Talent.com
Executive Director, Finance (Fintech)

Executive Director, Finance (Fintech)

Black Pen RecruitmentLagos, Nigeria
30+ days ago
Job description

Our client is a fast-growing fintech company focused on transforming how businesses across Africa handle payments. With a mission to empower businesses to thrive, they offer a range of tools that support both online and offline transactions, streamline operations, and fuel business growth. Their culture is rooted in innovation, high standards, and a customer-first approach.

Role Overview

The Executive Director, Finance is responsible for overseeing the day-to-day financial operations of the bank, ensuring accurate financial processing, compliance with regulations, and operational efficiency. This role ensures that financial transactions, accounting processes, and cash flow management run smoothly and are aligned with the bank’s strategic objectives. The scope of financial operations covers transaction processing, account management, treasury operations, regulatory compliance and risk management, settlements and reconciliation, accounting and financial reporting.

Job Type : Permanent / Full time

Location : Lagos, Nigeria

Workplace : Hybrid

Requirements

  • Bachelor’s degree in Banking, Finance, Business Administration, or a related field - an advanced degree (e.g., MBA) is preferred.
  • A minimum of 8 years of experience in banking operations, with at least 3 years in a leadership or managerial role within an MFB or similar financial institution.
  • Demonstrated experience in implementing and managing financial operations processes in a digital bank.
  • In-depth understanding of CBN guidelines, internal control frameworks, AML, KYC, and risk management practices.
  • Familiarity with process automation and digital banking technologies.
  • Strong leadership, communication, and interpersonal skills.
  • Excellent analytical, problem-solving, and decision-making capabilities.
  • Ability to manage multiple priorities in a fast-paced environment.

What success looks like :

  • Compliance Adherence : Zero compliance violations and successful audits with all financial operations aligning with CBN and regulatory guidelines.
  • Financial Accuracy & Reporting : Achieve 100% accuracy in financial reports with no major discrepancies in financial statements or reconciliations.
  • Operational Efficiency : Optimise automation across all finance processes.
  • Cash Flow Management : Maintain liquidity ratio of at least 20%, ensuring sufficient funds are available for operations, lending activities, and regulatory compliance.
  • Internal Controls : Zero incidents of fraud or errors due to weak internal controls in financial processes.
  • Customer Satisfaction : Achieve a customer satisfaction score of 90% or higher.
  • Responsibilities

    Financial Transaction Management :

  • Develop and implement financial operations policies and processes, including transaction management, cash flow monitoring, reconciliations, and reporting structures.
  • Oversee daily financial transactions and ensure proper accounting and accurate recording in the bank’s financial systems.
  • Manage accounts payable and receivable, ensuring timely payments and collections.
  • Reconciliation and Financial Reporting :

  • Lead monthly, quarterly and annual reconciliations of financial accounts to ensure accuracy.
  • Establish and manage an effective reporting system that provides accurate and timely financial reports (balance sheets, income statements, cash flow statements) for internal and external stakeholders, including submission to regulatory authorities.
  • Manage the preparation of financial statements in line with International Financial Reporting Standards (IFRS) and ensure compliance with local regulations.
  • Compliance & Regulatory Adherence :

  • Ensure financial operations comply with Central Bank of Nigeria (CBN) regulations, anti-money laundering (AML) standards, and other relevant financial standards.
  • Support the preparation and coordination for audits, ensuring compliance with statutory requirements.
  • Cash Flow & Liquidity Management :

  • Monitor and manage the bank’s cash flow to ensure liquidity for daily operations and regulatory requirements.
  • Oversee treasury operations to ensure effective cash management, optimizing liquidity for payments, settlements, lending, investments and future operational needs.
  • Manage the bank's investments, borrowing, and capital allocation to optimize financial performance.
  • Process Optimization & Automation :

  • Optimize settlement systems to ensure timely and accurate settlements for customer transactions and merchant payments.
  • Lead efforts in automating financial processes and integrating digital tools (e.g., API systems, digital payment platforms) to reduce manual errors and increase operational efficiency.
  • Work closely with the Technical Operations team to ensure smooth integration of financial processes with digital platforms, APIs, and automation systems.
  • Risk Management :

  • Identify and mitigate risks related to financial transactions and operational processes.
  • Implement internal controls to safeguard the bank’s financial assets and minimize errors or fraud.
  • Benefits

  • Competitive salary and compensation package
  • Full medical coverage
  • Fully covered parental leave
  • Performance-based incentives
  • Leadership in a growing financial institution
  • Create a job alert for this search

    Finance Executive • Lagos, Nigeria

    Related jobs
    Head, Accounts and Finance

    Head, Accounts and Finance

    Fadac ResourcesLagos, LA, ng
    Quick Apply
    Our client is a Nigeria's top financial intermediary and equipment leasing firm, offers flexible leasing, loan financing, and financial planning. Due to expansion, they are in need of a.Leads the co...Show moreLast updated: 26 days ago
    FI Sales Executive

    FI Sales Executive

    MultigateLagos, LA, NG
    Quick Apply
    Multigate is looking for a detailed and well oriented and driven FI Sales Executive who will be in charge of increasing company revenue and expanding our client portfolio.The individual should be p...Show moreLast updated: 28 days ago
    Head, Financial Planning, Analysis & Strategy (Agribusiness)

    Head, Financial Planning, Analysis & Strategy (Agribusiness)

