Financial Reporting Officer

6 days ago

Nigeria First Bank of Nigeria Full time ₦1,500,000 - ₦3,000,000 per year
Description
  • To prepare and maintain daily summary report on deposit/LAD to generate average volumes
  • Creation and population of all working templates for preparation of monthly , quarterly, half yearly and annual bank's report to the management and board with actual numbers and the budget
  • Review of the GL generated to establish the cause of the movement in earning assets, interest bearing liabilities and other key areas of the profit and Loss and the balance sheet.
  • Prepares Trends/Variance Analysis Reports with recommendations for improvements.
  • Computation and Measuring of Earnings Yield and Cost of funds by product. 
  • Analysis of interest income and fees and commission income 
  • Analysis of bank's major cost contributors with recommendations for cost reduction/curtailment.
  • Computation of monthly Capital adequacy & Liquidity and other regulatory ratios to ensure compliance with regulatory standards.
  • Provision of required data and information to external auditors and regulators from time to time. 
  • Respond efficiently to any queries which may arise from the financial reports
  • To provide timely information to varying requests by departments and branches
  • Assist in the preparation of timely and accurate group financial reports using the Group Accounting Policies. 
  • Perform adhoc duties as may be required from time to time 

    JOB REQUIREMENTS
  • Minimum Education: First degree in Applied or Social Sciences, Higher Degree/ Professional accounting qualification such as ACCA, ACA, or its equivalent
  • Minimum experience: 3 years of relevant banking operations and financial control functions

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