Job Summary
The Financial Controller will spearhead strategic financial guidance while managing all financial, regulatory, risk management, and compliance operations within the microfinance bank.
The Financial Controller will uphold compliance with CBN regulations, spearhead digital banking financial operations, oversee enterprise-wide risk management, refine capital structure optimization, and generate precise financial reporting facilitating strategic decision-making and foster sustainable business expansion.
Oversee daily operations to ensure compliance with established policies and procedures. Develop and implement strategic plans to enhance efficiency and productivity. Manage a team of professionals, providing guidance, support, and performance evaluations. Monitor workflows to identify areas for improvement and implement solutions. Maintain accurate records and documentation in accordance with regulatory requirements. Foster a collaborative work environment by promoting teamwork and open communication. Collaborate with other departments to align goals and streamline processes. Ensure all tasks are completed within specified deadlines while maintaining high-quality standards. Provide regular reports to senior management regarding performance metrics and operational progress.
Strategic financial planning and leadership entails crafting and executing long-term financial strategies to drive organizational growth and stability. This role demands the ability to lead financial teams, foster cross-functional collaboration, and provide data-driven insights to senior management. Key responsibilities include developing comprehensive financial models, overseeing budgetary processes, and ensuring alignment with corporate objectives. The ideal candidate will possess strong analytical skills, exceptional leadership capabilities, and a proven track record in financial strategy development and implementation.
Collaborate closely with the CEO and Board of Directors to develop and implement the bank’s financial strategy and digital transformation initiatives.
Devise and execute strategic financial frameworks, operational blueprints, and predictive financial models that are fully harmonized with the distinct operational parameters and evolving trends characteristic of the microfinance sector.
Oversee capital planning initiatives, manage budgeting procedures, and conduct financial forecasting activities.
Drive strategic financial planning initiatives and provide leadership in financial management to ensure organizational growth and stability.
Collaborate closely with the CEO and Board of Directors to develop and implement the bank’s financial strategy and digital transformation initiatives.
Devising and executing financial strategies, business plans, and models tailored to the unique dynamics of the microfinance sector.
Oversee capital planning initiatives, manage budgeting processes, and conduct financial forecasting activities.
Foster innovation within digital financial services while ensuring disciplined financial stewardship.
Regulatory Compliance & CBN Reporting: Ensuring adherence to all applicable laws, regulations, and internal policies while maintaining accurate and timely reporting to the Central Bank of Nigeria (CBN). This role involves monitoring changes in regulatory requirements, implementing necessary adjustments to policies and procedures, and preparing comprehensive reports for submission to the CBN. The position requires a thorough understanding of banking regulations, strong analytical skills, and meticulous attention to detail to mitigate risks and ensure full compliance with all statutory obligations.
Ensure complete adherence to all regulatory directives, circulars, and prudential standards issued by the Central Bank of Nigeria (CBN) for microfinance banks.
Responsible for ensuring all regulatory returns—including monthly, quarterly, and annual prudential submissions, as well as BIOSCOPE, FDIC, FCC, and FRC filings—are submitted in a timely manner.
Act as the primary point of contact and foster ongoing communication with representatives from the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (FDIC), and other relevant regulatory authorities.
Prepare comprehensive plans and strategies to ensure successful completion of CBN examinations and regulatory audits, adhering to all applicable guidelines and standards.
Stay abreast of and execute any evolving regulatory changes that impact microfinance activities.
Oversee financial operations and ensure efficient management of resources, including budgeting, forecasting, and financial reporting. Develop and implement financial policies and procedures to maintain compliance with regulatory standards and organizational objectives. Analyze financial data to identify trends, assess risks, and provide strategic recommendations for improved decision-making. Monitor cash flow, manage investments, and optimize capital structure to support sustainable growth. Collaborate with cross-functional teams to align financial strategies with overall business objectives and drive operational excellence.
We are seeking a professional to oversee accounting, treasury operations, financial planning and analysis, taxation compliance, and financial reporting responsibilities. The role involves managing core financial functions to ensure accuracy, compliance, and strategic decision-making. Key duties include maintaining financial records, optimizing cash flow, forecasting financial performance, ensuring tax obligations are met, and producing transparent financial statements for stakeholders.
Responsible for directing the preparation of financial statements that comply with International Financial Reporting Standards (IFRS) and have undergone a formal audit process.
