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 position below:
Job Title: Team Lead, Financial Reporting
Req ID: 1848 Location: Nigeria Job Type: Full-time
Duties & Responsibilities
Coordinate the preparation of monthly, quarterly and annual financial reports in line with approved reporting timelines.
Review financial statements, schedules, reconciliations and supporting documentation for accuracy, completeness, consistency and compliance with applicable reporting requirements.
Coordinate the collation and validation of financial information received from business units, Finance teams and relevant Group entities.
Review accounting entries and adjustments required for accurate financial reporting and escalate material or judgmental matters to the Unit Head.
Support the preparation of consolidated financial statements, notes and disclosures in accordance with IFRS and Group Accounting Policies.
Monitor the financial close and reporting timetable, follow up on outstanding inputs and escalate potential delays, data gaps and unresolved exceptions.
Perform analysis of periodic financial results and explain significant movements in income, expenses, assets, liabilities and other material balances.
Prepare financial performance summaries, ratio analysis, schedules and analytical reports to support management decision-making.
Conduct preliminary research on technical accounting matters and prepare position papers or recommendations for the Unit Head's review.
Support the assessment and implementation of new or revised IFRS requirements and Group Accounting Policies affecting financial reporting.
Review the accounting and reporting implications of new products, product manuals and significant transactions, and escalate complex matters as required.
Implement approved controls governing the preparation, review and submission of financial reports, ensuring adequate review trails and supporting documentation.
Review financial reporting and general-ledger exceptions, coordinate corrective action with responsible units and track resolution within agreed timelines.
Coordinate the collation of schedules, reconciliations and evidence required for internal, external and regulatory audit reviews.
Respond to audit information requests relating to assigned reporting areas and track the closure of agreed financial-reporting action points.
Identify opportunities to automate reporting activities, strengthen data integrity and improve reporting templates, workflows and turnaround times.
Support user acceptance testing and validation of system changes that affect financial reporting processes and data outputs.
Provide guidance to team members and internal stakeholders on approved financial reporting requirements, procedures and accounting policies.
Plan, allocate, review and monitor the work of assigned team members, providing coaching and quality feedback to ensure timely and accurate delivery.
Job Requirements Education:
First Degree in Accounting, Finance, Economics or another relevant discipline.
Professional accounting qualification such as ACA, ACCA or an equivalent qualification is required.
A relevant postgraduate qualification is an added advantage.
Experience:
Minimum of 7 years of relevant post-qualification experience in financial accounting, financial reporting, audit or financial control, preferably within banking or financial services.
Practical experience in the preparation or review of IFRS-compliant financial statements, management reports and supporting disclosures.
Experience coordinating reporting activities, external audit requirements and work of a professional team.