Head of Finance and Account at Crossover Microfinance Bank

• Ensures payment of bank’s staff salary is done in a timely and accurate manner.
• Manages the accounts payables and accounts receivables in order to ensure complete and accurate records of all transactions
• Develops and manages the execution of budget for all administrative departments, reviews operating costs and suggests cost-saving measures.
• Updates and maintains accounting journals, ledgers and other financial records.
• Ensure accurate and timely preparation of all financial reports/information such as: Monthly CBN/ NDIC Returns, Monthly, Quarterly and Yearly Management Accounts, Branch and Regional Monthly Profitability Performance Report.
• Ensures an accurate and timely monthly, quarterly and year-end closure of the bank’s financial records.
• Ensures the accurate and timely processing of all transactions.
• Ensures the monthly and quarterly compliance activities are performed in a timely and accurate manner; i.e. Tax and other regulatory compliance activities.
• Co-ordinates the annual independent audit of the bank’s accounts, including; preparing financial statements.
• Manages the valuation of the bank’s assets and inventory; i.e. Motor Vehicles, Equipment and other consumables.
• Supervise finance officers on finance related tasks e.g. Fixed asset register & monthly amortization and depreciation of assets etc.
• Forecast cash flow positions, related borrowing needs, and funds available for customers.
• Advise management on the liquidity aspects of its short- and long-range planning
• Ensure that sufficient funds are available to meet on-going operational and capital investment requirements
• Maintain a system of policies and procedures that impose an adequate level of control over treasury activities
• Maintain the integrity of GL
• Maintain banking relationships
• Management of expenditure
• Perform other duties and responsibilities as may be required by the Managing Director.

Requirements

• Candidates should possess an HND / B.Sc / Master's Degree in relevant fields with 3 - 5 years relevant work experience.