Summary
Date Posted: Monday, August 19 2024, Base Salary: Not Disclosed

JOB DETAILS:
About Us
Our client eTranzact Platform Limited, is a leading global technology company specializing in providing innovative payment solutions to businesses of all sizes. Our mission is to revolutionize the way transactions are conducted in the digital era, making it more secure, efficient, and accessible for everyone.

The Role
Reporting Line: Group Finance Head

The Head of Finance and Compliance will have oversight of our Finance, Compliance and Administration functions in line with BOU regulations.

Finance
• Oversee the financial operations while ensuring compliance with accounting standards and regulations and provide strategic financial guidance to senior management by reporting on key statutory, regulatory, and management reports.
• Monitor the day-to-day financial activities of the company to drive financial decisions that contribute to the financial health of the company
• Monitor and evaluate financial performance against budget and forecast, identifying areas for improvement, and implementing corrective actions.

Compliance
Regulatory Compliance
• Stay abreast of changes in financial regulations and ensure that the organization is up to date with all relevant laws and industry guidelines ○ Interpret and communicate regulatory requirements to relevant departments within the organization
• Collaborate with legal and regulatory affairs teams to address compliance issues and provide guidance on regulatory matters

Policy Development and Implementation:
• Develop and update compliance policies and procedures to reflect changes in regulations and industry best practices
• Implement policies across the organization, ensuring that employees are aware of and adhere to compliance requirements
• Conduct regular training sessions to educate employees on compliance policies and procedures

Risk Assessment:
• Conduct regular risk assessments to identify and evaluate potential compliance risks
• Develop strategies to mitigate identified risks and ensure that appropriate controls are in place
• Collaborate with other departments to integrate compliance
• considerations into business processes and systems
• Interact with specialist risk areas (operational risk, financial crime risk management, information security and risk, market risk et al) to ensure that business risk management requirements are addressed across all stages of engagement and partnership execution.

Administration
• Streamline administrative processes and systems to optimize workflow, minimize redundancy, and improve overall effectiveness.
• Manage and monitor budgets, expenses, and purchasing activities to ensure cost-effectiveness and adherence to financial guidelines.
• Oversee and manage the daily operations of the administrative team, including supervising administrative staff, delegating tasks, and providing guidance and support.

Requirements
• Bachelor’s degree in Financial Management or a related discipline
• At least of 8 years of experience in a finance leadership role regarding regulatory compliance oversight with extensive knowledge of AML, payment processing and digital payment regulations and best practices preferably at a financial institution.
• Familiarity with local regulations and enforcement trends across various areas of finance and compliance.
• Ability to drive, implement, oversee and manage regional policies and procedures to ensure global and local compliance with regulations and best practices.
• Proven track record of successfully managing regulatory compliance functions, implementing best practices, and driving process improvements.
• Excellent analytical, problem-solving, and decision-making abilities. Must possess the ability to understand and anticipate broader impact of enhancement initiatives and engage appropriate stakeholders.
• Effective communication and presentation skills, with the ability to influence and collaborate with stakeholders at all levels.
• Ability to navigate complex regulatory environments and adapt to changing regulations.
• CPA/ACCA or a similar accounting certification is a must-have.
• Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS) or Certified Fraud Examiner (CFE) are highly desirable.


Work Hours: 8

Experience in Months: 96

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified, Click here to apply.


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