Chief Finance Officer

July 19, 2022

Job Description

  • Lagos

a CBN-licensed Microfinance Bank - Novella Africa Limited

Novella Africa Limited – Our client, a CBN-licensed Microfinance Bank, is recruiting suitable candidates to fill the position below:
Job Title: Chief Finance Officer
Location: Lagos
Employment Type: Full-time
Job Objectives

The Chief Financial Officer position is responsible for the planning, implementation, and management of the finance operations of the Bank.
This includes, but is not limited to, the development and execution of financial management and operational strategy, business planning, budgeting, forecasting, and negotiations focused on achieving that strategy, as well as the ongoing development and monitoring of systems designed to preserve company assets and report accurate financial results.


Report financial reports to shareholders, the Board of Directors, and regulators.
Manage the Financial Control, Treasury, Business Reporting, Investor Relations, Budget and
Tax departments of the Bank.
Develop performance management metrics that support and drive the achievement of the
Bank’s strategic objectives.
Oversee the capital structure of the Bank, determining the best mix of debt, equity,
and internal financing for optimal operations.
Identifying and managing financial risks of the Bank.
Ensuring legal and regulatory documentation is properly filed, and monitoring internal
controls and compliance with extant laws and regulations.
Establishing and developing relations with relevant external partners and stakeholders.
Provide thought-leadership in support of the MD/CEO and Executive Committee of the Bank
Ensuring credibility of the Finance operation by providing timely and accurate analysisof budgets, financial trends, and forecasts.
Optimal performance management of the business.
Optimal treasury performance and balance sheet management.
Identifying and addressing financial risks for the Bank.
Digital transformation of the functions within the Finance Division of the Bank.
Strategic thought leadership on the evolution of all components of the Finance Division inkeeping with the growth and transformation journey of the Bank.

Strategizing for Performance & Growth:

Helping to set the future direction of the company in order to enhance business performanceand shareholder value.
Leveraging financial perspectives to frame the acquisition of capital, undertake M&A andother investments, strategic decision making, and integration of performance management.
Create a capital and risk management lens to support the effective execution of the strategic initiatives of the Bank.
Critical thinking, analysis, and presentation of data, global financial perspective, strategic agility, and dealing with ambiguity.
Capital formation and structuring experience Merger targeting, due diligence, and integration

Operational Efficiency:

Dynamically balance cost, risk, and service levels in delivering on the finance organization’sresponsibilities.
Define and adapt finance’s operating model.
Development of finance talent.
Ensure the Finance Division’s operational efficiencies are in place and strictly focus onvalue-enhancing activities.
Developing and evolving the Finance Division’s operating and talent management models as the business evolves, while remaining efficient and effective.
Determining how to allocate scarce or limited financial resources to drive the greatest returnon investment while managing financial risks.
Ability to adapt to global best practices, operations, and reporting standards.

Controls & Stewardship:

Ensure company compliance with financial reporting and control requirements.
Ensure adequate assessment and mitigation of risk and compliance with applicableregulatory or other legal requirements.
Manage business complexity while minimizing risk as the business executes on itsstrategies and initiatives.
Objective nature and ability to effectively communicate risks and potential solutions acrossthe organization and to the Board.
Understanding of controls and related control frameworks (COSO, COBIT, etc.)


Candidates should possess a Master's Degree qualification
Minimum of 10 years cognate experience in core finance, accounting, or audit functions
Experience and exposure in digitizing the finance function and exposure to financial modelling
Experience in partnering with and operating within the C-Suite and interfacing with regulators as well as the market
Membership or Fellowship of the Institute of Chartered Accountants of Nigeria (ICAN) or Association of Chartered Certified Accountants (ACCA).
CFA Institute Chartership (optional).
Unimpeachable integrity, accountability, and probity.
Excellent strategic and thought-leadership.
Critical thinking, an innovative mindset, and problem-solving skills.
Ability to express sound and balanced judgment.
Should have experience in partnering with and operating within the C-Suite
Excellent carriage and presence.
Excellent written and oral communication skills.

Application Closing Date
23rd August, 2022.
How to Apply
Interested and qualified candidates should:
Click here to apply online

To apply for this job please visit


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