Head, Financial and Regulatory Reporting
First Bank of Nigeria Ltd
Lagos COST CENTERS,Nigeria
5d ago



  • Responsible for the preparation of monthly management and financial reports
  • Co-ordinate all external audits e.g. statutory audit, regulatory audits
  • Reviewing daily CBN returns before submission
  • Develop and maintain documentation of Accounting policies and procedures.
  • Establish and execute controls for compliance to the Group’s accounting and financial reporting procedure.
  • Develop, support and maintain all financial accounting systems and ensure that they are compliant with IFRS, the Group’s accounting policy and other regulatory requirements.
  • Review valuation of financial assets / liabilities on a regular basis and proposes journals to state them in line with IFRS.
  • Ensure that the consolidated financial statements and reports are prepared in accordance with the International Financial Reporting Standards (IFRS), the Group accounting policies and other regulatory reporting requirements.
  • Provision of all IFRS disclosures in the financial statements for the annual audit, including the accounting entries and disclosure requirements for specific transactions, such as RBO.
  • Provide support to the Accounts unit and ensure that all product manuals are in compliance with IFRS & the Group’s accounting policy before they are approved.
  • Provide support to the GL control unit and ensure that all GLs report numbers that are in compliance with IFRS & the Group’s accounting policy and also assess the risk of the GLs that are not compliant.
  • Provide support to the subsidiaries’ finance team and ensure that all reports prepared by them are in compliance with IFRS & the Group’s accounting policy and oversee their IFRS implementation.
  • Act as an educator of the Bank and Group at large by providing necessary education / enlightenment on IFRS and implementation of accounting policies.
  • Perform in-depth financial analysis of the financial reports
  • Provide support to the Bank and Group on Business intelligence, technical accounting issues and guidance on the financial implications of entering complex financial transactions.
  • Perform impact assessment of new IFRS & regulatory policies, proposed and final, and assist in their implementation.
  • Preparation of group impact memoranda for all IFRS developments.
  • Perform relevant ratio computations and advice management on their implications to the financial health of the Bank & Group.
  • Benchmark these ratios against industry players and best standards.

  • Perform pre and post-acquisition valuation of subsidiaries and account for business combinations.
  • Perform valuation of the Bank’s Intangible Assets
  • Education

  • Minimum Education : First degree in Applied or Social Sciences, Higher Degree / Professional accounting qualification such as ACCA, ACA, or its equivalent
  • Experience

    At least twelve years post Qualification experience, of which four should have been in a managerial role.

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