Financial Controller at Dove Consulting

At Dove Consulting, we are a leading consulting firm specializing in Human Resource services in Nigeria. With years of experience across various industries, we offer innovative and customized HR solutions tailored to meet the unique needs of businesses, whether large or small. Our mission is to empower organizations by optimizing their workforce management and enhancing overall business performance.

We are recruiting to fill the position below:

Job Title: Financial Controller

Location: Benin City, Edo
Employment Type: Full-time

Position Overview

• The Financial Controller is a senior management role responsible for overseeing the financial operations of the Microfinance Bank, ensuring sound financial management, regulatory compliance, and alignment with the bank’s strategic goals. The role involves managing the financial health of the organization, optimizing resource allocation, and providing accurate and timely financial reports to aid decision-making.
• The Financial Controller must have exceptional analytical, leadership, and problem-solving skills to ensure the bank operates efficiently and profitably.

Key Responsibilities
Financial Management and Planning:

• Develop and implement robust financial policies and procedures to ensure sound financial management.
• Prepare and monitor budgets, forecasts, and financial plans to achieve organizational goals.
• Oversee cash flow management, ensuring sufficient liquidity for operations and growth initiatives.
• Manage the bank’s asset and liability portfolio to optimize returns and minimize risks.

Accounting and Reporting:

• Ensure accurate and timely preparation of financial statements in compliance with regulatory and accounting standards (e.g., IFRS).
• Maintain and oversee the bank’s general ledger, ensuring the accuracy and integrity of all financial records.
• Prepare monthly, quarterly, and annual financial reports for internal stakeholders and regulatory bodies.
• Lead the preparation of the bank’s annual financial audit and liaise with external auditors.

Regulatory Compliance:

• Ensure full compliance with the Central Bank of Nigeria (CBN) regulations, tax laws, and other applicable financial regulations.
• Prepare and submit all statutory financial reports and returns to the relevant authorities, including CBN and tax agencies, within the stipulated deadlines.
• Stay updated on changes in financial regulations and accounting standards and ensure their timely implementation.

Risk Management and Internal Controls:

• Develop and implement internal controls to safeguard the bank’s financial assets and mitigate risks.
• Identify financial risks, propose mitigation strategies, and monitor their implementation.
• Conduct regular financial risk assessments and ensure compliance with internal control frameworks.
• Collaborate with internal and external auditors to address findings and implement recommended improvements.

Strategic Contribution:

• Provide financial insights and analysis to support strategic decision-making by the executive team.
• Contribute to the development of the bank’s overall business strategy, ensuring financial sustainability.
• Evaluate investment opportunities and advise on resource allocation to maximize returns.

Team Leadership and Development:

• Lead and mentor the finance and accounting team, fostering a culture of accountability and excellence.
• Set performance objectives for the finance team and monitor their progress through regular evaluations.
• Provide training and professional development opportunities for team members to enhance their skills.

Key Qualifications

• Professional certifications such as ICAN (Institute of Chartered Accountants of Nigeria), ACCA (Association of Chartered Certified Accountants), or CFA (Chartered Financial Analyst) are mandatory.
• A Master’s degree (MBA or related) is an added advantage.

Experience:

• Minimum of 5 years of progressive experience in financial management, with at least 2 years in a leadership role in the banking or microfinance sector.
• Proven track record of managing budgets, preparing financial reports, and ensuring regulatory compliance.
• Experience in implementing and managing financial systems and internal controls.

Skills and Competencies:

• Financial Acumen: Deep understanding of financial management principles, accounting standards, and regulatory requirements.
• Leadership: Strong ability to lead and inspire a team to achieve organizational objectives.
• Analytical Thinking: Exceptional problem-solving skills with the ability to analyze complex financial data and provide actionable insights.
• Attention to Detail: High level of accuracy and attention to detail in financial reporting and operations.
• Regulatory Knowledge: Comprehensive knowledge of CBN regulations, tax laws, and financial reporting standards.
• Technology Proficiency: Proficiency in financial software, ERP systems, and Microsoft Office Suite.
• Communication Skills: Excellent ability to present financial information clearly to non-financial stakeholders.

Salary
N300,000 - N350,000 monthly.

Application Closing Date
20th December, 2024.

How to Apply
Interested and qualified candidates should:
Click here to apply online