Mutual Benefits Microfinance Bank Limited is a leading Microfinance bank with its corporate head office at 10 Apapa Road, Oyingbo, Ebute-metta, Lagos. From inception the bank has tirelessly set the pace for other Microfinance financial institutions to follow; in terms of service quality, product functionality and exceptional customer service. The bank is strategically positioned to offer financial services support to small and micro-enterprises in Nigeria. Since the commencement of its operation, the bank has grown from its humble beginning to a mid size microfinance bank making it among the best microfinance bank in Nigeria however the aim of the bank is to be among the best in Africa.
We are currently recruiting highly experienced professional to fill the position below:
Job Title: Finance and Account Manager
Location: Ebute Metta, Lagos
Job type: Full-time
Reporting to: Managing Director
Job Descriptions
- Prepares the Management account and Key Analysis
- Prepares the CBN Returns before the deadline date
- Prepares returns to Industrial Training Funds (ITF)
- Authorizes Postings into Different GLs
- Review and authorizes memo for expenses
- Attending to audit engagement
- Attending to Tax audit exercises
- Prepares the Annual Returns Filing to Lagos Internal Revenue Service
- Attending to ITF examination engagement,
- Drive the company’s financial planning
- Perform risk management by analyzing the organization’s liabilities and investments
- Decide on investment strategies by considering cash and liquidity risks
- Control and evaluate the organization’s fundraising plans and capital structure
- Ensure cash flow is appropriate for the organization’s operations
- Supervise all finance personnel (controllers, treasurers etc.)
- Manage vendor relationships
- Prepare reliable current and forecasting reports
- Set up and oversee the company’s finance IT system
- Ensure compliance with the law and company’s policies
- Manage team of Finance analysts.
Qualifications
- B.Sc. / BA in Accounting, Finance or relevant field;
- MSc / MBA is an added advantage
- Membership of Strong Accounting Professional Bodies (ICAN, ACCA)
Requirements – Experience & Skills:
- Proven experience as Finance and Account Manager, Financial Controller or relevant role
- Minimum of 8 years of thorough finance background (3 of which must be as a CFO in Microfinance Bank)
- In depth knowledge of corporate financial law and risk management practices
- Advanced Financial Reporting.
- Excellent knowledge of data analysis and forecasting methods
- Must be an advanced user of Microsoft Excel package
- Proficient in the use of Microsoft Words
- Ability to strategize and solve problems
- Strong leadership and organizational skills
- Excellent communication and people skills
- An analytical mind, comfortable with numbers
- Problem Solving Abilities
- Leadership Skills and Strategic Vision.
- Cash Management, Financial Accounting and Corporate Finance Competence.
- Strong Work Ethic
- Professionalism
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Job Title: State Loan Operator
Location: Oyingbo, Lagos
Job Type: Full-time
Job Objective
- The Role of a Loan Operator will report to the review officers of the Public Sector of the company. His/her major responsibility is to book all the company’s retail loan product and the asset products in his/her State.
Job Description
The specific and general functions of the State Loan Operator are as stated below:
Marketing and Sales Management:
- Determining the risk level of every application.
- Authorizing an initiated application.
- Follow up on authorized transactions till disbursement stage.
- Ensuring customer(s) satisfaction at all time.
- Deciding on the loan amount based on the Debt-To-Income-Ratio.
- Managing of turn-around-time (TAT) on any requests.
- Attending to customer(s) request, enquiries and complaints.
- Verifying the authenticity of customer(s) documents.
- Initiating loan for customer(s) within 12 hours.
- Following up the initiated loans till disbursement stage within 12 hours.
- Ensuring customer(s) satisfactory.
- Reporting of daily transactions to the appropriate departments.
Budget & performance Management:
- To ensure all loans with complete documentations are treated within the stipulated TAT at the State Level.
- Controls expenses to meet the state budget.
- Provides timely feedback (daily, weekly, monthly and Quarterly reports) to the Head of Credit when required.
Risk Management and Capacity Development:
- Ensure the State NPL and PDOs are within set thresholds and always below company’s average.
- Ensures adherence to all company policies, procedures and business ethics codes are communicated within the team in the states.
Relationship Management:
- Ensure that He/she meet and/or exceed their monthly target.
- Maintains contact with key decision makers within the state to ensure high levels of client satisfaction and business continuity.
- Manage internal relationship within the state.
Leadership and Capacity Building:
- Delegate authority and responsibility with accountability and follow up.
- Set examples for others in areas of personal character, commitment, organizational and selling skills and work habit.
Qualifications
The minimum entry requirement for this role is:
- A good HND / Bachelor’s degree in Social Science field, professional qualification in a related field will be an added advantage.
- Minimum of 2 years of experience in sales or similar roles.
Skill, Knowledge and Abilities:
- Excellent selling and interpersonal skills
- Ability to work independently and within a team
- Proven leadership skill.
