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Job for a Chief Financial officer (CFO)

Job for a Chief Financial officer (CFO)

Our Client one of the leading financial institutions in Nigeria is currently looking for

Job Title: Chief Financial officer (CFO)

Location:Lagos Nigeria

Job description

  • Provide effective support and participation in the preparation of winning corporate strategy and business plans for the bank
  • Oversee and supervise the preparation of the bank’s annual budget
  • Oversee and ensure the preparation of monthly cash budget
  • Ensure effective budget monitoring and variance analysis
  • Supervise periodic financial performance analysis
  • Prepare and review monthly and quarterly cash-flow projections
  • Formulate and supervise the implementation of asset and liability management strategies
  • Prepare and review monthly investment status reports
  • Design and implement robust investment strategies for the bank
  • Ensure periodic review of the entire accounting and financial management systems to ensure efficient capturing and processing of financial data
  • Supervise all staff of the finance department to ensure production
  • of timely, accurate and complete periodic financial reports and returns
  • Supervise the production of annual financial statements in accordance with relevant accounting standards
  • Ensure effective administration of staff payroll and other staff benefits
  • Ensure maintenance of up-to-date and correct asset register
  • Manage the production, verification and submission of relevant financial reports and returns to regulatory authorities, such as the Central Bank of Nigeria
  • Supervise the preparation of the bank’s annual budget
  • Supervise the preparation of monthly financial report and annual accounts preparation
  • Manage the process of financial reporting to stakeholders
  • Manage relationship with all the banks where the company has account
  • Get weekly report on transfers from and to head office, and take action on issues that may emerge

KEY PERFORMANCE INDICATORS

  • Timeliness in preparation of Annual budgets
  • Financial or Treasury-related exceptions or infractions identified by internal/external auditors, CBN or other regulatory bodies
  • Internal customer satisfaction index
  • Degree of error in reports generated
  • Incidents of complaints relating to ambiguities or absence of clear financial policies and procedures Cost efficiency, measured by budget performanc

Qualifications and Experience

  • First degree or its equivalent, preferably in a numeric discipline e.g. Accounting, Economics, Business Administration or in a related field.
  • A post-graduate degree or its equivalent in any discipline. An MBA or any other related professional qualification is required.
  • Relevant professional qualifications/affiliations such as ICAN, CIBN, CFA, ACIB etc.
  • A minimum of 8 years diverse experience (i.e. banking, insurance, microfinance, etc.) as well as experience in multi-functional roles within the industry.
  • Minimum of 4 years senior management experience within the financial services industry.
  • Prior microfinance experience is desirable,
  • Prior board-level experience/ experience reporting to a board/ board committee.
  • Strong communication skills.

Competency/ Skill Requirements:

  • Knowledge and understanding of the Nigerian financial services market such as Microfinance sector
  • Good product development and portfolio management capabilities.
  • Excellent customer relationship development/management skills.
  • Knowledge and understanding of commercial financial products.
  • Must have the ability to think strategically and holistically and to appreciate the systemic impact of various policies, issues and solutions.
  • Must possess a high sense of responsibility, accountability, integrity and ethical standards.
  • Must have strong business acumen, maturity and tact, including the ability to relate with highest levels of management of financial institutions

Salary:N4.2M -6M per annum based on and qualification and wealth of experience

How to Apply

Interested and qualified candidates must send their CV to customercare.sdil@gmail.com on or before 18/08/2017.

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