Working under the General Manager, Finance the successful candidates will function as No.2 in the department and be responsible for the management and application of proper accounting standards. The incumbent will also be responsible for overseeing internal controls, strategic financial planning, implementation of annual budgets and administration of transactions generated by the bank's delivery of financial products and services. The Finance Manager will be expected inter alia:-
To liaise with auditors and ensure that recommendations are implemented;
Conduct financial analysis and advise the senior management of the bank;
Ensure reliability and integrity of financial management information systems and reports;
Provide timely and accurate information and reports on a regular basis to regulatory authorities, tax authorities, shareholders, and other stakeholders.
Propose financial objectives and targets for the annual budget and long-term financial projections to senior management;
Oversee the annual budgeting process, in coordination with other departments;
Manage the bank's liquidity to balance risk and ensure an appropriately diversified investment portfolio;
Conduct cost-benefit analysis of investment opportunities;
Maintain cash flow projections.
Chartered Accountant, CPA, or other recognized accounting certification;
Degree in business, accounting, finance or related area of study;
EXPERIENCE & COMPETENCIES REQUIRED
Minimum of 5 years financial management experience, preferably in a bank or financial institution;
Experience in budgeting, risk management activities, asset and liability management, international accounting standards, and management accounting systems;
Ability to think strategically using financial analysis;
Ability to present financial information effectively to both specialists and non-specialists;
Knowledge of international standard accounting systems, especially IFRS.