Chief Financial Officer at Jobrole Consulting Limited

Job Summary: 

• The Chief Financial Officer (CFO) will be a key member of the executive team, responsible for overseeing the financial operations of the microfinance bank.
• The CFO will lead the finance department in developing and implementing financial strategies, managing financial risks, and ensuring compliance with regulatory requirements.
• The ideal candidate will have extensive experience in financial management, and financial reporting within the banking or financial services sector, with a strong understanding of microfinance operations.

Key Responsibilities:

• Financial Strategy Development: Develop and execute the financial strategy of the microfinance bank in alignment with the overall business goals.
• Financial Planning and Analysis: Oversee the preparation of financial forecasts, budgets, and long-term financial plans. Conduct financial analysis to support decision-making processes.
• Financial Reporting: Ensure accurate and timely financial reporting, including monthly, quarterly, and annual financial statements in compliance with relevant accounting standards and regulatory requirements.
• Risk Management: Identify, assess, and manage financial risks. Implement and monitor internal controls to safeguard the bank’s assets and ensure the integrity of financial information.
• Regulatory Compliance: Ensure compliance with all relevant financial regulations, including Central Bank guidelines, tax laws, and other legal requirements. Liaise with regulatory bodies as needed.
• Treasury/Capital Management: Manage the bank’s capital structure and Treasury function. Optimize the bank’s capital allocation to support growth objectives.
• Team Leadership: Lead and mentor the finance team, fostering a culture of high performance and continuous improvement. Provide guidance and support to other departments on financial matters.
• Stakeholder Engagement: Act as a key point of contact for external stakeholders, including investors, auditors, and regulators. Build and maintain strong relationships with these stakeholders.
• Strategic Partnerships: Collaborate with the MD/CEO, Group CFO, and other executives to identify and evaluate strategic partnerships that align with the bank’s growth objectives.
• Technology and Innovation: Leverage technology to improve financial processes, enhance reporting accuracy, and support data-driven decision-making.

Qualifications:

• A Bachelor's degree in Finance or Accounting. A Master’s degree or professional qualification (e.g., ACCA, ACA, CPA) is highly preferred.
• Minimum of 10 years of experience in financial management within the banking or financial services sector, with at least 5 years in a senior leadership role.
• Strong knowledge of microfinance operations and regulatory requirements.
• Proven track record in financial strategy development and execution.
• Excellent leadership, communication, and interpersonal skills.
• Strong analytical and problem-solving abilities, with a keen attention to detail.
• Proficiency in financial software and ERP systems.