External Auditors at FUTO Microfinance Bank Nigeria Limited

FUTO Microfinance Bank Nigeria Limited is one of the Community Banks that were approved for conversion to a Unit Microfinance by the Central Bank of Nigeria (CBN) in December 2007. The Bank is situated on the Campus of the Federal University of Technology, Owerri and draws its customers from the University, Staff, Students and Contractors of the University and from the surrounding communities. The Bank has vacancy for the under listed position:

 

NOTE: The right Firm must have in its employment staff who are highly motivated and dynamic with relevant qualifications in Accountancy.

 

Position:     External Auditors

Key Responsibilities

  • To make to the Shareholders a report on the annual financial statement of the Company and every such report shall contain true and fair statements as to the matters and such other information as may be prescribed from time to time by the Central Bank of Nigeria.
  • To ascertain whether the accounting and reporting policies of the Company are in accordance with legal requirements and agreed ethical practices;
  • To review the findings on management matters in conjunction with the internal auditor and departmental responses thereon;
  • Any other additional functions and powers that the Company’s Articles of Association may stipulate.

 

Job Requirements:

The ideal Firm for the position shall satisfy die following requirements:

  • A member of a recognized professional accountancy body in Nigeria;
  • Continues in professional practice as accountant and auditor in Nigeria;
  • Have a minimum number of three (3) partners;
  • Must show evidence that they have been External Auditors to a Microfinance Bank, other banking or relevant bodies, for at least five (5) years;
  • Must show evidence of tax clearance certificate of Partners;
  • Must have a known office address;
  • Must have qualified staff with cognate experience.

 

Remuneration:

The remuneration package for the position is attractive and consistent with what obtains in the industry.

 

Method of Application:

To apply, please send ten (10) copies of type written application with detailed profile of your Firm addressed to the undersigned.

 

NOTE: Applications must reach the undersigned on or before 20th March 2012

 

Company Secretary Futo Microfinance Bank Nig. Ltd

P.M. B. 1526 Owerri Imo State.

 

 

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