Job Summary

The Head, Financial Control will coordinate the affairs of Financial Control and all regulatory returns. He will report to the Managing Director.

  • Minimum Qualification: Degree
  • Experience Level: Senior level
  • Experience Length: 5 years

Job Description/Requirements

JOB DESCRIPTION:
  • Create and implement a long-term business plan to ensure continuity of business operations in the long run.
  • Oversees the financial strategic planning of the bank by evaluating its performance and potential risks.
  • Prepare the books of account of the bank in line with generally accepted accounting practice (GAAP).
  • Forecast cash flow positions, related borrowing needs, and funds available for investments, thereby ensuring that sufficient funds are available to meet ongoing operations and capital investment requirements.
  • Ensures that all monthly statutory deductions (PAYE, VAT, Withholding Tax, and Pension) are made and returns submitted on time to relevant authorities.
  • Manages the relationship with internal auditors, external auditors, and other reviewers ensuring that they get the necessary support and cooperation to perform their duties.
  • Oversee the tracking and recording of all bank assets and inventory according to the bank’s policy and practice.
  • Ensure accurate and prompt rendition of all regulatory returns.

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