Team Lead, Accounting Set-Up Squad at First Bank

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.

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

The Bank has been named “The Best Bank Brand in Nigeria” four times in a row – 2011, 2012, 2013, 2014 – by the globally renowned “The Banker Magazine” of the Financial Times Group; and “Most Innovative Bank in Africa” in the EMEA Finance African Banking Awards 2014. FirstBank’s brand purpose is to always put its customers, partners and all stakeholders at the heart of its business, even as it is poised to standardise customer experience and excellence in financial solutions across Sub Saharan Africa, in consonance with its brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on FirstBank’s inherent values of passion, partnership and people, to position our customers first in every respect.DUTIES & RESPONSIBILITIES

Facilitate all account maintenance activities, i.e. Static/Master Data Maintenance such as creation of new accounts and appropriate GL mapping, managing restrictions on accounts as required for product setup or modifications

Review of Product Papers, Business Requirement Documents, User Story Document and all such change requests/ change management documents to ensure accuracy in accounting setup and accounting treatment, correctness of accounting entries, management of financial risk and operational risk issues.
Designing all required accounting procedures for products and processes
Operate the change control process and ensure Chart of Account standards, GL Control Policy accounting standards and policies, regulatory requirements, tax laws, and all other relevant policies are adhered to.
Implement financial accounting process improvements as may be required
Undertake periodic post implementation reviews on existing and new products in conjunction with Team

Lead, Accounts and Systems

Participating in Controlled Live Test and User Acceptance Test, and all such other testing sessions as part of change management and serves as the expert on all accounting and financial control matters on all product development projects

JOB REQUIREMENTS 

Education & Minimum Education: 

First degree in Applied or Social Sciences, Higher Degree/ Professional accounting qualification such as ACCA, ACA, or its equivalent §

Experience

Minimum experience: 8-10 years of relevant financial services, operations, consulting and financial control functions.