• Career Opportunities in a Financial Institution

  • Posted on: 10 November, 2015 Deadline: 12 November, 2015
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  • The following vacancies exist in a financial institution in Abuja for experienced candidates.
    Apply only if you are currently resident in Abuja.

    Head of Operations

     

    JOB PURPOSE

    • Independently assess the effectiveness of controls and determine the potential impact of any control failure and the corrective actions required.
    • Highlight to management all concerns arising from failure ofcontrols that could result in losses and/or reputational risks.
    • Ensure that the reviews conducted have a corrective action follow upmechanism
    • Ensure adherence to corporate policies and local policy as well aslocal and global regulatory environment.
    • Participate in all aspects of assessments, in accordance withInternal Audit standards and/or regulatory statutes.
    • Participate in training and developing other staff in audit, riskassessment techniques and accounting principles.
    • Understand and accurately evaluate risks and controls as they relateto business objectives.
    • Use available technology and automation tools to appropriatelyimprove processes within the department and business in general.Develop an in-depth knowledge and understanding of the business andto acquire greater knowledge of the products and processes.
    • Implement the Fraud Management program appropriate for the businessin conjunction with BUFM and CSIS.
    • Have over-sight on the functions on the Bank's Information Securityofficer (BISO). This role is responsible for the Business complianceto information security standards, information security criticalityassessments, 3rd-party assessments, entitlements reviews, residualrisk.
    • Responsible for the control of execution of the Self-Assessmentprocess, all Risk Assessment, Corrective action plans (CAP)follow-ups, Audit follow ups, ensure compliance with policies bycountry & legal vehicle, produce valuable matrix to allow managementcontrol all aspects of the Operations business.JOB BACKGROUND/CONTEXT
    • Revenues: Ops control is supporting the business directly throughcontrols, reconciliation and MCA coordination to eliminate all lossesto the business
    • Expenses: Direct expenses are incurred through carrying out of theindependent reviews and controls
    • Headcount: Responsible for optimal utilization of approved headcountto meet effective controls and any required reporting to seniormanagement.
    • Assets: Control over the assets of the bank through reviewingcertain balance sheet accounts

     

    KEY RESPONSIBILITIES

    • Planning the audit reviews by selecting the appropriate auditapproach, methodology and preparing the test plan that best suits theproduct and process.
    • Evaluate the adequacy and effectiveness of internal control byAnalysing/flowcharting the different processes in order to evaluatecontrols, identify inefficient processes.
    • Performing the actual audit tests, selecting sample, performinganalytical reviews, and checking adherence to corporate policies.
    • Preparing audit reports for senior management, discussing issueswith relevant business unit heads.
    • Influencing the design and improvement of processes to ensure thatappropriate controls exist to manage risks
    • efficiently.
    • Responsible for communicating to upper management issues thatsurface and unresolved issues.
    • Co-ordinating the Operations and Technology self-assessment (MCAs)and DCFCs processes for the bank.
    • Co-ordinate the day-to-day functions of other employees in the Unitand to up-date the Proof-Charts.
    • Assist the Fraud Manager on handling, investigating and reporting offraud incidents and attempts.
    • Ensure that all performance indicators/KRIs for management fromOperations Control are availed as and when required.
    • Co-ordinate and undertake training of all new staff on role ofOperations Control and basic Business expectation from the staff.Assign work to other staff in the unit.
    • Undertake consolidation of functions (or Outsourcing) that wouldotherwise lead to inefficiency when done departmentally for instanceDeviation approvals and bank wide departmental designations.
    • Any other function/duty or responsibility that may be assigned fromtime to time as deemed appropriate by the business.

