CFO

Job Title: Chief Financial Officer
Location: Lagos, Nigeria
Industry: Microfinance
Type: Full-Time

Key Responsibilities:

• Establish and develop bank-wide financial management objectives, policies, procedures, and practices.
• Manage and develop the accounting, tax, reporting, controlling, and treasury units.
• Provide oversight of all aspects of the finance functions of the Bank.
• Develop and maintain internal controls systems to safeguard financial assets and ensure effective operations.
• Manage liquidity, liquidity forecasts, and funding of the Bank.
• Lead capital management and planning initiatives.
• Oversee financial risks and implement mitigation strategies.
• Manage financial reporting both internally and in compliance with external bodies.
• Determine the financial implications of business activities in collaboration with management.
• Establish policies and procedures for all areas of financial management and ensure continuous development.
• Respond promptly to specific financial challenges/issues.

Key Competencies:

• Strategic Leadership: Ability to develop and execute financial strategies aligned with organizational goals.
• Team Management: Proven experience in leading and developing a high-performing finance team.
• Finance Strategy development and implementation at C-Level executive.
• Risk Management: Strong understanding of financial risks and the ability to implement effective mitigation strategies.
• Financial Reporting: Expertise in financial reporting management, both internally and in compliance with external regulations.
• Liquidity Management: Experience in managing liquidity, liquidity forecasts, and funding for financial institutions.
• Policy Development: Ability to establish and continuously develop policies and procedures for financial management.
• Problem-Solving Skills: Capacity to respond promptly to specific financial challenges and issues.
• Collaboration: Strong interpersonal skills to collaborate effectively with other departments and senior management.
• Ethical Conduct: Maintain the highest standards of integrity and ethical conduct in financial management.

Person Profile:

• Education: Master’s degree in Finance, Accounting, or a related field.
• Accounting or Finance Certification such as (ACCA, ICAN, CFA or related accreditation)
• Experience: Minimum of 10 years of progressive experience in financial management, with at least 5 years in a leadership role within the financial industry.
• Industry Knowledge: Strong knowledge of banking (preferable commercial banking sector) or financial institutions.
• Experience with issuance of commercial papers, bonds and capital markets is an extra plus.