Career Openings at MacTay Consulting


MacTay Consulting - We are one of the first and leading management consulting firm in Nigeria, providing HR services to our clients in Africa since 1982. We focus on adding value to organisations through customized solutions that meet our clients’ needs. We have a proven track record of providing excellent services that impact our clients’ businesses.

We are recruiting to fill the position below:

 

 

Job Title: Financial Controller

Location: Lagos
Employment Type: Full-time

Job Objectives

  • Reports and deputizes for the CFO.
  • Involved all financial strategy and planning.
  • Supervise all accounting functions and their accounting practices, budget preparation, financial reporting, tax, and audit functions. Champion cost containment / reduction initiatives and support decision making in his strategic business area.

Job Responsibilities

  • Work with the CFO on the development and implementation of the strategic vision including fostering and cultivating stakeholder relationships.
  • Participate in developing new business, specifically: assist the MD in identifying new funding opportunities and drafting prospective programmatic budgets.
  • Assist the CFO on all strategic matters as they relate to budget development and management, cost benefit analysis and forecasting needs.
  • Ensure smooth functioning of the Financial Control function.
  • Involved in the management and coordination of all fiscal reporting activities for the organization including organizational operating income /expense and balance sheet reports, reports to the board and the regulator.
  • Develop and maintain systems of internal controls to safeguard the financial assets of the bank.
  • Oversee the coordination and activities of independent auditors as well as attending Board and Subcommittee meetings.
  • Protection of the bottom line through extended transparency and dynamic performance management.
  • Cost management for the centralized operating expenses areas.
  • Involved in the administration of the bank’s recurrent and capital expenditure budgets.
  • Ensure timely and accurate preparation and circulation of appropriate monthly management accounts and reports to both senior management and directors.
  • Drive budget achievement in each strategic business area.
  • Implement financial policies and processes to increase organizational effectiveness and efficiency.
  • Ensures the compliance with all financial regulatory laws.
  • Conduct Monthly Performance Review sessions.
  • Oversee the development and distribution of the annual budget for each business area and ensure that it is strictly adhered to.
  • Ensure the proper management and distribution of financial resources.
  • Carry out market intelligence on potential growth and expansion opportunities.

Key Performance Indicators:

  • Budget achievement
  • Adequacy of content of MIS report to effectively aid decision making.
  • Accuracy and integrity of MIS reports
  • Zero regulatory infraction
  • Cost / income ratio
  • Timeliness of reporting to the corporate center

Job Requirements
Education

  • Bachelor’s Degree in Business, Finance, Accounting, or relevant field with a minimum of second class upper
  • Professional qualification in ACA / ACCA / CFA
  • MBA in Finance would be an added advantage.

Experience:

  • Minimum of 10 years post qualification experience in Finance and Performance management role within the Financial Services Industry, of which at least 5 years must have been at a senior management level.

Key Competency Requirements:
Knowledge:

  • Experience in playing a significant role in the organization’s strategy committee through team leadership.
  • Knowledge of CBN electronic software reporting module.
  • Proficiency in Microsoft Office Suite as well as knowledge of Management reporting software with a view to qualitative reporting
  • Knowledge of International Financial Reporting Standard
  • Knowledge of CBN reporting requirements.
  • Experience on budget formulation and control
  • Extensive knowledge of the Financial and banking sector (International & domestic).
  • Good policy development and management.
  • Financial acumen

Skill / Competencies:

  • Dynamic, analytical, and self - driven individual with the ability to work under pressure.
  • A passion for performance, team play and achievement in a competitive and dynamic environment.
  • Hardworking, strategically-minded individual with excellent communication, analytical and interpersonal skills
  • Must have excellent leadership, organizational and planning skills.
  • Excellent persuasion and negotiation skills, networking skills and sound knowledge of the Banking environment.
  • Strong and well-defined leadership qualities; visionary, honest & open, personal integrity and role model.