Oversee liquidity management to ensure adherence to Central Bank of Nigeria (CBN) liquidity ratio mandates and capital adequacy standards.
Oversee the quality of the loan portfolio, evaluate provisioning requirements, and manage non-performing loans (NPLs) to ensure financial stability and compliance with regulatory standards.
Streamline operational efficiency and enhance the cost-to-income ratio to drive financial performance and sustainable growth.
Responsible for managing funds transfer pricing and conducting profitability analysis for various products and channels.
We specialize in the identification, assessment, and mitigation of financial risks to safeguard organizational assets and ensure regulatory compliance. This role demands a strong analytical mindset, proficiency in risk modeling, and the ability to interpret complex financial data. Key responsibilities include developing risk management frameworks, monitoring market trends, and implementing strategies to minimize exposure. Candidates should possess advanced degrees in finance, economics, or related fields, alongside relevant certifications such as FRM or CFA. Prior experience in financial risk analysis, regulatory reporting, and cross-functional collaboration is essential.
Design and execute robust financial risk management frameworks to ensure organizational resilience and compliance with regulatory standards. Construct and deploy comprehensive strategies that identify, assess, and mitigate financial risks while aligning with corporate objectives and industry best practices.
Oversee financial risks, including credit, market, and liquidity exposures, to ensure organizational stability and compliance with regulatory standards.
Attend and contribute to Management Committee meetings as well as Asset and Liability Committee (ALSO) sessions.
Establish and maintain stringent financial controls alongside proactive fraud prevention measures to safeguard organizational integrity.
Evaluate and oversee adherence to established exposure thresholds and concentration hazards.
Oversee the digital banking financial operations to ensure accuracy, compliance, and efficiency in all transactions and reporting. Maintain rigorous financial controls and monitor digital banking activities to mitigate risks and detect discrepancies. Implement and enforce policies and procedures to safeguard financial integrity while optimizing digital banking performance. Collaborate with cross-functional teams to align financial strategies with broader organizational objectives.
Work collaboratively with technology leadership to evaluate and prioritize digital infrastructure investments, conducting detailed ROI analyses to ensure optimal resource allocation and strategic alignment.
Manage financial controls integrated within digital platforms and payment systems to ensure adherence to regulatory standards and operational integrity.
Oversee the financial aspects of transaction processing and the economic performance of digital channels, ensuring costs are controlled and value is maximized.
Transform existing financial processes and reporting systems through the implementation of automation technologies. Spearhead efforts to enhance efficiency, accuracy, and scalability in financial operations by leveraging advanced automation solutions. Ensure seamless integration of automated workflows to streamline data processing, reduce manual intervention, and improve overall financial reporting capabilities.
Assess potential fintech collaborations by analyzing their financial stability and evaluating the associated costs and benefits.
Treasury and Funding Management: Overseeing the strategic allocation, optimization, and safeguarding of financial resources, this role involves meticulous management of liquidity, capital, and risk to ensure the organization’s financial stability. Key responsibilities include developing and executing funding strategies, managing relationships with banking partners and investors, and ensuring compliance with regulatory requirements. The ideal candidate will possess strong analytical skills, proficiency in financial modeling, and expertise in treasury operations, along with a deep understanding of market trends and risk management frameworks. Excellent communication and stakeholder management abilities are essential to report on financial performance and align treasury objectives with broader corporate goals.
Develop and execute a comprehensive funding strategy focused on attracting deposits, securing borrowings, and executing capital raises to support organizational growth and financial objectives.
Responsibilities include managing treasury operations and strategically investing surplus funds in instruments approved by the Central Bank of Nigeria (CBN).
Build and maintain strategic partnerships with Development Finance Institutions (Dais), impact investors, and other funding partners.
Ensure adherence to the Central Bank of Nigeria (CBN) single obligor and exposure limits to maintain regulatory compliance.
Oversee compliance with statutory reserve obligations as mandated by the Central Bank of Nigeria (CBN).
Oversee governance structures and cultivate board-level relationships to ensure alignment with organizational objectives and compliance standards. Develop and implement policies to enhance board effectiveness and transparency, while fostering productive interactions between the board and executive leadership.
Present financial reports and strategic proposals to the Board of Directors to ensure informed decision-making and alignment with organizational objectives.
Duties involve participating in the Audit, Risk Management, and Finance & Investment Committees, contributing to strategic oversight, governance, and financial stewardship initiatives.
