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

Job Summary

As the Chief Financial Officer, you will play a pivotal role in the strategic financial management of the bank, you will be responsible for establishing and developing bank-wide financial management objectives, policies, and practices. Leading a team of professionals, you will oversee the accounting, tax, reporting, controlling, and treasury units to ensure the Bank’s financial health and compliance.

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.