Job Description
Job Description • The role is responsible for building and managing the Bank’s treasury, financial control, accounting, and liquidity management functions from the ground up within a fintech-driven digital microfinance bank.
• The successful candidate will establish treasury structures, financial control frameworks, accounting processes, reporting standards, liquidity monitoring systems, and financial governance mechanisms required to support a fast-growing regulated financial institution.
• The role requires a highly analytical, commercially driven, and execution-focused professional with strong experience in treasury operations, financial reporting, balance sheet management, liquidity management, fixed deposit portfolio management, regulatory reporting, and financial controls within banking or financial services environments.
• The ideal candidate must be capable of operating independently, providing strategic direction, developing policies and frameworks, and building scalable treasury and finance operations without requiring constant supervision.
Responsibilities
Treasury & Liquidity Management:
• Develop and implement the Bank’s treasury management framework and operational structure from inception.
• Manage daily liquidity positions and ensure optimal cash flow management across the Bank.
• Monitor liquidity ratios and ensure compliance with CBN liquidity requirements.
• Manage interbank placements, investment activities, and short-term funding strategies.
• Develop strategies for deposit mobilization, fixed deposit growth, and liability generation.
• Monitor funding costs and optimize the Bank’s cost of funds.
• Support balance sheet optimization and asset-liability management initiatives.
• Prepare liquidity forecasts, cash flow projections, and treasury performance reports.
• Establish treasury policies, procedures, controls, and escalation frameworks.
Financial Control & Accounting:
• Build and manage the Bank’s financial control and accounting framework from the ground up.
• Establish accounting policies, financial procedures, and internal financial controls.
• Oversee the preparation of daily, weekly, monthly, quarterly, and annual financial reports.
• Ensure accuracy and integrity of the general ledger and financial records.
• Manage account reconciliations, suspense accounts, and financial exception resolution.
• Supervise financial closing processes and reporting timelines.
• Ensure compliance with IFRS standards, CBN guidelines, and regulatory reporting requirements.
• Coordinate external audits, internal audits, and regulatory examinations.
• Monitor financial transactions to prevent leakages, irregularities, and control weaknesses.
Financial Planning & Performance Monitoring:
• Support budgeting, forecasting, and financial planning processes.
• Monitor financial performance against approved budgets and business targets.
• Analyze profitability, revenue performance, operating costs, and financial efficiency ratios.
• Develop financial dashboards, MIS reports, and executive performance reports.
• Provide financial insights and recommendations to Executive Management.
• Support strategic decision-making through financial analysis and scenario planning.
Regulatory & Compliance Reporting:
• Prepare and submit statutory and regulatory reports to CBN, NDIC, and other regulators.
• Ensure compliance with tax obligations, financial regulations, and statutory requirements.
• Maintain proper documentation for regulatory reviews and audits.
• Monitor changes in financial regulations and implement required updates.
Control, Governance & Risk Management:
• Establish strong maker-checker controls across treasury and finance operations.
• Develop frameworks to mitigate financial, liquidity, operational, and reporting risks.
• Implement financial governance and approval control processes.
• Ensure proper segregation of duties and transaction authorization controls.
• Strengthen operational discipline and financial accountability across the Bank.
Educational Qualifications
• Bachelor’s Degree in Accounting, Finance, Economics, Banking, or related discipline.
• MBA or relevant postgraduate qualification is an advantage.
• Professional certifications such as ACA, ACCA or equivalent will be an added advantage.
Experience:
• Must have 6–10 years experience in Treasury, Finance, Financial Control, or Accounting within banking, fintech, or financial services.
• Strong experience in treasury operations, liquidity management, financial reporting, and regulatory report