Ensure the efficient management of both internal and external audit processes while facilitating the prompt resolution of all identified audit findings.
Enhance corporate governance excellence within the finance division by implementing and upholding industry-leading practices and standards.
Cultivate and sustain professional relationships with external auditing firms to ensure seamless collaboration and compliance with audit standards.
Prepare and file accurate tax returns, ensuring adherence to federal, state, and local regulations while optimizing tax positions to minimize liabilities. Research and interpret complex tax laws, staying current with legislative changes to provide strategic guidance. Collaborate with cross-functional teams to gather financial data, identify deductions, and resolve compliance issues efficiently. Maintain meticulous records and documentation to support filings and audits, ensuring full transparency and regulatory compliance.
Formulate tax-efficient approaches that comply with Nigerian tax legislation and regulations.
Ensure the prompt and accurate filing and remittance of all applicable taxes, including Corporate Income Tax (CIT), Value-Added Tax (VAT), Withholding Tax (WHT), and Pay-As-You-Earn (PAYE).
Oversee the establishment and maintenance of relationships with the Federal Inland Revenue Service (FIRS) and State Internal Revenue Services, ensuring compliance with tax regulations and fostering collaborative partnerships to streamline revenue collection processes.
Enhance tax efficiency while maintaining strict adherence to all regulatory standards.
Provides strategic direction and oversight for the finance team, ensuring alignment with organizational objectives and fostering a culture of accountability and collaboration to drive financial performance and operational excellence.
Develop and lead a high-performing finance team, fostering growth and guiding members toward excellence.
Develop and implement strategic succession planning initiatives and capacity-building programs throughout the finance function to ensure long-term organizational resilience and talent readiness.
Cultivate an environment that prioritizes precision, adherence to regulations, and ongoing enhancement.
Design and deliver comprehensive training initiatives aimed at augmenting technical proficiency and analytical skills among staff members.
Stakeholder management involves cultivating and sustaining positive relationships with key individuals and groups who have a vested interest in the organization’s outcomes. This role requires the ability to identify stakeholders, assess their influence and expectations, and tailor communication strategies to meet their diverse needs. Responsibilities include engaging stakeholders through regular updates, seeking feedback, and addressing concerns to ensure alignment with project goals and organizational objectives. Effective stakeholder management fosters collaboration, mitigates risks, and enhances decision-making processes across all levels of the business.
Serve as the bank’s primary liaison to investors, rating agencies, and the broader investment community.
Cultivate and sustain strong partnerships with commercial banks, development finance institutions (Dais), and other key funding partners to ensure effective collaboration and alignment with organizational objectives.
Engage actively in industry associations and forums focused on microfinance to stay informed about emerging trends, best practices, and regulatory developments while fostering collaborative relationships with peers and stakeholders.
Oversee investor relations and fundraising initiatives to ensure strategic engagement and capital acquisition.
Seeking a highly motivated individual with a strong background in project management and a proven track record of delivering results within tight deadlines. The ideal candidate will possess exceptional organizational skills, the ability to multitask effectively, and a keen eye for detail. Proficiency in industry-standard software and tools is required, along with excellent communication and interpersonal abilities to collaborate seamlessly with cross-functional teams. A minimum of five years of relevant experience in a similar role is essential, and familiarity with compliance standards and regulatory requirements is highly desirable. The successful applicant will demonstrate leadership qualities, problem-solving acumen, and a commitment to driving continuous improvement in all aspects of the position.
Academic Qualifications:
A minimum of a Bachelor’s degree in a relevant field is required, such as Education, Psychology, or a related discipline. Advanced degrees, including a Master’s or Ph.D., are strongly preferred. Additionally, candidates must hold valid state teaching certification or an equivalent credential, demonstrating compliance with educational standards. Relevant certifications in specialized areas, such as special education or bilingual instruction, may be advantageous. Professional development and continuing education in pedagogical best practices are expected to maintain instructional excellence.
A recognized university must confer a Bachelor’s Degree in Accounting, Finance, Economics, Banking & Finance, or a closely related discipline.
A Master’s degree in Business Administration with a specialization in Finance, Accounting, or Finance (strongly preferred) is required.
Active affiliation with a recognized professional accounting body, such as the Institute of Chartered Accountants of Nigeria (ICAN) with ACA/FCA credentials or the Association of Chartered Certified Accountants (ARCA) holding ARCA/FCC qualifications, is required.
