Team Lead, Financial Control at Bosak Microfinance Bank

Bosak Microfinance Bank Limited was incorporated in December 2009 with the business objective of providing financial service to micro clients who were excluded from the mainstream financial system. It commenced operations in June 2010 upon obtaining a Unit Microfinance Banking License from the Central Bank of Nigeria. It later obtained a State Microfinance Banking License in 2016. Bosak Microfinance Bank Limited’s financial inclusion effort focuses on promoting savings culture, access to credit facilities for income-generation purposes and reducing vulnerability to risk through micro insurance.

The Bank’s major strategic focus employs the group lending methodology in its operations with a leaning towards women. It believes in the commitment of women folk to work hard and help their families conquer poverty. As such, more than 95% of the Bank’s lending activities focuses on women. The success of the bank’s group lending activities largely depends on group solidarity and cohesion. The success recorded by the bank in its lending program has earned it strategic partnership with the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN) among others. The combination of cutting-edge technology, a strong and committed Board of Directors and motivated employees has helped the Bank to create a brand widely accepted by its teeming clients in Lagos. It is now expanding its frontiers in a scaling program aimed at delivering improved value to its stakeholders.

We are recruiting to fill the position below:

Job Title: Team Lead, Financial Control

Location: Ikeja, Lagos
Employment Type: Full-time

Responsibilities

• Prepare monthly management accounts, income statements, and balance sheet reviews.
• Conduct weekly and monthly bank reconciliations.
• Manage treasury operations and cash flow to ensure adequate liquidity.
• Prepare monthly journals and perform general ledger reconciliations.
• Maintain and update the fixed asset register.
• Ensure timely posting of transactions and accuracy of financial records.
• Prepare and submit CBN regulatory monthly and annual returns.
• Handle PAYE and WHT remittances, filings, and related documentation.
• Liaise with tax consultants, regulatory authorities, and external auditors.
• Coordinate and support internal and external audit exercises.
• Conduct financial analysis to support management decision-making.
• Lead, mentor, and supervise finance team members.
• Raise internal memos and support process improvement initiatives.
• Ensure compliance with IFRS, accounting standards, tax laws, and regulatory guidelines

Qualifications, Experience & Competencies

• Bachelor’s degree in Accounting, Finance, Economics, or a related discipline.
• ACA/ICAN or ACCA qualification (or in view) is mandatory.
• Minimum of 5 years’ cognate experience in financial control, accounting, or audit within a bank or microfinance institution.
• Sound knowledge of the CBN regulatory frameworkand microfinance bank operations.
• Strong understanding of IFRS, GAAP, and financial reporting standards.
• Proven experience in financial reporting, budgeting, and regulatory compliance.
• High level of integrity, accuracy, and attention to detail.
• Strong leadership, analytical, and risk-awareness skills.
• Proficiency in Microsoft Office and core banking/accounting systems.

Benefits

• Salary: N200,000 – N400,000 Monthly.
• HMO
• Constant Training and Development
• Leave & Passage Allowance
• 13th Month.

Application Closing Date
28th February, 2026.