimal liquidity and negotiate/arrange external finance when required
• Monitor banking activities and ensure regular reconciliations of all banking transactions
• Develop strategies, budgets, forecasts, and data to guide management decisions by forecasting, analyzing variances, and initiating corrective actions
• Monitor financial performance by measuring and analyzing results; initiating corrective actions and minimizing the impact of variances
• Ensure the integrity of financial management and accounting systems
• Oversee the activities of external auditors, CBN, and NDIC examiners and ensure 100% compliance with set guidelines
• Manage relationships with regulatory and statutory bodies, i.e. LIRS, FIRS, etc.
• Ensure adequate insurance cover on all operational activities
• Ensure adequate controls are installed and maintained to cover all financial transactions, including safeguarding financial assets.
• Perform performance management functions towards the achievement of budget
• Oversee any outsourced accounting functions
• Ensure that financial reports comply with the International Financial reporting standard (IFRS) and constantly keeping abreast of developments in the space
• Authorize expenditure/ transactions in line with the bank’s approval limits
• Flexibility to carry out any other task as requested by Management

Job requirement

• Evidence of completion/ exemption of/from NYSC
• Minimum of five (5) years’ experience in a similar role at a financial institution
• Knowledge of Financial management systems, accounting policies, and standards, tax management cost accounting, etc.
• Treasury and investment management experience
• Knowledge of the Microfinance banking framework

Qualification and skill

• HND/BSc/ in Accounting, Economics, or a related field
• Evidence of completion of Microfinance Certification program
• Proficient working knowledge of Microsoft Office
• Strong presentation and financial modeling skills
• Strong budget and management skills, including project management skills
• Ability to handle tight timelines, multiple priorities, in a fast-paced environment
•  degree of professionalism, maturity, and confidentiality
• Excellent communication skills
• Strong analytical and problem-solving skills
• Strong Leadership, interpersonal, and people management skills
• Strong negotiation skills