Job Description
NOBLE MICROFINANCE BANK LTD.EXECUTIVE VACANCYHEAD OF FINANCE
Location: Onitsha, Anambra StateEmployment Type: Full-TimeReports To: Managing Director/CEOSupervises: Financial Control, Financial Reporting, Treasury, Budget & Planning, Regulatory Reporting, Accounts Payable, Accounts Receivable, Payroll (where applicable), Tax & Financial Operations
About Noblee Microfinance Bank
Noble Microfinance Bank Limited is a newly re-enginnered, technology-driven financial institution committed to delivering innovative, inclusive and customer-centric financial services to individuals, entrepreneurs, SMEs and communities across Nigeria.
As part of our pioneer management team, we seek an accomplished finance professional with exceptional technical competence, commercial insight and impeccable integrity to lead the Bank's Finance Directorate and establish a best-in-class financial management and control environment.
This is an opportunity to shape the financial foundation of a new institution and play a key role in its long-term success.
Position Summary The Head of Finance shall provide strategic financial leadership and oversee all accounting, financial reporting, treasury, budgeting, tax, regulatory reporting and financial control activities of the Bank.
The successful candidate will ensure the integrity of the Bank's financial records, safeguard assets, optimize financial performance, maintain statutory compliance and provide strategic financial advice to Executive Management and the Board.
The role requires a finance executive with extensive banking experience, sound knowledge of CBN prudential guidelines, IFRS, BOFIA, NDIC regulations and financial risk management.
Key ResponsibilitiesStrategic Financial Leadership
· Develop and implement the Bank's financial strategy in alignment with corporate objectives.
· Advise the MD/CEO and Board on strategic financial matters.
· Drive sustainable profitability and shareholder value.
· Lead financial planning and capital optimization initiatives.
· Support expansion and business growth through sound financial analysis.
· Develop financial policies, procedures and internal controls.
· Provide financial insight to support strategic decision-making.
· Champion a culture of financial discipline and accountability.
Financial Reporting & Control
· Prepare accurate monthly, quarterly and annual financial statements.
· Ensure compliance with International Financial Reporting Standards (IFRS).
· Maintain the integrity of the Bank's general ledger.
· Supervise financial closing processes.
· Review journals, reconciliations and financial adjustments.
· Ensure timely publication of management accounts.
· Maintain accurate accounting records.
· Implement strong financial controls across all operations.
Budgeting & Financial Planning
· Coordinate annual budgeting processes.
· Develop rolling financial forecasts.
· Monitor budget performance.
· Analyse budget variances.
· Recommend corrective actions.
· Support strategic planning exercises.
· Monitor departmental expenditure.
· Evaluate financial viability of new initiatives.
Treasury Management
· Manage daily liquidity.
· Maintain optimal cash positions.
· Monitor investment of surplus funds.
· Ensure efficient fund utilization.
· Manage banking relationships.
· Supervise treasury operations.
· Monitor interest rate exposures.
· Ensure compliance with liquidity requirements.
Regulatory Reporting
Ensure timely submission of all regulatory returns, including:
· CBN Returns
· NDIC Returns
· Tax Returns
· Financial Statements
· Prudential Reports
· Statutory Financial Reports
· Other regulatory filings as required.
Tax Management
· Ensure full tax compliance.
· Manage PAYE administration.
· Coordinate withholding tax obligations.
· Manage VAT compliance.
· Liaise with tax authorities.
· Support tax planning initiatives.
· Minimize tax exposure within legal limits.
· Coordinate tax audits.
Internal Financial Controls
· Develop financial control frameworks.
· Prevent fraud and financial irregularities.
· Ensure segregation of duties.
· Strengthen approval controls.
· Conduct financial risk assessments.
· Recommend process improvements.
· Monitor control effectiveness.
· Support internal and external audits.
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