MKOBO Microfinance Bank Job Vacancy : Financial Manager

MKOBO is a fully licensed Microfinance bank by the Central Bank of Nigeria (CBN) in Lagos, Nigeria. MKOBO was conceived to help solve consumers’ need for access to short-term emergency credit. Our goal is to provide access to short term unsecured loans, which is easily accessible. We cater to the demography currently underserved by the Commercial banks in our aim to help increase financial inclusion of the Nigerian population.

We are recruiting to fill the position below:

Job Title: Financial Manager

Location: Lagos

Key Responsibilities

Full responsibility for the production of monthly management accounts
Review and approve all reconciliation and schedules such as bank statements, schedule of accrued charges, prepayments etc.
Statutory reporting and year end duties
Consolidation and reporting to senior management
Preparation of monthly budgetary control and performance.
Preparation of overall annual budget of the bank, including the assumptions and the ratios.
Treasury management and monitoring
Raising invoices and ensuring invoices are paid promptly and on time.
Preparation of 5 years financial plan / forecast.
Assist in the preparation and review of all monthly and quarterly reports for Board, Shareholders, Regulatory bodies etc.
Follow up on budget implementations and limits as it relates to each department. Investigates variances between budget and actual.
Perform financial control functions.
Develop and manage liquidity management tools
Preparation of monthly management accounts and other financial accounts
Assist Senior Managers in financial management and reporting activities.
Manage account payables and receivables activities.
Conduct finance audit periodically and recommend improvements.
Develop financial policies and procedures for operational efficiency.
Develop and maintain financial statements for future reference.
Monitor and manage expenses within the established budget.
Implement a structured and robust accounting department
Work with External Auditors for the yearly audit of the accounts