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 will provide strategic insights to drive profitability, and ensures adherence to industry regulations while aligning financial operations with the bank’s overall business objectives.

Key Responsibilities:

• Full responsibility for the production of monthly management accounts
• Review and approve all reconciliation and schedules such as bank statements, schedule of accrued charges, prepayments etc.
• Consolidation and reporting to senior management
• Take ownership of an fund raising activity
• Provide strategic support to the CEO
• Preparation of monthly budgetary control and performance.
• Preparation of overall annual budget of the bank, including the assumptions and the ratios.
• Treasury management and monitoring
• Preparation of budget/financial plan & forecast.
• Assist in the preparation and review of all monthly and quarterly reports for Board, Shareholders, Regulatory bodies etc.
• Follow up on budget implementations and limits as it relates to each department. Investigates variances between budget and actual.
• Perform financial control functions.
• Statutory reporting and year-end duties
• Develop and manage liquidity management tools
• Preparation of monthly management accounts and other financial accounts
• Assist Senior Managers in financial management and reporting activities.
• Conduct finance audit periodically and recommend improvements.
• Develop financial policies and procedures for operational efficiency.
• Develop and maintain financial statements for future reference.
• Monitor and manage expenses within the established budget.
• Implement a structured and robust Finance department
• Work with External Auditors for regular audit of accounts