Latest Job Recruitment at First Bank of Nigeria Limited
First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.
We are recruiting to fill the vacant positions below:
Job Title: Business Performance Monitoring Analyst
Requisition ID: 1700002U
Location: Head Office, Lagos
Job Code: STR/212/FBH
Schedule: Regular
Shift: Standard
Job Type: Full-time
Description
- Reporting to the Business Performance Monitoring Manager, the ideal candidate will be responsible for tracking and analyzing Group-wide financial and operational performance.
Responsibilities
Specific responsibilities include:
- Prepare the inputs and templates required for Monthly and Quarterly Financial Performance report.
- Develop performance review processes that will encourage improved performance Group-wide
- Assist with the Coordination of the Quarterly performance review meetings of the Corporate (Group) Office and its operating businesses.
- Co-ordinate the measurement of Enterprise, Subsidiaries and Business unit performance to check level of compliance with set standards.
- Make inputs in competitive benchmark analysis of the operating companies with relevant industry peers.
- Assist with the Coordination of budgeting process and the analysis of the budget variance with explanation of key drivers.
- Monthly preparation of the Corporate office (Group) scorecards
- Ensure completeness and accuracy of the information contained in the management information system.
Qualifications
Education:
- A good First degree in any Numerate discipline (Engineering, Mathematics, Finance, Accounting, Economics e.t.c)
- Processional qualification (e.g ACA, ACCA, CPA) will be an added advantage.
Experience:
- Minimum of 3 years’ relevant experience in business performance management, budget preparation and benchmark analysis
Interested and qualified candidates should:
Click here to Apply for this Position
Job Title: Business Performance Monitoring Manager
Requisition ID: 1700002T
Location: Head Office, Lagos
Job Code: STR/211/FBH
Schedule: Regular
Shift: Standard
Job Type: Full-time
Description
- Reporting to the Chief Financial Officer, the ideal candidate will be responsible for developing and implementing the strategies for Group-wide business performance monitoring.
Specific responsibilities include but not limited to the following:
- Prepare annual budget for the Group and operational budget for the Corporate Office.
- Monitor and analyze the Group financial and operational performance.
- Coordinate budgeting process and the analysis of the budget variance with explanation of key drivers.
- Define and implement performance management framework to track the Group’s performance.
- Develop a constructive performance review process that will encourage performance improvement Group-wide.
- Ensure that the financial information and reporting systems satisfy the reporting needs of the business, local regulators and Executive Committee.
- Develop method for measuring Enterprise, Subsidiaries and Business unit performance to check level of compliance with set standards.
- Prepares Balance scorecard.
- Plan and co-ordinate quarterly performance review meetings of the corporate (Group) office and its operating companies.
- Ensure completeness and accuracy of the information contained in its management information system.
Qualifications
Education:
- A good First degree in any Numerate discipline (Engineering, Mathematics, Finance, Accounting, Economics e.t.c)
- Processional qualification (e.g ACA, ACCA, CPA) will be an added advantage.
Experience:
- Minimum of 7 years’ relevant experience in business performance management, budget preparation and benchmark analysis
Interested and qualified candidates should:
Click here to Apply for this Position
Job Title: Financial & Regulatory Reporting Manager
Requisition ID: 1700002V
Location: Lagos - Head Office
Job Code: STR/213/FBH
Schedule: Regular
Shift: Standard
Job Type: Full-time
Description
- Exciting career opportunity exit within FBN Holdings Plc for a dynamic, suitably, qualified, focused, energetic, competent and self-motivated individual to join its vibrant team as a Financial & Regulatory Reporting Manager.
- The search is targeted mainly at candidates with multi-tasking ability and flexibility to work in a dynamic and ever-evolving environment.
- Reporting to the CFO, the ideal candidate must be extremely knowledgeable in financial accounting, group account preparation with a strong understanding of International Financial Reporting Standards (IFRS).
- The candidate must have demonstrable experience in the preparation of consolidated financial statements, group accounts, regulatory reporting especially SEC, NSE and CBN.
- The candidate will also be required to have a sound knowledge of the Nigeria tax laws and administration, strong presentation skills and an advanced appreciation of Ms Office tools.
Key Responsibilities
Financial Reporting:
- Prepare monthly, quarterly, half yearly and year-end IFRS complaint financial reports for the Group.
- Coordinate the Corporate Office and Group’s annual audit exercise by appointed external auditors, and any examination or enquiry regulatory authorities
- Prepare and coordinate the rendition/filing of returns as required by the NSE, SEC and CBN in line with industry framework
- Drive the automation of group reporting instructions, processes and procedures for efficiency and effectiveness
- Ensure compliance with all statutory & regulatory requirements.
- Handle all regulatory issues, liaising with regulatory bodies to protect Group’s interest
- Conduct analytical review procedures to validate actual results against budget forecast, and understand trends viz-a-viz business activities.
- Coordinate the review of statutory accounts for all individual subsidiaries, and ensure that they are adhered to at all times
- Monitor compliance with the Group financial reporting instructions and provide timely feedback to Head of Finance
- Provide technical guidance and regular updates on changes to International Financial Reporting Standards to all subsidiaries to aid full IFRS compliance by all subsidiaries
- Ensure compliance with Holdco’s policies, relevant legislation, IFRS, and other best accounting practices
Tax Management:
- Appropriate management, recording and rendering of Payee deductions
- Computation and proper recording of WHT and VAT as applicable on dividend, fees, contracts and all transactions to appropriate Inland Revenue Services
- Preparation and filling of relevant tax returns to appropriate tax authorities (WHT, VAT,PAYE, CITA)
Finance Operations:
- GL maintenance, monthly proofs, reconciliation and system control
- Coordination of MIS Reports
Qualifications
Education:
- A Bachelor's degree in any discipline (preferably in finance or accounting)
- Professional accounting certification (e.g. ACA, ACCA, CPA) will be an added advantage.
Experience:
- Minimum of 8 years’ relevant experience in financial reporting and coordination of audit exercises and reviews.
Interested and qualified candidates should:
Click here to Apply for this Position
Note: Only short-listed candidates will be contacted.
Application Deadline 11th December, 2017.