January 30, 2023

Personal Trust is a Microfinance Bank in Lagos and a subsidiary of First Ally Capital Limited (FACL). Formerly known as Personal Trust Savings and Loans, the Bank was registered in 1993 and operated as a Mortgage Bank until its conversion to a Microfinance Bank in 2014. Personal Trust has a branch network at strategic locations in Lagos State and provides banking services to individuals, micro, Small and medium enterprises (MSME).

We are recruiting to fill the position below:


Job Title: Head, Financial Control

Location: Surulere, Lagos
Employment Type: Full-time

Job summary

  • The Head Financial Control will support the Managing Director to develop and oversee the execution of a finance, treasury and management strategy that enables the achievement of long-term goals and operational plans.
  • The job holder will oversee the bank’s financial planning and strategy, financial management and control, treasury management, tax and other oversight functions.

Duties and Responsibilities

  • Contributes to the formation of the business strategy and ensure that all financial policies, procedures and systems are sound
  • Provides financial direction, planning and accounting to the business, covering short term and long-term financial goals
  • Management of treasury and investment to ensure optimal liquidity and negotiate/arrange external finance when required
  • Monitors banking activities and ensure regular reconciliations of all banking transactions
  • Develops plans, budgets, forecasts and financial results to guide management decisions by forecasting, analyzing variances and initiating corrective actions
  • Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances
  • Oversee the activities of external auditors, CBN and NDIC examiners and ensure 100% compliance with set guidelines
  • Manage relationships with regulatory and statutory bodies, i.e. LIRS, FIRS, etc.
  • Ensures adequate insurance coverage on all operational activity
  • Ensures adequate controls are installed and maintained to cover all financial transactions, including safeguarding financial assets.
  • Oversees activities of employees and teams (i.e. coaches, appraises, rewards, motivates, discipline, etc.).
  • Oversee any outsourced accounting functions
  • Ensure that financial reports comply with the International Financial reporting standard (IFRS) and constantly keeping abreast of developments in the space
  • Authorize expenditure/ transactions in line with the bank’s approval limits
  • Flexibility to carry out any other task as requested by Management.
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  • HND / BSc  in Accounting, Economics or a related field
  • Evidence of completion / exemption of/from NYSC
  • Professional qualification such as ICAN, ACA, ACCA
  • Evidence of completion of Microfinance Certification program


  • Minimum of five (5) years’ experience in a similar role at a financial institution
  • Knowledge of Financial management systems, accounting policies and standards, tax management, costing accounting etc.
  • Treasury and investment management experience
  • Knowledge of the Microfinance banking framework


  • Strong working knowledge of Excel
  • Strong presentation and financial modeling skills
  • High attention to detail.
  • Strong budget and management skills, including proven ability to manage project/process.
  • Ability to adapt to change quickly and multi-task.
  • Ability to deal with ambiguity, tight timelines, multiple priorities, and demanding customers, in a fast-moving, constantly changing environment.
  • High degree of professionalism, maturity and confidentiality.
  • Strong oral, written interpersonal and presentation skills.
  • Strong analytical and problem-solving skills.
  • Ability to work within and manage a team of professional, guiding and coordinating towards achieving common objectives.
  • Conflict resolution and / or mediation skills
  • Influencing and Negotiation skills
  • Strong leadership and excellent interpersonal skills.




Job Title: Financial Control Officer

Location: Surulere, Lagos
Employment Type: Full Time

Job Summary

  • The Financial Control Officer is responsible for reconciliation and settlements activities and will provide revenue assurance to the bank.

Duties and responsibilities

  • Ensure daily reconciliation and posting of all of all transactions and provide daily/weekly reconciliation and settlement reports
  • Support the E-business team in resolving settlement and reconciliation matters
  • Monitor income/fees and ensure value is promptly transferred to the bank
  • Verify the incoming and outgoing payment on e-channel accounts
  • Reconcile bank statement with entries in the bank ledger on a daily/weekly/monthly basis and present the reconciliation reports
  • Prepare daily and weekly report on over/under-settlement of transactions
  • Identify, follow up and investigate unreconciled transactions or discrepancies to enable prompt resolutions
  • Liaising regularly with various bank account officers on issues relating to direct debits, standing orders, unidentified credits and charges from time to time.
  • Monitors the deduction on loan and facilities with various banks and reconciling with terms and conditions in of the offer
  • Develop and maintain business relations with payment partners
  • Liaise with the settlement bank and payment processing companies on potential under-settlement and ensure resolution of issues identified in line with the company’s policies and procedures
  • Advise the finance team of possible over-settlement for necessary provisions
  • Maintain reconciliation records
  • Rendition of monthly returns and processing of associated payments for FIRS, LIRS and PFAs within seven days of deduction
  • Sending daily dashboard report to management
  • Provide support to other finance team a required
  • Support end of day/month and year process
  • Flexibility to carry out any other task as requested by Management
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  • HND / BSc / in Accounting, Economics or a related field with 1-3 years work experience
  • Evidence of completion/ exemption of / from NYSC
  • ICAN or ACCA qualification


  • Previous experience as a reconciliation/account officer


  • Experience reconciling accounting figures and financial records
  • Great analytical skills for decision making and problem solving
  • Strong client relationship management and customer service skills
  • Team player with the ability to work with multiple parties
  • Advanced computer software skills, including Microsoft excel
  • Organization and time management abilities
  • Meticulous attention to detail and accuracy
  • Ability to multi task and meet tight deadlines



How to Apply
Interested and qualified candidates should send their CV to: with the Subject “Head, Financial Control” or “Financial Control Officer”.

Note: If you do not get a response from the Recruiter after 4 weeks of this publication, please note that your application was not successful

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