Head, Financial Control at Personal Trust Microfinance Bank Limited

Personal Trust is a Microfinance Bank in Lagos and a subsidiary of First Ally Capital Limited (FACL). Formerly known as Personal Trust Savings and Loans, the Bank was registered in 1993 and operated as a Mortgage Bank until its conversion to a Microfinance Bank in 2014. Personal Trust has a branch network at strategic locations in Lagos State and provides banking services to individuals, micro, Small and medium enterprises (MSME).

We are recruiting to fill the position below:

Job Title: Head, Financial Control

Location: Surulere, Lagos
Employment Type: Full-time

Job summary

The Head Financial Control will support the Managing Director to develop and oversee the execution of a finance, treasury and management strategy that enables the achievement of long-term goals and operational plans.
The job holder will oversee the bank’s financial planning and strategy, financial management and control, treasury management, tax and other oversight functions.

Duties and Responsibilities

Contributes to the formation of the business strategy and ensure that all financial policies, procedures and systems are sound
Provides financial direction, planning and accounting to the business, covering short term and long-term financial goals
Management of treasury and investment to ensure optimal liquidity and negotiate/arrange external finance when required
Monitors banking activities and ensure regular reconciliations of all banking transactions
Develops plans, budgets, forecasts and financial results to guide management decisions by forecasting, analyzing variances and initiating corrective actions
Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances
Oversee the activities of external auditors, CBN and NDIC examiners and ensure 100% compliance with set guidelines
Manage relationships with regulatory and statutory bodies, i.e. LIRS, FIRS, etc.
Ensures adequate insurance coverage on all operational activity
Ensures adequate controls are installed and maintained to cover all financial transactions, including safeguarding financial assets.
Oversees activities of employees and teams (i.e. coaches, appraises, rewards, motivates, discipline, etc.).
Oversee any outsourced accounting functions
Ensure that financial reports comply with the International Financial reporting standard (IFRS) and constantly keeping abreast of developments in the space
Authorize expenditure/ transactions in line with the bank’s approval limits
Flexibility to carry out any other task as requested by Management.

Qualifications

HND / BSc in Accounting, Economics or a related field
Evidence of completion / exemption of/from NYSC
Professional qualification such as ICAN, ACA, ACCA
Evidence of completion of Microfinance Certification program

Experience:

Minimum of five (5) years’ experience in a similar role at a financial institution
Knowledge of Financial management systems, accounting policies and standards, tax management, costing accounting etc.
Treasury and investment management experience
Knowledge of the Microfinance banking framework

Skills:

Strong working knowledge of Excel
Strong presentation and financial modeling skills
High attention to detail.
Strong budget and management skills, including proven ability to manage project/process.
Ability to adapt to change quickly and multi-task.
Ability to deal with ambiguity, tight timelines, multiple priorities, and demanding customers, in a fast-moving, constantly changing environment.
High degree of professionalism, maturity and confidentiality.
Strong oral, written interpersonal and presentation skills.
Strong analytical and problem-solving skills.
Ability to work within and manage a team of professional, guiding and coordinating towards achieving common objectives.
Conflict resolution and / or mediation skills
Influencing and Negotiation skills
Strong leadership and excellent interpersonal skills.