 

 



Job Title: Relationship Manager

Location: Lagos
Employment Type: Full-time

Job Objectives

  • Establish and maintain relationship with clients, by providing professional and specialized financial solutions in all areas.
  • Growth and revenue drive for the Bank.

Job Responsibilities

  • Overall responsibility for implementing and driving the sales strategy for the bank.
  • Responsible for directly meeting the business annual revenues target for the assigned portfolio of over N ---- billions p.a.
  • Develop and manage the sales pipeline for the assigned portfolio.
  • Acquisition of new business through aggressive marketing
  • Cross functional liaison and co-ordination, interacting with colleagues within the corporate bank and other Units including operations, markets, transaction services and compliance among others.
  • Ensure consistent customer satisfaction through regular calling and feedback to the Corporate Bank Head
  • Responsible for credit presentations and seeking credit approvals for the assigned portfolio.
  • Enhancing customer loyalty to ensure retention of clients.
  • Maintain high control & ethical standards.
  • Meet with existing customers to strengthen business relationships with a view to increase financial growth of the bank.
  • Implement marketing strategies / programs laid out by the bank to boost business development.
  • Listen to customer requirements and present solutions to make a sale.
  • Perform other related duties as assigned by the Divisional Head.

Key Performance Indicators

  • Delivery of all Set Financial targets
  • Achievement of Contribution target
  • Achievement of Demand deposit volumes and Time deposits
  • Achievement of Trade Volumes
  • Customer Service delivery – Customer Satisfaction rating.

Job Requirements
Education:

  • Minimum Educational Level - Bachelor’s degree in any discipline, with second class upper division.

Key Competency Requirements:
Knowledge:

  • Good Knowledge of the various Industries and customers businesses
  • Good Knowledge of the products and services of the bank.
  • Knowledge of Finance, Accounting and Economics
  • Business development and acquisition
  • Banking Operations, Policies, and Procedures.
  • Excellent knowledge of Selling / Marketing.
  • Knowledge of current business trends and CBN Regulatory laws.

Skill / Competencies:

  • Ability to evaluate needs of customers and determine what products or services would best serve those needs.
  • Excellent Communication skills – oral and written.
  • Must be Strong, Tenacious and Persuasive.
  • Strong Selling / Marketing skills
  • Must be self-driven and have a passion for Marketing.
  • Good Relationship management skills
  • Confident and possess excellent Networking skills.
  • Process oriented - good planning & organization skills.

 

 

Job Title: System Auditor

Location: Lagos
Employment Type: Full-time

Job Responsibilities

  • To deliver an independent, effective and efficient internal audit service.
  • To perform the required audit tests and procedures of operational, financial and compliance audits with policies, procedures and regulations to evaluate and improve efficiency, promote good corporate governance.
  • Provide an independent appraisal of the adequacy and effectiveness of the system controls set up by management to help run the organization and recommending relevant changes on areas requiring improvement.
  • To ensure that business applications in various units of the Bank meet the intended benefits and are optimally utilized.
  • Conduct periodic review of the business and operational risks to assess the effectiveness of established controls and compliance across the Bank and its subsidiaries.

Information Technology Audit & Control:

  • Perform a daily review of IT user Activities on the Core Banking Applications
  • Perform periodic User Access Rights review
  • Application Change & Development Management
  • Perform daily review of Voice Logger Application for Treasury department Trades
  • Perform periodic reasonableness test on systems parameters and controls
  • Support in the implementation of new systems and applications
  • Assist in developing and executing a risk-based sampling and testing approach to determine whether the most important controls are operating as intended.
  • Assist with periodic / quarterly audits to assess the effectiveness of established controls and compliance.
  • Keep abreast of industry trends, events, issues, and developments to enable the development and implementation of appropriate control measures, monitoring mechanism as well as their continuous update / revision.
  • Stay abreast of developments in professional auditing standards
  • Assist in the prevention and / or detection of operational / fraud / business losses.