    EDUCATION

    • BSC/HND in Accouniting, banking,or equivalent related undergraduatedegree ACA/ACCA certification

    EXPERIENCE

    • 5-7 years’ work experience in banking

    Marketing Team Lead

     

    DETAILED JOB DESCRIPTION:

    Reporting to the Managing Director/Chief Executive of the Company, the successful candidate will lead the sales and marketing function and be responsible for defining and reviewing the scope of sales and marketing activities,

    RESPONSIBILITIES

    SALES ACTIVITY

    • Define, propose, and lead the execution of the sales and marketing strategy.
    • Review, adapt and amend strategy according to market challenges and business profitability.
    • Identify target clients and lead the selling process.
    • Elaborate action plan in order to enhance competiveness, in terms of organization, service, quality, and pricing.
    • Manage the order activity, monitor and improve the related performance.
    • Build strong external and internal business relationships and network with key players.
    • Work with operations and the various support departments to provide appropriate solutions to customers. SALES AND

    MARKETING TEAM MANAGEMENT

    • Manage the sales and marketing team to ensure the quantitative and qualitative targets are met.
    • Measure the performance of the sales and marketing team through appropriate metrics.
    • Identify sales performance gaps and put corrective actions in place.
    • Train the sales and marketing team to improve their knowledge and performance.
    • Market Intelligence Carry out market surveys with the help of sales and marketing team.
    • Identify and communicate market changes, key competitor's strategies and industry trends to regional and corporate teams.
    • Analyze the market's attractiveness and competitive situation.
    • Analyze strengths and weaknesses as compared to other competitors.
    • Provide reliable statistics, analysis and action plans to reach market targets.

    ACCOUNTS MANAGEMENT

    • Monitor and report profitability analysis on accounts.
    • Monitor customer's satisfaction issues.
    • Attend the KPl's review with the key accounts.
    • Provide monthly reporting within the agreed framework.

    QUALIFICATION AND EXPERIENCE

    • First degree in banking, marketing or or related field, with minimum 5-7 years of experience in the Financial Industry.
    • Must have a deep understanding in building a brand and developing brand loyalty.
    • Professional certifications in sales, marketing and customer relations.
    • Must have a proven track record in a business development function in the Finance industry.
    • Already in relation with key market stakeholders, and have the ability to translate operational concepts into business solutions.
    • In-depth knowledge of the local environment and culture in which the company currently operates.
    • Well organized, possesses strong business acumen, excellent communication skills as well as leadership abilities.
    • Resourceful and flexible, with good interpersonal skills that will enable adaptation in complex, challenging, cultural and social contexts.
    • Excellent command of written and spoken English.

    Loan Monitoring / Recovery Officer

     

    The Loan Monitoring/Recovery Officer will be responsible for the efficient follow-up and recovery of outstanding repayments, interest and penalties on delinquent loans and to give advices and searches on documentations, registering of affidavits and other documents.

    KEY PERFORMANCE MEASURES

    • Recoveries metrics as agreed in KRAs.
    • Collections rate on NPL book as agreed in KRAs. NPL not to exceed 10% of total book.
    • Accurate capture and follow up of payment plans.
    • Monthly stock checks.
    • Monthly reporting on all recovery activities (in-house & outsourced).
    • Incoming correspondence actioned within 48 hours.
    • Annual review of closed files.

    ESSENTIAL REQUIREMENTS

    • Capacity to communicate efficiently both orally and in writing
    • A very analytical and tactical mind
    • Capacity to investigate effectively with clients and guarantors
    • Capacity to obtain information from external sources.
    • Fluent in English and Hausa
    • Physically fit.
    • Willingness to travel around branches.

    OTHER REQUIREMENTS

    • A minimum of HND in any discipline.
    • A minimum of 1 year working experience in a similar position.
    • A minimum of 1 year working experience in a microfinance or commercial bank.
    • A valid driver’s license and ability to drive will be an added advantage.
    • Practical knowledge of micro/small business and market environment will be an added advantage.

