Financial Controller at First Ally Capital Limited

First Ally Capital is a wholly indigenous Financial Services firm, whose focus is on providing top notch advisory & investment services to individuals and organizations. First Ally Capital was incorporated on May 20, 2014 as an Issuing House, Financial Advisory and Investment Management firm, with authorized capital of N2.5 billion, and an issued and fully-paid capital of N1.65 billion. The firm was licensed by the Securities and Exchange Commission on November 20, 2014 as Issuing House and Underwriters.

The Firm commenced operations at a very significant point in the evolution of the Nigerian financial services industry and will leverage it’s solid capital base, the strong financial services background of its promoters and the excellent track-record and credentials of its directors and shareholders.

We are recruiting to fill the position below:

Job Title: Financial Controller

Location: Lagos
Job Type: Full Time (On-site)
Reports to: Board Audit Committee/ Managing Director

Job Summary

• The Chief Financial Officer (CFO) will be a key member of the executive team,  responsible for overseeing the financial operations of the microfinance bank.
• The CFO will lead the finance department in developing and implementing financial strategies, managing financial risks, and ensuring compliance with regulatory requirements.
• The ideal candidate will have extensive experience in financial management, and financial reporting within the banking or financial services sector, with a strong understanding of microfinance operations.

Key Responsibilities

• Financial Strategy Development: Develop and execute the financial strategy of the microfinance bank in alignment with the overall business goals.
• Financial Planning and Analysis: Oversee the preparation of financial forecasts, budgets, and long-term financial plans. Conduct financial analysis to support decision-making processes.
• Financial Reporting: Ensure accurate and timely financial reporting, including monthly,  quarterly, and annual financial statements in compliance with relevant accounting standards  and regulatory requirements.
• Risk Management: Identify, assess, and manage financial risks. Implement and monitor internal controls to safeguard the bank’s assets and ensure the integrity of financial  information.
• Regulatory Compliance: Ensure compliance with all relevant financial regulations, including Central Bank guidelines, tax laws, and other legal requirements. Liaise with regulatory bodies as needed.
• Treasury/Capital Management: Manage the bank’s capital structure and Treasury function. Optimize the bank’s capital allocation to support growth objectives.
• Team Leadership: Lead and mentor the finance team, fostering a culture of high  performance and continuous improvement. Provide guidance and support to other  departments on financial matters.
• Stakeholder Engagement: Act as a key point of contact for external stakeholders, including  investors, auditors, and regulators. Build and maintain strong relationships with these stakeholders.
• Strategic Partnerships: Collaborate with the MD/CEO, Group CFO, and other executives to  identify and evaluate strategic partnerships that align with the bank’s growth objectives.
• Technology and Innovation: Leverage technology to improve financial processes, enhance reporting accuracy, and support data-driven decision-making.

Qualifications

• A Bachelor's Degree in Finance or Accounting. A Master’s degree or professional qualification  (e.g., ACCA, ACA, CPA) is highly preferred.
• Minimum of 10 years of experience in financial management within the banking or financial  services sector, with at least 5 years in a senior leadership role.
• Strong knowledge of microfinance operations and regulatory requirements.
• Proven track record in financial strategy development and execution.
• Excellent leadership, communication, and interpersonal skills.
• Strong analytical and problem-solving abilities, with a keen attention to detail.
• Proficiency in financial software and ERP systems

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online