Job Requirements

  • Bachelor's Degree in any related discipline with minimum of second class upper
  • Recognized IT certifications e.g CISA, etc. is mandatory.
  • A minimum of 8 years post-qualification experience with at least 4 years in IT audit related function.
  • Good understanding of Internal Audit & Control Framework and Risk Based Audit
  • Good Knowledge of systems and Application Controls
  • Good understanding of transaction processing and business processes within the Merchant Bank Industry
  • Ability to use Office Application suits such as Microsoft Application tools
  • Knowledge of Information systems and Controls
  • Data analysis skills is desirable
  • Committed to self-development
  • An inquisitive mindset and ability to pay keen attention to details
  • Financial / banking industry knowledge

Salary
N600,000 - N1,000,000 / Month.

 

 

Job Title: Deputy Chief Audit Executive

Location: Lagos
Employment Type: Full-time

Job Objectives

  • Deputy to the Chief Audit Executive Support the CIA in the delivery of an independent, effective, and efficient internal audit service to the company.
  • Lead the planning and conduct of operational, financial and compliance audits of the company with selected policies, procedures, and regulations to evaluate and improve efficiency, promote good corporate governance towards achieving company’s mission and vision.
  • Provide an independent appraisal of the adequacy and effectiveness of the controls set up by management to help run the organization and recommending relevant changed on areas requiring improvement.

Responsibilities

  • Participate in the development of company’s overall strategic goals and ensure that these are cascaded to the Internal Audit department.
  • Involved in the development and implementation of the Internal Audit department’s strategy ensuring it aligns with company’s corporate strategy and business goals.
  • Preparation of the department’s annual budget and monitor its implementation.
  • Support in the overall leadership and direction in the execution of the department’s functions and activities.
  • Continually review and implement improvement initiatives to ensure enhanced performance of the department.

Operational Duties
Risk Management:

  • Oversee the continuous review of the business and operational risks facing the company in order to proactively establish appropriate mitigating controls and monitoring mechanism/ frameworks.
  • Coordinate with the risk management function to ensure acceptable risk and adequate mitigants are in place.
  • Provide inputs and be proactively involved in the development of the business continuity plan.
  • Audit
  • Develop and implement an annual internal audit plan and ensure compliance with approved plans.
  • Establish and communicate the scope and objectives for internal audits to the appropriate groups/departments within the company.
  • Identify control weaknesses/issues and proffer appropriate recommendations based on outcome of the audits.
  • Follow-up and champion the implementation of audit recommendations.

Quality Assurance/ Compliance:

  • Facilitate the review and identification of deviations from established operational policies, procedures, and regulatory requirements across all the company’s departments and provide recommendations/remediation actions as appropriate.
  • Drive the standardization of control processes and practices as well as the application of relevant control tools and techniques within the organization.
  • Oversee the execution of conduct spot checks/ risk-based sampling and testing approach on transactions and activities to evaluate adequacy of internal controls and efficiency /effectiveness of operations.
  • Oversee performance analysis and review of key financial ratios and indicators (such as capital adequacy and reserve ratios) to ensure compliance with management’s established range/targets.
  • Oversee the periodic review of completed audit work to ensure compliance with organisational and professional audit practices.

Credit Control:

  • Oversee the review of client credit files and ensure completeness of prerequisite/supporting documentations including letter of request, credit appraisal memo and appropriate authorizations and ensure that incomplete documentations are updated as required.

Administrative Support/ Advisory:

  • Provide administrative support for external inspection/ audit activities.
  • Run investigations into suspected fraudulent practices across the organization and determine/recommend the appropriate line of action in response to findings.
  • Industry Knowledge and Trends
  • Keep abreast of industry trends, events, issues, and developments to enable the development and implementation of appropriate control measures, monitoring mechanism as well as their continuous update/revision.
  • Stay abreast of developments in professional auditing standards and ensure necessary training and compliance.

