Citibank Is Recruiting For Experienced Graduates

Job Title: Chief Financial Officer (CFO)
Job ID: 15093794
Location: Lagos
Job Function: Finance

Job Purpose
To manage the Citi Finance function for Nigeria supporting all Citi Products.
Responsibility for all financial controls and accounting activities, business analysis and strategy, compliance with Local & US Regulatory Reporting requirements, reporting of local and foreign taxes.

Job Background/context:
The role involves being the Nigeria CFO and this role includes reporting to both the Local and US Regulators.
The country has exhibited very strong growth, margin and returns while embedding a very strong and focused control culture.

Key Responsibilities
Daily management of local regulatory reporting activities, financial control related activities:
Overall responsibility for all financial accounting, management information systems, analysis and review of all strategic investment options, local and foreign taxes, local and US regulatory compliance as well as liaison with internal and external auditors and bank regulators
Ensuring that accounting is in compliance with U.S. and IFRS principles and regulatory accounting guidelines and is reported in a timely and accurate manner;

Supervise the finance and controllership functions ensuring that senior management is aware of the control tone in the bank and adequate procedures are in place to manage and evaluate strategic, business, credit and operating risks in the bank. Ensure that Nigeria fully implements and complies with LRRD.

Position as Trusted Advisor to the CCO and Business heads in order to drive the business financial performance and embed an appropriate performance management framework to enable the business to succeed: Analytical analysis, approval and presentation of financial statements, and management profitability reports for internal and external use.
Participate in the formulation of the Country Strategic Plan and Objectives and coordinate the effort on budgeting and planning for the country. Work closely with the Cluster Planning and Analysis Team to ensure that analysis on the Nigeria financial information is accurate and value added.

Actively participating in the following franchise committees: Country Coordinating Committee (CCC), Business Risk, Compliance and Control Committee (BRCC), Asset and Liability Committee (ALCO), Local Regulator Reporting Governance Committee (LRRGC), Account Review Committee (ARC)

Participate in Regional Finance initiatives and rollouts, as well as the Africa Finance project initiatives
Responsible for effective leadership, training and development of staff within the Finance function.
Responsible for the Finance Management Control Self-Assessment (MCA) process, including design and implementation of the control framework, the quality assurance of the control file process, analysis of key risks identified, assessing the adequacy of corrective actions and following up of the implementation and appropriateness of corrective actions.Responsible for the controls over the balance sheet and ensuring balance sheet control conforms with the Global best practice

Ensure all financial input to the Board processes are timely, robust and complete, meeting any regulatory standards.
Ensuring that appropriate internal and external audits and examinations are conducted successfully, as well as ensuring that the tracking of corrective actions for these audits is diligently performed.
Develop a working relationship with the regulators, tax advisors and statutory auditors, anticipating and informing the CCO of significant regulatory developments and helping to create and implement strategies to bring about desired changes;
Chairing the Legal Entity Management Committee and managing the compliance with Citi’s Legal Entity Management Policy (“LEMP”)

Development Value:
Nigeria is one of the Invest to Grow countries in EMEA and has great future growth strategy. The successful candidate can help shape the future growth and development in this key market.
Excellent opportunity to gain wide knowledge of a diverse range of Business, regulatory and banking environment.
Performance Management and exposure to Business Management
Exposure to both internal, external and Regulatory audit


Minimum 10 years post qualification experience in Finance & Performance Management roles within the Financial Services Industry, 5 of which must have been at Senior Management level
Previous experience as CFO or Financial Controller in Finance Department of an internationally reputed bank
Sound understanding of Financial Control, Internal Control, Operational Risk Mgt., Regulatory Reporting, Financial and Management Accounting and FP&A desirable
Good knowledge of corporate and Institutional banking products.

Financial accounting expert
Regulatory reporting expert
Strong leadership skills
Strong communication
Tax reporting
Excellent budgeting and planning skills

First degree in any discipline or its equivalent
Chartered Accountant or equivalent – ICAN, ACCA etc.

Strong interpersonal and communications skills
Very strong control skills
Highly motivated self-starter and energetic with hands-on approach
Pro-active decision making with ability to champion Finance initiatives to a successful conclusion
Accountability and ownership
Strong leadership capabilities and ability to lead the overall Finance team through significant change
Excellent teamwork and project management skills
Excellent planning and execution skills

How to Apply
Interested and qualified candidates should:
Click here to apply online


Fela’s Bedroom Preserved Exactly How It Was Before His Death (Photo)

Today October 15th is late Fela’s 77th post-humus birthday. Above is his preserved belongings in his Kalakuta, Ikeja home shared by photographer Yagazie Emezi.

Pics: See Bundles Of N137m & Lexus Jeep Abandoned By Bank Robbers In Port Harcourt



FOILED BANK ROBBERY: Today at about 5:12 pm we received a distress call that some criminals robbed a new generation bank at Trans- Amadi, Port Harcourt. Instant action and hot chase by our men forced the armed robbers to abandoned their operational vehicle, Lexus jeep No. Rivers KRK 209 BX and escaped with gun shot wounds. Items recovered from the vehicle include the stolen money to the tune of 137 million Naira, one AK 47 rifle, rocket, an English made pistol and six magazines. The fleeing also abandoned another Lexus jeep at Rukpokwu along with three magazines and 160 rounds of 7.62 live ammunition. SCIID has taken over the case for discreet investigation. Rivers State Command

S12460_37 S2891_38 S24272_39

Ministerial Screening: Group Secures Court Order To Stop Amaechi – Daily Post

There are very strong indications that Peoples Democratic Party, PDP, working through one Livingstone Wechie, has secured a court order to stop the Senate from screening former Rivers State Governor, Rotimi Amaechi as a ministerial nominee.

Wechie through his organisation, Integrity Group had claimed, that Amaechi corruptly enriched himself while in office as Governor.

Amaechi had denied every of the allegations, describing it as a witch-hunt.

The order, reportedly secured from a Rivers State High Court, is expected to be served on the senate before its sitting, today, Thursday.

A source also hinted that the court papers had already been served on the Senate before the close of work on Wednesday.

Amaechi was initially one of the ten ministerial nominees scheduled to be screened on Wednesday but his screening was deferred as a result of the delay in the report of the Senate’s Ethics and Privileges Committee.amaechi1(1)


%d bloggers like this: