Head, Finance

Planning, managing, and controlling all finance and accounting related functions for the company. This will include direct responsibility for business analysis and planning, financial systems, financial controls, accounting, financial and external reporting, budgeting, treasury and cash management, tax compliance, filings and other areas as appropriate.
Reports To Managing Director
Directly Supervises
 Financial Control & Reporting Officer
 Team Lead, Regulatory Reporting
 Team Lead, Performance Management

Job Responsibilities          

Advise management on fiscal control and profitability and ensure transparent management of FABL Liberia’s fiscal operating results

Support the formulation of strategic and medium term business plans  which contain financial insight to the businesses and oversee implementation

Provide direction to FABL, Liberia  on financial expertise based on regular performance issues, through quality variance analysis of financial performances

Collaborate and coordinate the activities of external suppliers of financial services hired or contracted by the bank, including accountants, auditors, financial consultants, underwriters and brokers, the banking system and other financial venues

Direct and implement FABL Liberia’s  financial and management policies and procedures in support of capital, investment, portfolio allocation and strategic business decisions, including financial and regulatory reporting, budgeting, forecasting and balance sheet management

Oversee the budget process, collate inputs, and compare the company’s actual performance with budget

Ensure credibility by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the MD/CEO, the Board of Directors and other Senior Executives in performing their responsibilities

Provide direction on  management of balance sheet and liquidity and interest rate risk through the select process with an objective on compliance with FABL and regulatory ratios and reporting requirements

Employ the use of tools like the balanced scorecard, dashboards, and financial statement and ratio analysis to communicate the company’s financial performance

Manage operational risk of the finance function through application of FABL Liberia’s  Financial Control Policy and Operation Risk Management Framework

Manage required periodic financial statements (balance sheet, income statement, and cash flow statement) and oversee preparation of annual audit and tax submissions

Collaborate with FABL Tax and local tax advisors to support the effective management of local tax liabilities

Understand all of the company’s liabilities and maintain appropriate levels of operating loan loss, investor liquidity and borrower reserves

Manage external statutory audit requirements i.e. rationale for accounting positions, analytical and risk reviews

Represent the company to financial partners, including financial institutions, investors, board, auditors etc

Create and maintain effective financial information systems to meet regulatory reporting requirements

Continually evaluate the finance team structure and plan for ongoing improvement of the efficiency and effectiveness of the group, as well as providing individuals with professional growth plans

Champion the drive for the development and implementation of re-engineering initiatives, i.e. Finance Transformation.

Key Performance Indicators        

Department/Unit expenses vs. budget

Operating Profit

Available working capital

Return on risk weighted assets

Customer Net Promoter Score (Internal customers of Org. Unit)

Accuracy of capital deductions

Job Competency Requirement    

Professional Attributes

Business Knowledge

Personal Attributes

Leadership Skills

FABL Financial Policies

Financial Analysis/ Interpretation

Payroll

Cost Accounting

Management Accounting

Budgeting & Forecasting

Tax Management

Fixed Assets / Capital Accounting

Reconciliations

Job Specifications

§  A University degree in Accounting/Finance or other related disciplines.

§  Post-graduate or professional qualification is an advantage.

§  8 – 10 years working experience with a minimum of 4 years at supervisory level, within the Banking industry.

How to Apply
All applications should be sent to career@gurushrconsultancy.com, ladythebam@yahoo.com, and jkotee@gurushrconsultancy.com, clearly indicating the job title and reference number in the subject line of the email.