Job description
The Head of finance department will be tasked with overseeing the bank’s financial strategy and planning, ensuring financial stability and regulatory compliance, optimizing capital management, financial reporting, risk assessment and cost efficiency. This executive provides strategic insights to drive profitability, and ensures adherence to industry regulations while aligning financial operations with the bank’s overall business objectives.
Develop and manage financial planning processes, including forecasting, budgeting, and financial modeling to support the bank’s strategic objectives.
Oversee financial risk assessments, including credit, and liquidity risks, while developing strategies to mitigate financial exposure.
Ensure compliance with financial regulations and standards, including local banking laws and reporting requirements.
Manage cash flow, liquidity, and capital adequacy to optimize the bank’s financial position and support operational needs.
Prepare and present timely, accurate financial budget and report to senior management, the board of directors, and external stakeholders.
Collaborate with internal and external stakeholders, including auditors, investors, and regulatory bodies, to ensure clear communication and alignment with financial goals.
Develop financial and tax strategies
Develop performance measures and monitoring systems that support the company’s strategic direction
Manage the capital request and budgeting processes
etc.
Key Requirement:
Minimum of a first degree in Finance, Accounting, Economics, or a related field from a reputable University. ICAN and MCIB Certification preferred.
Minimum of 10 years of experience in the financial services sector, with at least 5 years in a senior management role. Microfinance Bank Experience is an added advantage.
Experience in a senior leadership team
Hand-on experience as a head of finance/accounts
Budgeting, financial reporting, audits and MFB skills
Interested and qualified candidates should forward their CVs to: recruitment@assetsmfb.com
Apply via :
recruitment@assetsmfb.com