Financial Controller (Micro-Finance Bank) at Dove Consulting

Job Description

• This senior management role makes critical contributions to the achievement of business plans through advice, management reporting, continual development of controls and implementation of financial policies and systems to safeguard the assets of the bank.

Responsibilities
Leadership Responsibility:

• Lead and motivate team to deliver departmental objectives
• Agree objectives for team members and track their achievements
• Co-ordinate functional performance management process

Management Information & Reporting:

• Collate and consolidate trial balance and financial reports
• Prepare a comprehensive, proactive and timely financial and management information including tax, cash flow and statutory accounts
• Publish the quarterly CBN returns

Deposit and Credit:

• Deliver deposit and account opening targets

Business Performance Management:

• Drive the financial efficiency of the bank
• Develop and own key financial processes including budgeting, internal control, financial accounting and reconciliation
• Ensure the delivery of functional performance promise
• Ensure the full and prompt implementation of internal and external audit recommendations
• Liaise with the CBN and other regulatory agencies

Internal Control Function:

• Design and implement systems to ensure compliance with tax and other financial regulatory provisions
• Maintain sound financial controls in payments, ledger update and treasury activities
• Responsible for accounting controls over cash movement
• Responsible for proper capturing of financial transactions
• Review and validate the accuracy of general ledger codes
• Responsible for bank account reconciliations
• Maintain fixed asset register and ensure the documentation of capital expenditure to meet tax and other regulatory requirements
• Liaise with the internal and external auditor.
• Ensure the full and prompt implementation of internal and external audit recommendations

Budgetary control:

• Drive the preparation of financial plans and budgets to support business operations
• Co-ordinate financial planning
• Provide financial support to the strategic planning process
• Ensure efficient budgetary control system through monthly variance reporting to achieve approved departmental budget

Skills

• Conversant with the key drivers of the financial system
• Must have a flare for details
• Strong analytical skills, leadership ability, and the ability to communicate effectively.
• Honesty, transparency, and integrity
• Positive energy and drive coupled with the ability to work independently and handle complex business problems
• Able to deliver stretching targets
• Must have used a standard accounting or banking software and must be proficient in the use of Microsoft Excel, Microsoft Word, and Microsoft PowerPoint.