Supervisory, Reporting and Other Duties:

  • Ensure information dissemination and training of Internal Audit staff.
  • Review and ratify the department’s activities, audit reports and make recommendations for improvement as required.
  • Supervise the preparation of detailed reports of audit findings and provide recommendations to improve the internal control system, quality of processes and systems.
  • Facilitate the documentation of periodic management and statutory reports as required:
  • Fraud and forgery reports and circulate to banks, CBN and other financial institutions.
  • Incident reports
  • Confirmation reports for banks, customers, and external auditors.
  • Act on behalf of, and perform any other duties as assigned by the MD.

Key Performance Indicators:

  • Full implementation of the audit plan
  • Timely response to regulatory and external inquiries
  • Internal audit customers satisfaction survey
  • Cost savings / containment
  • Error rates.

Job Requirements
Education:

  • Bachelor's Degree in Business, Finance, Accounting or relevant field and a relevant professional qualification, such as ACCA, ACA, CPA, or CFA.

Experience:

  • At a minimum of 10 years’ experience in the financial management/accounting function, 5 of which must be in a senior position within the audit function.

Key Competence Requirements
Knowledge:

  • Thorough understanding of accounting principles and audit standards, procedures, and techniques.
  • Excellent understanding of the financial services landscape and inherent risks in the non-bank financial services industry.
  • Strong knowledge of merchant banking operations.
  • Knowledge of the legal and regulatory framework and the regulatory environment.
  • Good knowledge of fraud behaviour and detection methodologies.
  • Strong attention to detail.
  • Financial management skills.
  • Analytical and result oriented skills.

 

 

Job Title: Divisional Head

Location: Lagos
Employment Type: Full-time

Job Objective

  • Champion the formulation and implementation of strategies, plans and programs for the delivery of the bank’s products targeted at Corporate Banking customers and generate revenues.
  • Grow the Corporate Banking market share in line with targets set by the Bank’s Management.
  • Develop business plan for the area of coverage with clear customer targets, resource requirements & profitability.
  • Develop and maintain relationship with clients, by providing professional and specialized financial solutions in all areas.

Job Responsibilities

  • Generate new revenue opportunities from existing & prospective customers.
  • Provide customers with solutions that leverage a full range of the Group’s products & services.
  • Partner with Operations, Credit Risk & other stakeholders to provide exceptional service to Corporate customers.
  • Collaborate with other marketing teams within his coverage area to maintain and win new mandates.
  • Profiling of customers, conversion of incomplete records and providing market insights for strategic initiatives.
  • Convincing and negotiating with customers to buy Corporate Banking’s Products & Services
  • Champion the drive for deposit mobilization, quality asset, FX related transactions as well as enhance the Bank’s revenue base and enhance / profitability.
  • Manage and deepen relationships with both existing and prospective customers.
  • Effective credit analysis, credit account management and collections
  • Ensure adequate staff training & development.
  • Provide overall guidance and direction in the execution of the team’s functions and activities.
  • Coordinate the activities of the team and ensure adherence to the hub’s target and drive.
  • Ensure minimal customer (internal and external) complaints/issues and prompt resolution.
  • Review key team activities and performance reports, taking appropriate actions to ensure business objectives are achieved.
  • Prepare presentations and other marketing materials.
  • Prepare periodic management report on activities of the team at MPR.

Job Requirements
Education:

  • Minimum Educational Qualification - Bachelor's degree in any discipline, with Second Class Upper Division.

Experience:

  • Minimum of ten years relevant banking experience with at least five years in a supervisory role.

Key Competence Requirements
Knowledge:

  • Marketing and networking
  • Relationship Management
  • Credit/Risk Management
  • Customer Service
  • Bank structure, policies, and procedures.
  • Industry knowledge
  • Knowledge of the business environment
  • Bank services/products (Corporate/Wholesale Products)
  • Banking Operations
  • In depth understanding of the different industries and industry segments in Nigeria
  • Knowledge of current business trends and CBN Regulations.

 

 

How to Apply
Interested and qualified candidates should send their Applications to: [email protected] using the "Job title" as subject of the email.

 

Application Deadline 31st January, 2021.