Head of Finance (Microfinance Bank) at Zylus Group of Company

Zylus Group is a fast-growing business conglomerate with interests in Real Estate Homes & Properties, Real Estate Investment, Asset Management, Microfinance Banking, and Insurance Brokerage. We are a privately owned and internationally recognized capital organization with operations spanning Real Estate Investment, Property Sales, Human Capital Development, Agriculture, Infrastructure and General Construction, Property Valuation, Design and Printing, Media, Transportation and Logistics, Travel and Tours, Property Management, and more.

The company’s operations are guided by a strict Code of Ethics, which sets the standard for excellence, professionalism, and accountability. With the support of a dedicated workforce, Zylus Group has recorded remarkable growth in revenue, size, and structural capacity while maximizing value for its esteemed clients both locally and internationally.

Zylus Group aims to become one of Africa’s most prominent conglomerates, with a mandate to grow and manage over 80 independently financed subsidiaries across five countries worldwide within its first ten years of operations.

Our subsidiaries include:
Retrust Microfinance Bank, Trustline Capital Limited, Zylus Homes & Properties, Real Estate Cash Back Cooperative, and Absolute Insurance Brokers Limited.

We are recruiting to fill the position below:

Job Title: Head of Finance (Microfinance Bank)

Location: Ikeja, Lagos
Employment Type: Full-time
Department: Finance & Accounts
Reports to: Managing Director
Supervises: Accountants, Finance Officers, Treasury / ALM Officers
Job Grade: Senior Management

Job Summary

• The Head of Finance is responsible for providing strategic financial leadership, managing financial reporting, ensuring regulatory compliance, safeguarding the Bank’s financial integrity, and supporting sustainable growth.
• The role oversees budgeting, financial planning, treasury management, regulatory returns, cost control, and audit coordination.
• This position ensures the Microfinance Bank maintains sound financial health in line with CBN guidelines and internal policies.

Key Responsibilities
Financial Management & Reporting:

• Prepare accurate and timely monthly, quarterly, and annual financial statements.
• Ensure compliance with IFRS and CBN Microfinance reporting standards.
• Oversee the preparation of Management Accounts for decision-making.
• Monitor financial performance and advise management on variances and risks.
• Ensure proper classification, recording, and reconciliation of all financial transactions.

Regulatory Reporting & Compliance:

• Prepare and submit statutory returns to CBN, NDIC, FIRS, and other regulators.
• Ensure prompt remittance of taxes, pension, and statutory deductions.
• Maintain compliance with all financial regulatory requirements and circulars.
• Coordinate regulatory examinations and provide necessary documentation.

Budgeting & Financial Planning:

• Lead the annual budgeting and forecasting process.
• Monitor budget implementation and provide variance analysis.
• Recommend cost-saving initiatives and efficiency improvements.
• Prepare long-term financial projections to support strategic goals.

Treasury & Liquidity Management:

• Manage the Bank’s cash flow to ensure liquidity availability.
• Monitor daily cash positions, credit balances, investments, and obligations.
• Implement liquidity management processes in line with regulatory requirements.
• Support ALCO (Asset and Liability Committee) activities.

Internal Controls & Audit Coordination:

• Establish strong internal control frameworks and enforce compliance.
• Manage internal and external audit processes and ensure audit issues are addressed.
• Ensure accuracy and integrity of financial records and general ledger accounts.
• F. Risk Management
• Identify financial risks and recommend mitigation measures.
• Support credit risk assessment with financial insights and analysis.
• Participate in risk management committees.

Leadership & People Management:

• Lead and mentor the finance team for high performance.
• Conduct performance appraisals and capacity-building initiatives.
• Promote financial discipline and accountability across the Bank.

Strategic Financial Advisory:

• Provide financial insights to support business decisions and strategic initiatives.
• Advise management on capital adequacy, profitability, and financial sustainability.
• Support fundraising, capital injection, and investor relations.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of financial reports.
• Quality and timeliness of CBN/NDIC regulatory returns.
• Liquidity adequacy and treasury performance.
• Budget accuracy and variance levels.
• Audit ratings and reduction in audit exceptions.
• Cost-to-income ratio improvement.
• Effective financial controls with minimal financial leaks.

Job Requirements
Education:

• Bachelor’s Degree in Accounting, Finance, Economics, or a related field.
• Professional qualification (ICAN, ACCA, or equivalent) required.
• Additional certifications (ACIB, CFA, etc.) are an advantage.

Experience:

• 7–10 years of progressive financial experience.
• 3–5 years in a senior finance role within the banking or microfinance sector.
• Strong experience with regulatory reporting, IFRS, and financial analysis.
• Proficiency with banking software and core accounting systems.

Skills & Competencies:

• Strong analytical and financial modeling skills.
• Excellent knowledge of CBN/NDIC regulations and statutory reporting.
• High integrity and sound ethical judgment.
• Strong leadership and team management skills.
• Strong proficiency in MS Excel and financial tools.
• Excellent communication and presentation abilities.

Behavioral Competencies:

• Attention to detail and accuracy.
• High professional integrity and confidentiality.
• Ability to work under pressure and tight deadlines.
• Strategic thinking and problem-solving skills.
• Strong collaboration skills across departments.

Application Closing Date
20th December, 2025.

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