Updeal Resources - Our Client is a licensed and forward-thinking financial institution committed to empowering individuals, microenterprises, and SMEs through accessible and innovative financial solutions. Established with a vision to drive financial inclusion across underserved communities, the bank provides a wide range of customer-focused products and services including microloans, savings, and digital banking options tailored to meet the needs of Nigeria’s informal and formal sectors.
They are recruiting to fill the position below:
Job Title: Chief Financial Officer (CFO)
Location: Lagos
Summary
- The Chief Financial Officer (CFO) serves as a key strategic partner to the Managing Director and the Board of Directors, providing leadership and direction for all financial aspects of the bank.
- The role is responsible for driving financial performance, ensuring robust financial controls, supporting business growth, and sustaining long-term organizational stability.
Core Responsibilities
- Provide strategic financial leadership and contribute to the Bank’s overall business strategy, growth objectives, and long-term sustainability.
- Partner with the Managing Director and executive management to identify growth opportunities, assess financial and operational risks, and drive sustainable profitability.
- Lead the Bank’s financial planning process, including long-term forecasting, capital management, balance sheet optimization, and investment strategy.
- Oversee the preparation and presentation of accurate, timely, and compliant financial statements in accordance with IFRS, CBN guidelines, and other applicable regulatory standards.
- Ensure robust internal controls, accounting policies, financial governance frameworks, and compliance procedures are established and consistently maintained.
- Direct the annual budgeting, forecasting, and performance management processes, including variance analysis, cost optimization, and management reporting.
- Present periodic financial performance reports, strategic recommendations, and risk insights to the MD, Board, and relevant Board Committees.
- Oversee treasury operations, cash flow management, liquidity planning, and working capital optimization to ensure adequate funding and operational efficiency.
- Monitor and manage key financial risks, including credit risk exposure, liquidity risk, market risk, foreign exchange exposure, and capital adequacy requirements.
- Ensure timely rendition of statutory and regulatory returns to Central Bank of Nigeria, Federal Inland Revenue Service, and other relevant authorities.
- Supervise loan portfolio financial reporting, provisioning, impairment assessment, and compliance with prudential guidelines.
- Maintain effective relationships with banks, auditors, tax consultants, regulators, investors, and other key external stakeholders.
- Lead internal and external audit engagements, ensuring transparency, accountability, and prompt implementation of audit recommendations.
- Drive a culture of financial discipline, integrity, and ethical conduct across the Bank.
- Lead, mentor, and develop the Finance team to deliver high performance and continuous professional growth.
- Foster cross-functional collaboration to align financial objectives with business operations, customer growth, and risk management priorities.
Qualifications & Competencies
- Bachelor’s Degree in Accounting, Finance, Economics, or a related discipline; MBA is an added advantage.
- Professional certification such as ACA, ACCA, CFA or equivalent is required.
- Minimum of 10 years’ progressive finance and accounting experience, including at least 5 years in a CFO or senior finance leadership role.
- Strong business acumen, strategic thinking, and data-driven decision-making capability.
- Excellent leadership, communication, negotiation, and stakeholder management skills.
- High level of integrity, professionalism, and attention to detail.
- Proficiency in financial systems, ERP platforms, and advanced Microsoft Excel.
- Ability to manage multiple priorities effectively within a dynamic business environment.
Application Closing Date
30th April, 2026.
https://www.hotnigerianjobs.com/hotjobs/885724/chief-financial-officer-cfo-at-a-licensed-and-forw.html