Chief Financial Officer at Credit Afrique Microfinance Bank

Credit Afrique Microfinance Bank is a Limited Liability company incorporated under the laws of the Federal Republic of Nigeria, with registered office at 154, Awolowo Road, Ikoyi. We are a leading financial service provider with the core mandate of providing affordable, flexible financial to MSME, Private and Public Sectors. We have over 3 years of experience in the field of finance management, loans and investments to suit our customers' long and short-term financial demand.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer

Location: Ikoyi, Lagos
Employment Type: Full-time

Responsibilities

• Oversee accounting operations of the company and its subsidiaries
• Determine appropriate valuations of investment projects through detailed analysis using ROI, IRR, and payback period.
• Provide executives with clear insights on drivers of business growth, risks, and opportunities.
• Prepare financial statements, business activity reports, and forecasts.
• Prepare and maintain annual budget and forecast; provide detailed analysis of variances.
• Determine the Group Subsidiaries' tax position and the applicability of taxable/non-taxable instruments and comply with all local, state, and federal tax filings and reporting requirements.
• Create an organizational structure within the accounting department to facilitate the achievement of the department’s short-term goals and long-term objectives.
• Evaluate businesses and models using various financial valuation methods such as DCF, comparable company analysis, and capital structure analysis.
• Conduct scenario and sensitivity analysis with the intent to support investment decisions.
• Enhance and update existing models and ensure the accuracy of the new models.
• Advise Executive Management on investment strategies that will ensure high returns on investment and optimal liquidity for operations.
• Budget preparation, monitoring and control
• Periodic preparation of management accounts and reporting
• Liquidity and treasury management financial reporting and compliance with statutory regulations/guidelines
• Monitor and provide advice on key indicators of revenue, expense, liquidity, and profit.
• Analyze funding needs to ensure that adequate funds are available to meet daily operational expenses and emergencies.
• Oversee bank account management and payment transactions to ensure compliance with the appropriate procedures and approval authority.
• Facilitate and maintain relevant relationships with financial service providers such as banks, payment service providers, lenders, and investors.
• Manage and maintain proper controls over treasury accounts, bank accounts, banking processes, and other treasury systems to allow easy disbursement, reconciliation, and replenishment.

Qualification and Experience

• BA / B.Sc / HND qualification.
• Minimum of 6 years experience as a financial officer in a commercial bank or microfinance bank.
• ACA qualified.
• MCIB (added advantage).

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail