Fractional Chief Financial Officer at Bankoto Technology - Remote

Bankoto is building a global back-office platform that supports small businesses across accounting, tax, and payroll. We combine experienced financial experts with AI-powered tools to deliver scalable, high-quality financial operations and advisory services, enabling founders to focus on growth while we handle financial complexity.

We are recruiting to fill the position below:

Job Title: Fractional Chief Financial Officer 

Location: Nigeria
Employment Type: Part-time / Fractional

Role Overview

• The Fractional CFO will serve as a strategic financial partner to Bankoto and its clients, providing high-impact financial leadership without full-time overhead. This role combines hands-on financial modeling and reporting with strategic advisory, investor readiness, and decision support.
• You will work closely with founders, leadership teams, and external stakeholders to drive financial clarity, optimize performance, and support growth initiatives.

Key Responsibilities
Financial Modeling & Reporting:

• Own and maintain a comprehensive financial model, updated monthly with actuals
• Produce monthly Budget vs Actuals analysis with clear insights and recommendations
• Build and maintain industry-specific KPI dashboards

Develop and manage integrated financial statements including:

• Profit & Loss
• Balance Sheet
• Cash Flow Statement

Strategic Finance & Scenario Planning:

• Conduct ad-hoc and structured scenario planning to assess the impact of business decisions
• Develop Base, Bull, and Bear case scenarios to support strategic planning
• Lead headcount and compensation planning aligned with growth and cash runway

Leadership & Advisory

• Provide ongoing strategic insights to support operational and growth decisions

Facilitate monthly financial review meetings with leadership to assess:

• Financial health
• Cash position and runway
• Key risks and opportunities

Customized Projects & Advisory Support:
Lead tailored strategy and operations projects based on business needs, including:

• Cash management and runway optimization
• Monetization and pricing strategy development
• Strategic and long-term planning
• Investor and board reporting frameworks

Investor, Board & Transaction Support:

• Prepare in-depth investor and board reporting materials
• Provide financial support for M&A activities, including analysis and scenario evaluation

Support fundraising activities including:

• Financial narratives and equity story

• Investor-ready models and data rooms

Requirements

• Proven experience as a CFO, Fractional CFO, or senior finance leader
• Strong financial modeling expertise with end-to-end understanding of P&L, Balance Sheet, and Cash Flow
• Experience supporting startups or growth-stage companies
• Hands-on approach with strong analytical and communication skills
• Ability to translate financial data into actionable strategic insights
• Experience with fundraising, investor relations, and board-level reporting

Engagement Details:

• Part-time, flexible engagement
• Opportunity to shape and scale Bankoto’s CFO services offering
• Competitive compensation aligned with experience and scope.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV and a short cover letter to: bankotofinance@gmail.com using the job title as the subject of the mail.

Note: Bankoto is an equal opportunity employer and welcomes candidates who are passionate about helping businesses grow through financial clarity and strategic insight.