Latest Job Vacancies at Accion Microfinance Bank

Accion Microfinance Bank Limited  - Established in 2006, began operations in May 2007 on license from the Central Bank of Nigeria. Our management team comprises seasoned and distinguished professionals from diverse backgrounds complemented by the expertise of our technical partners, ACCION International. At Accion Microfinance Bank our core values, business philosophy and methodology distinguish us as one of the leading microfinance banks in Nigeria. We are recruiting to fill the position below:     Job Title: Regional Audit, North Location: Nigeria Job Description

• The job requires carrying out periodic audit of all activities in assigned branches in accordance with acceptable audit standards; providing reports that contain detailed analyses, appraisals, rating of branches/departments and recommendations.

• Conduct periodic reviews of the branch functional activities and submit reports on same in accordance with the approved audit plan and policies, process and audit manual
• Advice on the adequacy and effectiveness of management controls over those activities based on levels of exceptions observed in the periodic audits
• Participate in the periodic external or internal/on the job-training of the bank
• Carry out special investigation as may be directed by the supervisor and or the HOD and management
• Provide assistance to external auditors and the regulatory bodies as requested
• Carry out fixed asset and stock of stationery review of the bank for cost control or reduction
• Review of compliance to the bank?s policies and regulatory guidelines
• Confirm quality of customer service at the branch level
• Special duties and projects as may be assigned
• Conduct periodic spot check on branches and departments and submit report on the exercise
• Follow-up to determine compliance with audit recommendations and adequacy of corrective actions

• Minimum of 3 years of work experience.
• Bachelor's degree or its equivalent in business, accounting, finance, economics or related area of study and possibly plus a part professional certification in accountancy profession.

• Direct experience in Audit and Compliance required. Good knowledge in auditing plus a thorough understanding of Microfinance Bank business and accounting practices. Experience in audit in financial sector is preferable.
• Languages: English required
• Professionalism and integrity
• Strong leadership and people management skill
• Strong analytic skills
• Excellent communication skills: written and spoken.

• Ensure that a yearly audit plan covering all the bank risk areas is in place, approved and is followed
• Execute detailed audit procedures, including review of transactions, documents, records, reports, policies and procedures for accuracy and effectiveness
• Coordinate periodic reviews of the Bank organizational and functional activities (Departments and Branches) and submission of reports on same to the Chief Compliance Officer
• Prepare work-papers which record and summarize audit procedures performed
• Evaluate the adequacy and effectiveness of management controls over those activities
• Follow-up to determine compliance with audit recommendations and adequacy of corrective actions
• Responsible for directing, on the job- training, and supervision of the audit staff
• To perform or assist in the performance of special reviews at the request of the Chief Compliance Officer. (Investigation)
• Special duties and projects as may be assigned by the supervisor
• Prepare a quarterly audit report and submit to the Chief Compliance Officer for review
• Carry out regular substantive and compliance test on all activities of the Bank
• Carry out Fixed asset and stock of stationery review of the bank for cost control or reduction
• Provide assistance to external auditors and regulatory bodies as requested
• Coordinating and supervision of spot checks, compliance assessment and audit follow up
• External auditors for coordination of statutory audits and any other audit or special audits as may be required including finalization of year-end audit, statutory audit, CIB/NDIC, tax audit etc
• Professional institutions, (ICAN, CITN, ACCA CIBN) and association of microfinance Internal Auditors and senior accountants in other microfinance banks in order to keep abreast of developments in the profession
• Microfinance institutions, other financial institutions and commercial banks to keep abreast of developments in the finance sectors
• Central Bank for coordination on regulations for the microfinance industry
• National Association of Microfinance Banks (NAMB) for coordination and consultations on developments in the MFI sector
• Supervise and support the staff in Corporate & Branch Audit in their roles of implementing all activities of internal audit strategies and tactics to support the overall achievement of the department?s goals
• Ensure efficiency and high quality of work in the unit
• Ensure that the unit maintains up-to-date and accurate records of audit performance at all time
• Prepare and deliver imely reports and updates to the Chief Compliance Officer
• Set annual performance goals for staff under supervision, guide coach and monitor performance of same, and execute annual performance evaluations and reviews of the unit?s staff

• Bachelor Degree or its equivalent in Business, Accounting, Finance, Economics or related area of study
• Minimum of 8 years of work experience
• At least 2 years in management positio
• Minimum of 8 years of work experience
• Professional certification in accountancy a must (ACA, ACCA
• Possession of extensive experience in auditing, and a thorough understanding of Microfinance Banking and accounting practices
• Experienced in strategic planning and budgeting

• Professionalism and integrity
• Deadline oriented. Dependability, requiring minimum supervision.
• Strong leadership and people management skills.
• Sound strategic thinking, with risk and control consciousness
• Strong analytic skills
• Excellent communication skills ? written and spoken
• Languages: English required

• The job requires carrying out periodic audit of all activities in assigned branches in accordance with acceptable audit standards; providing reports that contain detailed analyses, appraisals, rating of branches/departments and recommendations.