With a minimum of three years of relevant professional experience, you possess a proven track record of delivering results in a dynamic work environment. Your background includes hands-on involvement in [specific industry/function, if mentioned], where you have successfully managed [specific tasks, projects, or responsibilities, if mentioned] while adhering to deadlines and maintaining high standards of quality. Additionally, you bring expertise in [specific skills, tools, or methodologies, if mentioned], which you apply to solve complex challenges and drive innovation within your field.
With a decade and a half of progressive financial management experience, candidates should possess a robust background in overseeing financial operations, strategic planning, and team leadership. This role demands expertise in budgeting, forecasting, and financial analysis, as well as the ability to drive financial performance and ensure compliance with regulatory standards. Strong analytical skills, proficiency in financial software, and exceptional communication abilities are essential to collaborate effectively with stakeholders and senior leadership.
With a minimum of five to seven years of experience in senior financial leadership positions, such as Finance Controller, Chief Financial Officer, Finance Director, Group Financial Controller, or similar roles, candidates should demonstrate a proven track record in strategic financial management and leadership.
Experienced professionals with a strong background in Nigerian banking, microfinance, or the broader financial services industry are sought.
Professionals with a proven track record in overseeing CBN regulatory compliance and navigating examination processes are strongly encouraged to apply.
Proficiency in digital banking or fintech operations constitutes a beneficial qualification for this role.
Demonstrated experience in financial inclusion initiatives or development finance is strongly preferred.
Highly Desirable:
Sought-after candidates for this position must hold the Chartered Financial Analyst (CFA) credential, a globally recognized qualification demonstrating advanced expertise in investment analysis, portfolio management, and ethical financial practices. Applicants should possess proficiency in financial modeling, valuation techniques, and a deep understanding of capital markets. The role demands meticulous attention to detail, analytical rigor, and the ability to synthesize complex financial data into actionable insights. Strong communication skills are essential to articulate recommendations clearly to stakeholders and clients. Experience in investment research, asset allocation, or related fields is highly advantageous, as is familiarity with industry-standard software and regulatory frameworks.
Earned certification in Risk Management, such as the Financial Risk Manager (FRM) or Certificate in Investment Performance Measurement (CPM), is required.
Holding a credential in Corporate Governance demonstrates your expertise in organizational leadership, regulatory compliance, and ethical decision-making frameworks. This qualification highlights your capacity to navigate complex governance structures, mitigate risks, and enhance stakeholder trust. Employers value professionals with this credential for their demonstrated ability to align corporate strategies with legal and ethical standards while fostering transparency and accountability in decision-making processes.
Professional affiliation with the Chartered Institute of Bankers of Nigeria (CBN) is required.
Seeking candidates with a recognized AML/CFT compliance certification to ensure adherence to anti-money laundering and counter-terrorism financing regulations.
Seeking a candidate with a robust skill set and a proven track record of relevant competencies to excel in this role. The ideal applicant must demonstrate proficiency in key areas such as [list specific skills], along with strong analytical, communication, and problem-solving abilities. Additionally, experience with [specific tools, software, or methodologies] and a deep understanding of [industry-specific knowledge] are critical. The successful candidate should exhibit a commitment to continuous learning, adaptability in dynamic environments, and the capacity to work collaboratively across teams. Leadership potential, attention to detail, and a results-driven mindset are also essential for driving impactful outcomes.
Technical Skills Required:
Proficiency in software development methodologies, programming languages, and frameworks is essential. Candidates must demonstrate expertise in relevant tools and technologies pertinent to the role. Familiarity with database management systems, version control systems, and debugging techniques is highly desirable. Strong problem-solving abilities and a commitment to continuous learning are critical for success in this position. Additionally, experience with cloud platforms, DevOps practices, and agile development processes is advantageous.
Proven expertise in International Financial Reporting Standards (IFRS) and Nigerian Generally Accepted Accounting Principles (GAAP) is essential.
A comprehensive grasp of Central Bank of Nigeria (CBN) prudential guidelines and regulatory frameworks applicable to microfinance banks is essential.
Proficient in developing sophisticated financial models, conducting detailed analyses, and delivering accurate forecasts.
Skilled in implementing and adhering to established risk management frameworks, including Basel, COST, and ISO 31000.
Possesses comprehensive expertise in core banking systems and digital banking platforms, ensuring proficient navigation and utilization of these essential technologies.
