Finance Officer at Rand Merchant Bank (RMB)

⏲ Jun 15, 2024, 7:46 AM
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Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.

We are recruiting to fill the position below:

Job Title: Finance Officer

Job Requisition ID: R14980
Location: Lagos
Job type: Full time

Job Description

The Finance Officer will assist in carrying out end-to-end financial (regulatory, management, statutory) and risk reporting, Business partnering, Budget and forecast, accounts payable (in conjunction with RMB SA), and remittance of taxes (VAT, CIT, WHT, and others) as part of the core financial team responsibilities.

Responsibilities
The successful candidate will be responsible for the following:

Assist in the preparation of regulatory returns to CBN, SEC and NDIC, and the South African Reserve Bank.
Assist with the preparation of monthly management accounts
Assist in coordinating and preparation for all finance-related regulatory and tax audits.
Coordination and preparation of monthly WHT, VAT, and other tax returns and ensuring timely remittance of same.
Liaison with Operations, IT, and other support areas to improve on reporting processes and data integrity.
Assist with the preparation of Group returns and reports
Coordination of accounts payable and expense processing into the general ledger.
Preparation of daily P&L reports as applicable to the business units
Assist in the budget coordination and forecast analysis of the Bank
Responsible for periodic general ledger substantiation, reconciliation, and reporting
Undertake any additional duties as directed by the Head of Finance or CFO.

Qualifications and Experience

The successful candidate should have a relevant Degree qualification and must be a qualified CA with at least five (5) years of working experience within a financial services institution.

Technical skills:

Good appreciation and understanding of the preparation of financial statements and finance operations.
A good understanding of regulatory reporting requirements.
Good understanding of IFRS and its applications.
Proficient in the use of computer accounting systems and Microsoft Office tools and spreadsheets.

General:

Good judgment and decision-making skills
High levels of ethics, numeracy, and literacy are essential
Strong interpersonal and analytical skills, and
Listening, analysis, and debating skills

Additional competencies (will serve as a strong recommendation):

Post-graduate studies/qualifications in banking, finance / financial markets

Human Relations Profile:

Strong character & integrity paramount
High degree of self-confidence; pleasant personality; well-presented
Ability to work under pressure
A strong communicator who is deadline and solutions-driven.
Able to work as part of a highly innovative and competitive team, meeting demanding deadlines.
A high degree of professionalism
Well organized / good time management skills / disciplined/ detail orientated
Self-starter able to work with minimal supervision
Team oriented
Flexible when necessary