- Must have strong communication and relationship management skills.
- Must be able to prioritize responsibilities.
- Must demonstrate high level of initiative, creativity and ability to think outside the box.
- Strong understanding of Public Sector Business.
- Strong understanding of customer and market dynamics and requirements.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Job Title: Loan Review Officer
Location: Oyingbo, Lagos
Job Type: Full-time
Job Description
The specific and general functions of the Review Officer are as stated below:
Review of all company loan and asset Management:
- Monthly reconciliation of loan before deductions.
- Ensuring full rendition of disbursement, settlement and deduction reports.
- Collating and submitting of deduction schedule.
- Refund of customers.
- Identified accounts that are above sanctioned limits, pending payments and non-performing loans.
- Generates a detailed list of non-performing loans according to severity of delinquency.
- Ensure a second level review of loan before disbursement, settlement and deduction reports.
- Accounting for accurate and proper document vetting, loan document scanning and transaction data capturing by the loan operators.
- Ensure that all loans and asset products of the company are reviewed within the TAT.
Budget & performance Management:
- Track DSEs performance at the State Level.
- Controls expenses to meet the state budget.
- Provides timely feedback (daily, weekly, monthly and Quarterly reports) to the Public Sector Head.
Risk Management and Capacity Development:
- Ensure the State NPL and PDOs are within set thresholds and always below company’s average.
- Ensures adherence to all company policies, procedures and business ethics codes are communicated within the team in the states.
Relationship Management:
- Ensure that all DSEs meet and/or exceed their monthly budget.
- Maintains contact with key decision makers within the state to ensure high levels of client satisfaction and business continuity.
- Manage internal relationship within the state.
Leadership and Capacity Building:
- Delegate authority and responsibility with accountability and follow up.
- Set examples for DSEs in areas of personal character, commitment, organizational and selling skills and work habit.
- Conduct regular training, coaching and counseling within the DSEs in the state.
Qualifications
The minimum entry requirement for this role is:
- A good HND / Bachelor’s degree in Accounting, Finance or any Social Science field, professional qualification in a related field will be an added advantage.
- Minimum of 2 years of experience in similar roles.
Skill, Knowledge and Abilities:
- Advanced proficiency in the use of Excel and Accounting software
- Ability to work independently and within a team.
- Must have strong communication and relationship management skills.
- Analytical skills.
- Good presentation skills.
- Must be able to prioritize responsibilities and must be highly spontaneous.
- Must demonstrate high level of initiative, creativity and ability to think outside the box.
- Good interpersonal skills
- Strong understanding of customer and market dynamics and requirements.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Job Title: Direct Sales Executive (DSEs)
Location: Oyingbo, Lagos, Nigeria
Job Type: Full-time
Job Objective
- To Develop and manage the company’s products and all sales activities in assigned market, drive to achieve targets, budgets and results, providing optimum levels of maximum profitability and growth in line with the company’s vision and values.
Job Description
The specific and general functions of the Direct Sales Executive (DSE’s) are as stated below:
Marketing and Sales Management:
- To sell and market all company retail loans and asset product in peculiarity of the business in that State
- Develops a business plan and sales market strategy for the State that ensures attainment of sales goals and profitability.
- Establishes plans and strategies to expand the customer base in the state
- Initiates and develop plans to penetrate new markets in the various MDAs within the State.
- Analyze financial statement to determine customers’ credit status.
- Initiate and follow up the sales process from initial contact phase till closure.
- Research and analyze sales options and identify business opportunities.
- Develop and maintain productive business relationships with all prospects, partners and clients.
- Follow up on loan repayment in accordance to repayment schedule.
- Serve as point of contact to customers and respond to their needs.
- Budget & performance Management:
- To provide daily, weekly and monthly report for the Business Head at the State Level.
Risk Management and Capacity Development:
- Ensure proper KYC in other to eradicate State NPL and PDOs are within set thresholds and always below company’s average.
- Ensures adherence to all company policies, procedures and business ethics codes are communicated within the states of operation.
Relationship Management:
- Ensure that monthly set target is meet and/or exceed.
- Maintains contact with key decision makers within the state to ensure high levels of client satisfaction and business continuity.
- Manage internal relationship within the state.
Qualifications
The minimum entry requirement for this role is:
- A good HND / Bachelor’s degree in a Social Science field, professional qualification in a related field will be an added advantage.
- Minimum of 2 years of experience in sales and similar roles.
Skill, Knowledge and Abilities:
- Ability to work independently and within a team.
- Must have strong communication and relationship management skills.
- Market research and analytical skills.
- Good presentation skills.
- Must be able to prioritize responsibilities and must be highly spontaneous.
- Must demonstrate high level of initiative, creativity and ability to think outside the box.
- Advanced selling and interpersonal skills
- Strong understanding of customer and market dynamics and requirements.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online