Summary
Date Posted: Wednesday, November 01 2023, Base Salary: Not Disclosed

JOB DETAILS:
Job Purpose(s)
• Overall responsibility for Strategy, Financial reporting and Performance management needs of the Bank.
• Effective management of regulatory reporting function including tax, and ensuring compliance with all relevant regulatory requirement

Responsibilities
• Supervises the smooth running of Finance department in relation to the following: accounting system, GL review & Integrity, Financial statement preparation, Financial Analysis, Ratings & market intelligence, and Fixed Asset management.
• Prepares accurate interim/quarterly and annual Bank financial statements that comply with local GAAP (and IFRS requirements for Group reporting purpose).
• Coordinates the preparation of the annual budgets of subsidiary entity,
• Coordinates Management Accounts preparation, and efficient Business Segment performance.
• Optimizes Bank’s performance on key indices
• Provides technical and strategic financial support to the CEO, the business units, and other functional units of the bank
• Files regularly all regulatory authorities/agencies return and ensure compliance.
• Ensures effective tax management including tax audit.
• Manages statutory and periodic audit of the subsidiary by regulatory authorities/external auditors
• Ensures all subsidiary’s finance team is adequately resourced, and coordinate training activities of Finance staff

Key Performance Indicators (KPIs)
• Achievement of Bank’s Deposit budget
• Effective tax rate (ETR) & Minimization of Back duty
• Accurate periodic Financial Reporting in line with IFRS
• Achievement of Bank’s PBT budget
• Agency Credit Rating & Provision of Strategic business support for improved performance
• Prompt rendition of returns

Job Requirements:
Education Requirements:
• Minimum of good first degree in a relevant discipline, (MBA, MSC, MA, ML and/or Professional Qualifications compulsory
Experience:
• A minimum of 11 years banking experience; 13 years non-banking but related experience.

Competence:
Knowledge:
• Knowledge of banking operations
• Industry knowledge.
• Comprehensive knowledge of regulatory pronouncements and financial laws.
• Credit products and dynamics

Key Skills:
• Strategy formulation & Business Awareness
• Resource Management
• Analytical Thinking
• Fraud Detection & Control
• Comprehensive Treasury skills
• Policy and Regulatory Interpretation skill and Implementation capability

Work Hours: 8

Experience in Months: 120

Level of Education: Bachelor Degree

Job application procedure
• Interested and qualified? Click here to apply

All Jobs

QUICK ALERT SUBSCRIPTION