The motion of a particle near the Reissner-Nordstrom black hole horizon is described by conformal mechanics. In this paper we present an extended one-dimensional analysis of the N=4 superconformal mechanics coupled to n copies of N=8, d=1 vector supermultiplets. The constructed system possesses a special Kahler geometry in the scalar sector of the vector multiplets as well as an N=4 superconformal symmetry which is provided by a proper coupling to a dilaton superfield. The superconformal symmetry completely fixes the resulting action. We explicitly demonstrate that the electric and magnetic charges, presenting in the effective black hole action, appear as a result of resolving constraints on the auxiliary components of the vector supermultiplets. We present the component action, supercharges and Hamiltonian with all fermionic terms included. One of the possible ways to generalize the black hole potential is to consider a modified version of the N=4 superconformal multiplet where its auxiliary components acquire non-zero constant values. We explicitly write down the corresponding modified black hole potential.
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