Financial Control Officer at Ultraviolet Microfinance Bank

Job Description

• As the Financial Control Officer at our Microfinance Bank, you will play a pivotal role in ensuring the institution's financial stability
• Your primary responsibility will be to oversee and manage the financial control function, implementing robust systems, and processes to maintain the accuracy and integrity of financial data.
• Reporting directly to the Chief Executive Officer (CEO), you will be an essential member of the senior management team, contributing to strategic decision making and driving the financial success of the bank.

Responsibilities

• Manage all finance and accounting operations.
• Prepare accurate and timely financial reports, including balance sheets, income statements, and cash flow statements, in compliance with regulatory requirements and accounting standards.
• Conduct in-depth financial analysis to identify trends, risks, and opportunities for improvement and provide insightful recommendations to senior management.
• Coordinate with internal and external auditors to facilitate smooth and efficient audit processes.
• Address audit findings and recommendations and implement appropriate action plans to enhance financial controls and processes.
• Identify financial risks faced by the bank and work with other stakeholders to develop risk mitigation strategies.
• Monitor risk indicators and report on potential risks to senior management and the board.
• Collaborate with other department heads to present financial reports, analysis,and recommendations to the board of directors and senior management team.

Job Requirements

• Bachelor's Degree in Finance, Accounting, Business Administration, or a related field. Professional certification (e.g., ICAN, ACCA) is an added advantage
• Proven experience (minimum of 3 years) in financial control, auditing, or accounting within the banking or financial services sector.
• Strong knowledge of microfinance industry regulations and financial reporting standards with experience in creating financial statements and general ledger functions.
• Demonstrated ability to lead a team, manage multiple priorities, and meet deadlines effectively.
• Analytical mindset with excellent problem-solving skills and attention to detail.
• Proficiency in financial software and bankone application.
• Excellent communication and interpersonal skills to collaborate effectively with various stakeholders.