About this role
<h3><strong>About the company</strong></h3>
<p>We’re a newly licensed Microfinance Bank in Lagos, focused on building the best merchant-facing bank in Africa. In just under 10 years, our parent fintech company has introduced a steady cadence of innovation within the online financial landscape, such as automated recurring payments, the ability for customers to pay directly from their bank accounts, automated chargebacks, and much more. We’ve solidified strong international ties doubling down on the mission to help build out Africa’s financial operational needs.</p>
<p>We are adamant about building the most optimal place to work on the continent while serving digital commerce across Africa.</p>
<h3><strong>About the role</strong></h3>
<p>The Financial Operations Specialist will be responsible for managing the daily financial processes of the bank, including end-of-day reporting, reconciliation, transaction processing, and regulatory submissions. As the first hire in the finance function, the ideal candidate must be hands-on, systems-savvy, and capable of working independently in a fast-paced, startup environment.</p>
<p>Location: Lagos, Nigeria<br>Reports to: CFO</p>
<h3><strong>Key Responsibilities</strong></h3>
<ul>
<li>Oversee daily financial operations, including transaction processing, end-of-day reporting, cash reconciliation, and settlements.</li>
<li>Ensure timely and accurate posting of transactions and maintenance of the general ledger.</li>
<li>Manage bank and GL reconciliations, including core banking system vs accounting records.</li>
<li>Prepare financial statements, management reports, and regulatory submissions (e.g., CBN, MPRs, CRMS, NDIC).</li>
<li>Process payments, staff payroll, and statutory remittances (e.g., taxes, pensions).</li>
<li>Implement internal controls to safeguard financial assets and ensure regulatory compliance.</li>
<li>Assist in setting up financial systems, policies, and processes in line with CBN requirements.</li>
<li>Support budgeting, variance analysis, and financial performance tracking.</li>
<li>Support internal audit preparation and implementation of audit recommendations.</li>
<li>Liaise with auditors, regulators, and service providers as needed.</li>
</ul>
<h3><strong>Requirements</strong></h3>
<ul>
<li>Bachelor’s degree in Banking, Finance, or a related field </li>
<li>ICAN/ACCA certification (in progress or completed) is preferred.</li>
<li>In-depth understanding of CBN guidelines, internal control frameworks, AML, KYC, and risk management practices.</li>
<li>5 years’ experience in financial operations or accounting, ideally in a banking environment, other financial institution or fintech.</li>
<li>Strong knowledge of microfinance banking operations and regulatory requirements.</li>
<li>Hands-on experience with accounting and core banking software </li>
<li>Proficient in Excel and financial data analysis.</li>
<li>High level of accuracy, attention to detail, and professional integrity.</li>
</ul>
<h3><strong>Benefits</strong></h3>
<ul>
<li>Competitive salary and compensation package</li>
<li>Full medical coverage</li>
<li>Fully covered parental leave</li>
<li>Performance-based incentives</li>
<li>Leadership in a growing financial institution</li>
<li>Smart, kind colleagues who’re invested in your growth</li>
</ul>
<p>We are an equal opportunity employer and prohibits discrimination and harassment of any kind. We’re committed to providing employees with a work environment that is progressive and open-minded. Our employment philosophy is to hire the best people and empower them to do the best work of their lives. Employment decisions are based on business needs and individual merit without regard to race, color, religion, ethnicity, sexual orientation, nationality, marital status, gender or age.</p>