Job Summary
A well-established and expanding Microfinance Bank located in EISTI State is in search of a detail-oriented, compliance-focused, and suitably qualified financial expert to assume the role of Account Officer (Financial Control & Regulatory Returns).
Reporting directly to the Head of Financial Control (HFC), the ideal candidate will be instrumental in safeguarding the bank’s financial records’ accuracy, guaranteeing full compliance with Central Bank of Nigeria (CBN) and FDIC regulatory reporting standards, and managing routine accounting functions efficiently.
Key duties encompass planning, organizing, and overseeing projects from inception to completion, ensuring alignment with organizational goals and timelines. Collaborating with cross-functional teams, the role involves delegating tasks, monitoring progress, and addressing any obstacles to maintain efficiency and productivity. Additionally, the position requires regular performance evaluations, providing constructive feedback, and fostering professional development among team members. Analyzing data, identifying trends, and implementing data-driven strategies to enhance operational effectiveness are also critical components of this role. Furthermore, maintaining open communication channels with stakeholders, reporting on project status, and ensuring compliance with policies and regulations are essential responsibilities.
You will be responsible for preparing, reviewing, and submitting statutory returns—including daily, weekly, monthly, and quarterly filings—to the Central Bank of Nigeria (via FINA or other designated platforms) and the Nigeria Deposit Insurance Corporation (FDIC), as well as other relevant regulatory bodies, ensuring complete accuracy and strict adherence to prescribed deadlines.
Maintain precise general ledger records, validate postings, and ensure financial transactions adhere to International Financial Reporting Standards (IFRS) and national accounting regulations.
Conduct regular and meticulous bank reconciliations, inter-branch account reconciliations, and balance sheet reviews to identify and address discrepancies in a timely manner.
Tax Management: Support the accurate calculation, submission, and payment of all statutory taxes (WHT, VAT, PAYE) to State and Federal tax authorities.
Provide budgetary support by collaborating with the Head of Financial Control to develop annual budgets, implement budgetary control mechanisms, and conduct variance analyses.
Oversee the bank’s fixed asset register with precision, ensuring timely updates and accurate tracking of depreciation and capital expenditures.
Seeking candidates with a Bachelor’s degree in a relevant field, such as engineering or technology, alongside at least three years of hands-on experience in the industry. Proficiency in project management software and advanced analytical tools is essential, along with strong problem-solving abilities and meticulous attention to detail. The ideal applicant will demonstrate exceptional communication skills and the capacity to collaborate effectively within cross-functional teams. A commitment to continuous learning and staying updated on emerging industry trends is highly valued. Familiarity with regulatory standards and compliance requirements is also required.
A minimum qualification of a Bachelor’s degree or Higher National Diploma (HND) in Accounting, Finance, Economics, or an equivalent field is required.
Minimum of two to four years of hands-on accounting or financial control experience is required, ideally gained within a regulated financial institution such as a Microfinance Bank or a Deposit Money Bank.
Demonstrates an advanced proficiency in the CBN Revised Regulatory and Supervisory Guidelines for Microfinance Banks, IFRS standards, and financial reporting formats.
Professional certifications, including partial or full completion of examinations like ICAN (ACA), ARCA, or CBN (ACID), will be viewed favorably.
Highly skilled in Microsoft Excel and possesses practical experience with contemporary Core Banking Applications (CBA) and regulatory reporting portals.
We seek a candidate with exceptional integrity, sharp analytical abilities, a meticulous eye for detail, and the capacity to perform effectively under tight deadlines driven by regulatory requirements.
Interested and eligible candidates are encouraged to submit their application materials, including a detailed CV in PDF format, to the designated email address: a.funmilayo@resortconsult.com, with a copy also sent to info@resortconsult.com. The subject line of the email should include the specific job title for which they are applying.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
2 - 4 years