Head of Finance (HOF) at a Leading and Foremost Switching Company - Ascenix Consulting Limited

Ascenix Consulting Limited - Our client, a leading and foremost switching company in Nigeria licensed by the CBN and renowned for delivering seamless, secure and scal-able electronic payments and digital commerce solutions is recruiting to fill the position below:

Job Title: Head of Finance (HOF)

Location: Lagos
Employment Type: Full-time
Department: Fintech

Job Description

• The Head of Finance at the Switching company is responsible for overseeing the financial health of the company, ensuring strong financial planning, budgeting, reporting, and risk management.
• This role is key to driving financial efficiency, maintaining regulatory compliance, and supporting business growth.
• The ideal candidate should have deep experience in financial management within the payment processing, fintech, or financial services industry.
• This role requires expertise in financial planning, accounting, cash flow management, and financial controls to ensure the company’s financial sustainability and profitability.

Responsibilities
Financial Strategy & Planning:

• Develop and execute financial strategies aligned with the company’s business goals.
• Prepare financial forecasts, budgets, and financial models to support decision-making.
• Monitor financial performance and provide strategic recommendations to optimize revenue and profitability.

Financial Reporting & Compliance:

• Oversee the preparation of financial statements, management reports, and investor presentations.
• Ensure compliance with financial regulations, tax laws, and reporting standards (IFRS, NASB, FIRS).
• Coordinate with external auditors, regulators, and stakeholders to maintain financial transparency.

Cash Flow & Treasury Management:

• Manage company cash flow, ensuring adequate liquidity for business operations.
• Optimize working capital and implement efficient treasury management strategies.
• Supervise banking relationships, payment settlements, and foreign exchange operations.

Revenue & Cost Optimization:

• Analyze revenue streams and identify opportunities for financial growth.
• Implement cost control measures to enhance financial efficiency and reduce operational expenses.
• Work with business units to improve pricing strategies and financial decision-making.

Risk Management & Internal Controls:

• Develop and implement internal financial controls to prevent fraud and financial mismanagement.
• Conduct financial risk assessments and implement mitigation strategies.
• Ensure adherence to corporate governance, anti-money laundering (AML), and regulatory frameworks.

Investor & Stakeholder Relations:

• Prepare financial presentations and reports for investors, board members, and senior executives.
• Support fundraising efforts by providing financial insights to attract investors and strategic partners.
• Engage with regulators and financial institutions to ensure strong financial governance.

Team Leadership & Development:

• Build and lead a high-performing finance team, ensuring strong financial discipline.
• Provide mentorship and training to enhance financial knowledge across the organization.
• Foster a culture of financial accountability and strategic financial management.

Required Qualifications and Experience

• Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
• 7+ years in finance leadership roles, with at least 5 years in payment processing, payment gateways, or financial technology.
• At least 3 – 5+ years in senior finance leadership within payment processing, payment gateways or financial technology.
• Expertise: Strong track record in financial planning, risk management, and regulatory compliance
• Certifications (Preferred): ACCA, ICAN, CFA, or CIMA is preferred.

Key Skills and Competencies:

• Financial Strategy: Strong experience in financial planning, budgeting, and forecasting.
• Accounting & Reporting: Deep understanding of IFRS, and financial reporting standards.
• Risk Management: Expertise in financial risk assessment, internal controls, and fraud prevention.
• Cash Flow Management: Strong treasury and liquidity management skills.
• Regulatory Compliance: Familiarity with tax laws, financial regulations, and corporate governance.
• Analytical & Problem-Solving: Ability to analyze financial data and provide strategic recommendations.
• Leadership: Proven ability to manage and develop finance teams.
• Stakeholder Management: Strong communication and relationship management with investors, banks, and regulators.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV to: info@cascenixconsulting.com using the Job Title as the subject of the email. e.g. Role - Switching Company [Your Full Name Application].

Note

• Only shortlisted candidates will be contacted for an interview.
• We encourage you to apply early, as applications are on a roll-ing basis.
• The full job profile is available on Ascenix Consulting's digital media platforms (Linkedin, Instagram etc) and website: https://ascenixconsulting.com/