• Conduct periodic reviews of the branch functional activities and submit reports on same in accordance with the approved audit plan and policies, process and audit manuals
• Advice on the adequacy and effectiveness of management controls over those activities based on levels of exceptions observed in the periodic audits
• Participate in the periodic external or internal/on the job-training of the bank
• Carry out special investigation as may be directed by the supervisor and or the HOD and management
• Provide assistance to external auditors and the regulatory bodies as requested
• Carry out fixed asset and stock of stationery review of the bank for cost control or reduction
• Review of compliance to the bank's policies and regulatory guidelines
• Confirm quality of customer service at the branch level
• Special duties and projects as may be assigned
• Conduct periodic spot check on branches and departments and submit report on the exercise

• Bachelor degree or its equivalent in Business, Accounting, Finance, Economics or related area of study and possibly plus a part professional certification in accountancy profession
• 3+ years experience.

• Professionalism and integrity.
• Deadline oriented. Dependability, requiring minimum supervision.
• Strong leadership and people management skills.
• Excellent communication skills - written and spoken.

• Build and maintain portfolio of quality clients rapidly and consistently to reach target portfolio within assigned period

• Liaise with community organizations, business associations, and individual entrepreneurs
• Identify potential clients
• Sensitize potential clients on all aspects of the loan program: procedures to apply, the terms and conditions, the incentives for good performance, and penalties for late repayment and default
• Correctly complete loan application and evaluation process
• Arrange and undertake business site visits
• Verify and cross-check all information relevant to the loan application and evaluation
• Evaluate the willingness and capacity to repay of the client
• Ensure an appropriate guarantee is in place and documented
• Determine and present loan terms and conditions to credit committee
• Participate in credit committees providing input on other members? loan proposals
• Prepare and present own loan proposals to credit committee
• Develop relationship with each client to support the business success and cultivate loyalty
• Monitor client business progress to identify any potential problems
• Offer suggestions and referrals where appropriate and within company policy
• Demonstrate a concern and build client rapport
• Implement late repayment recovery procedures of Accion MfB
• Achieve and maintain targets on portfolio at risk and loan loss
• Emphasize the importance of on-time repayment with clients
• Monitor repayment reports daily and client behavior patterns
• Become knowledgeable and known in the assigned geographic zone
• Build rapport with community, business associations and leaders
• Be known and visible in the community
• Provide support to peers and others within Accion MfB in uplifting its values and policies

• A minimum of HND or BSC in Business, Banking, Finance, Accounting, Economics, and/or related fields with numerate coursework
• Must have completed NYSC
• 1+ year work experience

• Understand the local area where they are working
• Independent worker; honest and of high integrity
• Experience in credit of financial service industry will be an added advantage
• Computer literacy
• Strong financial analysis skills

• To work with the head of branch operation to ensure that all entries posted by the unit have been properly authorized as per the delegation of authority

• Ensure all entries posted by the Unit have been properly authorized as per the delegation of authority
• Ensure timely and accurate posting of vouchers received
• Ensure the laid down procedures are properly followed at all times
• Ensuring that laid down operating procedures are followed.
• Receive client cash and cheque deposits and make withdrawal payments to clients based on duly completed instruction vouchers and cheques from the client
• Ensure all customer transaction entries are accurately posted with required authorized as per the existing delegation
• Undertake timely escalation of any suspicious instructions or payments to higher authority
• Realize Department Business Goals in cooperation with colleagues
• Identify your skill gap and share it with your manager on how to acquire required skills
• Ensure timely closure of all exceptions raised by either Internal Auditors or External Auditors

• Ordinary National Diploma in any Banking or related discipline or Professional Banking Certificates.
• Minimum of 1 year experience.

• General Banking Knowledge
• PC and Spread Sheet Skills
• People Management Skills
• Analytical and numerical skills
• Good understanding of Banking Operations