Job Openings at Pecantrust Microfinance Bank Limited

Job Description

• The Control Officer's key function is monitoring and measuring operational efficiency of the organization by detecting and eliminating fraud and ensuring compliance with the bank's regulations, policies and procedures.

Responsibilities

• Daily update and auditing of the ajo collection officers daily.
• Carry out strategic and impromptu checks on ajo customers to verify documented information reported by ajo collection officers.
• Carry out detailed investigations when discrepancy, cash suppression or fraud is noticed.
• Internal control checks and records to safeguard company assets.
• Make recommendations regarding facilities, equipment, personnel, procedures and systems to improve operational efficiency.
• Ensure compliance with the bankТs policy, procedure and regulations.
• Identify areas of financial and administrative strengths and weaknesses and develop best practices.
• Develop and implement appropriate operating procedures to ensure compliance with bank and industry policies.
• Conduct audit testing of potential risk areas and identify re portable issues.
• Monitor and provide advice to management to minimize risk resulting from poor controls.
• Daily, weekly and monthly report.

Education and Skills

• BSc in Economic, Finance or other related subject
• 3-4 years of experience in a similar role in a micro-finance bank.

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Job Description

• Plan, assess, monitor, and manage the efficient utilization of cash and financial resources in a manner consistent with the agreed procedures and objectives of the bank.
• Review and consolidate Bank Reconciliation and Fund Management analysis
• Prepare and analyse Cash flow
• Review and consolidate Multi-level GL and bank reconciliations
• Ensure the maintenance of an adequate level of working capital
• Review and consolidate weekly cash flow & liquidity report and provide advice to management on the variances
• Carrying out reconciliation of Balance Sheet items such as cash, cash equivalents, investments, debt, for management and reporting purposes
• Review other Treasury related monthly Schedules
• Financial review of customer accounts, loan computation and other finance information
• Processing and preparation of pension, payee and other regulatory and compliance monthly renditions
• Analyse and present financial trends, competitor behaviour as they impact on the bank
• Work with legal counsel to ensure compliance on regulatory matters
• Develops and monitors performance metrics for the investor relations function
• Creates presentations, press releases, and other communication materials for earnings releases, industry events, and presentations to analysts, brokers, and investors
• Liaison and communication with the regulatory bodies such as the CBN, NDIC, FIRS, LIRS etc
• Assess and predict financial risks and returns
• Ability to use financial modelling to predict outcomes
• Analyze business operations, loan repayments, deposit maturities, business trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or & to provide advice.

Educational Requirement and Skills

• A Bachelor's degree in Business, Finance, or Accounting, ACA, ICAN and MBA.
• Very familiar with financial modelling techniques and valuation methods used by analysts and investors
• Must be able to perform in a high-pressure environment, and be able to meet tight deadlines
• High analytical and excel skill
• Proven experience as an accountant in a Micro finance or other financial services industry will be an added advantage.