Head of Finance
Cedar Microfinance Bank Limited
Accounting, Auditing & Finance
Job Summary
We are looking for a skilled Head of Finance to provide strategic leadership and oversight for the finance department, with responsibility for financial planning, reporting, tax and treasury mgt, credit control, revenue, reconciliation and banking operations. Minimum 3 years of banking experience is compulsory, preferably in a microfinance bank.
- Minimum Qualification : Degree
- Experience Level : Mid level
- Experience Length : 3 years
- Working Hours : Full Time
Job Description/Requirements
Responsibilities:
- Manage financial operations and ensure compliance with accounting standards
- Responsible for the prompt, periodic, and timely reconciliation of the Bank’s financial accounts as prescribed by the Bank’s finance and operations policy.
- Support the development and implementation of the Bank’s strategic and business plan through allocation of financial resources to ensure proper management of financial resources and assets of the company.
- Manage the utilization of company finances according to established policies, plans, and procedures.
- Assist in carrying out financial planning using projection models and other financial tools and disseminate the information to the various stakeholders within and without the organization.
- Provide accurate and timely periodic financial reports and other reports to the various stakeholders as per policy or on need basis; prepare reports for management, directors, auditors, regulators, government agencies and departments including for tax compliance purposes.
- Coordination of budget preparation and consolidation of annual projections.
- Daily recommendation and approval of expenses or transactions.
- Review of assets, liabilities, income and expenses.
- Review and renewal of policies such as insurance policies.
- Preparation and submission of monthly and annual regulatory returns
- Preparation and presentation of reports to the Asset and Liability Committee
- Management of assets, liabilities, equity, income and expenses.
- Verification of depreciation and amortization on a monthly basis.
- Analysis of financial statements on a weekly and monthly basis.
- Attending to external auditors’ requests on occasion.
- Attending to regulators such as CBN, NDIC, Tax Authority, and CAC.
Requirements:
- HND / Bachelor’s degree in Accounting (ICAN/ACCA certification will be an added advantage)
- Minimum of 3-5 years of banking experience, with at least 2 years in a senior role
- Proximity of Residential address to Surulere is compulsory.
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