    Financial Control Officer

     

    KEY RESPONSIBILITIES

    General Business

    • Direct and coordinate all Accounting/Finance functions and activities of the company in order to ensure the smooth and efficient running of the Department
    • Ensure compliance with statutory authority and audit requirements
    • Maintain integrity of Accounting system (software), ensuring it remains effective and operational at all times
    • Ensure all taxation and legislative requirements are complied with at all times
    • On a monthly basis conduct balance sheet reconciliation for review by Directors
    • Where inconsistencies in reconciliations emerge, take remedial actions or refer to relevant personnel as appropriate
    • Update “chart of accounts” monthly to reflect account management activities
    • Provide assistance and direction to the business entities regarding financial matters _Finance Administration_
    • Ensure the monthly reconciliation of all ledgers and sub-ledgers
    • Ensure daily on-line reconciliation of bank accounts across the various Banks
    • Analyse weekly business performance/results on an outlet by outlet basis, providing feedback to Senior Management
    • Review asset position comparing figures with financials, advice management on optimum stock levels at branch and warehouse
    • Track and monitor daily revenue for accuracy, verifying it against Bank takings
    • Suggest and where approved, implement cost management strategies
    • Ensure monthly accruals are adjusted to meet demands of the business
    • On a monthly basis monitor and track debtors to ensure they are consistent with contract conditions
    • In conjunction with Directors, source and identify finance providers at competitive rates
    • In conjunction with IT Systems Administrator, coordinate and implement upgrades to Peachtree, providing necessary information/training to direct reports

    Budgeting/Forecasting and Reporting

    • Co-ordinate and prepare business plan financial forecasts, annual/monthly budgets, including operating and capital expenditure budgets
    • Ensure the accurate preparation/reporting of monthly/weekly financial results in strict accordance with Company deadlines
    • Where required, provide assistance/direction to managers with regards to the preparation of budgets
    • Ensure approved capital expenditure budgets are adhered to at all times
    • Collate all relevant information to produce end of year statutory accounts for the company
    • Ensure that end of year statutory accounts report is finalized by specified date and presented to Directors for review
    • On an annual basis prepare “budget reports” for review by Directors.
    • On a monthly basis track and review expenditure against set budgets providing Directors with a Budget Inconsistencies Report

    Asset Management

    • Ensure all company assets are monitored and accurately accounted for
    • Ensure the fixed assets register is managed and maintained with strict adherence to fixed assets register procedure
    • On a monthly basis ensure the general ledger is reconciled to the assets register

    KEY REQUIREMENTS

    • Bachelor's degree in Accounting or Finance related discipline
    • ACA/ACCA is a must.
    • FCA/FCCA is an added advantage
    • Minimum 3 years experience in a structured organization
    • 5 years experience in Banking or Project Finance
    • Experience in a fast growing company is an advantage
    • Experience with ERP Software tools
    • Impressive Excel skills
    • Proven presentation skills to both finance and non-finance individuals
    • Passion for working with the business to achieve key goals
    • A critical thinker with high attention to detail
    • Strong commercial acumen
    • Demonstrated process improvement
    • Extraordinary interpersonal and communication skills

    JOB DESCRIPTION

    • Prepares asset, liability, and capital account entries by compiling and analyzing account information
    • Documents financial transactions by entering account information
    • Recommends financial actions by analyzing accounting options
    • Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports
    • Substantiates financial transactions by auditing documents
    • Maintains accounting controls by preparing and recommending policies and procedures
    • Guides accounting clerical staff by coordinating activities and answering questions
    • Reconciles financial discrepancies by collecting and analyzing account information
    • Secures financial information by completing data base backups
    • Maintains financial security by following internal controls
    • Prepares payments by verifying documentation, and requesting disbursements
    • Answers accounting procedure questions by researching and interpreting accounting policy and regulations
    • Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions
    • Prepares special financial reports by collecting, analyzing, and summarizing account information and trends
    • Maintains customer confidence and protects operations by keeping financial information confidential
    • Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies
    • Accomplishes the result by performing the duty
    • Contributes to team effort by accomplishing related results as needed

    Internal Auditor

     

