Deloitte Nigeria - Our client is a development finance institution positioned to empower more micro, small and medium enterprises across Nigeria. The institution is set up as a private sector driven wholesale financial institution aimed at increasing access to finance for Micro, Small and Medium Enterprises (MSMEs) through eligible financial intermediaries In view of the foregoing, the client seeks to attract, motivate and retain qualified staff.
We are recruiting to fill the position below:
Job Title: Head, Finance and Accounts
Reference Number: DFI002 Location: Any CIty, Nigeria
Job Summary
To provide overall leadership and management of the Finance Department, Develop and manage the implementation of the Finance strategy throughout the institution, ensure appropriate accounting and financial standards are established and maintained
Duties and Responsibilities
Acts as the prinicple financial advisor to the CEO and the Board including advice on the formulation of overall financial policy and strategy
Supervises all financing and accounting activities at the institution
Oversees budgeting and costing activities and ensure proper processing of payroll payment
Manages and ensures consistent update of the institution’s accounts
Supervises the investment handling of day-to-day activities and ensures that the investment generation meets the business plans and project forecasts.
Manages the investment opportunities that are identified and evaluated by the Finance section
Supervises the investment handling of day-to-day activities and ensures that the investment generation meets the business plans and project forecasts.
Manages the investment opportunities that are identified and evaluated by the Finance section
Ensures a clear view of profitability as well as adequate monitoring of profit and loss accounts
Ensures cost control and management within budget and authority across the institution
Establishes and maintains appropriate internal control safeguards
Interacts with other units to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations
Ensures records systems are maintained in accordance with generally accepted auditing standards.
Provides periodic MIS and financial reports presenting the performance of financial activities
Provides auditors with the needed documents and any data
Conducts Managerial book close and processing needed general ledger entries (accounts payable, journal entries, accounts receivable, fixed assets, and taxes)
Reviews all financial and accounting report
Oversees the proper maintenance of the institution’s accounting records and ensures compliance with statutory and regulatory requirements
Coordinates timely preparation of the institution’s financial statements and ensures that its financial position is accurately reflected in compliance with statutory and regulatory requirements
Oversees transaction control to ensure to detect and/or prevent errors, misappropriations, or policy non-compliance in a financial transaction process
Delivers timely, accurate and relevant financial information and insight to stakeholders for effective decision making
Periodically reviews key financial activity and performance reports and takes appropriate action to ensure achievement of the institution’s financial objectives
Identifies risks and long-term financial implications of intended corporate projects/ initiatives, and advices Executive Management accordingly
Liaises with relevant stakeholders across the Bank regarding finance related matters
Required Qualifications
Minimum of a bachelor’s degree in Finance, Accounting or any related field
A Master’s degree/MBA in related field is an added advantage
A professional certification in ICAN, ACCA, CFA, CPA or any other related field
Minimum of 8 years of related experience in Finance and Accounting of which 4 years should be in a managerial position
Skills and Experience:
Knowledge in Finance and Accounts Management
Knowledge of relevant financial software applications
Understanding of accounting principles, practices and procedure
Excellent Resource and Quality Management
Demonstrates expertise in Financial Information Assessment
Expertise in the application of financial principles