Job Roles at Wetland Microfinance Bank

Role Description

• This is a full-time, on-site Chief Financial Officer (CFO) role based in Warri, Delta State . The CFO will lead the bank’s financial strategy, ensure optimal financial planning, and oversee the preparation and analysis of financial statements and reports. Responsibilities include budgeting, financial forecasting, and ensuring compliance with regulatory requirements. The CFO will collaborate with senior management to provide analytical insights and support data-driven business decisions. Additionally, the CFO will establish and supervise frameworks to enhance the bank’s financial sustainability and growth.

Qualifications

• Proficiency in Financial Planning, Budgeting, and Long-term Financial Strategy
• Extensive experience with the preparation, analysis, and auditing of Financial Statements
• Strong knowledge in Finance, including cash flow management, investment strategies, and funding
• Well-developed Analytical Skills for financial forecasting, risk assessment, and data interpretation
• Proven expertise in Financial Reporting and compliance with varying regulatory frameworks
• Exceptional leadership and team development capabilities
• Bachelor’s degree in Finance, Accounting, Economics, or a related field (CPA or MBA is a plus)
• Prior experience in the banking or financial services sector is highly advantageous

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Job description

Internal Audit Planning:

• Develop and implement comprehensive internal audit plans based on organizational goals and risk assessment.
• Collaborate with management to identify areas for audit coverage.

Risk Assessment and Mitigation:

• Evaluate and assess internal controls to identify potential risks.
• Develop strategies for mitigating identified risks and improving control processes.

Audit Execution:

• Conduct internal audits in accordance with established audit plans and timelines.
• Perform detailed testing of financial and operational processes to ensure compliance with policies and regulations.

Documentation and Reporting:

• Prepare clear and concise audit documentation.
• Communicate audit findings and recommendations to management in comprehensive audit reports.

Compliance Monitoring:

• Monitor and ensure compliance with internal policies, procedures, and external regulations.
• Stay updated on changes in regulations affecting the industry.

Process Improvement:

• Provide recommendations for improving the efficiency and effectiveness of internal controls.
• Collaborate with relevant departments to implement recommended changes.

Fraud Detection:

• Conduct investigations to identify and prevent fraud, waste, and abuse.
• Implement measures to strengthen fraud detection and prevention.

Qualifications:

• Bachelor's or HND degree in Accounting, Finance, or related field;
• Proven experience as an internal auditor or in a similar role is a plus.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Familiarity with industry regulations and compliance standards.
• Ability to work independently and collaboratively as part of a team.