Job Background/context:
The Country Finance Officer and Controller is responsible for all aspects of Finance in Nigeria as well as the countries in West and Central Africa (WCA) (Cameroon, Congo, Gabon, Ivory Coast and Senegal) : driving legal entity performance, ensuring all Financial control processes are in place, delivering accurate, complete/timely local financial, statutory and regulatory reporting as per the applicable local rules and local / IFRS accounting standards with sound controls, as well as developing Finance talent and bench strength for the country.
Job Purpose:
Managing all Finance activities and local reporting for the Nigeria and managing the Country Finance teams of WCA.
Key Responsibilities:
Closely monitoring legal entity economic conditions and financial performance, including a comprehensive review of the legal entity’s balance sheet and profit and loss (P&L), identifying, and assessing key financial and strategic issues and ensuring proper checks and controls are in place
Managing legal entity’s finance requirements including regulatory reporting obligations, liquidity and capital levels and relevant ratios/limits and other key financial indicators
Ensure compliance with any local capital requirements and ensuring that relevant Asset and Liability Committees are informed of all capital requirements
Support Finance activities required for Local Regulatory Processes such as local ICAAP, resolution and recovery plans, and capital stress testing, if required
Actively participate in Country Franchise governance committees and board meetings at legal entity level
Be a strategic partner with the businesses, supporting any new business launch, new product introductions, and providing value added financial expertise on franchise related issues including advice on accounting implications
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable local laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards (in coordination with Compliance and Risk)
Responsible for managing engagement with local regulatory bodies and providing clear/consistent regulatory messaging of country’s narratives with a focus on core activities such as regulatory exam management, supervisory meetings and information requests and responses to supervisory letters
Follow common standards, procedures and governance processes to create consistent and best-in-class regulatory relations and communications protocols, and analyze and report regulatory engagements to identify, monitor, and escalate regulatory themes, trends and risks
Collaborate with external and internal auditors to maintain integrity of financial, statutory, and regulatory reports, ensure compliance with local laws and regulations, help accomplish objectives by bringing a systematic approach to evaluate and improve effectiveness of risk management, control and governance processes
Development Value:
Coordinating and managing the Finance function in Nigeria and WCA
Exposure to country and cluster management for Nigeria, Sub-Sahara Africa and Middle East and Africa respectively, as well as Banking &International Finance leadership
Participating in senior management committees and in decision making process to manage country franchise when necessary.
Knowledge/Experience:
Minimum 15 years post- qualification experience working for an internationally reputed bank’s Finance Department
Strong knowledge of banking products and businesses for the entire bank
Strong knowledge or risk and controls
Knowledge of bank’s systems, e.g. Flexcube, Smart, etc. Skills:
Skills
Good accounting technical skills
Strong leadership skills to manage the Country CFO/Controls and Nigeria Country finance teams remotely
Financial modelling and analytical skills Qualifications:
Qualifications
Chartered Accountant or equivalent
Competencies
Strong interpersonal and communications skills (English or Arabic)
Ability to manage and motivate a team of finance professionals
Good teamwork and project management skills
Ability to influence
Apply via :
jobs.citi.com
