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Financial Control Officer at Bosak Microfinance Bank Limited
Bosak Microfinance Bank Limited
September 01, 2026
Full-time
On-site
Responsibilities
Prepare weekly Financial Control (FinCon) Unit ALCO reports and minutes of meetings.
Prepare monthly management accounts accurately and within established timelines.
Prepare Board meeting reports and minutes of meetings.
Provide supervisory support within the FinCon Unit, ensuring the accuracy, completeness, and timely delivery of all assigned outputs.
Prepare and submit monthly CBN N-Returns to the Unit Head for review and onward submission.
Prepare and submit weekly bank reconciliations to the Unit Head every Tuesday in soft copy.
Complete and submit End-of-Month (EOM) bank reconciliations to the Unit Head by the 5th day of the following month in hard copy.
Ensure the prompt preparation and posting of monthly journals.
Monitor idle funds and ensure prompt placement in appropriate Fixed or Call Deposits with correspondent banks, subject to approval.
Act on behalf of the Unit Head during periods of absence, ensuring continuity of operations, implementation of decisions, and compliance with reporting obligations.
Liaise effectively with account officers of correspondent banks on banking and financial control matters.
Maintain proper documentation of PAYE, WHT, and EMTL monthly remittances and receipts.
Process and document customer Fixed Deposit placements and investment advices within 24 hours of approved requests.
Conduct daily reviews of income and balance sheet accounts and escalate discrepancies where necessary.
Ensure accurate and timely posting of financial transactions.
Perform other duties and responsibilities as may be assigned by the Unit Head.
Requirements
Bachelor's Degree in Accounting, Finance, Economics, or a related discipline.
Professional accounting qualification such as ICAN, ACCA, or equivalent is an added advantage.
3 - 5 years of relevant experience in financial control, accounting, audit, or a related role, preferably within the banking or financial services sector.
Strong knowledge of financial reporting, bank reconciliation, management accounts, regulatory returns, and financial controls.
Good understanding of CBN regulatory reporting requirements and applicable financial regulations.
Proficiency in Microsoft Excel and accounting/financial management systems.
Strong analytical, numerical, and problem-solving skills.
Excellent attention to detail with a high level of accuracy and integrity.
Ability to work under pressure, meet tight deadlines, and manage multiple deliverables effectively.
Strong communication, interpersonal, and stakeholder-management skills.
Ability to work independently while providing effective supervisory support to the FinCon Unit.
Prepare weekly Financial Control (FinCon) Unit ALCO reports and minutes of meetings.
Prepare monthly management accounts accurately and within established timelines.
Prepare Board meeting reports and minutes of meetings.
Provide supervisory support within the FinCon Unit, ensuring the accuracy, completeness, and timely delivery of all assigned outputs.
Prepare and submit monthly CBN N-Returns to the Unit Head for review and onward submission.
Prepare and submit weekly bank reconciliations to the Unit Head every Tuesday in soft copy.
Complete and submit End-of-Month (EOM) bank reconciliations to the Unit Head by the 5th day of the following month in hard copy.
Ensure the prompt preparation and posting of monthly journals.
Monitor idle funds and ensure prompt placement in appropriate Fixed or Call Deposits with correspondent banks, subject to approval.
Act on behalf of the Unit Head during periods of absence, ensuring continuity of operations, implementation of decisions, and compliance with reporting obligations.
Liaise effectively with account officers of correspondent banks on banking and financial control matters.
Maintain proper documentation of PAYE, WHT, and EMTL monthly remittances and receipts.
Process and document customer Fixed Deposit placements and investment advices within 24 hours of approved requests.
Conduct daily reviews of income and balance sheet accounts and escalate discrepancies where necessary.
Ensure accurate and timely posting of financial transactions.
Perform other duties and responsibilities as may be assigned by the Unit Head.
Requirements
Bachelor's Degree in Accounting, Finance, Economics, or a related discipline.
Professional accounting qualification such as ICAN, ACCA, or equivalent is an added advantage.
3 - 5 years of relevant experience in financial control, accounting, audit, or a related role, preferably within the banking or financial services sector.
Strong knowledge of financial reporting, bank reconciliation, management accounts, regulatory returns, and financial controls.
Good understanding of CBN regulatory reporting requirements and applicable financial regulations.
Proficiency in Microsoft Excel and accounting/financial management systems.
Strong analytical, numerical, and problem-solving skills.
Excellent attention to detail with a high level of accuracy and integrity.
Ability to work under pressure, meet tight deadlines, and manage multiple deliverables effectively.
Strong communication, interpersonal, and stakeholder-management skills.
Ability to work independently while providing effective supervisory support to the FinCon Unit.