Job Description
The Finance Manager, who will primarily be responsible for the finance activities of the Asset Management Business in Nigeria will be expected to carry out end-to-end financial (regulatory, management, statutory) and risk reporting. The role includes implementing and enhancing the accounting workflow systems and processes for Asset Management and Fund activities while ensuring financial controls and procedures are followed and adhered to for various internal and external stakeholders. This role will suit an individual who has excellent analytical, critical thinking, and interpersonal skills and a proven track record in establishing and leading highly efficient financial solutions
- Oversee the day-to-day Finance operations, including general ledger management for the Asset Management Business and all the Funds, and ensure timely recording of financial transactions including journal entries, period-end journals, and reconciliations.
- Responsible for the preparation of the Entity's timely financial results and coordinating the consolidation of Financial results for multiple Funds of the Business in line with IFRS, regulatory, and Group
- requirements.
- Liaise with internal and external auditors, coordinating and facilitating all required audit processes within required and stipulated business and regulatory timelines. Coordinate the completion of timely audited financial statements and address any audit-related inquiries or findings.
- Responsible for preparing the monthly management and financial accounts, business reports, and board documents; provide financial analysis and insights to support decision-making. Develop financial models and forecasts to support strategic planning, budgeting, and forecast processes.
- Prepare and file regulatory reports and all relevant disclosures relating to daily, monthly, and quarterly returns as required by SEC.
- Act as the Business partner for the Asset Management Business unit liaising with Business on budget performance monitoring, developing forecast, and analyzing variances and other finance-related matter for the department.
- Preparation of all periodic regulatory reports to SEC and FRCN; Group returns and report analysis using Hyperion Financial management (HFM)- Financial reporting consolidation tool; quarterly BA returns to South African Reserve Bank (SARB).
- Assess tax impact of Buisness transactions and ensure appropriate tax authorities receive tax return filings and payments as at when due.
- Identify opportunities to streamline financial reporting and control processes leveraging technology and innovative solutions to automate routine task and improve efficiency and accuracy.
- Manage any third parties to which accounting or finance functions have been outsourced.
- Ensure effective compliance and financial controls are in place in line with Group, statutory and regulatory requirement for financial and tax reporting. Monitor compliance and provide guidance to ensure adherence to financial policies and procedures.
- Cross-functional collaboration with Rand Merchant Bank Nigeria Limited "Bank" Business Units and key Business Enablement functions to manage service level agreements and ensure alignment of financial reporting and control activities. Provide guidance as required on financial reporting matters including accounting treatment and compliance requirements.
- Undertake any additional Finance duties as directed by the CFO.
Qualification:
- The successful candidate should be a qualified Chartered Accountant with at least 10 years of working experience in a financial services institution.
- Good analytical and management skills.
- A sound knowledge of IFRS with excellent financial analysis and communication skills.
- A good understanding of regulatory reporting requirements.
- A sound understanding of managing various Financial instruments i.e foreign exchange, fixed income markets and valuation of financial instruments will be beneficial.
- Hyperion Financial Management (Financial reporting consolidation tool) HFM experience will be beneficial.
- Confident to operate in a multi-dynamic global company across various business units and jurisdictions.
- Technologically adept and highly proficient in Ms. Office tools i.e. Excel, word and PowerPoint.
- Strong presentation skills and proven track record of interacting with Executive Management.
- A strong communicator who is deadline and solutions-driven.
- Able to operate in a fast-changing and dynamic environment (building a business).
- Able to work as part of a highly innovative and competitive team, meeting demanding deadlines.
- Self–motivated and able to work well both in a team as well as independently.
- A high degree of professionalism and business acumen.
- Strong Business partnering skills.
- Candidates should be trustworthy and display strong work ethics and integrity in all that they do.
go to method of application ยป
The objective is to identify a successful candidate to serve as an Executive Assistant to the CEO of the Bank to work in partnership to execute projects that are integral to actualizing the Bank’s vision and delivering on its strategic imperatives. This will include assisting to formulate strategic projects and implement or project- manage the execution of such strategic activities. In addition, the successful candidate will serve as a confidant of the CEO.