    KEY RESPONSIBILITIES

    General Business

    • Direct and coordinate all Accounting/Finance functions and activities of the company in order to ensure the smooth and efficient running of the Department
    • Ensure compliance with statutory authority and audit requirements
    • Maintain integrity of Accounting system (software), ensuring it remains effective and operational at all times
    • Ensure all taxation and legislative requirements are complied with at all times
    • On a monthly basis conduct balance sheet reconciliation for review by Directors
    • Where inconsistencies in reconciliations emerge, take remedial actions or refer to relevant personnel as appropriate
    • Update “chart of accounts” monthly to reflect account management activities
    • Provide assistance and direction to the business entities regarding financial matters

    Finance Administration

    • Ensure the monthly reconciliation of all ledgers and sub-ledgers
    • Ensure daily on-line reconciliation of bank accounts across the various Banks
    • Analyse weekly business performance/results on an outlet by outlet basis, providing feedback to Senior Management
    • Review asset position comparing figures with financials, advice management on optimum stock levels at branch and warehouse
    • Track and monitor daily revenue for accuracy, verifying it against Bank takings
    • Suggest and where approved, implement cost management strategies
    • Ensure monthly accruals are adjusted to meet demands of the business
    • On a monthly basis monitor and track debtors to ensure they are consistent with contract conditions
    • In conjunction with Directors, source and identify finance providers at competitive rates
    • In conjunction with IT Systems Administrator, coordinate and implement upgrades to Peachtree, providing necessary information/training to direct reports

    Budgeting/Forecasting and Reporting

    • Co-ordinate and prepare business plan financial forecasts, annual/monthly budgets, including operating and capital expenditure budgets
    • Ensure the accurate preparation/reporting of monthly/weekly financial results in strict accordance with Company deadlines
    • Where required, provide assistance/direction to managers with regards to the preparation of budgets
    • Ensure approved capital expenditure budgets are adhered to at all times
    • Collate all relevant information to produce end of year statutory accounts for the company
    • Ensure that end of year statutory accounts report is finalized by specified date and presented to Directors for review
    • On an annual basis prepare “budget reports” for review by Directors.
    • On a monthly basis track and review expenditure against set budgets providing Directors with a Budget Inconsistencies Report

    Asset Management

    • Ensure all company assets are monitored and accurately accounted for
    • Ensure the fixed assets register is managed and maintained with strict adherence to fixed assets register procedure
    • On a monthly basis ensure the general ledger is reconciled to the assets register

    KEY REQUIREMENTS

    • Bachelor's degree in Accounting or Finance related discipline
    • ACA/ACCA is a must.
    • FCA/FCCA is an added advantage
    • Minimum 3 years experience in a structured organization
    • 5 years experience in Banking or Project Finance
    • Experience in a fast growing company is an advantage
    • Experience with ERP Software tools
    • Impressive Excel skills
    • Proven presentation skills to both finance and non-finance individuals
    • Passion for working with the business to achieve key goals
    • A critical thinker with high attention to detail
    • Strong commercial acumen
    • Demonstrated process improvement
    • Extraordinary interpersonal and communication skills

    JOB DESCRIPTION

    • Prepares asset, liability, and capital account entries by compiling and analyzing account information
    • Documents financial transactions by entering account information
    • Recommends financial actions by analyzing accounting options
    • Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports
    • Substantiates financial transactions by auditing documents
    • Maintains accounting controls by preparing and recommending policies and procedures
    • Guides accounting clerical staff by coordinating activities and answering questions
    • Reconciles financial discrepancies by collecting and analyzing account information
    • Secures financial information by completing data base backups
    • Maintains financial security by following internal controls
    • Prepares payments by verifying documentation, and requesting disbursements
    • Answers accounting procedure questions by researching and interpreting accounting policy and regulations
    • Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions
    • Prepares special financial reports by collecting, analyzing, and summarizing account information and trends
    • Maintains customer confidence and protects operations by keeping financial information confidential
    • Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies
    • Accomplishes the result by performing the duty
    • Contributes to team effort by accomplishing related results as needed

    Method of Application

    Interested and qualified? Send in your application by clicking the Apply button below

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