Job details
Financial Control Officer Vacancy at Personal Trust Microfinance Bank Limited
Applications closed
This listing has reached its 60-day limit. Applications are closed on MyJobNigeria. This page is retained for reference.
About the role
Financial Control Officer job opportunity is available at Personal Trust Microfinance Bank Limited for individuals who possess relevant qualifications.
Job Summary
The Financial Control Officer will provide support to the Financial Control Team by carrying out accounting and reporting functions to aid decision making.
Responsibilities
- Carry out treasury and investment functions to ensure optimal liquidity management
- Ensure regular reconciliation of all Bank statements and General Ledgers.
- Prepare weekly, monthly and quarterly financial reports
- Ensure financial reports are in compliance with the International Financial reporting standard (IFRS).
- Monitor financial performance by measuring and analyzing results; initiating corrective actions and minimizing the impact of performance variances
- Manage relationships with regulatory bodies e.g. LIRS, FIRS etc. and ensure timely remittances of returns.
- Ensure adequate insurance coverage on all operational activity
- Ensure adequate controls on all financial activities to safeguard financial assets.
- Authorize expenditure/ transactions in line with the bank’s approval limits and budget
- Carry out performance management functions
- Maintain fixed asset register
- Support the Operations department in transaction processing
Experience and qualifications
- HND/BSc/ in Accounting, Economics or Banking and Finance
- Evidence of completion/ exemption of/from NYSC
- ICAN or ACCA qualification
- Minimum of five (5) years’ cognate experience in a Microfinance Bank
- Knowledge of financial management systems, accounting policies and standards, tax management, International Financial Reporting Standards, banking regulations, etc.
- Experienced in treasury and investment management functions.
- Knowledge of the Microfinance banking framework
- Experienced in the preparation of financial/management reports
- Strong analytical mind with a flair for numbers and accuracy
- Strong client relationship management and customer service skills
- Team player with the ability to work with multiple parties
- Advanced computer software skills, including Microsoft excel and PowerPoint presentation skills.
Application deadline
September 11th 2020
Application details
Applications closed. Application contact details and links are no longer available for this listing.
WHO IS Personal Trust Microfinance Bank Limited?
Personal Trust Microfinance Bank is a microfinance bank operating in Lagos, Nigeria. The Bank was licensed by the Central Bank of Nigeria to operate as a state microfinance bank in year 2014. Formerly known as Personal Trust Savings and Loans, it was first registered in 1993 and operated as a mortgage bank until its conversion in 2014. Following the enabling framework by the Central Bank of Nigeria in respect of microfinance banks, the Bank’s parent company First Ally Capital Limited acquired the extant mortgage bank and converted it into a microfinance bank in October 2014 with a share capital of about N632 million. Accordingly, Personal Trust Microfinance commenced its business of catering to the unbanked and underbanked public. The focus of the Bank is provision of microfinance services to individuals, small and medium scale enterprises. Ultimately, the objective is to grow the Bank to a National Microfinance Bank. The Bank engages broadly in the provision of Savings Products, Loan products and Tailored products based on the need of its customers. During our over twenty-one years of operation, we recorded several achievements including the financing of Ojora Shopping Complex and development of Lake View Housing Estate in Amuwo Odofin.
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