Job Title: Accounting/ IFRS /Basel II/III Specialist
Job ID: 20
Department: Financial Policy and Regulation
Location: Abuja, Nigeria
Company: Central Bank of Nigeria – CBN
Sector: Banking
Recruiter: FSS Directorates
Objective: Guide regulatory interpretation and response of the Central Bank of Nigeria to global financial industry decisions and regulation on accounting, risk management and financial reporting by financial institutions
Job Responsibilities:
1. Define the strategy for IFRS, Basel II and Basel III compliance by Nigerian banks
2. Provide advice on interpretation and the implementation of applicable accounting standards and global financial industry regulations and standards.
3. Define local strategy for implementation of and compliance with applicable accounting standards and financial industry regulations.
4. Review regulatory guidance (IFRS, Basel II/III) and ensure that industry risk frameworks comply with benchmark regulations for various fixed income assets used in investment and monetary policy operations of banks, with a particular emphasis on structured credit products and covered bonds
5. Participate in Stress Testing of Financial Institutions
6. Contribute to the review and update of the CBN's accounting policies
1. Research accounting and reporting issues
2. Recommend actions based on changes in reporting and/or accounting requirements
3. Review accounting for technical and complex accounting transactions, including derivatives, purchase accounting, equity, stock-based compensation, impairment analyses, and others to ensure compliance with IFRS requirement and development of accounting policies
Qualification:
1. First degree /HND in Accounting, Finance, Mathematics, Economics or related disciplines
2. A post graduate degree is an added advantage
1. Membership of the following professional bodies is an added advantage: Association of Chartered Certified Accountants (ACCA), Institute of Chartered Accountants of Nigeria (ICAN), Chartered Institute of Taxation of Nigerian (CITN), Association of National Accountants of Nigeria (ANAN)
2. Possession of the following certifications is an added advantage: Certified Chartered Accountant (CCA), Certified Public Account (CPA), Certified Management Accountant (CMA)
Experience:
1. Senior Manager: Minimum of 8 years experience in an accounting role in a large institution. At least 3 years must have been spent in a management position
2. Manager: Minimum of 6 years experience in an accounting role in a large institution
3. Not more than 50 years old
Application Link: CBN Job Portal
Deadline: 07 May 2012.
Accounting / IFRS / Basel II/III Specialist Job (http://www.jobnavy.com/job/2429/accounting-ifrs-basel-iiiii-specialist-job-at-central-bank-of-nigeria-cbn/)