Proficiency in treasury management and Asset-Liability Management (ALM) is required.
Demonstrates an in-depth knowledge of the Nigerian tax legal framework and associated regulatory requirements.
Understanding of audit methodologies and internal control frameworks is required.
Demonstrates a strong command of financial management software and Enterprise Resource Planning (ERP) systems, with practical experience in leveraging these platforms to streamline accounting, reporting, and operational workflows.
Proficient in microfinance operations and development finance principles.
We seek a candidate with a strong ability to collaborate effectively within a team, communicate clearly and professionally, and adapt quickly to changing priorities in a fast-paced environment. The ideal individual will demonstrate exceptional problem-solving skills, a proactive approach to challenges, and a commitment to continuous learning and personal growth. Experience in managing multiple tasks efficiently while maintaining attention to detail and a high standard of work is essential. Strong interpersonal skills, emotional intelligence, and the capacity to build positive relationships with colleagues and stakeholders are also required.
Strategic thinking and business acumen are essential to excel in this role. The candidate must demonstrate the ability to analyze complex business challenges and devise innovative solutions that drive sustainable growth. Proficiency in identifying market trends, evaluating competitive landscapes, and aligning organizational strategies with long-term objectives will be critical. Additionally, the ideal candidate should possess a keen understanding of financial metrics and operational efficiencies to make data-driven decisions. Strong leadership skills are required to inspire teams and foster a culture of continuous improvement.
Exceptional proficiency in leadership and personnel management is essential.
Accomplished at cultivating strong stakeholder relationships and fostering collaborative partnerships through effective communication and negotiation skills.
Proficient in both written and verbal communication, with a strong ability to articulate ideas clearly and effectively.
Individuals must demonstrate strong emotional intelligence and possess a commanding executive presence.
Demonstrates exceptional problem-solving capabilities and sharp analytical thinking to effectively address challenges and derive insights.
Proficiency in decisive action amidst challenging and uncertain circumstances is essential. The ability to evaluate complex information swiftly and make sound judgments when faced with high-pressure scenarios is critical.
Seasoned professionals in change management and digital transformation leadership are sought to guide organizations through complex transitions, ensuring seamless adoption of new technologies and processes. Candidates must demonstrate expertise in leading strategic initiatives, managing stakeholder expectations, and driving organizational change to enhance operational efficiency and business growth. Key responsibilities include developing and implementing transformation roadmaps, fostering a culture of innovation, and overseeing cross-functional teams to achieve long-term objectives. Ideal applicants will possess strong communication skills, a track record of successful change initiatives, and the ability to align digital strategies with overarching business goals.
Demonstrates unwavering commitment to ethical principles, integrity, and professional standards in all actions and decisions. Exhibits a strong sense of responsibility, honesty, and accountability in workplace interactions and responsibilities. Upholds organizational values while maintaining a respectful and dignified approach to colleagues, stakeholders, and business operations.
Collaborates effectively with diverse teams and provides leadership across various departments, ensuring cohesive and productive partnerships to achieve organizational goals.
Demonstrates meticulous attention to detail and a commitment to maintaining high levels of accuracy in all tasks performed.
Seeking an individual with a proactive approach and a strong inclination toward finding effective solutions.
Demonstrates strong crisis management skills with the ability to assess, respond to, and resolve high-pressure situations effectively while maintaining composure and clarity under pressure. Proven experience in developing and implementing proactive strategies to mitigate potential crises, along with the capacity to communicate critical information clearly and decisively during emergencies to ensure stakeholder confidence and operational continuity. Requires the capacity to analyze complex issues rapidly, make informed decisions under tight timelines, and coordinate cross-functional teams to execute response plans efficiently.
Effective communication and the ability to persuade and negotiate are essential for this role. Demonstrated proficiency in influencing stakeholders and achieving mutually beneficial agreements is required. Applicants must exhibit strong interpersonal skills to navigate complex discussions and drive consensus.
Adaptability and resilience are essential qualities for this role, enabling individuals to navigate changing circumstances and maintain performance under pressure. Success in this position demands the capacity to adjust to new challenges, overcome setbacks, and thrive in dynamic environments. Candidates must demonstrate a proactive approach to problem-solving and the ability to recover swiftly from unexpected obstacles.
Qualifications
BA/BSc/HND
Experience Required
12 - 15 years
