Executive Director- Business Development, General Manager-Finance and Admin at Nigeria inter-Bank Settlement System

Vacancies: Executive Director- Business Development, General Manager-Finance and Admin

Nigeria inter-Bank Settlement System (NIBSS) is a leading payments and settlement institution in Nigeria. Established in 1993, the Company is jointly owned by all licensed banks, including Central Bank of Nigeria and Discount Houses. It was set up as a Banking Industry Shared- Service to streamline inter-bank payments and settlement mechanisms, and to promote electronic payments in Nigeria. The Company also provides the infrastructure for automated processing, settlement of payments and funds transfer between banks, stockbrokers, discount houses and card companies.

 

NIBSS is currently implementing key strategic initiatives aimed at re-positioning and transforming the Company as a world-class payment and  settlement institution. In line with this drive, the Company desires to recruit suitably qualified, competent and self-motivated individuals to fill the following management positions:

 

Position:     Executive Director, Business Development (ES00616)

 

Reporting to the CEO, the successful candidate will be primarily focused on strategy, product development and management, and sales/relationship management. He/she will be responsible for defining the appropriate business model to support NIBSS’ strategy, serve as the primary point of contact for new and existing clients, and manage all aspects of interaction with clients. Other specific responsibilities will include:

 

  • Develop and implement NIBSS’ product road map, in line with the Company’s vision and strategy.
  • Coordinate new product development initiatives from conception/design through to final delivery, working with customers and various internal functions.
  • Identify strategic business-building opportunities in products and services, and develop relationships with appropriate parties to deliver the required solutions.
  • Drive and monitor NIBSS’ business activities to achieve maximum market penetration and growth.
  • Define and review pricing strategies for various NIBSS’ products.

 

Qualifications, experience and Attributes

  • A good first degree in any related discipline from a reputable institution. Relevant post-graduate degree(s) such as MBA will be a distinct advantage.
  • Minimum of 10 years5 senior management experience in payments or related industry such as financial services, telecommunications and ICI.
  • Good understanding of various payment products and risk and compliance issues related to payments, including fraud prevention anti-money laundering (AML), scheme rules, etc.
  • Excellent knowledge and appreciation of the payments business, including emerging payment methods and schemes.
  • Strong commercial acumen and good appreciation of business strategy issues, customer relationship and business performance management,
  • Excellent leadership, interpersonal relationship management, negotiation and communications skills.

 

Position:     General Manager, Finance and Admin (ES00617)

Reporting to the CEO, the successful candidate will have overall responsibility for the development and implementation of appropriate financial management framework to support the realization of overall corporate goals and objectives of the Company. He/she will safeguard the assets of the Company and maintain the integrity of the financial reports. In addition, he/she will have oversight responsibility for all the back-office functions in NIBSS, including Admin, HR, Legal and Logistics. Other specific responsibilities will:

  • Manage NIBSS’ financial resources and ensure conformity of all financial reports with corporate accounting policies and principles.
  • Coordinate financial planning, operations and controls of the Company for optimal efficiency and ensure the functionality of the Company’s financial structure.
  • Oversee the preparation of the Company’s financial and management reports monthly, quarterly and annually).
  • Serve as the repository of information on, general economic, business and financial conditions, analyzing their impact on the Company’s strategies and objectives/for use by executive management.
  • Implement efficient internal control processes and regulatory compliance; oversee and co-ordinate the Company’s external audit and tax matters.
  • Manage relationship with all stakeholders, including financial institutions, auditors and regulatory authorities.

 

Qualifications, experience and Attributes

  • A good first degree from a reputable institution.
  • Post-graduate degree(s) in Finance, Economics or Business Administration.
  • Relevant professional qualification(s) in accounting such as ACA.
  • Minimum of 10 years’ relevant experience in a senior financial management position.
  • Previous experience as a CFO-or Finance Controller will be an added advantage.
  • Strong analytical background, and demonstrable ability to establish goals and deliver results.
  • Strategic mindset and strong negotiation skills.
  • Familiarity with major accounting applications.

 

How to apply:

To apply please quote appropriate reference number as the subject of your e-mail and send your current curriculum vitae (prepared as a Microsoft word document, and saved with your full names) to us at recruitment@ng.kpmg.com on or before 31st December 2011.

Please include in your application, a statement of how you meet the advertised criteria, as well as names and contact details (including telephone and e-mail addresses) of three referees who are knowledge about your professional achievements and abilities.

 

All the positions are based in Lagos. The CEO position is exclusive to Nigerians within and outside the country. Other positions are opened to both Nigerians and non-Nigerian applicants. All applications will be treated in strict confidence. Only short-listed candidates will be contacted.

 

 

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