Finance Officer at Jubilee Life Mortgage Bank

About the Role

Jubilee Life Mortgage Bank is seeking qualified candidates for the position of Finance Officer based in Lagos, Nigeria. This role involves managing critical financial operations, ensuring regulatory compliance, and supporting the bank's financial reporting processes.

Key Responsibilities

• Maintain accurate schedules of the Bank's Receivables
• Prepare and submit CBN returns
• Ensure timely rendition of withholding tax to relevant tax authorities in approved format
• Post daily project-related transactions
• Manage branch income, overhead, and Head Office apportionment
• Conduct monthly reconciliation and proof of all assigned general ledgers
• Perform weekly analysis of the bank's stock portfolio
• Maintain proper filing, retrieval, and archiving of all documents, tickets, and files
• Conduct daily call-over and submit transactions for audit review
• Post all transactions accurately into appropriate GL accounts
• Process prompt retirement of cash advances and IDSs to ensure daily nil balances
• Process PAYE electronic cards for staff, generate Tax IDs, and prepare Income Tax clearance certificates
• Ensure accuracy and completeness of all entries
• Prepare segment-based deposit reports as requested
• Conduct daily bank reconciliation and submit reconciliation reports
• Perform analytical review of financial reports
• Participate collaboratively in month-end financial reporting activities, including provisions preparation
• Update and maintain the Fixed Asset Register
• Participate in implementing audit work plans and liaise with external auditors for year-end audit requirements
• Review and analyze costs, expenses, and budget controls
• Review and evaluate accounting treatment of transactions by business units and advise on best practices
• Perform other functions as designated by the Head of Department

Required Qualifications

• First degree in any discipline
• ACA or ACCA certification
• Post-graduate degree (advantageous)

Required Skills

• Computer proficiency including word processing and spreadsheet applications
• Technical report writing skills
• Budgeting and budget implementation expertise
• Financial analysis and management capabilities