    IRECRUITERS AFRICALagos, LA, ng
    Quick Apply
    Reporting Line : The Managing Director.Our client is a leading agricultural social enterprise dedicated to driving sustainable growth and improving livelihoods across rural communities in Nigeria.Th...Show moreLast updated: 6 days ago
    Finance Executive

    Finance Executive

    TotalDataLimitedLagos, LA, ng
    Quick Apply
    The Finance Executive will assist the Finance Manager in overseeing the company’s financial operations, ensuring accuracy in accounting records, compliance with statutory requirements, effective bu...Show moreLast updated: 6 days ago
    • New!
    Business Development Executive (LPO Financing)

    Business Development Executive (LPO Financing)

    Rosie's PeopleLagos, Nigeria
    Quick Apply
    PLEASE READ THE FULL JD BEFORE APPLYING.INCOMPLETE APPLICATIONS WILL AUTOMATICALLY BE DISQUALIFIED.Our client is a dynamic and fast-growing financial services company dedicated to providing accessi...Show moreLast updated: 2 hours ago
    Finance Supervisor

    Finance Supervisor

    StreamPay PlatformsLagos, LA, ng
    Quick Apply
    As Finance Supervisor, you will manage Streampay’s accounting, budgets, and compliance to ensure financial stability and transparency as we scale operations in Nigeria. Manage accounting, treasury, ...Show moreLast updated: 5 days ago
    • Promoted
    Finance Marketer (Oshodi to Mushin, and Ladipo axis )

    Finance Marketer (Oshodi to Mushin, and Ladipo axis )

    Mecer Consulting LimitedLagos, Lagos, NG
    Key Responsibilities Source and acquire new SME and corporate clients Facilitate lending opportunities and provide financial solutions Manage and grow client relationships Recommend financial prod...Show moreLast updated: 30+ days ago
    • Promoted
    Chief Finance Officer

    Chief Finance Officer

    B. Adedipe Associates LimitedIlupeju, Lagos, NG
    Our client, a reputable printing firm with over 50 years of continuous operation, specializes in high-quality printing services for educational and general interest materials, delivering innovative...Show moreLast updated: 30+ days ago
    Finance Officer

    Finance Officer

    JobbermanSurulere, LA, ng
    Quick Apply
    Role : Finance Officer • Company Brief : Dufil Prima Foods Plc is one of the fastest-growing FMCG companies in Nigeria, known for its flagship brand, Indomie Instant Noodles.We are committed to excel...Show moreLast updated: 21 days ago
    • Promoted
    Executive Driver

    Executive Driver

    Mastery financial services limitedVictoria Island, Lagos, NG
    Job Title : Executive Driver to the MD Location : Victoria Island Job Type : Full-Time Experience Required : 4–5 years Job Summary : We are seeking a highly skilled and reliable Executive Driver to pr...Show moreLast updated: 30+ days ago
    FX Sales Executive

    FX Sales Executive

    MultigateLagos, LA, NG
    Quick Apply
    Multigate is seeking a high-performing Sales Manager to lead our field Sales Associates, drive strategic customer acquisition, and deliver revenue growth across key markets.The ideal candidate has ...Show moreLast updated: 28 days ago
    Finance Supervisor

    Finance Supervisor

    PALMPAY LIMITEDIkeja, Lagos, NG
    Quick Apply
    Job title Finance Supervisor Reports to Finance Manager PalmPay is a leading African fintech platform on a mission to make digital payments fast, simple, and reliable. As a Finance Supervisor, you w...Show moreLast updated: 30+ days ago
    • Promoted
    Finance Manager

    Finance Manager

    Wells Accounting And Tax ServicesV.I, Lagos, NG
    Job title : Finance Manager Job Location : VI, Lagos Salary : #350,000 - #450,000 Employment Type : Full Time Responsibilities. Lead budgeting, forecasting, and financial reporting.Ensure compliance...Show moreLast updated: 30+ days ago
    • Promoted
    Finance Manager

    Finance Manager

    Office of Sir MapyLagos, Lagos, NG
    The Finance Manager will be responsible for managing the financial health, liquidity, and investment standing of the Office of Sir Mapy, the Office of the CEO The role involves overseeing cashflo...Show moreLast updated: 2 days ago
    Finance Manager

    Finance Manager

    SabiVictoria Island, LA, ng
    Quick Apply
    We aim to bridge the financial inclusion gap by providing accessible banking services to both businesses and individuals. Our approach combines digital transformation, financial inclusion initiative...Show moreLast updated: 11 days ago
    Senior Finance & Reporting Manager (Agribusiness)

    Senior Finance & Reporting Manager (Agribusiness)

    IRECRUITERS AFRICALagos, LA, ng
    Quick Apply
    Reporting Line : Managing Director.Attractive and highly competitive remuneration package + other benefits.The Company is seeking a Senior Finance & Reporting Manager to join its finance leaders...Show moreLast updated: 6 days ago
    Head of Finance

    Head of Finance

    PALMPAY LIMITEDLagos, NG
    Quick Apply
    About PalmPay PalmPay is a leading African fintech platform with millions of users across Nigeria, Ghana, and other&#...Show moreLast updated: 30+ days ago
    • Promoted
    Executive Director

    Executive Director

    B. Adedipe Associates LimitedVictoria Islang, Lagos, NG
    We are seeking an energetic and execution-focused Executive Director (Ref : MFB / ED / MAY25 / INT) to partner with the Managing Director in driving business growth, operational excellence, and digital in...Show moreLast updated: 30+ days ago