Finance and Operations Manager

Responsibilities:

Financial Management

• Oversee financial operations, including budgeting, forecasting, and reporting.
• Prepare monthly, quarterly, and annual financial statements in accordance with regulatory standards.
• Monitor cash flow, working capital, and overall financial health of the bank.
• Conduct financial analysis to inform strategic decision-making and identify cost- saving opportunities.
• Develop and implement financial policies and procedures to ensure sound financial practices.
• Ensure timely and accurate filing of taxes, statutory returns, and regulatory reports.
• Coordinate with external auditors during audits and ensure the bank’s financial records comply with industry standards and regulations.

Operations Management

• Manage day-to-day banking operations, including branch activities, back-office functions, and Mobile Money accounts. Ensuring daily reconciliation of the Momo Accounts
• Oversee the efficiency of customer service operations, ensuring timely and accurate handling of transactions, account opening, loans, and other banking services.
• Implement operational policies and procedures to improve productivity and reduce operational risk.
• Improve, develop and manage internal control systems to safeguard assets, prevent fraud, and mitigate risks.
• Coordinate with department heads to ensure smooth operations and adherence to internal and external compliance requirements.
• Supervise and train the operations team to improve skill sets, efficiency, and customer service standards.

Strategic Planning and Growth

• Assist in developing and executing the bank’s long-term strategic plan with a focus on financial sustainability and operational efficiency.
• Identify opportunities to enhance the bank’s market position in rural communities, increasing product offerings, services, and outreach.
• Monitor and assess market trends, competition, and customer needs to provide recommendations for new products and services
• Ensure that operations and financial processes align with the bank’s mission, vision, and values, with a focus on serving the local rural population.

Compliance and Risk Management

Work with the Risk and Compliance Manager to :

• Ensure compliance with relevant banking regulations, financial reporting requirements, and industry standards.
• Monitor and manage risk exposure, including credit risk, operational risk, and financial risk, ensuring risk mitigation strategies are in place.
• Liaise with regulatory bodies, auditors, and industry associations to stay updated on changes in regulatory and legal frameworks
• Ensure the bank’s operations comply with environmental, health, and safety standards.

Team Leadership and Collaboration

• Lead, motivate, and manage the finance and operations team, fostering a culture of accountability, transparency, truthfulness, collaboration, and continuous improvement.
• Develop training programs for staff on financial and operational best practices, systems, and customer service standards.
• Foster a positive work environment and encourage teamwork and professional development.
• Collaborate with senior management on strategic projects, initiatives, and performance improvement efforts.

Supervisory Duties:

• Supervise the finance and operations team, providing direction and support to achieve departmental goals.
• Conduct performance reviews, provide feedback, and develop training programs for team member

Qualifications

Education:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• A Master’s degree or professional certifications (e.g., ICAG, CPA, ACCA, CFA, CIMA etc…) is highly desirable.

Experience:

• Minimum of 5 years of experience in finance, accounting, or operations management within the banking or financial services industry, with at least 2 years in a managerial role.
• Experience working in a rural or community banking environment is preferred.
• Proven track record of managing financial and operational teams, driving improvements, and achieving operational targets.

Skills and Competencies:

• Strong financial analysis, budgeting, and forecasting skills.
• In-depth understanding of banking operations, financial management, and regulatory compliance.
• Proficiency in accounting software, financial systems, and MS Excel.
• Excellent leadership, communication, and interpersonal skills.
• Strong problem-solving skills, with the ability to make decisions under pressure.
• Knowledge of risk management, internal controls, and operational efficiency best practices.
• High ethical standards and integrity.

Key Attributes:

• Strong attention to detail with the ability to oversee multiple projects simultaneously.
• Adaptability and the ability to thrive in a dynamic and sometimes resource- constrained rural banking environment.
• Customer-oriented with a passion for supporting and improving the financial well- being of rural communities.
• Ability to work independently and as part of a team, collaborating across various departments.

Working Conditions

• Full-time position based at the bank’s headquarters.
• Occasional travel to branch locations and rural communities covering the bank’s operational areas as required.
• Flexible work hours may be necessary to meet deadlines or attend to urgent operational issues.

How to Apply

Interested candidates should submit a CV or Resume and cover letter to mrbrecruit2024@gmail.com by 13th December, 2024. Please include three (3) references and any certifications relevant to the role.

Location:  Pomadze-Winneba Junction, Ghana

Employment Type: Full Time

Salary Range: Attractive