Job Description


The prospective role holder will contribute to the overall success of the organization by effectively managing Financial Reporting and Accounting processes.


Responsibilities


Ensure company level books closing process every month, quarter and year in terms of timelines and accuracy. 
Preparation of Financial Statements (Balance Sheet, Profit and Loss Statements, Cash Flows and Notes on Accounts as per applicable IFRS and Banking Regulation by CBN).
Function as the custodian of the internal control framework as required by Regulation and drive cross functional compliance. 
Review of work related to vendor payments and ensure completeness of month end provisions. 
Ensure compliance of all statutory requirements related to Direct and Indirect taxation of the organization are met, including timely and accurate submissions returns, proper documentations, etc. 
Conduct reviews of the banking operations, analysis of trial balances including aging, movement, recoverability and impairment and perform variance analysis and sense checks. 
Ensure adherence to audit requirements including co-ordination with Statutory, Tax and Internal Auditors, regulatory audits, for timely closure as per calendar. 
Implement and ensure compliance with internal financial and accounting policies and procedures.
Maintain Financial Delegation of Authority (FDoA). 
Document and maintain complete and accurate supporting information for all financial transactions.
Develop and implement policies and procedures as required to ensure that company financial information is secure. 
Specify accounting and tax implication when new products are rolled out. 
Governance of tax accounting done by Shared Services team and guide them with relevant rules, steps etc.
Develop, implement, and maintain Chart of Accounts at Company Level. 
Develop and maintain financial accounting systems for Accounts Payable, Accounts Receivable, Fixed Assets, payroll etc., Manage the bookkeeping function using the Accounting Packages, including maintenance of the general ledger, accounts payable, accounts receivable etc.


Qualifications

Educational Qualifications


Minimum of a First Degree in Accounting, Finance or related disciplines. 
ACCA or ACA is required.


Relevant Experience


Minimum of 8 years of work experience in banking/financial services industry 
Experience of working in an Accounting /FINCON function in a Bank is a mandatory requirement.
Understands accounting principles, standards (IFRS) and Banking Regulations. 
High level of proficiency in the using the Oracle Flexcube/Accounting software
Proficient in using Microsoft Offices Software.
Proficient in the use of Microsoft office tools and accounting packages 
Good Interpersonal relationship required 
Strong problem solving and analytical skill
  • Finance
  • Accounting
  • Audit