View Jobs at Bosak Microfinance Bank Limited |
Full Time Jobs |
Ikeja Lagos |
Posted 3 weeks ago |
Job Title: Senior Financial Control Officer
Job Summary
- Strong understanding of accounting principles and finance
- Excellent analytical skills for interpreting financial data
- Experience with financial reporting and creating financial statements
- Attention to detail and accuracy in financial analysis
- Promptness in Posting of Transactions
- Income Statement and Balance Sheet Review
- Weekly/Monthly Bank Reconciliations
- Preparing General Ledger Reconciliation
- Monthly Update of Fixed Asset Register
- Preparing Monthly Journals
- PAYE/WHT Remittances, Receipts documentation
- Raising Internal Memos
- Preparing Monthly Management Account
- Raising Monthly Journals.
Key Responsibilities
- Financial Management: Oversee day-to-day financial operations, including accounts payable/receivable, payroll, budgeting, and financial reporting.
- Budgeting and Forecasting: Develop and manage the annual budget and financial forecasts. Monitor financial performance against budgets and provide variance analysis.
- Financial Reporting: Prepare and present accurate and timely financial reports, including monthly, quarterly, and annual financial statements, in compliance with relevant accounting standards.
- Regulatory Compliance: Ensure compliance with all relevant financial regulations, including Central Bank guidelines, tax laws, and other legal requirements. Prepare reports for regulatory bodies as required.
- Internal Controls: Implement and maintain robust internal controls to safeguard the bank’s assets and ensure the accuracy and reliability of financial information.
- Cash Flow Management: Monitor and manage the bank’s cash flow to ensure liquidity and optimize the use of funds.
- Audit Coordination: Coordinate with external auditors during financial audits, ensuring all necessary documentation and information are provided.
- Financial Analysis: Conduct financial analysis to support decision-making processes. Provide insights on cost control, profitability, and financial performance.
- Team Management: Lead and mentor the finance team, ensuring professional development and the effective execution of financial tasks.
- Collaboration: Work closely with other departments to provide financial insights and support business operations. Assist in the development of financial strategies and initiatives.
- Technology and Process Improvement: Identify opportunities to improve financial processes andsystems, leveraging technology to enhance efficiency and accuracy.
Qualification / Requirements
- A Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
- Professional certification in Accounting, such as ICAN or ACCA is compulsory.
- Proven work experience with a minimum of 5 years Banking experience
- Experience in the banking or microfinance industry
- Strong understanding of microfinance operations and regulatory requirements.
- Proven experience in budgeting, financial reporting, and financial analysis.
- Excellent leadership and team management skills.
- Strong analytical and problem-solving abilities, with a keen attention to detail.
- Strong knowledge of accounting regulations and procedures, including Generally Accepted Accounting Principles (GAAP).
- Proficiency in Microsoft Office Suite and accounting software.
- Understanding of banking and financial services business model and unit economics.
Salary
N220,000 – N350,000 monthly.
Why Work with Bosak MFB Ltd?
- If you desire to work in an organization where employee motivation is key and passion is rewarded, then Bosak MFB might be the place for you.
- We are committed to building an open and rewarding work environment where all employees have equal opportunities for growth to realize their full potential.
- Our remuneration and employee welfare packages are among the best in the industry.
We offer the following Benefits:
- HMO
- Constant Training and Development
- Leave & Passage Allowance
- Performance Induced Pay
- 13th Month.
Application Instructions:
The application deadline is no 1st February, 2025. Qualified and interested candidates should send their updated Resume to: [email protected] using the Job Title as the subject of the email.
Note: Only qualified candidates will be contacted. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.
Website:
Official Job Website:https://www.bosakmfb.com/
Job Features
Job Category | Financial Controller |