Finance Manager at CredPal

Credpal is an innovative solution that seeks to combat the ever complex loan approval process that has deterred millions from achieving specific goals over the years. We believe quality of life can be drastically improved if individuals can easily make purchases and pay overtime at their convenience with reduced or no financial pressure, while also increasing their purchasing capabilities.

We are recruiting suitably qualified candidates to fill the position below:

Job Title: Finance Manager

Location: Lagos
Employment Type: Full-time
Level: Mid-Senior Level

Purpose Statement

• We are seeking an experienced Finance Manager to drive comprehensive financial strategies, optimize cash flow, and lead risk management initiatives.
• Your role is pivotal in steering financial stability, ensuring compliance, and fostering growth through strategic financial decision-making.
• Join us in safeguarding our financial health and supporting our organizational prosperity.

Responsibilities

• Financial Planning and Analysis: Lead the development of comprehensive financial plans, budgets, and forecasts to inform strategic decision-making.
• Financial Reporting: Prepare and analyze accurate financial statements, ensuring compliance with accounting standards.
• Cash Flow Management Develop and implement a robust framework to monitor and manage cash flows effectively, ensuring liquidity for day-to-day operations and strategic investments.
• Investment Strategy: Oversee the development and execution of investment strategies for funds generated from deposits and savings services, optimizing risk and return.
• Risk Mitigation: Identify and mitigate financial risks, such as interest rate and credit risk, through hedging strategies and prudent investment decisions.
• Bank Relationship Management: Manage relationships with financial institutions, negotiate favorable terms, and explore solutions to streamline cash management.
• Cash Forecasting: Develop accurate cash flow forecasts, considering various scenarios and potential fluctuations in cash movements.
• Compliance and Policies: Ensure compliance with financial regulations, develop, and enforce treasury policies and procedures to ensure regulatory compliance.
• Technology Integration: Utilize treasury management software and financial technology solutions to automate and enhance cash management processes.
• Reporting and Leadership: Prepare and present financial reports and forecasts to senior management, lead and mentor the finance team, and collaborate on financial and strategic initiatives.

Qualifications

• Bachelor's Degree in Finance, Accounting, Economics, or related field. Advanced degree or professional certifications.
• Minimum of 5 years in financial management or treasury roles. Proven track record in developing financial strategies and overseeing risk mitigation.
• Strong skills in financial modeling, analysis, and reporting. Familiarity with treasury management software and financial technology solutions.
• Demonstrated leadership experience, including team management and mentorship.
• Excellent communication, negotiation, and presentation skills.
• Strong analytical and problem-solving skills with attention to detail.
• Ability to develop and execute comprehensive financial strategies aligned with organizational goals.
• Thrives in a dynamic environment and adapts to changing priorities.
• Thorough understanding of financial regulations and compliance requirements.
• Collaborative mindset with the ability to work effectively in cross-functional teams.

Application Closing Date
Not Specified.