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Chief Financial Officer at an established retail banking institution

We are an established retail banking institution, with affiliation to a well diversified Nigerian Group with interests in Insurance, Telecommunications. Aviation, Real Estate and financial services.

We require the below personnel to be part of the dynamic team

Position: Chief Financial Officer – Ref: GTB/FIN/CFO/01

Job Objectives

  • To play a crucial role in developing and implementing the Bank’s strategy as approved by Board of Directors and to oversee both the strategy and financing function of the Bank.

The CFO will be responsible for supervising the budgetary process, assess and evaluate actual performance against budget, develop strategy and mechanical goals and to provide management support on a day to day running of the finance function.

Duties and Responsibilities

  • Support the MD on strategic and finance related functions of the bank.
  • Support the MD and the business in meeting revenue target, minimize cost and maximise profitability.
  • Keep the Bank’s strategy in focus at all times to avoid derailment continuous review of Bank’s strategy and benchmarking to align strategy to changes in the local in the local and international market.
  • Direct supervision of the on all finance related function to ensure optional performance in meeting both external and internal reporting deadlines.
  • Supervise the budgeting process to ensure timely completion of the budget, undertake bi-annual budget
  • Oversee GL management and security; ensure compliance with relevant Generally Accepted Accounting Principles and regulatory requirements and maintain internal control safeguards and Coordinate all audit activities.
  • Oversee cash flow planning and ensure availability of funds as at when needed.
  • Oversee the financing strategy, cash management, investment and asset management.
  • Ensure maintenance of appropriate internal controls and financial procedures.
  • Develop timely and accurate financial and management reports reflecting true financial activities of the bank.
  • Coordinate annual audit activity; file efficient and timely corporate tax returns.
  • Ensure compliance with legal and regulatory requirements in all finance related functions.

Job Requirements

  • First degree in any field (in addition to a professional qualification in accounting such as ACCA, , CPA)
  • Must have at least 10 years working experience of which 8 must have been in the banking industry

Key Competency Requirements

Knowledge

  • The CFO must be a seasoned and matured Accountant with at least 10 years experience in auditing and banking.
  • Must be a self starter, motivated and a solution driven and proactive person with sound leadership qualities.
  • The  CFO must ideally have experience managing finance, budgeting control and reporting functions in banking
  • The CFO must be familiar with banking regulations and understand the impact and dictates of other legal framework in relation to Kinking.

Skills

  • Ability to evaluate and interpret financial statements will sound financial management capability.
  • Strong  interpersonal and communication skills

General

This position attracts competitive remuneration and a range of benefits that are commensurate with the responsibilities of this international position.

To Apply

Interested candidates are required to forward brief but comprehensive resumes (quoting the reference number of each position) providing details of current remuneration and contact details. On or before 9th March, 2010 corporatewebmails@gmail.com

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