Head of Finance and Accounting at a Microfinance Bank - Fadac Resources and Services Limited

Fadac Resources and Services Limited - Our client,  a private sector led Tier 1 Microfinance Bank that provides a versatile range of financial services to low-income groups, micro, small and medium enterprises, self-employed with entrepreneurial skills.

They are recruiting to fill the position below:

Job Title: Head of Finance and Accounting

Location: Lagos
Employment Type: Full-time

Job Summary

• As the Head of Finance and Accounts in the microfinance banking sector, you will lead and oversee all financial operations, accounting functions, and regulatory compliance within the organization.
• Your role will be pivotal in ensuring the sound financial management of the institution and adherence to industry standards.

Responsibilities

• Develop and execute financial strategies aligned with the institution's goals and regulatory requirements.
• Provide guidance on budgeting, forecasting, and financial planning to support sustainable growth.
• Oversee the preparation of accurate financial statements, ensuring compliance with regulatory standards and accounting principles.
• Lead the financial reporting process, providing insights to aid decision-making at the executive level.
• Implement robust internal controls to manage financial risks effectively.
• Ensure compliance with regulatory bodies, policies, and standards governing microfinance banking operations.
• Manage and mentor the finance and accounting team, fostering a culture of excellence and continuous development.
• Coordinate cross-functional collaboration with other departments to achieve financial goals.
• Supervise treasury operations, optimizing liquidity, and managing cash flow effectively.
• Monitor investment activities and financial instruments to maximize returns while mitigating risks.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field; ICAN (Institute of Chartered Accountants of Nigeria) and MCIB (Microfinance Certified Banker) qualifications are mandatory.
• Proven experience in a senior finance role within the microfinance banking sector, demonstrating a strong understanding of industry practices and regulations.
• Proficiency in using Bank One software or similar banking software for financial operations.
• Sound knowledge of financial planning, analysis, and reporting.
• Excellent leadership and communication skills with the ability to drive financial initiatives and influence stakeholders.

Application Closing Date
10th September, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the job title as the subject of the mail.