Job at Central Bank of Nigeria: Accounting Specialist

Role: Accounting Specialist on IFRS Department: Banking Supervision Department Objective: Ensure the CBN keeps abreast with the International Financial Reporting Standard and is able to adequately monitor implementation cross the banking industry. Job Responsibilities:
1. Provide advice on interpretation and the implementation of IFRS requirements
2. Define local strategy for implementation of and compliance with accounting standards and IFRS disclosure 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
4. Review controls to ensure integrity of banks’ financial information and financial statement disclosure and reporting
5. Provide advice on interpretation and implementation of IFRS including compliance by financial institutions
6. Define strategy for IFRS compliance by Nigerian banks
7. Ensure timely regulatory direction and advisory to the banking industry on all IFRS developments, changes in legislation
8. Ensure timely implementation of IFRS across the industry
9. Liaise with the financial services industry and industry groups to promote IFRS compliance
10. Participate in financial services industry and industry groups knowledge sharing on IFRS and compliance by banks
11. 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
Job 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)
Job Experience:
1. Senior Manager: Minimum of 8 years relevant experience in finance and accounting. At least 3 years must have been spent in a management position
2. Manager: Minimum of 6 years relevant experience in finance and accounting
3. Not more than 50 years old
Vacancy Post Date: Wednesday 21 March 2012
Vacancy Expires On: Wednesday 02 May 2012
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