Chief Financial Officer at Recruitment Consulting

Recruitment Consulting - We are an executive-search firm that specializes in recruiting executive personnel for companies in various industries. we act as go-betweens for employers and jobseekers providing top talent to meet their talent demands.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer

Location: Abuja (FCT)
Employment Type: Full-time

Job Responsibilities

• Preparation Of The Bank's Management Account & Report
• Computation Of The Banks Prudential Ratios
• Computation Of The Banks Operating And Internally Stresses Ratios
• Manages The Cash Reserve Requirement With The CBN
• Review Of Trial Balance Monitoring
• Budget Articulation And Preparation
• Budget Monitoring
• Budget Reporting
• Expenditure Control
• Validation And Obtaining Approval For Staff Salaries
• Validation And Payment Of Staff Other Allowances And Benefits
• Computation And Management Of The Matrix For Staff Share Of Profit
• Validation Of All Statutory Deductions And Remittances To Regulatory Bodies
• General Ledger Creation On The Bank's Core Application
• Fexi Account (Subsidiary)Creation On The Bank's Core Application
• Ensure Accurate Classification Of Items In The Bank's GL
• Validating The Output Of The Bank's EOM Run And Report By The Core Application
• Mapping Of New Gls To The Efass Reporting System
• Preparation Of ALCO Report To The Board ALCO
• Preparation Of Bank Performance Report To The Board Of Directors
• Review Of The Bank's Bank & Cash Positions Report
• Monitoring The Bank's Liquidity Position
• Review And Validation Of Monthly Profitability Report
• Presentation Of The MPR At The Monthly Performance Review Meeting
• Review And Monitoring Of The 5 Year Strategic Plan Of The Bank
• Monitoring Of Strategic Decisions Taken At Strategic Sessions Of The Bank
• Monitoring The Bank's Capital Management Plan
• Monitoring The Bank's Dividend Policy
• Preparation And Submission Of Earnings Forecast To NSE
• Preparation And Submission Of Interim Financial Statements To NSE, SEC
• Preparations Of Input On Returns To CAC
• Liaison With Rating Agencies On The Entity And Servicer Ratings Of The Bank
• Overseas The Treasury Function And Investment Of Pool Of Excess Funds
• Validates And Signs All Deposit Placement Letters In The Bank
• Validates And Signs Some Transfer Instructions Letters For Customers
• Manages The Insurance Sinking Fund Of The Bank And Group
• Oversees And Ensures The Insurance Of All Risk Asset Exposures
• Oversees And Ensures The Insurance Of All Cash And ATM Operations Exposures
• Oversees And Ensures The Fidelity Insurance For Cash Handlers In The Bank
• Oversees And Ensures The Insurance Of The Bank's Fixed Assets
• Oversees And Ensures The Insurance Of The Bank's Human Assets (Group Life)
• Liaison With External Auditors On The Audit Of The Bank's Financial Statements
• Prepares The Deposit Certification Report For Review By Auditors And Submission To NDIC
• Preparation of Annual Accounts And Report of The Bank
• Classification Loan Portfolio And Computation Of ECL Impairments
• Validation Of PAYE Compliance Reports
• Validation Of PENSION Compliance Reports
• Filing Of the Tax Returns of the Bank Including CIT, Edutax, Devlevy, WHT etc.
• Validation Of Entries For Fixed Assets Booking Into The Fixed Asset Register
• Validation Of Investment Scoring Reports For Investee Banks
• Member Of The Executive Management Committee And Meets On Operational And Strategic Issues Concerning The Bank
• Member Of The Management IT Steering Committee And Meets On IT Related And Security Issues For The Bank
• Member Of The Management Credit Committee And Meets On Credit Origination And Management In The Bank
• Liaison With CBN/NDIC On Routine Examination Of The Bank
• Liaison With FIRS On Audit /Examination Of The Bank
• Other Activities As Directed By The MD/CEO

Key Performance Indicators (KPI)

• Articulate, monitor and direct implementation of strategic business plan
• Management of General Ledger to ensure figures are accurate and complete. Restructure the GL to ensure seamless reporting of sectional, individual, periodic and yearly performances.
• Manage and monitor capital request, budget preparation, measurement and timely reporting.
• Timely preparation and rendition of all internal and regulatory returns and compliance to ensure zero infraction.
• Development of financial and tax strategies for optimal efficiency
• Supervision and management of accounting, human resources, administrative activities and vendor’s relationship for cost advantage.
• Ensure liquidity position is adequate at all times to meet falling obligation (Treasury/ Cash Management)
• Oversee employee benefit plans with particular emphasis on maximizing a cost effective benefit package.

Requirements
Academic Qualification & Work Experience:

• A first degree or equivalent in Accounting.
• Must be a qualified Accountant (ACA/ACCA)
• Must have at least 10 years cognate experience in Audit and Tax management, Must be proficient in the use of Microsoft Office Suite
• Must be a registered professional with the Financial Reporting Council
• Must have worked at least 5 years at managerial position of a reputable financial institution.

Knowledge:

• Proven ability to manage a broad range of stakeholders.
• Experience handling administrative duties not limited to payroll and benefits.
• Cash Management, Financial Accounting and Corporate Finance Competence

Skills:

• Strong writing/ investigation skill
• Banking operations experience
• Leadership Skills and Strategic Vision
• Avid support for data analytics

Personal Attributes:

• Must be reliable
• Attention to details
• Strong work ethics
• Problem Solving Abilities.

Application Closing Date
20th November, 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.