Responsibilities:
The successful candidate will be responsible for the following:
Identification, planning, management, coordination, and administration of strategic initiatives
- Develop and implement strategic initiatives in line with the CEO’s requirements, this will also include drafting, analyzing, presenting, and communicating such strategic projects
- Utilization of appropriate approaches, methodologies, and frameworks to structure initiatives
- Development of business cases to support the strategic initiative where applicable
- Creating clarity amongst stakeholders of the problem to be solved per initiative
- Effectively coordinating activities such that all contributors and stakeholders are aware of their roles and responsibilities in completing the respective tasks
- Preparing for and facilitating strategic workshops
- Capture and follow up on key actions within workshops and key meetings
- Identify key success measures per initiative/project implemented to ensure the desired outcomes and value is derived
- Identify key risks and challenges that could impede the development and/or execution of initiatives/projects
Effective Stakeholder Management
- Interact with the Bank’s business unit heads to identify and manage their requirements as part of the strategic initiative to be delivered
- Manage relationships and engagements with partners contributing to the strategic initiative being worked on
- Initiate dialogue to build professional working relationships with all stakeholders, displaying excellent abilities to listen, advise, influence, negotiate, and present at all levels
- Adapt communication styles to meet the needs of different audiences to create buy-in and translate strategic objectives into measurable and understandable actions
- Build rapport with the relevant leaders in the Bank
- Identify opportunities to build strong partnerships and networks, within and external to the Bank
Research, analysis, synthesizing, and presentation of key findings
- Performing relevant research and analyses to support the strategic initiative at hand
- Always utilizing a data-driven approach (empirical and anecdotal) to support arguments and/or recommendations
- Appropriately capture, synthesize findings, and tailor these to the various audience/stakeholder groups
- Packaging all findings in well-considered presentations
Ad Hoc Strategic/Organization Support
- Provide ad-hoc strategy and planning support that emerges from the portfolio of the CEO’s office pipeline of initiatives
- Support ad hoc projects that aim to improve impact and performance in areas that are critical to the Bank’s goals and strategy
- Co-write thought leadership articles that position the CEO and/or business appropriately in the market
Co-ordination/execution of relevant reports, presentations, speeches, and other written material
- Handle documentation that requires the attention of the relevant manager/stakeholder and prepare reports on various matters
- Write/co-ordinate strategy documents, communications, presentation material, speeches, briefing documents, reports, and other relevant documentation as required
- Document all analysis/research conducted, and store these appropriately as supporting and sharable data
General Skills:
- Demonstrate pride in RMBN’s brand and values
- Maintain a positive attitude and handle stress in ways that do not negatively impact others
- Plan and manage own workflow, anticipating obstacles, juggling priorities, and following through on objectives within agreed timeframes and according to quality standards
- Act in an ethical, transparent, and morally defensible manner, including highlighting unethical practices
- Continually share, debate, and communicate learnings
- Flag and debate issues constructively
- Ability to work effectively with a variety of team members and personalities
- Invested in the CEO’s goals and overall success, helping the CEO to perform at their best and align with organizational objectives
- Willing to provide extra time and energy during peak periods
- Exhibits a high level of discretion and availability when required
- Promote a cooperative climate in working with others to achieve shared goals
Qualifications and Experience:
- A first degree or equivalent in a relevant field
- Post-graduate degree in Finance, Economics, Engineering, Commerce, or any such related field where structured, critical, and analytical thinking is applied
- 3-5yrs years’ post-NYSC experience in strategy development and execution and/or management consulting, or related experience, preferably within a Big 3 audit/consulting firm, other reputable consulting firms, banking, financial or telecommunications institution. Financial background is advantageous.
- Knowledge of and experience with common approaches for research, strategic analysis, project management and presentation design, stakeholder management, and engagement
Technical Pre-requisite:
- Strategy development• Business Case Development
- Advanced proficiency in MS Excel and PowerPoint
Competencies Required:
- Effective Business Management Experience
- Relevant Research, Analysis & Insights
- Effective Stakeholder Management
- Problem-solving
- Attention to detail
- Outcomes driven
- Stakeholder management
- Strong Verbal and written communication
- Assertiveness
- Influencing and negotiating
- Consulting and advisory
- Planning and organizing
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