Financial Control Officer
Workforce Group | Lagos
Posted 22 Jul
Description
Our Client a new non Interest Bank is looking to hire a Financial Control Officer.
The ideal who will be responsible for:
- Preparation and management of the Bank’s strategy and annual budget
- Preparation of daily, monthly, quarterly, half- year and annual financial statements of the Bank
- Analysis of the Bank’s financial statements
- Proofing of fixed income securities ledgers
- Proofing of cash and cash equivalent ledgers
- Certification of the covenants with multilateral companies on FCY borrowings
- Preparation of inputs into the Regulatory Returns
- Preparation of Audit proofs
- Valuation of quoted and unquoted equity investments of the Bank
- Stress-testing of the Bank’s liquidity position
- Reconciliation of fixed income securities ledgers to CBN statement
- Monthly allocation of Operating and Staff Expense based on pre-defined parameters.
- Review of Staff payroll for accuracy and correctness.
- Timely update of corporate adjustment sharing agreements between teams.
- Co-ordination of MPR meetings and taking minutes of proceedings at the meeting.
- Proofing of Deposit liabilities, interest expense and Fee and Commission ledgers.
- Preparation of Divisional Performance Report
- Preparation of Expense Control Reports
- Rendition of:Daily Bank Returns, Monthly Bank Returns, Quarterly & Semi-annual Bank Returns, Daily and Monthly Trade Returns, Interest rate band report, SEC Quarterly forecasts, Financial Reporting Council of Nigeria returns and Nigeria Deposit Insurance Corporation returns
- Coordination of CBN/NDIC routine Examinations
- Supervision of External Audits
- Review of Ledger Creation
- Proofing of loans and advances assets ledgers
- Preparation of SEC quarterly and annual reports
- Preparation of financial statements approval documents
- Timely update of monthly withholding tax schedules and receipts per State (latest 21st of every month).
- Daily reconciliation of WHT on interest for Savings, Current and Time Deposit for all branches.
- Computation of Taxes/Self-Assessment
- Filing of Company Income Tax returns and Handling Tax Audit.
- Filing of Transfer pricing returns
Requirements
The Ideal Candidate must meet the following requirements
- A good first degree
- Certification in Accounting or Finance (ACA, ACCA, etc)
- Certification in Non-Interest Finance will be an added advantage
- Must have sound understanding of Non-Interest Finance
- Must have a good communication skills, strategic thinking, problem-solving skills and decision making skills
- Must have an analytical skills, Regulatory/Stakeholder/Relationship management skills, accounting and financial analysis skills
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Posted 09 SepProcess And Control Improvement Specialist
Nigerian Breweries | LagosDo you have experience in Audit, Control Design and Control Monitoring and a passion for Continuous Improvement? Would you like to work in an international and culturally rich environment, and join us on our journey to drive the continuous improvement, monitoring, design and implementation of processes and controls in Nigerian Breweries Plc to ensure efficiency and effectiveness? Then you might be the talent we are looking for! The position of Process and Control Improvement Specialist, is open, waiting for you to apply here. The core activity of the P&CI Specialist is to support the P&CI Manager in the following areas:Controls MonitoringProcess & Control ManagementContinuous Process Improvement (CPI). These activities drive the continuous improvement, monitoring/testing, design and implementation of processes and controls. Additional areas include:Risk ManagementComplianceFraud ManagementAssurance The P&CI Specialist need to maintain effective business relationships with internal and external stakeholders as well as other business partners.Key ResponsibilitiesProcess & Control ManagementSupport the P&CI Manager to ensure business processes and controls are appropriately designed, constructed, implemented, and maintained.Jointly drive with Local Management the design and documentation of business processes and controls, applying the global process design and management methodology.Ensure that controls are fully embedded in the design of processes, including Key Performance Indicators (KPI) defined by the Business. Identify and report any process activities that deviate from the standard or approved procedure. Control Monitoring:Provide direct support to the P&CI Manager to monitor and test control effectiveness and drive the implementation of remediating actions.Develops key control framework and execute a review of internal controls over financial reporting.Fraud and Risk management:Provide direct support to the P&CI Manager to lead the process of Risk Identification, Assessment and Response and monitor existing and emerging risks.Conduct Risk Assessment workshops with the Business, ensures relevant risk templates and documentation are used and drives the creation of risk responses.Support the business in developing action plans to mitigate, accept or transfer risk and monitors progress on an ongoing basis.Perform fraud and/or non-fraud investigations when requested by Local Management, Global Legal Affairs or Global Audit.Compliance management:Ensure that processes and controls are designed, implemented, and operating in line with the relevant policies, procedures, and HEINEKEN Rules.Stay informed about policy changes and assesses the impact on existing control frameworks.Provide advice, support, and challenge during the implementation of policies (global & local). Review new/updated policies & procedures Assurance activities:Work with the P&CI Manager to support Global and External Audit to efficiently plan and execute audits and to drive closure of audit findings.Participates in business process oriented internal control reviews, compliance audits and activities that deliver the P&CI plan to provide the business with comfort in the internal control environment. Continuous Process Improvement:Provide direct support to the P&CI Manager to embed a process improvement culture, drive process and control improvement and realize benefits.Challenge existing processes to identify improvement opportunities using benchmarks and external best practices.
Posted 28 Apr- About
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